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Kulicke & Soffa (KLIC) investors back directors, PwC and pay plan

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(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Kulicke and Soffa Industries, Inc. reported the results of its 2026 Annual Meeting of Shareholders. Shareholders elected Peter T. Kong and Jon A. Olson as directors to serve until the 2027 Annual Meeting. Kong received 39,801,565 votes for and 3,915,643 withheld, while Olson received 42,655,094 votes for and 1,062,114 withheld, with 2,845,447 broker non-votes for each.

Shareholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending October 3, 2026, with 46,141,629 votes for, 319,372 against, and 101,654 abstentions. In addition, shareholders approved on a non-binding basis the compensation of the named executive officers, with 41,099,018 votes for, 2,547,183 against, 71,007 abstentions, and 2,845,447 broker non-votes.

Positive

  • None.

Negative

  • None.
KULICKE & SOFFA INDUSTRIES INC0000056978falseSingapore00000569782026-03-042026-03-040000056978dei:OtherAddressMember2026-03-042026-03-04

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 
____________________________________________________
 
FORM 8-K  
____________________________________________________
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported): March 4, 2026
____________________________________________________
KULICKE AND SOFFA INDUSTRIES, INC.
(Exact name of registrant as specified in its charter) 
 ____________________________________________________ 
Pennsylvania 000-00121 23-1498399
(State or Other Jurisdiction
of Incorporation)
 (Commission File Number) (I.R.S. Employer
Identification No.)

 
 23A Serangoon North Avenue 5, #01-01, Singapore 554369
1005 Virginia Dr., Fort Washington, PA 19034
(Address of Principal Executive Offices and Zip Code)

Registrant’s telephone number, including area code: (215) 784-6000  
N/A
(Former Name or Former Address, if Changed Since Last Report)
____________________________________________________
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, Without Par ValueKLICThe Nasdaq Global Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.07     Submission of Matters to a Vote of Security Holders
Below is a brief description of each matter submitted to a vote at the 2026 Annual Meeting, as well as the number of votes cast for and against and the number of abstentions and broker non-votes with respect to each matter as applicable.
The Company’s shareholders elected Mr. Peter T. Kong and Mr. Jon A. Olson as directors to serve until the 2027 Annual Meeting of Shareholders and until such person’s successor is duly elected and qualified. The votes were cast as follows:

ForWithholdBroker Non-Votes
Mr. Peter T. Kong
39,801,5653,915,6432,845,447
Mr. Jon A. Olson42,655,0941,062,1142,845,447

The Company’s shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 3, 2026. The votes were cast as follows:
ForAgainstAbstain
46,141,629319,372101,654

The Company’s shareholders approved, on a non-binding basis, the overall compensation of the Company’s named executive officers as described in the Compensation Discussion & Analysis and the accompanying tabular and narrative disclosure included in the Company’s Proxy Statement for the 2026 Annual Meeting. The votes were cast as follows:
ForAgainstAbstainBroker Non-Votes
41,099,0182,547,18371,0072,845,447









SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
KULICKE AND SOFFA INDUSTRIES, INC.
    
Date: March 5, 2026By:/s/ LESTER WONG 
 Name:Lester Wong 
 Title:Executive Vice President, Interim Chief Executive Officer, and Chief Financial Officer    
(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)
   


FAQ

What director elections did KULICKE AND SOFFA (KLIC) shareholders approve at the 2026 Annual Meeting?

Shareholders elected Peter T. Kong and Jon A. Olson as directors to serve until the 2027 Annual Meeting. Kong received 39,801,565 votes for and 3,915,643 withheld, while Olson received 42,655,094 votes for and 1,062,114 withheld, plus 2,845,447 broker non-votes each.

How did KULICKE AND SOFFA (KLIC) shareholders vote on the auditor ratification for fiscal 2026?

Shareholders ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending October 3, 2026. The vote totals were 46,141,629 for, 319,372 against, and 101,654 abstentions, indicating strong overall support for the existing audit relationship.

Did KULICKE AND SOFFA (KLIC) shareholders approve executive compensation at the 2026 meeting?

Yes, shareholders approved on a non-binding basis the compensation of the company’s named executive officers. The advisory vote received 41,099,018 votes for, 2,547,183 against, and 71,007 abstentions, with 2,845,447 broker non-votes recorded in the final tally.

What was the level of broker non-votes in KULICKE AND SOFFA’s (KLIC) 2026 director elections?

Both director elections recorded 2,845,447 broker non-votes. Broker non-votes arise when brokers lack discretionary authority to vote on particular matters, which can affect total votes counted for proposals but do not count as votes for or against candidates.

What corporate governance matters were addressed at KULICKE AND SOFFA’s (KLIC) 2026 Annual Meeting?

Shareholders handled three key items: electing two directors, ratifying PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending October 3, 2026, and approving on a non-binding basis the overall compensation of the company’s named executive officers.

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