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Which legally required document reveals detailed information about the compensation of the CEO and named executive officers (NEOs)?

Which document discloses this information?
a. Annual Report
b. Proxy Statement
c. Employee Handbook
d. Financial Statement

1 Answer

2 votes

Final answer:

The compensation details of a company's CEO and NEOs are disclosed in the Proxy Statement, a document filed with the SEC and associated with annual shareholder meetings.

Step-by-step explanation:

The legally required document that reveals detailed information about the compensation of the CEO and named executive officers (NEOs) is the Proxy Statement.

This document, also known as the DEF 14A, is filed with the U.S. Securities and Exchange Commission (SEC) and is most commonly associated with the annual shareholder meeting of a corporation.

The compensation details included in the proxy statement cover salary, bonus, stock options, and other forms of compensation.

Final answer:

The Proxy Statement is the legally required document that reveals detailed information about the compensation of the CEO and named executive officers (NEOs).

Step-by-step explanation:

The legally required document that reveals detailed information about the compensation of the CEO and named executive officers (NEOs) is the Proxy Statement. T

his document is filed by publicly traded companies with the U.S. Securities and Exchange Commission (SEC) and is distributed to shareholders before the company's annual shareholders’ meeting.

The Proxy Statement provides information about the salaries, bonuses, stock options, and other compensation received by the CEO and NEOs.

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