Sanmina shareholders approve 2019 plan top-up; independent chair proposal fails
At its March 9, 2026 annual meeting, Sanmina shareholders elected eight directors, ratified PricewaterhouseCoopers LLP as auditor for fiscal 2026, and approved an additional 1,200,000 shares for the 2019 Equity Incentive Plan. A stockholder proposal requiring separate Chairman and CEO roles was defeated, and shareholders also approved the advisory say-on-pay vote on executive compensation.
Key points
- Shareholders approved reserving 1,200,000 more shares of Common Stock under the 2019 Plan, which expires December 3, 2028.
- The independent Board Chairman proposal received 5,761,319 For votes and 42,678,217 Against votes.
- Advisory approval of named executive officer compensation received 39,455,563 For votes and 9,020,980 Against votes.
- PricewaterhouseCoopers LLP was ratified as auditor for the fiscal year ending October 3, 2026, with 50,528,448 For votes.
The filing
Written by AI on Nov 8, 2026, 12:57 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 March 12, 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.