Spectrum Brands Holdings DEF 14A Filing
Ticker: SPB · Form: DEF 14A · Filed: Jul 5, 2024 · CIK: 109177
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
TL;DR
Spectrum Brands Holdings filed its annual proxy statement (DEF 14A) detailing exec pay & governance for FY24.
AI Summary
Spectrum Brands Holdings, Inc. filed its DEF 14A on July 5, 2024, for the fiscal year ending September 30, 2024. The filing details executive compensation and other corporate governance matters. Key financial periods covered include fiscal years 2020-2023, with specific data points related to equity awards and pension values for these years.
Why It Matters
This filing provides crucial information for shareholders regarding executive compensation and corporate governance, impacting investor confidence and decision-making.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that primarily discloses corporate governance and executive compensation information, not typically indicative of immediate financial risk.
Key Numbers
- 20240806 — Report Date (The filing is for the fiscal year ending August 6, 2024.)
- 2023-09-30 — Fiscal Year End (The most recent fiscal year end reported in the filing.)
Key Players & Entities
- Spectrum Brands Holdings, Inc. (company) — Filer
- HRG GROUP, INC. (company) — Former Company Name
- HARBINGER GROUP INC. (company) — Former Company Name
- ZAPATA CORP (company) — Former Company Name
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit proxies from shareholders for an annual meeting, providing details on matters such as director elections, executive compensation, and other corporate actions.
When was Spectrum Brands Holdings, Inc. previously known by another name?
Spectrum Brands Holdings, Inc. was formerly known as HRG GROUP, INC. until March 11, 2015, and prior to that, HARBINGER GROUP INC. until December 24, 2009, and ZAPATA CORP until July 3, 1992.
What is the standard industrial classification for Spectrum Brands Holdings, Inc.?
The Standard Industrial Classification for Spectrum Brands Holdings, Inc. is MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690].
What is the business address of Spectrum Brands Holdings, Inc.?
The business address of Spectrum Brands Holdings, Inc. is 3001 Deming Way, Middleton, WI 53562.
What fiscal years are detailed in the compensation tables mentioned in the filing?
The filing references compensation data for fiscal years 2020-2021, 2021-2022, and 2022-2023.
Filing Stats: 4,948 words · 20 min read · ~16 pages · Grade level 11.6 · Accepted 2024-07-05 16:35:18
Key Financial Figures
- $0.01 — s shares of our common stock, par value $0.01 (the "Common Stock"), and "stockholder"
- $25,000 — agent, which are not expected to exceed $25,000.00, excluding out-of-pocket expenses. B
Filing Documents
- spb-20240705.htm (DEF 14A) — 1006KB
- spb-20240705_g1.jpg (GRAPHIC) — 8KB
- spb-20240705_g10.jpg (GRAPHIC) — 67KB
- spb-20240705_g11.jpg (GRAPHIC) — 64KB
- spb-20240705_g12.jpg (GRAPHIC) — 93KB
- spb-20240705_g13.jpg (GRAPHIC) — 120KB
- spb-20240705_g2.jpg (GRAPHIC) — 47KB
- spb-20240705_g3.jpg (GRAPHIC) — 16KB
- spb-20240705_g4.jpg (GRAPHIC) — 20KB
- spb-20240705_g5.jpg (GRAPHIC) — 20KB
- spb-20240705_g6.jpg (GRAPHIC) — 21KB
- spb-20240705_g7.jpg (GRAPHIC) — 27KB
- spb-20240705_g8.jpg (GRAPHIC) — 30KB
- spb-20240705_g9.jpg (GRAPHIC) — 73KB
- 0000109177-24-000029.txt ( ) — 3074KB
- spb-20240705.xsd (EX-101.SCH) — 1KB
- spb-20240705_htm.xml (XML) — 83KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 43
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 86 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 88 PRINCIPAL ACCOUNTING FEES AND SERVICES 89 PROPOSAL 1 ELECTION OF DIRECTORS 90 PROPOSAL 2 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 92 PROPOSAL 3 ADVISORY VOTE ON EXECUTIVE COMPENSATION 93 OTHER BUSINESS 94 COMMUNICATIONS WITH OUR BOARD 94
FORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS 95 2024 ANNUAL MEETING INFORMATION This summary highlights information you will find in this Proxy Statement. As it is only a summary, please review the complete proxy statement before you vote. Date and Time: Location: Record Date: Proxy Mail Date: August 6, 2024 at 10:00 a.m., Eastern Time Earth City, MO office: One Rider Trail Plaza Drive, Suite 300, Earth City, MO 63045 June 17, 2024 On or about July 5, 2024 How to Vote: By Internet: Log on to: www.proxyvote.com. Follow the on-screen instructions available 24 hours a day, 7 days a week By Phone: Call 1-800-690-6903. Follow the recorded instructions available 24 hours a day, 7 days a week By Mail: Vote, sign and date your Proxy Card and return in the postage-paid envelope In Person: Attend the Annual Meeting at One Rider Trail Plaza Drive, Suite 300, Earth City, MO 63045 Voting: Each share of common stock is entitled to one vote for each director nominee and one vote for each of the other proposals to be voted on. Admission: Admission to the 2024 Annual Meeting of Stockholders is limited to shareholders as of the Record Date or their duly appointed proxies. If you attend, please note that you may be asked to present valid picture identification, such as a driver's license or passport. 2024 Annual Meeting Agenda and Vote Recommendations: Matter: Board Vote Recommendation Proposal 1 Election of Directors FOR Proposal 2 Ratification of Appointment of Independent Registered Public Accounting Firm FOR Proposal 3 Advisory Vote on Executive Compensation FOR 1 GENERAL INFORMATION ABOUT THE PROXY STATEMENT AND ANNUAL MEETING Why am I receiving these materials? This Proxy Statement, the accompanying Notice of Annual Meeting of Stockholders, and proxy card are being furnished to the stockholders of the Company by the Board of Directors (the "Board") to solicit your proxy to vote at the 2024 Annual Meeting of Stockholders of the Company and any adjournments or p