Roper Technologies Inc. Files Definitive Proxy Statement

Ticker: ROP · Form: DEF 14A · Filed: Apr 26, 2024 · CIK: 882835

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Roper Technologies, Corporate Governance, Shareholder Meeting

TL;DR

<b>Roper Technologies Inc. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>

AI Summary

ROPER TECHNOLOGIES INC (ROP) filed a Proxy Statement (DEF 14A) with the SEC on April 26, 2024. Roper Technologies, Inc. (formerly Roper Industries, Inc.) filed a Definitive Proxy Statement (DEF 14A) on April 26, 2024. The filing pertains to the fiscal year ending December 31, 2023. The company's principal executive offices are located at 6496 University Parkway, Sarasota, FL 34240. The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934. No fee was required for this filing, as indicated by the payment of filing fee section.

Why It Matters

For investors and stakeholders tracking ROPER TECHNOLOGIES INC, this filing contains several important signals. This DEF 14A filing is a standard requirement for public companies to provide shareholders with information regarding annual meetings, director elections, executive compensation, and other corporate governance matters. Shareholders will use this document to make informed decisions when voting on proposals at the upcoming annual meeting, including the election of directors and approval of executive compensation plans.

Risk Assessment

Risk Level: low — ROPER TECHNOLOGIES INC shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than significant new developments or risks.

Analyst Insight

Review the proxy statement for details on director nominations, executive compensation, and any shareholder proposals to understand management's strategy and governance practices.

Key Numbers

Key Players & Entities

FAQ

When did ROPER TECHNOLOGIES INC file this DEF 14A?

ROPER TECHNOLOGIES INC filed this Proxy Statement (DEF 14A) with the SEC on April 26, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ROPER TECHNOLOGIES INC (ROP).

Where can I read the original DEF 14A filing from ROPER TECHNOLOGIES INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ROPER TECHNOLOGIES INC.

What are the key takeaways from ROPER TECHNOLOGIES INC's DEF 14A?

ROPER TECHNOLOGIES INC filed this DEF 14A on April 26, 2024. Key takeaways: Roper Technologies, Inc. (formerly Roper Industries, Inc.) filed a Definitive Proxy Statement (DEF 14A) on April 26, 2024.. The filing pertains to the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 6496 University Parkway, Sarasota, FL 34240..

Is ROPER TECHNOLOGIES INC a risky investment based on this filing?

Based on this DEF 14A, ROPER TECHNOLOGIES INC presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than significant new developments or risks.

What should investors do after reading ROPER TECHNOLOGIES INC's DEF 14A?

Review the proxy statement for details on director nominations, executive compensation, and any shareholder proposals to understand management's strategy and governance practices. The overall sentiment from this filing is neutral.

How does ROPER TECHNOLOGIES INC compare to its industry peers?

Roper Technologies operates in the industrial instruments sector, providing a range of products and services for measurement, display, and control.

Are there regulatory concerns for ROPER TECHNOLOGIES INC?

The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies from shareholders.

Industry Context

Roper Technologies operates in the industrial instruments sector, providing a range of products and services for measurement, display, and control.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies from shareholders.

What Investors Should Do

  1. Analyze executive compensation packages and incentive plans detailed in the proxy statement.
  2. Review the biographies and qualifications of director nominees.
  3. Identify and evaluate any shareholder proposals and management's recommendations.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine annual disclosure. Specific comparative data from a previous filing is not directly available in this excerpt.

Filing Stats: 4,367 words · 17 min read · ~15 pages · Grade level 13.6 · Accepted 2024-04-26 15:51:14

Key Financial Figures

Filing Documents

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 44 2023 Summary Compensation Table 44 2023 Grants of Plan-Based Awards 45 2023 Outstanding Equity Awards at Fiscal Year End 46 2023 Option Exercises and Stock Vested 48 2023 Non-Qualified Deferred Compensation 48 Potential Payments upon Termination or Change in Control 48 Summary of Termination Payments and Benefits 49 CEO Pay Ratio 51 Pay Versus Performance 52 PROPOSAL 2: ADVISORY VOTE TO APPROVE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS 55 AUDIT COMMITTEE REPORT 56 INDEPENDENT PUBLIC ACCOUNTANT'S FEES 57 PROPOSAL 3: RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2024 57 PROPOSAL 4: SHAREHOLDER PROPOSAL 58 ANNUAL MEETING AND VOTING INFORMATION 60 INFORMATION REGARDING THE 2025 ANNUAL MEETING OF SHAREHOLDERS 64 OTHER MATTERS 65 APPENDIX A—RECONCILIATIONS A-1 Table of Contents PROXY STATEMENT SUMMARY This summary highlights information about Roper Technologies, Inc. (the "Company", "Roper", "we", "us" or "our") and the upcoming 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). It does not contain all of the information you should consider. We recommend reading the complete proxy statement (the "Proxy Statement") and our 2023 Annual Report to Shareholders (the "2023 Annual Report"), which includes our Annual Report on Form 10-K, before voting. The Proxy Statement and the enclosed proxy card are being mailed or otherwise made available to shareholders on or about April 26, 2024. 2024 ANNUAL MEETING OF SHAREHOLDERS Date and Time: Wednesday, June 12, 2024 10:00 a.m. (Eastern) Record Date: April 18, 2024 Place: The Westin Sarasota 100 Marina View Drive Sarasota, Florida 34236 VOTING MATTERS AND BOARD RECOMMENDATIONS Proposals Board Recommendation Vote Required 1: Election of ten directors for a one-year term FOR EAC

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