SMITH A O CORP Files DEF 14A for Fiscal Year Ending 12/31

Ticker: AOS · Form: DEF 14A · Filed: Feb 29, 2024 · CIK: 91142

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Smith AO Corp, SEC Filing, Corporate Governance

TL;DR

<b>SMITH A O CORP has filed its Definitive Proxy Statement (DEF 14A) with the SEC, detailing corporate governance and executive compensation information.</b>

AI Summary

SMITH A O CORP (AOS) filed a Proxy Statement (DEF 14A) with the SEC on February 29, 2024. SMITH A O CORP filed a DEF 14A with the SEC on February 29, 2024. The filing covers the period ending April 9, 2024. The company's fiscal year ends on December 31. SMITH A O CORP is incorporated in Delaware. The company's principal business address is in Milwaukee, WI.

Why It Matters

For investors and stakeholders tracking SMITH A O CORP, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation, director nominations, and other voting matters before the annual meeting. Investors can analyze the company's financial performance and strategic direction as presented through the proxy statement's disclosures.

Risk Assessment

Risk Level: low — SMITH A O CORP shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate disclosure rather than an immediate event or significant change.

Analyst Insight

Review the executive compensation details and voting proposals to make informed decisions for the upcoming shareholder meeting.

Key Numbers

Key Players & Entities

FAQ

When did SMITH A O CORP file this DEF 14A?

SMITH A O CORP filed this Proxy Statement (DEF 14A) with the SEC on February 29, 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 SMITH A O CORP (AOS).

Where can I read the original DEF 14A filing from SMITH A O CORP?

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 SMITH A O CORP.

What are the key takeaways from SMITH A O CORP's DEF 14A?

SMITH A O CORP filed this DEF 14A on February 29, 2024. Key takeaways: SMITH A O CORP filed a DEF 14A with the SEC on February 29, 2024.. The filing covers the period ending April 9, 2024.. The company's fiscal year ends on December 31..

Is SMITH A O CORP a risky investment based on this filing?

Based on this DEF 14A, SMITH A O CORP presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate disclosure rather than an immediate event or significant change.

What should investors do after reading SMITH A O CORP's DEF 14A?

Review the executive compensation details and voting proposals to make informed decisions for the upcoming shareholder meeting. The overall sentiment from this filing is neutral.

How does SMITH A O CORP compare to its industry peers?

SMITH A O CORP operates in the Household Appliances industry, as indicated by its SIC code 3630.

Are there regulatory concerns for SMITH A O CORP?

The filing is a DEF 14A, which is a standard disclosure document required by the SEC under the Securities Exchange Act of 1934.

Industry Context

SMITH A O CORP operates in the Household Appliances industry, as indicated by its SIC code 3630.

Regulatory Implications

The filing is a DEF 14A, which is a standard disclosure document required by the SEC under the Securities Exchange Act of 1934.

What Investors Should Do

  1. Review the proxy statement for details on executive compensation and any proposed shareholder resolutions.
  2. Note the filing date of February 29, 2024, and the period of report ending April 9, 2024.
  3. Confirm the company's fiscal year end is December 31.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure. Specific comparisons to prior filings would require access to those documents.

Filing Stats: 4,806 words · 19 min read · ~16 pages · Grade level 11.7 · Accepted 2024-02-29 08:02:10

Key Financial Figures

Filing Documents

Security Ownership of Directors and Management

Security Ownership of Directors and Management 25

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 26 Compensation Discussion and Analysis 26 Summary Compensation Table 39 Components of 2023 All Other Compensation 40 Grants of Plan-Based Awards 41 Outstanding Equity Awards at December 31, 2023 42 Option Exercises and Stock Vested 43 Pension Benefits 43 Non-qualified Deferred Compensation 44 Termination of Employment and Change in Control Arrangements 45 REPORT OF THE PERSONNEL AND COMPENSATION COMMITTEE 49 PAY VERSUS PERFORMANCE DISCLOSURE 50 PAY RATIO DISCLOSURE 55 ADVISORY VOTE TO APPROVE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 56 REPORT OF THE AUDIT COMMITTEE 57 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 59 REPORT OF THE NOMINATING AND GOVERNANCE COMMITTEE 60 DATES FOR STOCKHOLDER PROPOSALS 61 STOCKHOLDER PROPOSAL REQUESTING A BOARD REPORT ON OUR HIRING PRACTICES WITH RESPECT TO FORMERLY INCARCERATED PEOPLE 62 PROXY STATEMENT 2023 ANNUAL MEETING GENERAL INFORMATION This Proxy Statement is furnished to stockholders of A. O. Smith Corporation in connection with the solicitation by its Board of Directors of proxies for use at the Annual Meeting of Stockholders of our company to be held on April 9, 2024, at 8:00 a.m. (EDT). The Annual Meeting will be at the Carnegie Hotel, 1216 W. State of Franklin Road, Johnson City, Tennessee. Under rules of the Securities and Exchange Commission, or "SEC", we are furnishing proxy materials, which include our Proxy Statement and Annual Report, to our stockholders over the Internet and providing an Important Notice Regarding the Availability of Proxy Materials (the "Notice") by mail. You will not receive a printed copy of the proxy materials unless you request to receive these materials in hard copy by following the instructions provided in the Notice. Instead, the Notice will instruct you how you may access and review all of the important information contained in the proxy materials. T

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