Business Context and Reporting Period
This Form 8-K filing by Heritage Insurance Holdings, Inc. is dated March 19, 2019. The report addresses corporate governance matters regarding the scheduling of the 2019 Annual Meeting of Stockholders and the associated deadlines for shareholder proposals and director nominations.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report on a specific corporate event and does not contain financial performance data.
Material Changes
The Board of Directors determined that the 2019 Annual Meeting of Stockholders will be held on May 1, 2019. Because this date is more than 30 days before the anniversary of the 2018 Annual Meeting, the standard deadlines for stockholder proposals under Rule 14a-8 and other nominations are no longer applicable. Consequently, revised deadlines have been established.
Guidance, Outlook, and Management Commentary
Management has set a new deadline for stockholder proposals intended for inclusion in the 2019 proxy materials under Rule 14a-8. Proposals must be received at the Company's principal executive offices by the close of business on March 31, 2019. Similarly, any stockholder intending to submit a director nomination or other business proposal not included in the proxy materials must also deliver notice by the close of business on March 31, 2019. The filing notes that all proposals must comply with applicable SEC rules.
Key Facts for Investor Verification
- Meeting Date: The 2019 Annual Meeting of Stockholders is scheduled for May 1, 2019.
- Proposal Deadline: The deadline for submitting Rule 14a-8 proposals and other nominations is March 31, 2019.
- Submission Address: Proposals must be delivered to 2600 McCormick Drive, Suite 300, Clearwater, Florida 33759.
- Reason for Change: The meeting date shift (more than 30 days prior to the prior year's anniversary) triggered the need for revised deadlines under the Company's bylaws and SEC rules.