Value Line Inc. Files Definitive Proxy Statement

TL;DR

Value Line proxy filed. Annual meeting Oct 8. Vote your shares!

AI Summary

Value Line Inc. filed its definitive proxy statement on August 20, 2024, for its annual meeting on October 8, 2024. The filing covers the fiscal year ending April 30, 2024, and includes information related to the company's governance and shareholder matters. The company's principal executive offices are located at 551 Fifth Ave., 3rd Floor, New York, NY 10176-0001.

Why It Matters

This filing provides shareholders with crucial information regarding the company's leadership, executive compensation, and voting matters, enabling informed participation in the annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that provides information to shareholders and does not indicate any unusual risks.

Key Players & Entities

• Value Line Inc. (company) — Registrant
• August 20, 2024 (date) — Filing Date
• October 8, 2024 (date) — Annual Meeting Date
• April 30, 2024 (date) — Fiscal Year End
• 551 Fifth Ave., 3rd Floor, New York, NY 10176-0001 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $40,000 — July 31, 2022. Her fee as a director is $40,000, the same as the other non-employee dir

Filing Documents

• valu20240819_def14a.htm (DEF 14A) — 279KB
• pic1.jpg (GRAPHIC) — 109KB
• pic2.jpg (GRAPHIC) — 80KB
• pic3.jpg (GRAPHIC) — 133KB
• pic4.jpg (GRAPHIC) — 141KB
• pic5.jpg (GRAPHIC) — 225KB
• pic6.jpg (GRAPHIC) — 234KB
• 0001437749-24-027370.txt ( ) — 3047KB
• valu-20240430.xsd (EX-101.SCH) — 3KB
• valu-20240430_def.xml (EX-101.DEF) — 2KB
• valu-20240430_lab.xml (EX-101.LAB) — 2KB
• valu-20240430_pre.xml (EX-101.PRE) — 1KB
• valu20240819_def14a_htm.xml (XML) — 49KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth information as of August 13, 2024 as to shares of the Company's Common Stock held by persons known to the Company to be the beneficial owners of more than 5% of the Company's Common Stock. Name of Beneficial Owner Number of Shares Beneficially Owned Percentage of Shares Beneficially Owned (1) Arnold Bernhard & Co., Inc. (1) 8,633,733 91.67% (1) Jean B. Buttner owns all of the outstanding voting stock of Arnold Bernhard & Co., Inc. ("AB&Co."). The following table sets forth information as of August 13, 2024 with respect to shares of the Company's Common Stock owned by each nominee for director of the Company, by each executive officer listed in the Summary Compensation Table and by all named executive officers and directors as a group. Number of Shares Beneficially Owned Percentage of Shares Beneficially Owned Name and Address of Beneficial Owner Stephen R. Anastasio 600 * Mary Bernstein 200 * Howard A. Brecher 1,600 * Stephen P. Davis 200 * Alfred R. Fiore 400 * Glenn J. Muenzer 200 * All directors and executive officers as a group (6 persons) 3,200 * *Less than one percent 3 CORPORATE GOVERNANCE Role of the Board of Directors Our Board plays an active role in overseeing management and representing the interests of shareholders. Directors are expected to attend Board meetings and the meetings of committees on which they serve. Directors are also in communication with management as needed between formal meetings. During the fiscal year ended April 30, 2024 ("fiscal 2024"), there were four meetings of the Board of Directors. Each director elected last year attended 100% of the meetings of the Board of Directors and of each committee on which they served during the fiscal year. The Company encourages attendance by directors at the Company's Annual Meeting. All six members of the Board attended the 2023 Annual

: Gender Identity

Part I: Gender Identity Directors 1 5 0 0

: Demographic Background

Part II: Demographic Background African American or Black 0 0 0 0 Alaskan Native or Native American 0 0 0 0 Asian 0 0 0 0 Hispanic or Latino 0 0 0 0 Native Hawaiian or Pacific Islander 0 0 0 0 White 1 5 0 0 Two or More Races or Ethnicities 0 0 0 0 LGBTQ+ 0 0 0 0 Did Not Disclose Demographic Background 0 0 0 0 11 Director Qualifications When considering whether directors and nominees possess the experience, qualifications, attributes and skills, taken as a whole, to enable the Board to satisfy its oversight responsibilities effectively in light of the Company's business and structure, the Board focused primarily on the information discussed in each of the directors' individual histories set forth above. In particular, with regard to Mr. Brecher, the Board considered his superb academic background, and his over 25 years of executive experience with the Company in both legal and operational roles, as well as his extensive knowledge of the Company's product lines and operational structure. With regard to Mr. Davis, the Board considered that he has managed his own business serving a number of clients in financial services and other industries, and has served as a senior official in one of the nation's largest municipal police departments. With regard to Mr. Fiore, the Board considered that he served as the Chief of Police of Westport, Connecticut – responsible for overseeing law enforcement activities and managing a highly visible and critical governmental function with all of its attendant legal, financial and operational concerns. With respect to Mr. Muenzer, who serves as the Value Line Audit Committee Financial Expert, Mr. Muenzer has extensive financial investigative and supervisory experience with the FBI in New York and as a Certified Public Accountant and internal audit executive. The Board considered that Mr. Anastasio has more than 30 years' experience with the Company in his roles as Corporate Controller, Chief

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION SUMMARY COMPENSATION TABLE The following table sets forth information concerning the compensation for services in all capacities to the Company for the fiscal years ended April 30, 2024, 2023 and 2022 of the executive officers of the Company. As of the end of fiscal 2024, the Company has two executive officers, Messrs. Brecher and Anastasio, each of whom is included in the table below. Messrs. Brecher and Anastasio are collectively referred to elsewhere in this Proxy Statement as the Company's "Named Executive Officers." Annual Compensation All Other Name and Principal Fiscal Salary Bonus Compensation Total Position Year ($) ($) (a)($)

View Full Filing

View this DEF 14A filing on SEC EDGAR