Signal Proxy Intelligence
Independent proxy intelligence before the vote.
When the public record raises a question, Signal follows it. Every ballot item. Every recommendation. No issuer revenue. Fully accountable.
48-hour publication clock
Item-by-item positions
Divergence mapped vs incumbents
The 48-hour clock
From EDGAR acceptance to a position on the record.
Every definitive proxy statement runs the same path. The clock starts when EDGAR accepts the filing and stops when each covered item carries a published position.
01 / FILING
DEF 14A accepted
EDGAR acceptance starts the clock. The filing enters the queue automatically.
02 / DECOMPOSE
Ballot broken out
Each proposal becomes an atomic item: directors, pay, plans, auditor, shareholder proposals.
03 / ANALYZE
Item reasoned
Each item is assessed against the public record and Signal’s published standards.
04 / PUBLISH
Position on record
FOR, AGAINST or WITHHOLD publishes with reasoning, sources and a fixed timestamp.
05 / RECONCILE
Outcome closed
When the company reports the vote on Form 8-K, the call is reconciled in the Ledger.
Open ballot
The product is the ballot, read line by line.
Each covered item carries one position and the peer view alongside it, so the divergence is visible at a glance rather than buried in a report.
- FOR, AGAINST or WITHHOLD on every covered ballot item
- Reasoning tied to the public record
- Peer-advisory position shown for contrast
- Concern banding: Routine, Elevated, Contested
Latest recommendations
Recent reports, published before the meeting.
Each report covers one issuer’s ballot in full. The divergence count is how many items Signal called differently from the incumbent advisory consensus.
IMMUNOVANT, INC.
CO-DIAGNOSTICS, INC.
StepStone Group Inc.
AB CARVAL CREDIT OPPORTUNITIES FUND
Eagle Nuclear Energy Corp.
Sunbelt Rentals Holdings, Inc.
RF Industries, Ltd.
Lionsgate Studios Corp.
PodcastOne, Inc.
Nano Nuclear Energy Inc.
KESTRA MEDICAL TECHNOLOGIES, LTD.
Grace Therapeutics, Inc.
Coverage
What SPI reads on every ballot.
SPI takes a position on each routinely contested category of proposal. Routine items are confirmed, not skipped, so the record is complete.
DIRECTORS
Board elections
Independence, tenure, attendance, committee load, overboarding and refreshment signals.
PAY
Say-on-pay
Pay-for-performance alignment, responsiveness to prior votes, and structure of incentive design.
PLANS
Equity & incentive plans
Dilution, share-request sizing, plan features and repricing provisions.
AUDIT
Auditor ratification
Tenure, fees, non-audit services and independence considerations.
RIGHTS
Shareholder proposals
Special-meeting rights, written consent, proxy access and governance bylaws.
STRUCTURE
Governance & control
Charter and bylaw amendments, classified boards, dual-class structures and control provisions.
Divergence vs incumbents
Where Signal departs from the duopoly.
The incumbent advisers are oriented toward institutional voting rails. Signal reads from the common shareholder’s seat, which is where the positions diverge. Sample items shown for contrast.
The Signal Ledger
Anyone can explain the result after the meeting. Signal publishes before it.
Every SPI recommendation is fingerprinted at publication. Corrections remain visible. Misses remain visible. Each call is reconciled against the company’s reported vote under published rules.
48h
Publication window
The clock starts when EDGAR accepts the filing.
100%
Timestamped
Every covered position enters the permanent record.
SHA
Fingerprint
Each publication receives a tamper-evident identifier.
8-K
Reconciliation
Reported vote outcomes close the loop.
Named analysis
Positions carry a byline and a standard.
Every report is published under a named analyst against a versioned methodology. Readers can see who reached the view, on what record, and what would change it.
HS
Hayden Smith
Connect
Work with Signal, or follow the record.
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