Here are the DEF 14A proxy statements from Seneca Foods Corp 12 PFD (SENEM) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow SENEM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SENEM filings page.
Seneca Foods Corporation is asking shareholders to approve two charter amendments: a five-for-one forward stock split and removal of the authorized Preferred Stock Without Par Value. Both amendments must be approved for either to take effect. If approved, authorized Class A Common Stock would rise from 20,000,000 to 100,000,000 shares, and authorized Class B Common Stock from 10,000,000 to 50,000,000 shares. The proposal also proportionally increases authorized shares of specified preferred classes and reduces specified par values and preferred-stock per-share terms.
Each share of an included class held immediately before the split would become five shares; the company states that proportional ownership and voting power would remain unchanged. The split is not expected to affect consolidated results of operations, while net income per share and other per-share amounts would be proportionally reduced. Implementation requires filing the amendments after the November 4, 2026 special meeting, and the board may decide not to proceed before filing.
Seneca Foods Corporation has issued its 2026 proxy materials for the August 6 annual meeting, asking shareholders to elect three directors, approve executive pay, adopt a new equity plan, and ratify Deloitte & Touche as auditor. The proxy details a staggered nine-member board with seven independent directors and a separated Chair/CEO structure. It explains how shareholders can vote, broker voting rules, and quorum requirements. Executive pay is built around base salary, an annual bonus tied to Return on Invested Capital, and time-vested restricted stock. In fiscal 2026 the CEO earned $1.3 million, including a 50% of salary cash bonus after ROIC exceeded the top target. The company reports a CEO-to-median-employee pay ratio of 16:1 and emphasizes broad-based profit sharing and pension benefits. Shareholders are also asked to approve a new 2026 Equity Incentive Plan authorizing 120,000 restricted stock and restricted stock unit awards to key employees, replacing the 2007 plan.