Synaptics shareholders approved adding 1 million shares to the company’s 2019 equity and incentive compensation plan, expanding the pool available for stock-based awards. At the October 27 annual meeting, they also elected eight directors, ratified KPMG as auditor and approved executive compensation in a non-binding vote.
- Equity plan expanded: The amended plan authorizes 1 million additional Synaptics common shares for issuance. Named executive officers are among those eligible to participate. The board approved the amendment in July, subject to shareholder approval, and it took effect October 27.
- Directors elected: All eight nominees were elected to serve until the 2027 annual meeting: Nelson C. Chan, Keith B. Geeslin, Susan J. Hardman, Patricia Kummrow, Vivie Lee, Venkatesh Nathamuni, Rahul Patel and James L. Whims. Kummrow drew the most votes against her, with 2,379,365; the other nominees received between 65,103 and 409,392 votes against.
- Auditor ratified: Shareholders approved KPMG LLP’s appointment as the company’s independent auditor for the fiscal year ending June 27, 2026. The vote was 35,640,914 for and 428,874 against.
- Executive pay approved: Shareholders supported the company’s fiscal 2026 named executive compensation in an advisory vote, with 29,665,399 votes for and 804,283 against.
- Participation: About 91% of the 39.7 million shares eligible to vote were represented at the meeting.
The additional authorization enlarges Synaptics’ capacity to issue equity awards; the announcement does not specify particular grants or how the new shares will be used.