Ollie's Bargain Outlet Holdings, Inc. Announces 2024 Annual Meeting of Stockholders

Ticker: OLLI · Form: DEF 14A · Filed: 2024-05-02T00:00:00.000Z

Sentiment: neutral

Topics: Ollie's Bargain Outlet, DEF 14A, Annual Meeting, Executive Compensation, KPMG LLP

TL;DR

<b>Ollie's Bargain Outlet Holdings, Inc. will hold its 2024 Annual Meeting on June 13, 2024, to elect directors, vote on executive compensation, and ratify auditors.</b>

AI Summary

Ollie's Bargain Outlet Holdings, Inc. (OLLI) filed a Proxy Statement (DEF 14A) with the SEC on May 2, 2024. The 2024 Annual Meeting of Stockholders for Ollie's Bargain Outlet Holdings, Inc. will be held on June 13, 2024. The meeting agenda includes the election of nine directors, approval of executive compensation, and a vote on the frequency of executive compensation advisory proposals. Stockholders will also vote on the ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending February 1, 2025. The record date for determining eligible stockholders is April 17, 2024. Proxy materials are being provided electronically via the internet to reduce environmental impact and cost.

Why It Matters

For investors and stakeholders tracking Ollie's Bargain Outlet Holdings, Inc., this filing contains several important signals. The election of directors and advisory votes on executive compensation are key governance matters that directly impact the company's leadership and alignment with shareholder interests. The ratification of the independent auditor is crucial for maintaining financial transparency and investor confidence in the company's financial reporting.

Risk Assessment

Risk Level: low — Ollie's Bargain Outlet Holdings, Inc. shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk.

Analyst Insight

Stockholders should review the director nominees and executive compensation proposals to make informed voting decisions at the upcoming Annual Meeting.

Key Numbers

Key Players & Entities

FAQ

When did Ollie's Bargain Outlet Holdings, Inc. file this DEF 14A?

Ollie's Bargain Outlet Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on May 2, 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 Ollie's Bargain Outlet Holdings, Inc. (OLLI).

Where can I read the original DEF 14A filing from Ollie's Bargain Outlet Holdings, 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 Ollie's Bargain Outlet Holdings, Inc..

What are the key takeaways from Ollie's Bargain Outlet Holdings, Inc.'s DEF 14A?

Ollie's Bargain Outlet Holdings, Inc. filed this DEF 14A on May 2, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for Ollie's Bargain Outlet Holdings, Inc. will be held on June 13, 2024.. The meeting agenda includes the election of nine directors, approval of executive compensation, and a vote on the frequency of executive compensation advisory proposals.. Stockholders will also vote on the ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending February 1, 2025..

Is Ollie's Bargain Outlet Holdings, Inc. a risky investment based on this filing?

Based on this DEF 14A, Ollie's Bargain Outlet Holdings, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement (DEF 14A) and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk.

What should investors do after reading Ollie's Bargain Outlet Holdings, Inc.'s DEF 14A?

Stockholders should review the director nominees and executive compensation proposals to make informed voting decisions at the upcoming Annual Meeting. The overall sentiment from this filing is neutral.

Risk Factors

Key Dates

Filing Stats: 4,636 words · 19 min read · ~15 pages · Grade level 14.2 · Accepted 2024-05-02 16:06:13

Key Financial Figures

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 46 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 48 PROPOSAL 3- NON-BINDING ADVISORY VOTE REGARDING FREQUENCY OF ADVISORY VOTE ON COMPANY'S NAMED EXECUTIVE OFFICER COMPENSATION, BEGINNING WITH THE NEXT ANNUAL MEETING 49 PROPOSAL 4-RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 50 REPORT OF THE AUDIT COMMITTEE 52 STOCKHOLDER PROPOSALS AND NOMINATIONS FOR THE 2025 ANNUAL MEETING 53 OTHER BUSINESS 53 2024 PROXY STATEMENT i TABLE OF CONTENTS OLLIE'S BARGAIN OUTLET HOLDINGS, INC. 6295 Allentown Boulevard, Suite 1 Harrisburg, Pennsylvania 17112 PROXY STATEMENT ANNUAL MEETING OF STOCKHOLDERS June 13, 2024 INFORMATION CONCERNING THE ANNUAL MEETING AND VOTING The Board of Directors (the "Board") of Ollie's Bargain Outlet Holdings, Inc. ("Ollie's," "we," "us," "our," or the "Company") is soliciting your proxy to be voted at the Annual Meeting to be held on June 13, 2024, at 10:00 a.m. local time at the Colonial Golf and Tennis Club, 4901 Linglestown Road, Harrisburg, PA 17112, and any postponement or adjournment thereof. Matters Considered at the Annual Meeting At the Annual Meeting, stockholders will be asked to vote to: (1) elect nine nominees named herein as directors to hold office until the Next Annual Meeting; (2) approve a non-binding advisory proposal regarding the compensation of named executive officers ("Named Executive Officer(s)" or "NEO(s)"); (3) approve a non-binding proposal regarding the frequency of holding an advisory vote on the compensation of NEOs; and (4) ratify the appointment of KPMG LLP ("KPMG") as the Company's independent registered public accounting firm for the current fiscal year ending February 1, 2025 ("Fiscal 2024"). The Board is not aware of any matters to be brought before the Annual Meeting other than as set forth in the notice of meeting. If any other matters properly come before the Annual Meeting, the persons name

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