Section: April 30, 2026 | Vol 31, Issue 16
Warner Bros Discovery Shareholders OK Merger, Put Brakes on CEO’s Golden Parachute
Although Warner Bros. Discovery shareholders voted to approve the company’s $81 billion merger with Paramount Skydance on April 23, they rejected CEO David Zaslav’s $500 million golden parachute.
Groups Urge Amazon Shareholders to Vote Against Directors Following Shareholder Proposal Exclusions
SOC Investment Group, Oxfam America, and three other groups sent a letter to Amazon shareholders April 20 urging them at the May 20 annual meeting to vote against the re-election of Jonathan Rubinstein, Jamie Gorelick, and Andrew Ng, members of Amazon’s nominations and corporate governance committee and Patricia Stonesifer, a former member of the committee, for their decision this year to exclude new shareholder proposals filed at the company.
Report Examines Impact of SEC’s New Approach to No-Action Requests
Shareholders filed approximately 20% fewer proposals for the 2026 season, and companies filed more than 100 fewer exclusion notices than in 2025, finds a new analysis by the Shareholder Rights Group.
Musk Finally Gets 2018 Pay Package, Rivian Follows Telsa’s Playbook on Executive Comp
After finally winning a protracted court battle in December, Tesla on April 24 filed an S-8 granting Tesla CEO Elon Musk 304 million shares worth approximately $114 billion.
GOP Attorneys General Argue Credit Rating Agencies’ Downgrades Based on ESG Harmed States, Companies
Twenty-three Republican attorneys general sent a letter to the presidents of credit ratings agencies and SEC Chair Paul Atkins accusing the agencies of harming states and oil and gas companies by downgrading their credit ratings based on “far-fetched ESG goals that have not materialized.”
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Asset Management Industry Eyes Fund Tokenization
The asset management industry is dipping its toe into tokenized versions of existing investment products, particularly with respect to Exchange-Traded Funds and money market accounts.
SEC Committee Floats Ideas for Boosting IPOs Among Small Companies
The SEC’s Small Business Capital Formation Advisory Committee met April 28 to discuss ways to increase IPOs among smaller companies.
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