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Get filing alertsSiTime shareholders approve director slate, executive pay, and auditor at annual meeting
Filed May 29, 2026 · Period ending May 29, 2026 · ~1 min read
Key Changes
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Three Class I directors elected to serve until 2029: Torsten Kreindl, Ganesh Moorthy, and Akira Takata, all receiving over 22 million votes in favor with no contested outcomes.
Item 5.07 verify on EDGAR → -
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Executive compensation approved on advisory basis with 82% support (19.5M for vs 4.2M against), indicating general shareholder acceptance of pay practices.
Item 5.07 verify on EDGAR → -
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Deloitte & Touche ratified as independent auditor for fiscal 2026 with 99.9% approval, maintaining continuity in external audit relationship.
Item 5.07 verify on EDGAR →
Summary
SiTime held its routine 2026 annual shareholder meeting on May 29, with all management proposals passing comfortably. The company refreshed one-third of its board through the election of three Class I directors to three-year terms, a standard practice under its classified board structure. Executive compensation received solid but not overwhelming support at 82%, which is within normal ranges and suggests no major shareholder concerns about pay levels or structure.
For retail investors, this filing represents standard corporate housekeeping with no material business developments or governance controversies. The strong approval of the auditor and director slate indicates stable shareholder relations. Watch for the company's next quarterly earnings report for actual business performance updates, as annual meeting results rarely impact stock fundamentals.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
SiTime held its 2026 annual meeting, electing three Class I directors, approving executive compensation, and ratifying Deloitte as auditor.
Show 1 minor / wording change
Added in current filing · verify on EDGAR → · paraphrased
Proposal 1: stockholders approved the election of the following three Class I nominees to serve as directors until the 2029 annual meeting of stockholders or until their successors are duly elected and qualified: For Withheld Broker Non-Votes Torsten G. Kreindl 23,164,748 610,956 1,481,336 Ganesh Moorthy 23,341,420 434,284 1,481,336 Akira Takata 22,220,842 1,554,862 1,481,336
Stockholders elected three Class I directors (Kreindl, Moorthy, and Takata) to serve three-year terms until 2029. All three nominees received majority support with over 22 million votes in favor each. This is routine board refreshment with no unexpected outcomes.
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Figures/quotes linked to EDGAR · Narrative written by AI · May 29, 2026 · How we verify