Vishay Intertechnology (NYSE: VSH) expands share plan and announces $0.10 dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Vishay Intertechnology, Inc. reported results of its annual stockholder meeting and a new cash dividend. Stockholders approved Amendment No. 1 to the 2023 Long-Term Incentive Plan, doubling the share pool from approximately 6.0 million to approximately 12.0 million shares and extending the plan’s term by about three years.
They also elected four directors to serve until the 2029 annual meeting, ratified Deloitte & Touche LLP as independent registered public accounting firm for 2026, and approved an advisory vote on executive compensation. Separately, the board declared a quarterly dividend of $0.10 per share on common and Class B stock, payable June 29, 2026 to holders of record on June 18, 2026.
Positive
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Negative
- None.
8-K Event Classification
4 items: 5.02, 5.07, 8.01, 9.01
4 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
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 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Plan share increase: 6.0 million shares
Total plan pool: 12.0 million shares
Plan term extension: Approximately 3 years
+5 more
8 metrics
Plan share increase
6.0 million shares
Additional shares available under 2023 Long-Term Incentive Plan
Total plan pool
12.0 million shares
Approximate shares available under 2023 Long-Term Incentive Plan after amendment
Plan term extension
Approximately 3 years
Extended to tenth anniversary of board amendment approval
Quarterly dividend
$0.10 per share
Cash dividend on common and Class B stock
Dividend payment date
June 29, 2026
Dividend payable date
Dividend record date
June 18, 2026
Stockholders of record date for dividend
Auditor ratification votes for
223,443,272 votes
Total voting power in favor of Deloitte & Touche LLP
Say-on-pay votes for
214,362,529 votes
Total voting power approving executive compensation
Key Terms
Long-Term Incentive Plan, broker non-votes, independent registered public accounting firm, advisory vote on executive compensation, +1 more
5 terms
Long-Term Incentive Plan financial
"Vishay stockholders voted to approve Amendment No. 1 to the Vishay Intertechnology, Inc. 2023 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
broker non-votes financial
"Total voting power 214,362,529 for, 2,583,096 against, 511,254 abstain, 6,793,734 Broker Non-Votes"
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 financial
"ratified the appointment of Deloitte & Touche LLP as Vishay's independent registered public accounting firm for the year ending December 31, 2026"
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 financial
"voted on an advisory basis to approve Vishay'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.
forward-looking statements regulatory
"Statements contained herein that relate to the Company's future cash dividends ... are forward-looking statements within the safe harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What did Vishay Intertechnology (VSH) stockholders approve at the 2026 annual meeting?
Vishay stockholders approved Amendment No. 1 to the 2023 Long-Term Incentive Plan, elected four directors to serve until the 2029 annual meeting, ratified Deloitte & Touche LLP as 2026 auditor, and supported an advisory vote approving the company’s executive compensation program.
How did Vishay (VSH) change its 2023 Long-Term Incentive Plan?
The amendment increases shares available under the 2023 Long-Term Incentive Plan by 6.0 million, from about 6.0 million to about 12.0 million shares, extends the plan’s term by roughly three years, and clarifies that automatic option exercise applies only to vested and exercisable stock options.
What dividend did Vishay Intertechnology (VSH) declare in May 2026?
Vishay’s board declared a quarterly cash dividend of $0.10 per share on its common and Class B common stock, payable June 29, 2026 to stockholders of record at the close of business on June 18, 2026, with future dividends remaining subject to board approval.
Were Vishay’s executive pay practices approved by stockholders in 2026?
Yes. Stockholders cast an advisory vote approving Vishay’s executive compensation, with total voting power of 214,362,529 votes for, 2,583,096 against, 511,254 abstentions, and 6,793,734 broker non-votes recorded on the say-on-pay proposal at the 2026 annual meeting.
Who will audit Vishay Intertechnology’s (VSH) 2026 financial statements?
Stockholders ratified the appointment of Deloitte & Touche LLP as Vishay’s independent registered public accounting firm for the year ending December 31, 2026, with total voting power of 223,443,272 votes for, 364,017 against, and 443,324 abstentions on the ratification proposal.