Compensation Advisory Studio · Executive Compensation

Proxy Disclosure Support

CD&A, compensation tables, and other proxy disclosures with status, owner, and due date.

What this analysis does

Track every proxy compensation disclosure (CD&A sections, compensation tables, supporting disclosures) with owner, status, due date, and notes.

Required data

Prior-year proxy CD&A, current-year compensation data (SCT/GPBA), comp committee inputs, finance year-end.

Key outputs

Per-item section, topic, status, owner, due date, notes. Aggregate finalization rate.

Data caveats

Comp committee owns final wording; consultant drafts and reviews. The proxy attorney (in-house or external) owns legal review.

Advisor takeaway

16 items tracked. 5 Final, 5 Drafted, 3 In review, 3 Pending data. The 3 Pending-data items (SCT, GPBA, CEO Pay Ratio) all depend on year-end finance close and gate the final proxy timeline.

Next recommended action

Hold the next comp-committee pre-read once Pending-data items resolve; schedule a final-walk-through 7 days before proxy filing.

Items tracked
16
Final
2
Pending data
4
Next due
Feb 10
Pension / NQDC final
Section:
SectionTopicStatusOwnerDueNotes
CD&ACompensation philosophy & objectivesDraftedComp consultant2026-02-15Reuses Compensation Philosophy memo with proxy-specific framing.
CD&APeer group rationaleDraftedComp consultant2026-02-15Tied to Peer Group Builder output; ISS / Glass Lewis peer overlap flagged.
CD&APay-for-Performance discussionIn reviewComp committee2026-02-28Narrative anchored to the P4P alignment scoring.
CD&ASTI plan design & outcomesDraftedComp consultant2026-02-15Includes metric weights, threshold/target/max, actual payouts.
CD&ALTI plan design & PSU outcomesPending dataFinance2026-03-01Awaiting FY performance certification before PSU outcome lockdown.
CD&ARealized vs realizable pay disclosureIn reviewComp committee2026-02-28Voluntary disclosure; aligns with ISS approach.
TablesSummary Compensation Table (SCT)Pending dataFinance2026-03-05Awaiting year-end SCT figures + tax gross-ups.
TablesGrants of Plan-Based Awards (GPBA)Pending dataFinance2026-03-05Awaiting LTI grant valuations.
TablesOutstanding Equity AwardsDraftedComp consultant2026-02-20Rolls from equity admin extract.
TablesOption Exercises & Stock VestedDraftedComp consultant2026-02-20Rolls from equity admin extract.
TablesPension Benefits / NQDCFinalComp consultant2026-02-10No material change vs prior year.
TablesPotential Payments on Termination / CICIn reviewComp committee2026-02-25Reuses Severance / CIC fixtures.
OtherCEO Pay RatioPending dataFinance2026-03-05Median-employee re-identification not required this year.
OtherPay-vs-Performance Disclosure (Item 402v)In reviewComp consultant2026-02-285-year CAP / TSR / Net Income / Selected Measure table.
OtherDirector Compensation TableFinalComp consultant2026-02-10Pulled from Director Compensation page.
OtherStock Ownership Guidelines disclosureDraftedComp consultant2026-02-20Reuses Stock Ownership Guidelines page.
Advisor takeaway
High
What we found

Three disclosures are Pending data and depend on year-end finance close: Summary Compensation Table, Grants of Plan-Based Awards, and CEO Pay Ratio. All have March-5 due dates with no slack.

Why it matters

Proxy filing windows are narrow. A single late item from Finance can compress the legal review window and force a sub-optimal disclosure choice (e.g., adding 'preliminary' caveat language).

Recommended action

(1) Re-confirm with Finance the March-5 commit for SCT/GPBA. (2) Pre-stage CD&A narrative drafts for items still In review to shorten the lock cycle. (3) Schedule a comp committee final-walk 7 days before filing.

Risks

If Finance slips, the comp committee may have to approve preliminary disclosures and amend post-filing — costly and ISS-visible.

Questions to ask the client
  • Is the Pay-vs-Performance Disclosure (Item 402v) using full 5 years of CAP data, or the transition rule allowing 3 years?
  • Has Legal flagged any disclosures that would benefit from cross-reference to ESG / 10-K Human Capital sections?
Data caveats

Due dates assume current proxy filing timeline. Annual meeting date controls.

Suggested next module

Open Board Report to assemble the comp-committee final pre-read.