Ambarella shareholders approve amended 2021 equity plan at June 26 annual meeting
At its June 26, 2026 annual meeting, Ambarella shareholders approved an amended and restated 2021 Equity Incentive Plan, along with the election of three Class II directors and the ratification of PricewaterhouseCoopers LLP as auditor for the fiscal year ending January 31, 2027. The plan vote was closer than the other items, with 22,122,462 shares voting for and 10,481,483 against, so the change to equity awards drew notable opposition.
Key points
- Plan approval: 22,122,462 for, 10,481,483 against, 53,190 abstentions, with 5,199,177 broker non-votes
- Board elections: Gregory M. Bryant, D. Jeffrey Richardson and Elizabeth M. Schwarting elected as Class II directors, serving until the 2029 annual meeting
- Auditor: PricewaterhouseCoopers LLP ratified for fiscal year ending January 31, 2027 (37,426,967 for, 407,966 against)
- Shares represented: 37,856,312 of 43,861,484 outstanding shares, about 86.31%, as of the May 5, 2026 record date
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.