8-K
filed May 23, 2023, 7:59 PM ET
ticker VSH
CIK 0000103730
other material
confidence high
sentiment neutral
materiality 0.55
Vishay shareholders approve 2023 equity plan; charter amendment fails
VISHAY INTERTECHNOLOGY INC
- 2023 Long-Term Incentive Plan approved, authorizing up to 6M shares for awards; plan expires 2033.
- Quarterly dividend of $0.10 per share declared, payable June 29, 2023 to holders of record June 16, 2023.
- Proposal to amend certificate of incorporation failed; common stock vote was 42.4M for vs 62.3M against.
- Director election: Dr. Abraham Ludomirski re-elected but received 58.5M withheld votes (26% of total voting power).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VISHAY INTERTECHNOLOGY INC shareholders approved Ratification of Appointment of Independent Registered Accounting Firm.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
Ratification of Appointment of Independent Registered Accounting Firm For Against Abstain Broker Non-Votes Common stock 109,604,704 5,074,286 72,189 - Class B common stock 11,957,538 - - - Total voting power 229,180,084 5,074,286 72,189 -
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VISHAY INTERTECHNOLOGY INC shareholders approved Approval of the 2023 Long-Term Incentive Plan.
- Proposal
- equity plan
- Outcome
- passed
Exact text from the filing
Approval of the 2023 Long-Term Incentive Plan For Against Abstain Broker Non-Votes Common stock 97,086,577 7,814,700 112,560 9,737,342 Class B common stock 11,956,788 - - 750 Total voting power 216,654,457 7,814,700 112,560 9,744,842
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VISHAY INTERTECHNOLOGY INC shareholders approved Election of Directors to Hold Office until 2026.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Election of Directors to Hold Office until 2026 For Withheld Broker Non-Votes Michael J. Cody Common stock 70,709,098 34,304,739 9,737,342 Class B common stock 11,938,767 18,021 750 Total voting power 190,096,768 34,484,949 9,744,842 Dr. Abraham Ludomirski Common Stock 46,698,804 58,315,033 9,737,342 Class B common stock 11,938,767 18,021 750 Total voting power 166,086,474 58,495,243 9,744,842 Raanan Zilberman Common stock 66,532,073 38,481,764 9,737,342 Class B common stock 11,938,767 18,021 750 Total voting power 185,919,743 38,661,974 9,744,842
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VISHAY INTERTECHNOLOGY INC shareholders approved Advisory Vote on Executive Compensation.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
Advisory Vote on Executive Compensation For Against Abstain Broker Non-Votes Common stock 55,826,990 48,957,024 229,823 9,737,342 Class B common stock 11,938,767 18,021 - 750 Total voting power 175,214,660 49,137,234 229,823 9,744,842
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VISHAY INTERTECHNOLOGY INC shareholders approved Election of Director to Hold Office until 2025.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Election of Director to Hold Office until 2025 For Withheld Broker Non-Votes Joel Smejkal Common stock 99,131,593 5,882,244 9,737,342 Class B common stock 11,938,767 18,021 750 Total voting power 218,519,263 6,062,454 9,744,842
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
VISHAY INTERTECHNOLOGY INC shareholders rejected Approval of an Amendment to the Company's Corrected Amended and Restated Certificate of Incorporation.
- Proposal
- charter amendment
- Outcome
- failed
Exact text from the filing
Approval of an Amendment to the Company's Corrected Amended and Restated Certificate of Incorporation For Against Abstain Broker Non-Votes Common stock 42,394,302 62,300,911 318,624 9,737,342 Class B common stock 11,938,767 18,021 - 750 Total voting power 161,781,972 62,481,121 318,624 9,744,842
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.