Cirrus Logic Reports Annual Meeting Vote Results — July 31, 2026
$CRUS · CIRRUS LOGIC, INC.Research Summary
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Cirrus Logic Reports Annual Meeting Vote Results — July 31, 2026
What Happened
Cirrus Logic, Inc. (CRUS) filed an 8-K on August 3, 2026 reporting results from its Annual Meeting of Stockholders held July 31, 2026 (proxy dated June 3, 2026). Stockholders voted on election of directors, ratification of Ernst & Young LLP as independent auditors, an advisory "say-on-pay" vote, and approval of an amendment and restatement of the company’s 2018 Long Term Incentive Plan.
Key Details
- Board elections (votes For / Withheld; broker non-votes: 4,181,515):
- Alexander M. Davern: 40,274,788 For / 1,495,746 Withheld
- John M. Forsyth: 40,477,085 For / 1,293,449 Withheld
- Raghib Hussain: 41,532,642 For / 237,892 Withheld
- Duy-Loan Le: 41,115,368 For / 655,166 Withheld
- Catherine P. Lego: 35,974,970 For / 5,795,564 Withheld
- William D. Mosley: 40,499,565 For / 1,270,969 Withheld
- David J. Tupman: 39,408,626 For / 2,361,908 Withheld
- Auditor ratification (Proposal 2): Ernst & Young LLP ratified — 42,641,138 For; 3,275,224 Against; 35,687 Abstained.
- Advisory "say-on-pay" (Proposal 3): Approved — 39,913,395 For; 1,802,417 Against; 54,722 Abstained (broker non-votes: 4,181,515).
- Amendment & restatement of 2018 Long Term Incentive Plan (Proposal 4): Approved — 39,021,573 For; 2,697,402 Against; 51,559 Abstained (broker non-votes: 4,181,515).
- Filing signed by Gregory S. Thomas, Executive VP & General Counsel, dated August 3, 2026.
Why It Matters
These results confirm the company’s board slate and corporate governance measures were approved by a majority of voting shares. Ratification of EY maintains the company’s external audit relationship, the approved "say-on-pay" indicates shareholder support for executive compensation, and the approved amendment and restatement of the Long Term Incentive Plan clears the way for the company’s updated equity compensation framework. Investors should note vote margins and the presence of substantial broker non-votes (4,181,515) when assessing shareholder sentiment.