other material
confidence high
sentiment neutral
materiality 0.25
Microchip shareholders approve 12M share increase to equity plan; all 7 directors elected
MICROCHIP TECHNOLOGY INC
- Stockholders approved amendment to 2004 Equity Incentive Plan, increasing authorized shares by 12,000,000 to 84,389,717 total.
- All seven director nominees elected: Barker, Cassidy, Chapman, Little, Peng, Rapp, Sanghi with votes for ranging from 386M to 439M.
- Advisory say-on-pay approved with 366.4M for, 77.3M against; Ernst & Young ratified as auditor for FY2027.
- Plan continues until August 24, 2031; no other material changes.