Smith & Wesson Files DEF 14A on Executive Compensation
Ticker: SWBI · Form: DEF 14A · Filed: Aug 6, 2024 · CIK: 1092796
| Field | Detail |
|---|---|
| Company | Smith & Wesson Brands, Inc. (SWBI) |
| Form Type | DEF 14A |
| Filed Date | Aug 6, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $182.9 million, $70.7 million, $170,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: SWBI
TL;DR
SWBI DEF 14A out - exec comp details, equity awards for Murphy & others. Check it.
AI Summary
Smith & Wesson Brands, Inc. filed a DEF 14A on August 6, 2024, detailing executive compensation and other corporate governance matters. The filing includes information on equity awards and adjustments for various fiscal years, such as 2020-2021, 2021-2022, and 2022-2023, affecting individuals like Brian D. Murphy.
Why It Matters
This filing provides transparency into how Smith & Wesson compensates its top executives, which can influence investor decisions and perceptions of the company's management.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing providing information on executive compensation and corporate governance, with no immediate indication of significant new risks.
Key Numbers
- 20240806 — Filing Date (Date the DEF 14A was filed with the SEC.)
- 0430 — Fiscal Year End (Indicates the end of Smith & Wesson's fiscal year.)
Key Players & Entities
- SMITH & WESSON BRANDS, INC. (company) — Filer
- Brian D. Murphy (person) — Executive mentioned in relation to equity awards
- AMERICAN OUTDOOR BRANDS CORP (company) — Former company name
- SMITH & WESSON HOLDING CORP (company) — Former company name
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
What specific fiscal years are covered by the equity award adjustments mentioned in the filing?
The filing mentions equity award adjustments for the fiscal years ending April 30, 2021, April 30, 2022, and April 30, 2023.
Who is Brian D. Murphy in the context of this filing?
Brian D. Murphy is an individual mentioned in relation to equity awards and adjustments for the fiscal years 2020-2021 and 2021-2022.
What was Smith & Wesson Brands, Inc. formerly known as?
Smith & Wesson Brands, Inc. was formerly known as Smith & Wesson Holding Corp. and American Outdoor Brands Corp.
What is the SIC code for Smith & Wesson Brands, Inc.?
The Standard Industrial Classification (SIC) code for Smith & Wesson Brands, Inc. is 3480, which falls under 'Ordnance & Accessories, (No Vehicles/Guided Missiles)'.
Filing Stats: 4,406 words · 18 min read · ~15 pages · Grade level 13.1 · Accepted 2024-08-06 16:00:19
Key Financial Figures
- $182.9 million — nnouncing the Relocation, we have spent $182.9 million in aggregate on the Relocation, with $7
- $70.7 million — on in aggregate on the Relocation, with $70.7 million spent in fiscal 2024. In October 2023,
- $170,000 — 000 attendees and raising approximately $170,000 for local charities. Once we complete t
Filing Documents
- swbi-20240806.htm (DEF 14A) — 2068KB
- img126796016_0.jpg (GRAPHIC) — 502KB
- img126796016_1.jpg (GRAPHIC) — 1KB
- img126796016_2.jpg (GRAPHIC) — 1KB
- img126796016_3.jpg (GRAPHIC) — 1KB
- img126796016_4.jpg (GRAPHIC) — 2KB
- img126796016_5.jpg (GRAPHIC) — 2KB
- img126796016_6.jpg (GRAPHIC) — 2KB
- img126796016_7.jpg (GRAPHIC) — 78KB
- img126796016_8.jpg (GRAPHIC) — 79KB
- img126796016_9.jpg (GRAPHIC) — 78KB
- img126796016_10.jpg (GRAPHIC) — 74KB
- img126796016_11.jpg (GRAPHIC) — 2KB
- img126796016_12.jpg (GRAPHIC) — 658KB
- img126796016_13.jpg (GRAPHIC) — 424KB
- 0000950170-24-091725.txt ( ) — 8365KB
- swbi-20240806.xsd (EX-101.SCH) — 36KB
- swbi-20240806_htm.xml (XML) — 659KB
Executive Compensation
Executive Compensation 30 Audit Matters 43 Stockholder Proposal 45 Proposal Three – Stockholder Proposal 45 Other Important Information 50 Beneficial Ownership of Common Stock 50 Annual Report on Form 10-K 51 Delinquent Section 16(a) Reports 51 Frequently Asked Questions Regarding the 2024 Annual Meeting and Voting 51 Stockholder Proposals or Director Nominations for 2025 Annual Meeting 54 PROXY STATEM ENT SUMMARY This summary highlights information contained elsewhere in this Proxy Statement. You should read this entire Proxy Statement carefully before voting. In this Proxy Statement, Smith & Wesson Brands, Inc. (together with its subsidiaries) is referred to as "the Company," "we," "us," or "our." MEETING INFORMATION Time and Date 10:00 a.m., Eastern Time, on Tuesday, September 17, 2024 Location Online via webcast at www.virtualshareholdermeeting.com/SWBI2024 Record Date July 26, 2024 MEETING AGENDA Proposals Board Recommendation Page 1. Election of Directors FOR each nominee 3 2. Advisory Vote to Approve Executive Compensation FOR 16 3. Stockholder Proposal AGAINST 45 Name Age Director Since Experience Committee Memberships Other Public Company Boards Anita D. Britt * 61 2018 Former CFO of Perry Ellis International, Inc. AC ** , CC, SC 3 Fred M. Diaz * 58 2021 Former President and CEO of Mitsubishi Motor North America, Inc. CC, SC ** 3 Michelle J. Lohmeier * 61 2023 Former Strategic Advisor to CEO of Spirit AeroSystems, Inc. CC, SC 1 Barry M. Monheit * 77 2004 Former President of Financial Consulting Division of FTI Consulting CC ** , NCG 1 Robert L. Scott * 78 1999 Former President of a predecessor of Smith & Wesson Brands, Inc. AC, NCG 0 Mark P. Smith 48 2020 President and CEO of Smith & Wesson Brands, Inc. - 0 Denis G. Suggs * 58 2021 CEO of LCP Transportation LLC AC, NCG