Post Holdings Seeks Shareholder Support for 2025 Annual Meeting

TL;DR

Post Holdings (POST) needs your vote at the Jan 30, 2025 meeting - proxy filing out now.

AI Summary

Post Holdings, Inc. is holding its 2025 Annual Meeting of Shareholders on January 30, 2025, and is requesting shareholder support. The company is filing a Definitive Additional Materials proxy statement (DEFA14A) to communicate with its shareholders regarding this meeting.

Why It Matters

This filing is important for shareholders to understand the company's requests and to exercise their voting rights at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a routine proxy filing for an annual shareholder meeting, not indicating any unusual financial or operational risks.

Key Players & Entities

• Post Holdings, Inc. (company) — Registrant
• 2025 Annual Meeting of Shareholders (event) — Meeting date
• January 30, 2025 (date) — Annual Meeting date
• DEFA14A (document) — Filing type

FAQ

From the Filing

0001530950-25-000025.txt : 20250122 0001530950-25-000025.hdr.sgml : 20250122 20250122161512 ACCESSION NUMBER: 0001530950-25-000025 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20250122 DATE AS OF CHANGE: 20250122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Post Holdings, Inc. CENTRAL INDEX KEY: 0001530950 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 453355106 STATE OF INCORPORATION: MO FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35305 FILM NUMBER: 25546143 BUSINESS ADDRESS: STREET 1: 2503 S. HANLEY ROAD CITY: ST. LOUIS STATE: MO ZIP: 63144 BUSINESS PHONE: 314-644-7600 MAIL ADDRESS: STREET 1: 2503 S. HANLEY ROAD CITY: ST. LOUIS STATE: MO ZIP: 63144 DEFA14A 1 a2025supplementallettertos.htm DEFA14A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549  __________________________________   SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant   ý Filed by a party other than the Registrant   ¨ Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) o Definitive Proxy Statement ý Definitive Additional Materials o Soliciting Material under §240.14a-12 Post Holdings, Inc. (Name of Registrant as Specified In Its Charter) Payment of Filing Fee (Check all boxes that apply): ý No fee required o Fee paid previously with preliminary materials o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 Dear Shareholder: We are writing to ask for your critical support at Post’s 2025 Annual Meeting of Shareholders to be held on January 30, 2025. We would like to draw your attention specifically to Proposal No. 3, an advisory vote on the Company’s executive compensation, and to express our appreciation for your independent analysis in conducting your evaluation. Despite the express acknowledgement that Post has put in place successful performance-based programs and “reasonable outcomes in the annual and long-term incentives,” Institutional Shareholder Services (“ISS”) ultimately recommends that shareholders vote against Post’s executive compensation because Post adopted a new supplemental executive retirement program (“SERP”) in 2024. Given the importance of the proposal to our long-standing business and compensation strategy, we believe it is imperative that we highlight the flaws in ISS’ conclusion, which we have described in detail below. Separately, Glass Lewis (“GL”) has also recommended that you vote against our executive compensation, though for a wholly separate, though equally curious, rationale. GL harnesses the crux of their negative recommendation on minor discretionary adjustments to bonus payouts made to the executive team. However, notably, they are passing judgment on decisions that were only applicable to fiscal 2023 bonus payouts. Either this is an oversight or an error, but either way, GL’s recommendations to you should be made based on fiscal 2024 compensation decisions. We recognize that as busy shareholders, you likely rely on these proxy advisors’ reports. We would like to assure you of our commitment to continue to increase the value of your shares in Post. We thank you for the time you have focused on this matter and your careful consideration of this proposal, and for all the reasons below, our Board recommends that you vote “FOR” Proposal No. 3. Post’s Objections to ISS Report ISS Positively Highlights Numerous Aspects of our Overall Compensation Practices As a preliminary matter, it is important to recognize t