Short answer
POWER INTEGRATIONS INC (POWI) filed an 8-K current report with the SEC on June 4, 2026 reporting Item 5.07 (Submission of Matters to a Vote of Security Holders). Seven directors elected through 2027; Balakrishnan Iyer drew 6,049,337 withheld votes, the highest dissent.
POWER INTEGRATIONS INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.07 · Submission of Matters to a Vote of Security Holders
- Seven directors elected through 2027; Balakrishnan Iyer drew 6,049,337 withheld votes, the highest dissent
- Executive compensation approved 47,396,523 to 3,775,693, supporting current pay practices on an advisory basis
- Deloitte & Touche ratified for fiscal 2026 by 52,771,119 to 937,542, preserving auditor continuity
- Incentive Award Plan expansion approved 42,512,170 to 8,641,807, increasing potential equity dilution
- Chairman-CEO separation proposal rejected 45,300,365 to 5,778,974, retaining combined leadership structure
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