Microchip Technology Incorporated filed an 8-K on August 19, 2026, reporting the results of its annual stockholder meeting held on August 18, 2026, including director elections, an equity plan amendment, auditor ratification, and an advisory vote on executive compensation.

Key Highlights

  • Seven directors elected: Ellen L. Barker, Rick Cassidy, Matthew W. Chapman, Mitch Little, Victor Peng, Karen M. Rapp, and Steve Sanghi were each elected to serve until the next annual meeting.
  • Equity plan expanded: Stockholders approved an amendment and restatement of the 2004 Equity Incentive Plan, increasing authorized shares by 12,000,000.
  • Auditor ratified: Ernst & Young LLP was ratified as independent registered public accounting firm for the fiscal year ending March 31, 2027, receiving 448,748,959 votes in favor.
  • Executive pay approved: The advisory (non-binding) proposal on named executive compensation received 366,406,303 votes in favor and 77,323,079 votes against.
  • Equity plan vote margins: The plan amendment passed with 430,844,377 votes for and 13,783,474 votes against.

Microchip Technology Stockholders Vote on Directors, Equity Plan, and Auditor at 2026 Annual Meeting

According to the filing, Microchip Technology Incorporated (NASDAQ:MCHP) held its annual meeting of stockholders on August 18, 2026. All seven director nominees were elected to serve on the Board until the next annual meeting or until their successors are duly elected and qualified. Among the nominees, Mitch Little received the highest votes in favor at 439,287,679, while Ellen L. Barker received the lowest at 386,259,649. Broker non-votes were reported at 36,264,971 for each director election.

The filing discloses that stockholders approved an amendment and restatement of the company's 2004 Equity Incentive Plan, authorizing an additional 12,000,000 shares of common stock for issuance under the plan. The company noted that its Board of Directors had previously approved the amendment, subject to stockholder approval. The plan, as amended and restated as of August 18, 2026, is filed as Exhibit 10.1 to the report.

The ratification of Ernst & Young LLP as Microchip's independent registered public accounting firm for the fiscal year ending March 31, 2027, was approved with 448,748,959 votes for, 32,630,529 against, and 373,031 abstentions, with no broker non-votes recorded on that proposal. The advisory vote on named executive compensation was also approved, with 366,406,303 votes for and 77,323,079 votes against. The filing was signed by J. Eric Bjornholt, Senior Corporate Vice President and Chief Financial Officer.

What Was Disclosed

Microchip Technology's 8-K covers its August 18, 2026 annual meeting, reporting the election of seven directors, stockholder approval of a 12,000,000-share increase to its 2004 Equity Incentive Plan, ratification of Ernst & Young LLP, and an advisory vote approving executive compensation.