DraftKings Inc. Political Contributions Disclosure
This document details a request for DraftKings Inc. shareholders to support Proposal No. 4, which seeks greater transparency regarding political contributions made by the company. It emphasizes the importance of disclosure for shareholders to assess risks associated with corporate political spending. The document provides insights from the New York State Common Retirement Fund on why such transparency is crucial.
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How do I fill this out?
To fill out this document, start by carefully reading the proposal and understanding the context of the request. Next, indicate your support or opposition to the proposal clearly. Finally, submit the document according to the specified instructions.
How to fill out the DraftKings Inc. Political Contributions Disclosure?
1
Read the proposal thoroughly.
2
Indicate your vote preference (support or oppose).
3
Sign the document if required.
4
Submit the completed document as per instructions.
5
Retain a copy for your records.
Who needs the DraftKings Inc. Political Contributions Disclosure?
1
Shareholders of DraftKings Inc. need this document to participate in the voting process.
2
Investment funds looking to influence company governance should utilize this file.
3
Financial analysts require it to review and analyze DraftKings' corporate spending.
4
Corporate governance advocates need it for promoting transparency.
5
Researchers studying corporate political contributions may find this document essential.
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What are the instructions for submitting this form?
To submit this form, you can email the completed document to CorpGov@osc.ny.gov. Alternatively, you may fax it to (518) 474-1574. For those preferring physical submission, mail the document to the Office of the New York State Comptroller, Division of Legal Services, 110 State Street, 14th Floor, Albany, NY 12236. Ensure you adhere to the submission deadlines outlined in the important dates section.
What are the important dates for this form in 2024 and 2025?
The important dates for this proposal include the annual meeting on May 13, 2024, and any related deadlines for submitting votes or responses in connection to the proposal.
What is the purpose of this form?
The purpose of this form is to facilitate shareholder participation in the governance of DraftKings Inc. by providing a clear avenue for expressing support or opposition to Proposal No. 4 regarding political contributions transparency. By filling out this form, shareholders can influence corporate practices towards accountability and responsible governance. Transparency in political spending is increasingly important for mitigating risks and aligning corporate strategies with shareholders' interests.
Tell me about this form and its components and fields line-by-line.
- 1. Name: The full name of the shareholder submitting the form.
- 2. Vote Preference: Indication of support or opposition to Proposal No. 4.
- 3. Signature: The shareholder's signature to validate the submission.
What happens if I fail to submit this form?
If this form is not submitted, shareholders may miss the opportunity to vote on Proposal No. 4, which could impact corporate governance. Consequently, the lack of participation can lead to continued opacity regarding DraftKings' political contributions, which may not align with shareholder interests.
- Loss of Voting Power: Failure to submit means losing your ability to influence the vote.
- Continued Lack of Transparency: Without collective support, the company may not improve its disclosure practices.
- Misalignment with Company Values: Failure to engage may result in decisions that do not reflect shareholder values.
How do I know when to use this form?
- 1. Shareholder Voting: Utilize this form to exercise your voting rights in the upcoming proposal.
- 2. Corporate Accountability Advocacy: Support transparency in political contributions by submitting your vote.
- 3. Influencing Governance Policies: Take action in influencing the governance of DraftKings Inc.
Frequently Asked Question
What is the purpose of this document?
The document seeks to encourage transparency regarding DraftKings Inc.'s political contributions.
How can I edit this PDF?
You can edit the PDF by selecting text and making changes directly in PrintFriendly.
Can I save the edited PDF?
Yes, you can download the edited PDF directly after making your changes.
What happens if I don't submit the form?
Failure to submit may result in not having your voice heard in the voting process.
Is there a deadline for submitting the form?
Yes, please refer to the important dates section for submission deadlines.
Who can sign this document?
Any shareholder or authorized representative can sign the document.
Can I share the edited document?
Yes, you can easily share the document using PrintFriendly's sharing options.
How do I know if I should use this form?
Review the proposal details to determine if your interests align with the contents of the document.
Are there any specific instructions for submission?
Yes, detailed instructions for submission are provided in the document.
What is the significance of supporting Proposal No. 4?
Supporting the proposal promotes accountability in corporate political spending.
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