Research Reports

Key takeaways

All eight director nominees elected at 2026 Annual Meeting with strong support (For votes 21.3M-23.0M).

Advisory vote approved named executive officer compensation (For: 21.2M, Against: 1.8M).

Deloitte & Touche LLP ratified as independent auditors for fiscal year ending December 26, 2026 (For: 23.8M).

Board approved new RSU, PSU, and Littelfuse/IXYS RSU award agreements under long-term incentive plans.

Updated agreements treat death or disability as retirement for vesting purposes if retirement criteria met.

Exhibits 10.1, 10.2, 10.3 filed containing forms of the new Award Agreements.

Full analysis

The 2026 Annual Meeting results demonstrate strong shareholder alignment with the Board's nominees, all receiving majority support exceeding 90% For votes in most cases, signaling confidence in current governance. The advisory approval of executive compensation reflects endorsement of the pay structure amid updated equity incentive plans. Key change in the new Award Agreements—now classifying death or disability as qualifying for retirement treatment if age 55+ with 10 years service—enhances retention and executive benefits under the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan and LF/IXYS Plan. Vesting remains on a standard 3-year ratable schedule for RSUs, with PSUs tied to performance certification. Auditor ratification ensures continuity with Deloitte & Touche LLP for the fiscal year ending December 26, 2026.

LFUS · Littelfuse, Inc.

Summary

Key takeaways

Full analysis