Meta Platforms Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$META
Computer Software: Programming Data Processing
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 28, 2025
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices and Zip Code)
(650 ) 543-4800
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | ||||||||
| Emerging growth company | ||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ | |||||||
Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 28, 2025, Meta Platforms, Inc. (the "Company") held its annual meeting of shareholders via live audio webcast (the "Annual Meeting"). At the Annual Meeting, the Company's shareholders voted on fourteen proposals, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 17, 2025 (the "Proxy Statement"). At the beginning of the Annual Meeting, there were 1,769,720,699 shares of Class A common stock and 342,865,499 shares of Class B common stock present or represented by proxy at the Annual Meeting, which represented 92.61% of the combined voting power of the shares of Class A common stock and Class B common stock entitled to vote at the Annual Meeting (voting together as a single class), and which constituted a quorum for the transaction of business. Holders of the Company's Class A common stock were entitled to one vote for each share held as of the close of business on April 1, 2025 (the "Record Date"), and holders of the Company's Class B common stock were entitled to ten votes for each share held as of the Record Date.
The shareholders of the Company voted on the following proposals at the Annual Meeting:
1.To elect the fifteen directors nominated by the Company's board of directors, all of whom are currently serving on the Company's board of directors, each to serve until the next annual meeting of shareholders and until his or her successor has been elected and qualified, or until his or her earlier death, resignation, or removal.
2.To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.
3.To approve the Company's 2025 Equity Incentive Plan.
4.A non-binding advisory vote on the compensation program for the Company's named executive officers as disclosed in the Proxy Statement.
5.A non-binding advisory vote on whether a non-binding advisory vote on the compensation program for the Company's named executive officers should be held every one, two or three years.
6.A shareholder proposal regarding dual class capital structure.
7.A shareholder proposal regarding disclosure of voting results based on class of shares.
8.A shareholder proposal regarding report on hate targeting marginalized communities.
9.A shareholder proposal regarding report on child safety impacts and actual harm reduction to children.
10.A shareholder proposal regarding report on risks of deepfakes in online child exploitation.
11.A shareholder proposal regarding report on AI data usage oversight.
12.A shareholder proposal regarding GHG emissions reduction actions.
13.A shareholder proposal regarding Bitcoin treasury assessment.
14.A shareholder proposal regarding report on data collection and advertising practices.
1.Election of Directors
| Nominee | For | Withheld | Broker Non-Votes | ||||||||
| Peggy Alford | 4,293,835,996 | 699,767,025 | 204,772,865 | ||||||||
| Marc L. Andreessen | 4,299,212,683 | 694,390,338 | 204,772,865 | ||||||||
John Arnold | 4,949,926,222 | 43,676,799 | 204,772,865 | ||||||||
Patrick Collison | 4,980,031,358 | 13,571,663 | 204,772,865 | ||||||||
John Elkann | 4,466,076,403 | 527,526,618 | 204,772,865 | ||||||||
| Andrew W. Houston | 4,505,963,430 | 487,639,591 | 204,772,865 | ||||||||
| Nancy Killefer | 4,943,033,689 | 50,569,332 | 204,772,865 | ||||||||
| Robert M. Kimmitt | 4,888,979,218 | 104,623,803 | 204,772,865 | ||||||||
Dina Powell McCormick | 4,985,472,447 | 8,130,574 | 204,772,865 | ||||||||
Charles Songhurst | 4,976,317,168 | 17,285,853 | 204,772,865 | ||||||||
Hock E. Tan | 4,738,159,289 | 255,443,732 | 204,772,865 | ||||||||
| Tracey T. Travis | 4,814,521,865 | 179,081,156 | 204,772,865 | ||||||||
Dana White | 4,973,980,488 | 19,622,533 | 204,772,865 | ||||||||
| Tony Xu | 4,506,029,633 | 487,573,388 | 204,772,865 | ||||||||
| Mark Zuckerberg | 4,626,960,113 | 366,642,908 | 204,772,865 | ||||||||
Each of the fifteen nominees for director was elected to serve until the next annual meeting of shareholders and until his or her successor has been elected and qualified, or until his or her earlier death, resignation, or removal.
2.Ratification of Appointment of Independent Registered Public Accounting Firm
| For | Against | Abstentions | ||||||
| 5,163,314,157 | 33,910,782 | 1,150,947 | ||||||
There were no broker non-votes on this proposal.
The shareholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.
3.Approval of 2025 Equity Incentive Plan
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 3,753,643,849 | 1,235,628,986 | 4,330,186 | 204,772,865 | ||||||||
The shareholders approved the Company's 2025 Equity Incentive Plan.
4.Non-Binding Advisory Vote on the Compensation Program for the Company's Named Executive Officers
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 4,466,829,916 | 521,809,410 | 4,963,695 | 204,772,865 | ||||||||
The shareholders approved, on a non-binding advisory basis, the compensation program for the Company's named executive officers as disclosed in the Proxy Statement.
5.Non-Binding Advisory Vote on the Frequency of an Advisory Vote on the Compensation Program for the Company's Named Executive Officers
One Year | Two Years | Three Years | Abstentions | Broker Non-Votes | ||||||||||
| 1,448,611,643 | 1,295,109 | 3,542,118,864 | 1,577,405 | 204,772,865 | ||||||||||
The shareholders approved, on a non-binding advisory basis, holding a non-binding advisory vote on the compensation program for the Company's named executive officers every three years. Based on these results and consistent with the Company's recommendation, the Company's board of directors has determined that the Company will conduct future shareholder advisory votes on the compensation program for its named executive officers once every three years. This policy will remain in effect until the next shareholder vote on the frequency of shareholder advisory votes on the compensation program for the named executive officers, expected to be held at the Company's 2031 annual meeting of shareholders.
6.Shareholder Proposal Regarding Dual Class Capital Structure
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 1,286,629,335 | 3,701,609,499 | 5,364,187 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding dual class capital structure.
7.Shareholder Proposal Regarding Disclosure of Voting Results Based on Class of Shares
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 1,028,098,566 | 3,959,996,157 | 5,508,298 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding disclosure of voting results based on class of shares.
8.Shareholder Proposal Regarding Report on Hate Targeting Marginalized Communities
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 727,562,405 | 4,253,031,703 | 13,008,913 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding report on hate targeting marginalized communities.
9.Shareholder Proposal Regarding Report on Child Safety Impacts and Actual Harm Reduction to Children
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 669,263,526 | 4,314,033,460 | 10,306,035 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding report on child safety impacts and actual harm reduction to children.
10.Shareholder Proposal Regarding Report on Risks of Deepfakes in Online Child Exploitation
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 321,216,126 | 4,655,739,520 | 16,647,375 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding report on risks of deepfakes in online child exploitation.
11.Shareholder Proposal Regarding Report on AI Data Usage Oversight
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 493,907,562 | 4,480,980,438 | 18,715,021 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding report on AI data usage oversight.
12.Shareholder Proposal Regarding GHG Emissions Reduction Actions
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 161,819,547 | 4,813,205,098 | 18,578,376 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding GHG emissions reduction actions.
13.Shareholder Proposal Regarding Bitcoin Treasury Assessment
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 3,916,871 | 4,980,828,562 | 8,857,588 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding Bitcoin treasury assessment.
14.Shareholder Proposal Regarding Report on Data Collection and Advertising Practices
| For | Against | Abstentions | Broker Non-Votes | ||||||||
| 540,736,457 | 4,439,322,426 | 13,544,138 | 204,772,865 | ||||||||
The shareholders did not approve the shareholder proposal regarding report on data collection and advertising practices.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Exhibit Title or Description | |||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| META PLATFORMS, INC. | |||||||||||
| Date: | May 30, 2025 | By: | /s/ Katherine R. Kelly | ||||||||
| Name: | Katherine R. Kelly | ||||||||||
| Title: | Vice President and Corporate Secretary | ||||||||||