By NLPC Staff
Publication Date: 2026-09-22 21:24:00
So far this year NLPC has submitted a few shareholder proposals that seek to preserve basic stock ownership thresholds that have been embedded in a Securities and Exchange Commission rule, in order for a proponent to be eligible to submit a proposal at a company for consideration at its annual meeting.
Earlier this month the SEC formally proposed to eliminate that standard, known as Rule 14a-8, adopted under the Securities Exchange Act. Chairman Paul Atkins had signaled his intent to rescind the rule for almost a year.
Understanding that that’s where shareholder proposal regulation was headed, NLPC submitted proposals asking companies to establish a policy that would continue to allow proposals that meet minimal stock ownership standards of $2,000 for three years, $15,000 for two years, or $25,000 for one year. The first such proposal that will reach a shareholder vote is one NLPC has on the proxy statement at Procter & Gamble, whose meeting is scheduled for October…
