Sturm, Ruger & Co. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Sturm, Ruger & Co. will hold its 2024 virtual Annual Meeting of Stockholders on May 30, 2024, to elect directors and ratify auditors.</b>

AI Summary

STURM RUGER & CO INC (RGR) filed a Proxy Statement (DEF 14A) with the SEC on April 17, 2024. The 2024 Annual Meeting of Stockholders for Sturm, Ruger & Company, Inc. will be held virtually on May 30, 2024, at 9:00 a.m. EDT. Stockholders can attend, vote, and submit questions online via www.virtualshareholdermeeting.com/RGR2024 using their control number. The meeting agenda includes the election of nine (9) Directors. The appointment of the independent registered public accounting firm will be ratified. The filing is a Definitive Proxy Statement (DEF 14A) filed on April 17, 2024.

Why It Matters

For investors and stakeholders tracking STURM RUGER & CO INC, this filing contains several important signals. This filing provides essential details for shareholders to participate in the annual meeting, including how to vote and submit questions for the election of directors and ratification of auditors. As a DEF 14A filing, it outlines the formal proposals and procedures for the shareholder meeting, crucial for corporate governance and shareholder rights.

Risk Assessment

Risk Level: low — STURM RUGER & CO INC shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would alter the company's risk profile.

Analyst Insight

Review the proxy statement to understand the director nominees and any other proposals before the May 30, 2024, annual meeting.

Key Numbers

• 9 — Directors to be elected (Proposal 1: Election of Directors)
• 2024 — Annual Meeting Year (2024 Annual Meeting of Stockholders)
• May 30 — Meeting Date (Annual Meeting Date)
• 9:00 a.m. EDT — Meeting Time (Annual Meeting Time)

Key Players & Entities

• STURM RUGER & CO INC (company) — Filer and Registrant
• Christopher J. Killoy (person) — Chief Executive Officer
• May 30, 2024 (date) — Date of Annual Meeting
• April 17, 2024 (date) — Filing Date
• NYSE:RGR (company) — Stock Ticker

FAQ

Risk Factors

• Compliance with SEC Rules [low — regulatory]: The filing must adhere to SEC regulations for proxy statements, including disclosure requirements for director nominees and executive compensation.

Industry Context

Sturm, Ruger & Company, Inc. operates in the firearms industry, a sector subject to specific regulations and market dynamics.

Regulatory Implications

The company is subject to federal and state regulations governing firearms manufacturing and sales, as well as SEC regulations for public company disclosures.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the proposal to ratify the appointment of the independent registered public accounting firm.
3. Ensure you have your control number to participate in the virtual meeting and vote.

Key Dates

• 2024-05-30: Annual Meeting of Stockholders — Key date for shareholder voting and participation.
• 2024-04-17: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 Annual Meeting, providing details on upcoming proposals and meeting procedures.

Key Financial Figures

• $150,000 — hese proxies, which are estimated to be $150,000, will be borne by the Company. We encou
• $1.00 — Only holders of shares of Common Stock, $1.00 par value, of the Company (the "Common

Filing Documents

• ea0203639-01.htm (DEF 14A) — 2432KB
• tbarchart_001.jpg (GRAPHIC) — 201KB
• tbarchart_002.jpg (GRAPHIC) — 259KB
• tbarchart_003.jpg (GRAPHIC) — 206KB
• tbarchart_004.jpg (GRAPHIC) — 233KB
• tkevin_sig.jpg (GRAPHIC) — 20KB
• tkilloy_sig.jpg (GRAPHIC) — 24KB
• tproxy_001.jpg (GRAPHIC) — 986KB
• tproxy_002.jpg (GRAPHIC) — 866KB
• tstrumlogo.jpg (GRAPHIC) — 59KB
• tstrumlogo1.jpg (GRAPHIC) — 59KB
• 0001174947-24-000558.txt (&nbsp;) — 9794KB
• rgr-20240418.xsd (EX-101.SCH) — 10KB
• rgr-20240418_def.xml (EX-101.DEF) — 7KB
• rgr-20240418_lab.xml (EX-101.LAB) — 28KB
• rgr-20240418_pre.xml (EX-101.PRE) — 23KB
• ea0203639-01_htm.xml (XML) — 157KB

Executive Compensation

Executive Compensation 36 Target Compensation Table 36 2023 Summary Compensation Table 37 Summary All Other Compensation Table 38 Grants Of Plan-Based Awards Table 39 Outstanding Equity Awards At Fiscal Year-End 2023 Table 40 Option Exercises And Stock Vested In 2023 Table 41 Potential Payments Upon Termination Or Change In Control 42 Payments On Change In Control 42 Covered Terminations and Severance Payments Pursuant to Change In Control Agreements 42 Change In Control Events and Severance Benefits Not Covered by the Severance Agreements 42 Change In Control Definition 43 Termination by Death or Disability 43 Termination by Retirement 43 Voluntary and Involuntary Termination 44 Retention and Transition Agreements 44 Potential And Actual Payments Under Severance Agreements Table 45 Pension Plans 47 Chief Executive Officer Pay Ratio 47 Pay Versus Performance 48 Stockholder Proposals And Director Nominations For 2025 51 Stockholder And Interested Party Communications With The Board Of Directors 52 Other Matters 53 ii Table of Contents Sturm, Ruger & Company, Inc. April 18, 2024 PROXY STATEMENT Annual Meeting of Stockholders of the Company to be held on May 30, 2024 proxy solicitation and voting information This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Directors (the "Board" or the "Board of Directors") of Sturm, Ruger & Company, Inc. (the "Company") for use at the 2024 Annual Meeting of Stockholders (the "Meeting" or the "Annual Meeting of Stockholders") of the Company to be held live via the Internet at 9:00 a.m. Eastern Daylight Time on May 30, 2024, or at any adjournment or postponement thereof for the purposes set forth in the accompanying Notice of Annual Meeting of Stockholders. This Proxy Statement has been posted and is available on the Securities and Exchange Commission's (the "SEC") website at www.sec.gov and the Company's websi

View Full Filing

View this DEF 14A filing on SEC EDGAR