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Monolithic Power Systems logoMonolithic Power Systems MPWR

The company said at its June 13, 2024 annual meeting that it elected 3 Class II directors to three-year terms ending at the 2027 annual meeting of stockholders, or until their successors are duly elected. The nominees were Eugen Elmiger, Eileen Wynne and Jeff Zhou.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said at its June 13, 2024 annual meeting that it elected 3 Class II directors to three-year terms ending at the 2027 annual meeting of stockholders, or until their successors are duly elected. The nominees were Eugen Elmiger, Eileen Wynne and Jeff Zhou.

  2. The company reported the following votes for each director nominee: Eugen Elmiger received 34,362,647 votes for and 8,395,148 withheld; Eileen Wynne received 40,333,178 votes for and 2,424,617 withheld; and Jeff Zhou received 39,390,415 votes for and 3,367,380 withheld. Broker non-votes were 2,090,126 for each nominee.

  3. The company said stockholders approved the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2024, with 44,814,597 votes for and 18,945 against. The advisory vote on the 2023 compensation of named executive officers received 41,405,848 votes for and 1,080,326 against.

  4. The company said stockholders approved on an advisory basis the stockholder proposal to elect each director annually, with 35,522,316 votes for and 7,198,049 against. It also said it will pay a cash dividend of $1.25 per share for the Q2 to stockholders of record as of the close of business on June 28, 2024 on July 15, 2024.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

2024 Annual Meeting director election results

The company said at its June 13, 2024 annual meeting that it elected 3 Class II directors to three-year terms ending at the 2027 annual meeting of stockholders, or until their successors are duly elected. The nominees were Eugen Elmiger, Eileen Wynne and Jeff Zhou.

Source · Based on the filing body and exhibits

Director nominee votes for, withheld and broker non-votes

The company reported the following votes for each director nominee: Eugen Elmiger received 34,362,647 votes for and 8,395,148 withheld; Eileen Wynne received 40,333,178 votes for and 2,424,617 withheld; and Jeff Zhou received 39,390,415 votes for and 3,367,380 withheld. Broker non-votes were 2,090,126 for each nominee.

Source · Based on the filing body and exhibits

Accounting firm ratification and 2023 compensation advisory vote

The company said stockholders approved the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2024, with 44,814,597 votes for and 18,945 against. The advisory vote on the 2023 compensation of named executive officers received 41,405,848 votes for and 1,080,326 against.

Source · Based on the filing body and exhibits

Annual director election proposal vote and Q2 dividend

The company said stockholders approved on an advisory basis the stockholder proposal to elect each director annually, with 35,522,316 votes for and 7,198,049 against. It also said it will pay a cash dividend of $1.25 per share for the Q2 to stockholders of record as of the close of business on June 28, 2024 on July 15, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.