One Liberty Properties, Inc. Announces Annual Meeting of Stockholders on June 10, 2024
Ticker: OLP · Form: DEF 14A · Filed: Apr 22, 2024 · CIK: 712770
Sentiment: neutral
Topics: Annual Meeting, Proxy Statement, Executive Compensation, Director Election, Auditor Ratification
TL;DR
<b>One Liberty Properties, Inc. will hold its annual stockholder meeting on June 10, 2024, to elect directors, vote on executive compensation, and ratify auditors.</b>
AI Summary
ONE LIBERTY PROPERTIES INC (OLP) filed a Proxy Statement (DEF 14A) with the SEC on April 22, 2024. Annual meeting scheduled for June 10, 2024, at 9:00 a.m. local time. Key agenda items include election of three Class 1 directors. Stockholders will vote on a non-binding proposal to approve 2023 executive compensation. Proposal to ratify Ernst & Young LLP as independent registered public accounting firm for 2024. Record date for stockholders entitled to vote is March 15, 2024.
Why It Matters
For investors and stakeholders tracking ONE LIBERTY PROPERTIES INC, this filing contains several important signals. The meeting will determine the composition of the board of directors for the next term. Shareholder approval of executive compensation and auditor ratification are standard governance procedures.
Risk Assessment
Risk Level: — ONE LIBERTY PROPERTIES INC shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.
Analyst Insight
Stockholders should review the proxy materials to make informed voting decisions on director nominees and executive compensation.
Key Numbers
- 3 — Class 1 Directors (To be elected at the annual meeting)
- 2023 — Executive Compensation Year (Subject of non-binding vote)
- 2024 — Fiscal Year (For which Ernst & Young LLP is proposed as auditor)
Key Players & Entities
- ONE LIBERTY PROPERTIES INC (company) — Registrant
- June 10, 2024 (date) — Annual meeting date
- Ernst & Young LLP (company) — Independent registered public accounting firm
- March 15, 2024 (date) — Record date for stockholders
FAQ
When did ONE LIBERTY PROPERTIES INC file this DEF 14A?
ONE LIBERTY PROPERTIES INC filed this Proxy Statement (DEF 14A) with the SEC on April 22, 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 ONE LIBERTY PROPERTIES INC (OLP).
Where can I read the original DEF 14A filing from ONE LIBERTY PROPERTIES 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 ONE LIBERTY PROPERTIES INC.
What are the key takeaways from ONE LIBERTY PROPERTIES INC's DEF 14A?
ONE LIBERTY PROPERTIES INC filed this DEF 14A on April 22, 2024. Key takeaways: Annual meeting scheduled for June 10, 2024, at 9:00 a.m. local time.. Key agenda items include election of three Class 1 directors.. Stockholders will vote on a non-binding proposal to approve 2023 executive compensation..
Is ONE LIBERTY PROPERTIES INC a risky investment based on this filing?
Based on this DEF 14A, ONE LIBERTY PROPERTIES INC presents a moderate-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.
What should investors do after reading ONE LIBERTY PROPERTIES INC's DEF 14A?
Stockholders should review the proxy materials to make informed voting decisions on director nominees and executive compensation. The overall sentiment from this filing is neutral.
How does ONE LIBERTY PROPERTIES INC compare to its industry peers?
One Liberty Properties, Inc. is a real estate investment trust (REIT) operating in the real estate sector.
Are there regulatory concerns for ONE LIBERTY PROPERTIES INC?
The filing is made under Schedule 14A of the Securities Exchange Act of 1934, governing proxy solicitations.
Industry Context
One Liberty Properties, Inc. is a real estate investment trust (REIT) operating in the real estate sector.
Regulatory Implications
The filing is made under Schedule 14A of the Securities Exchange Act of 1934, governing proxy solicitations.
What Investors Should Do
- Review the list of director nominees and their qualifications.
- Understand the details of the 2023 executive compensation plan.
- Confirm the ratification of Ernst & Young LLP as the independent auditor.
Key Dates
- 2024-06-10: Annual Meeting of Stockholders — Election of directors, vote on executive compensation, and auditor ratification.
- 2024-03-15: Record Date — Determines stockholders entitled to vote at the annual meeting.
Year-Over-Year Comparison
This filing is a DEF 14A, indicating it is a definitive proxy statement for the annual meeting, following the standard reporting cycle.
Filing Stats: 4,662 words · 19 min read · ~16 pages · Grade level 14.1 · Accepted 2024-04-22 08:32:32
Key Financial Figures
- $7,000 — . We have retained DF King for a fee of $7,000 plus expenses and other customary charg
Filing Documents
- ny20024169x1_def14a.htm (DEF 14A) — 828KB
- ny20024169x1_pc1.jpg (GRAPHIC) — 561KB
- ny20024169x1_pc2.jpg (GRAPHIC) — 1053KB
- ny20024169x1_pc3.jpg (GRAPHIC) — 825KB
- ny20024169x1_pvp01.jpg (GRAPHIC) — 202KB
- ny20024169x1_pvp02.jpg (GRAPHIC) — 192KB
- sig_ashergaffney.jpg (GRAPHIC) — 27KB
- 0001140361-24-020912.txt ( ) — 4766KB
Executive Compensation
Executive Compensation ​ ​ 18 Compensation Program ​ ​ 18 Compensation Consultant ​ ​ 18 The Role of Say-on-Pay Votes ​ ​ 19 Objectives of our Compensation Program ​ ​ 19 Compensation Setting Process ​ ​ 19 Components of Executive Compensation ​ ​ 20 Stock Ownership Guidelines ​ ​ 23 Policy Prohibiting Hedging of our Securities ​ ​ 23 Clawbacks ​ ​ 23 Compensation of Part-Time Named Executive Officers ​ ​ 24 Compensation of the Chairman and Vice Chairman of the Board ​ ​ 24 Analysis ​ ​ 24 Summary Compensation Table ​ ​ 26 Grant of Plan Based Awards During 2023 ​ ​ 27 Outstanding Equity Awards at Fiscal Year End ​ ​ 28 Option Exercises and Stock Vested ​ ​ 28 Potential Payments upon Termination or Change-in-Control ​ ​ 29 Pay Ratio ​ ​ 30 Pay Versus Performance ​ ​ 31 Certain Relationships and Related Transactions ​ ​ 34 Proposal 2 — Advisory Approval of the Compensation of Executives ​ ​ 36 Proposal 3 — Independent Registered Public Accounting Firm ​ ​ 37 General ​ ​ 37 Audit and Other Fees ​ ​ 37 Approval Policy for Audit and Non-Audit Services ​ ​ 37 Report of the Audit Committee ​ ​ 38 Additional Information and Notice of Internet Availability of Proxy Materials ​ ​ 39 TABLE OF CONTENTS ONE LIBERTY PROPERTIES, INC. PROXY STATEMENT GENERAL Our Board of Directors is furnishing you with this proxy statement to solicit proxies on its behalf to be voted at the 2024 annual meeting of stockholders of One Liberty Properties, Inc. The meeting will be held at our offices, 60 Cutter Mill