Allegro MicroSystems (NASDAQ: ALGM) investors approve board, pay and auditor
Rhea-AI Filing Summary
Allegro MicroSystems, Inc. held its Annual Meeting of Shareholders on August 5, 2026, where three proposals were presented. Shareholders elected Class III directors Jennie M. Raubacher, Brian C. White and Robert J. Willett to serve until the 2029 Annual Meeting of Shareholders.
Raubacher received 157,676,117 votes for and 18,848,566 withheld, White received 175,980,691 votes for and 543,992 withheld, and Willett received 175,963,408 votes for and 561,275 withheld; each had 4,880,554 broker non-votes. Shareholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending March 26, 2027 with 180,833,468 votes for, and approved, on an advisory basis, executive compensation with 162,097,595 votes for.
Positive
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Negative
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8-K Event Classification
2 items: 5.07, 9.01
2 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Annual Meeting date: August 5, 2026
Directors elected: 3 directors
Votes for Brian C. White: 175,980,691
+5 more
8 metrics
Annual Meeting date
August 5, 2026
Date of Annual Meeting of Shareholders
Directors elected
3 directors
Class III Directors elected to serve until 2029 Annual Meeting
Votes for Brian C. White
175,980,691
Election as Class III Director
Votes for Robert J. Willett
175,963,408
Election as Class III Director
Votes for Jennie M. Raubacher
157,676,117
Election as Class III Director
Votes for auditor ratification
180,833,468
Ratification of PricewaterhouseCoopers LLP for FY ending March 26, 2027
Votes for say-on-pay
162,097,595
Advisory vote approving executive compensation
Fiscal year end
March 26, 2027
Fiscal year covered by auditor ratification
Key Terms
Broker Non-Votes, independent registered public accounting firm, advisory vote on executive compensation, Inline XBRL
4 terms
Broker Non-Votes regulatory
"Votes For, Votes Withheld, Broker Non-Votes Jennie M. Raubacher"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm regulatory
"ratified the appointment of PricewaterhouseCoopers, LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory vote on executive compensation regulatory
"approved, on an advisory basis, the Company’s executive compensation"
A non-binding shareholder vote allowing investors to approve or reject the pay packages and compensation policies for a company’s top executives. It matters because the outcome tells the board whether owners are satisfied with executive pay and can prompt changes in policy or leadership much like a customer survey prompts a company to adjust its product — signaled approval can support management credibility, while rejection may increase scrutiny and affect investor confidence.
Inline XBRL technical
"Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Which directors were elected to Allegro MicroSystems (ALGM)’s board and for what term?
Shareholders elected Jennie M. Raubacher, Brian C. White and Robert J. Willett as Class III Directors. They will serve until the 2029 Annual Meeting of Shareholders and until each director’s successor is elected and qualified, in line with the company’s classified board structure.
When does Allegro MicroSystems (ALGM)’s current fiscal year end according to the auditor ratification proposal?
The ratified engagement of PricewaterhouseCoopers LLP covers the fiscal year ending March 26, 2027. This date specifies the company’s fiscal year-end for which the firm will serve as Allegro MicroSystems’ independent registered public accounting firm, subject to the terms of that appointment.