Glacier Bancorp, Inc. Files Definitive Proxy Statement
Ticker: GBCI · Form: DEF 14A · Filed: Mar 15, 2024 · CIK: 868671
Sentiment: neutral
Topics: Proxy Statement, DEF 14A, Glacier Bancorp, Corporate Governance, Executive Compensation
TL;DR
<b>Glacier Bancorp, Inc. has filed its Definitive Proxy Statement for the period ending April 24, 2024.</b>
AI Summary
GLACIER BANCORP, INC. (GBCI) filed a Proxy Statement (DEF 14A) with the SEC on March 15, 2024. Glacier Bancorp, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 15, 2024. The filing covers the period ending April 24, 2024. The company's fiscal year ends on December 31. Glacier Bancorp, Inc. is classified under Standard Industrial Classification 6022 (State Commercial Banks). The filing includes data related to executive compensation and equity awards for the fiscal year 2023.
Why It Matters
For investors and stakeholders tracking GLACIER BANCORP, INC., this filing contains several important signals. This DEF 14A filing is a standard requirement for publicly traded companies to provide shareholders with information regarding upcoming 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 company's annual meeting.
Risk Assessment
Risk Level: low — GLACIER BANCORP, INC. shows low risk based on this filing. The filing is a routine DEF 14A, indicating no immediate or significant new risks are being disclosed beyond standard corporate governance information.
Analyst Insight
Review the executive compensation details and any shareholder proposals within the DEF 14A to understand potential impacts on corporate governance and shareholder value.
Key Numbers
- 2024-03-15 — Filing Date (DEF 14A filing date)
- 2024-04-24 — Period of Report (Conformed period of report)
- 1231 — Fiscal Year End (Company's fiscal year end)
- 6022 — SIC Code (Standard Industrial Classification)
Key Players & Entities
- GLACIER BANCORP, INC. (company) — Filer name
- GBCI (company) — Ticker symbol
- DEF 14A (filing) — Form type
- 2024-03-15 (date) — Filing date
- 2024-04-24 (date) — Period of report
- 6022 (industry) — Standard Industrial Classification
- MT (location) — State of incorporation
- 406-751-7708 (phone) — Business phone number
FAQ
When did GLACIER BANCORP, INC. file this DEF 14A?
GLACIER BANCORP, INC. filed this Proxy Statement (DEF 14A) with the SEC on March 15, 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 GLACIER BANCORP, INC. (GBCI).
Where can I read the original DEF 14A filing from GLACIER BANCORP, 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 GLACIER BANCORP, INC..
What are the key takeaways from GLACIER BANCORP, INC.'s DEF 14A?
GLACIER BANCORP, INC. filed this DEF 14A on March 15, 2024. Key takeaways: Glacier Bancorp, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 15, 2024.. The filing covers the period ending April 24, 2024.. The company's fiscal year ends on December 31..
Is GLACIER BANCORP, INC. a risky investment based on this filing?
Based on this DEF 14A, GLACIER BANCORP, INC. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating no immediate or significant new risks are being disclosed beyond standard corporate governance information.
What should investors do after reading GLACIER BANCORP, INC.'s DEF 14A?
Review the executive compensation details and any shareholder proposals within the DEF 14A to understand potential impacts on corporate governance and shareholder value. The overall sentiment from this filing is neutral.
How does GLACIER BANCORP, INC. compare to its industry peers?
Glacier Bancorp, Inc. operates within the commercial banking sector, as indicated by its SIC code 6022.
Are there regulatory concerns for GLACIER BANCORP, INC.?
The filing is a DEF 14A, a standard regulatory document required under the Securities Exchange Act of 1934 for public companies.
Industry Context
Glacier Bancorp, Inc. operates within the commercial banking sector, as indicated by its SIC code 6022.
Regulatory Implications
The filing is a DEF 14A, a standard regulatory document required under the Securities Exchange Act of 1934 for public companies.
What Investors Should Do
- Analyze the proposals to be voted on at the shareholder meeting.
- Review the executive compensation disclosures for named executive officers.
- Examine director nominations and qualifications.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure and does not inherently represent a change from previous filings in terms of company performance or strategic shifts, but rather provides information for an upcoming shareholder meeting.
Filing Stats: 4,765 words · 19 min read · ~16 pages · Grade level 11.5 · Accepted 2024-03-15 16:42:55
Filing Documents
- gbci-20240315.htm (DEF 14A) — 816KB
- gbci-20240315_g1.jpg (GRAPHIC) — 17KB
- gbci-20240315_g2.jpg (GRAPHIC) — 17KB
- gbci-20240315_g3.jpg (GRAPHIC) — 346KB
- gbci-20240315_g4.jpg (GRAPHIC) — 269KB
- gbci-20240315_g5.jpg (GRAPHIC) — 306KB
- gbci-20240315_g6.jpg (GRAPHIC) — 89KB
- gbci-20240315_g7.jpg (GRAPHIC) — 78KB
- 0000868671-24-000051.txt ( ) — 3970KB
- gbci-20240315.xsd (EX-101.SCH) — 5KB
- gbci-20240315_def.xml (EX-101.DEF) — 6KB
- gbci-20240315_lab.xml (EX-101.LAB) — 10KB
- gbci-20240315_pre.xml (EX-101.PRE) — 6KB
- gbci-20240315_htm.xml (XML) — 73KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 18 COMPENSATION DISCUSSION AND ANALYSIS 19 REPORT OF COMPENSATION AND HUMAN CAPITAL COMMITTEE 29
EXECUTIVE COMPENSATION TABLES
EXECUTIVE COMPENSATION TABLES 30 i Summary Compensation Table 30 Grants of Plan-Based Awards 31 Outstanding Equity Awards at Fiscal Year-End 31 Option Exercises and Stock Vested 32 Director and Employee Plans 32 Pension Benefits 33 Employment Arrangements and Potential Payments upon Termination or Change In Control 33 CEO Compensation Pay Ratio 37 Pay Versus Performance Disclosure 38 Equity Compensation Plan Information 42 PROPOSAL NO. 2 ADVISORY (NON-BINDING) VOTE ON EXECUTIVE COMPENSATION 42 AUDITORS 43 Fees Paid to Independent Registered Public Accounting Firm 43 Audit Committee Pre-Approval of Audit and Permissible Non-Audit Services of Independent Auditors 44 REPORT OF AUDIT COMMITTEE 44 PROPOSAL NO. 3 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 45 OTHER BUSINESS 45 202 5 SHAREHOLDER PROPOSALS AND DIRECTOR NOMINATIONS 45 ANNUAL REPORT TO SHAREHOLDERS 46 DELIVERY OF DOCUMENTS TO SHAREHOLDERS SHARING AN ADDRESS 46 ii GLACIER BANCORP, INC. 49 Commons Loop Kalispell, Montana 59901 (406) 756-4200 PROXY STATEMENT Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on April 24, 2024: This Proxy Statement and the Annual Report to Shareholders for the year ended December 31, 2023, which includes our Form 10-K, are available at www.proxyvote.com. In this Proxy Statement, the terms "we," "us" and "our" refer to Glacier Bancorp, Inc. INFORMATION ABOUT THE MEETING Meeting Information . This Proxy Statement and the accompanying proxy card or voting instruction form are being sent to shareholders on or about March 15, 2024, for use in connection with the 2024 Annual Meeting of Shareholders of Glacier Bancorp, Inc. (the "Company" or "Glacier"), to be held on Wednesday, April 24, 2024, at 9:00 a.m. Mountain Time (the "Annual Meeting") at The Hilton Garden Inn, 1840 Highway 93 South, Kalispell, Montana. Record Date. If