---
schema_version: "secwatch.filing_event.v1"
accession: "0001321732-25-000093"
form_type: "8-K"
ticker: "PEN"
cik: "0001321732"
company_name: "Penumbra Inc"
filed_at: "2025-05-30T23:59:59+00:00"
generated_at: "2026-05-20T04:07:00.965757+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Penumbra shareholders approve board declassification and supermajority elimination

## Summary
- Board declassification approved by 31,773,328 votes; phase-in over 3 years, fully declassified by 2028.
- Supermajority voting requirement eliminated by 31,755,837 votes; replaced with majority standard.
- Class I directors Janet Leeds and Thomas Wilder elected with 29.9M and 27.2M votes for, respectively.
- Advisory say-on-pay approved with 31.1M votes for (97.7% of votes cast).

## SEC filing metadata
- accession: 0001321732-25-000093
- form_type: 8-K
- ticker: PEN
- cik: 0001321732
- company_name: Penumbra Inc
- filed_at: 2025-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321732/000132173225000093/0001321732-25-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321732/000132173225000093/pen-20250528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321732-25-000093
- JSON: https://secwatch.observer/filing/0001321732-25-000093.json
- Plain text: https://secwatch.observer/filing/0001321732-25-000093.txt

## Key facts
- Governance Changes
  Penumbra Inc: Third Amended and Restated Bylaws adopted to phase in declassification of the Board and to eliminate supermajority voting requirements (effective 2025-05-28).
  - Change: bylaw amendment
  - Effective: 2025-05-28
  source text: on May 28, 2025, following stockholder approval of the Amended and Restated Charter, as described in Item 5.07 below, an amendment and restatement of the Company’s Second Amended and Restated Bylaws became effective (the “Third Amended and Restated Bylaws”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321732/000132173225000093/0001321732-25-000093-index.htm
- Governance Changes
  Penumbra Inc: Amended and Restated Certificate of Incorporation filed to phase in declassification of the Board of Directors and to replace supermajority voting requirements with a majority voting standard (effective 2025-05-28).
  - Change: charter amendment
  - Effective: 2025-05-28
  source text: On May 28, 2025, Penumbra, Inc. (“Penumbra” or the “Company”) filed an Amended and Restated Certificate of Incorporation (the “Amended and Restated Charter”) with the Secretary of State of the State of Delaware, which became effective upon such filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321732/000132173225000093/0001321732-25-000093-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.