{
  "docId": "019dd923-5e88-73ef-bd5b-a7266a4732da",
  "docSlug": "d08f9eedd01ec5ff",
  "documentTitle": "Barclays Q1 2025 Review of Shareholder Activism 15 04 2025",
  "authorId": "Barclays",
  "authorName": "Barclays",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.294,
  "pageNumber": 19,
  "pageCount": 23,
  "prevPage": 18,
  "nextPage": 20,
  "slideType": "data_table",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 26,
  "notes": "The slide uses a combination of bar charts for trend analysis and a detailed table for specific 2025 settlement data.",
  "elementsJson": [
    "bar_chart_vertical",
    "comparison_table",
    "headline_text"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5b-a7266a4732da/19",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5b-a7266a4732da",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5b-a7266a4732da.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5b-a7266a4732da#slide-19",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Number of settlements up 32% year-over-year",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-1040-743d-aac5-f919f4da1e82",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.42,
        "x": 0.06,
        "y": 0.17
      },
      "kind": "chart",
      "text": "Number of Settlements",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6a284842-2191-4294-8b66-451b2cbc4ba4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.42,
        "x": 0.06,
        "y": 0.49
      },
      "kind": "chart",
      "text": "Average Seats Won Per Settlement",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1bb68411-5101-4b02-bae3-8ebd01136f71",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.88,
        "x": 0.06,
        "y": 0.86
      },
      "kind": "disclaimer",
      "text": "Source: Bloomberg, FactSet, Diligent Market Intelligence, 13D Monitor, press reports and publicly available data and sources. Market data as of 3/31/2025.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "06ddd48b-e0b9-4bce-b887-c143e8da8a9c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Number of settlements: 32%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-1040-743d-aac5-fee065b9355d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.43,
        "x": 0.51,
        "y": 0.17
      },
      "kind": "table",
      "text": "Notable Settlements, 2025 YTD",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6c4ade5d-724e-4108-9cc7-e55bdec24cbe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.35,
        "x": 0.06,
        "y": 0.13
      },
      "kind": "title",
      "text": "Number of settlements up 32% year-over-year",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc0d10eb-f5af-4712-8d13-787b30bf65b5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.35,
        "x": 0.06,
        "y": 0.09
      },
      "kind": "title",
      "text": "Global Board Seat Settlements",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7b19a84f-75c6-40cb-838a-7ec67268b0f9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Action Titles",
      "slug": "action-titles",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019dd95a-18fa-708b-8056-4c7276befdcd",
      "evidence": "Title and callout both state 'Number of settlements up 32% YoY'.",
      "confidence": 85
    },
    {
      "name": "Contrast Principle",
      "slug": "contrast-principle",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019dd95a-18fa-708b-8056-52ec66038bb6",
      "evidence": "Year-over-year delta highlighted on settlement volumes.",
      "confidence": 70
    },
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "be5d0a27-4923-40bd-bcfe-730a4a288dd7",
      "evidence": "table/data: Notable Settlements, 2025 YTD",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 19,
      "from": 2,
      "beatId": "019dd95a-07a6-74c7-9029-4f6fab666674",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Facts (What)",
      "beatSlug": "triple-take-the-facts-what",
      "evidence": "Observations p2, activity drilldown p3-7, players p8-10, regional p11-14, demands p15-16, outcomes p17-19.",
      "position": 1,
      "confidence": 85,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    },
    {
      "to": 19,
      "from": 15,
      "beatId": "019dd95a-07a6-74c7-9029-66423f4727f5",
      "arcName": "The Onion",
      "arcSlug": "onion",
      "beatName": "Core Insight",
      "beatSlug": "onion-core-insight",
      "evidence": "Demand mix shift to Board change; 51 seats won; settlements +32%.",
      "position": 4,
      "confidence": 55,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 19,
      "from": 17,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "019dd95a-08f7-737a-a003-ca3aecfd1487",
      "evidence": "51 board seats +34% (p17), 13 proxy fights vs 10 (p18), settlements +32% (p19).",
      "position": 6,
      "objective": "Stack outcome metrics to show activists are winning",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 80,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}