FormFactor (NASDAQ:FORM) held its 2026 annual meeting of stockholders online, with Chairperson of the Board Tom St. Dennis presiding over a brief session in which shareholders approved all matters presented for a vote, according to the meeting transcript.
St. Dennis called the meeting to order and said members of the board and management were present online. Representatives of KPMG, the company’s independent registered public accounting firm, also attended. Heather Obi served as Inspector of Election, and Broadridge Financial Solutions assisted with vote tabulation. Alan Chan, FormFactor’s Corporate Secretary, acted as Secretary of the meeting.
Directors Elected for One-Year Terms
Shareholders voted to elect seven directors to serve until the 2027 annual meeting. The nominees, recommended by the Governance and Nominating Committee and the Board of Directors, were Rebeca Obregon Jimenez, Sheri Rhodes, Michael Slessor, Thomas St. Dennis, Kelly Steven-Waiss, Jorge Titinger and Brian White.
Based on preliminary information from the tabulator and the Inspector of Election, each of the director nominees was approved for a one-year term. The results remain subject to the final count and certificate of tabulation, according to the meeting transcript.
Certificate Amendment Approved
Stockholders also approved an amendment to FormFactor’s amended and restated certificate of incorporation. St. Dennis said the amendment reflects a new Delaware law providing for officer exculpation provisions and removes inoperative language related to the classification of the board and references to the company’s 2024 annual meeting of stockholders, which he said have no continuing effect.
Executive Pay and Equity Plan Measures Pass
Shareholders approved, on an advisory basis, the compensation paid to FormFactor’s named executive officers as disclosed in the company’s proxy statement. The Compensation Committee and the Board of Directors had recommended approval of the executive compensation proposal.
Stockholders also approved an amendment to FormFactor’s 2012 Equity Incentive Plan. The amendment increases the number of shares reserved for issuance under the plan by 5 million shares. The Compensation Committee and the Board of Directors recommended the measure.
KPMG Ratified as Auditor
The final voting item was the ratification of KPMG LLP as FormFactor’s independent auditor for fiscal 2026. The Audit Committee and the Board of Directors recommended the selection, and stockholders ratified it, according to the preliminary voting results.
After the formal business was completed, St. Dennis adjourned the annual meeting and invited stockholder questions submitted through the webcast portal. The operator said no questions had been submitted, and the meeting concluded.
About FormFactor (NASDAQ:FORM)
FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.
FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.
