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Proxima

Methodology

How the data is built

Sources, conventions, checks & corrections

Every figure in Proxima traces back to a filing made with the SEC. This page explains where the data comes from, how to read it, how it is checked, and how to report a correction.

01Where the data comes from

Every figure in Proxima is transcribed from a filing the company made with the SEC, primarily its annual proxy statement. Nothing is estimated or filled in: if a filing does not state a value, Proxima does not show one. Each figure carries a citation to the filing it came from and, where possible, a link to the passage itself.

02How to read a blank

"Not applicable" means the item does not exist for that executive or company, for example a pension value for an executive who is not in a pension plan. "Not disclosed in proxy" means the item exists but the company did not report a value. The difference matters when comparing pay practices across companies.

03How the data is checked

A set of companies has been verified by hand, figure by figure, against their filings. Across the whole database, automated checks look for figures that contradict the filing text or each other, and anything flagged is reviewed and corrected.

04What is covered

The annual proxy statement plus the other filings that inform it during the year: insider transaction reports, current reports on executive changes and shareholder votes, periodic reports, ownership filings, and merger proxies. Coverage grows with each proxy season. Companies that have been acquired or gone private stay in the record.

05Reporting a correction

If a figure looks wrong, report it from the figure itself. Reports are checked by hand against the filing, and confirmed errors are corrected within 5 business days.

Questions about this methodology? Contact support@proxima.works.