0001437749-26-017386
SEC filingCohu, Inc. stockholders approved director elections, equity plans, and an increase in authorized common shares to 150 million at the 2026 Annual Meeting, with Board adopting Amended Bylaws including exclusive forum provisions.
The 2026 Annual Meeting saw overwhelming stockholder support for all proposals, with particularly strong approval for increasing authorized common stock to 150 million shares, providing greater flexibility for future equity issuances such as employee incentives or potential capital raises. Director elections for Class 1 seats demonstrated solid backing for the Board's nominees, maintaining continuity with continuing directors serving through 2027 and 2028. Equity incentive and stock purchase plan approvals enable ongoing talent retention and alignment with shareholder interests. The Amended Bylaws' exclusive forum provision for Delaware Court of Chancery aligns with standard practices among Delaware corporations, aiming to streamline litigation, reduce multi-forum risks, and promote efficient application of Delaware law, while specifying federal courts for Securities Act claims.