Order | Filed: September 25, 2026
| Entered: September 25, 2026
IN RE NATIONAL INSTRUMENTS CORPORATION SECURITIES LITIGATION
Securities/Commodities | New York Southern
Order on Motion for Settlement
ORDER PRELIMINARILY APPROVING SETTLEMENT AND PROVIDING FOR NOTICE granting 170 Motion for Settlement. NOW, THEREFORE, IT IS HEREBY ORDERED THAT: 1. The Court hereby preliminarily approves the Settlement set forth in the Stipulation, and finds, pursuant to Rule 23(e)(1)(B)(i) of the Federal Rules of Civil Procedure, that it will likely be able to finally approve the Settlement under Rule 23(e)(2) as being fair, reasonable, and adequate, subject to further consideration at the Settlement Hearing described below. 2. A hearing (the "Settlement Hearing") shall be held before this Court on January 13, 2027, at 2:30 p.m., in Courtroom 18B at the United States District Court for the Southern District of New York, 500 Pearl Street, New York, New York 10007, to determine: as further set forth in this Order. All funds held by the Escrow Agent shall be deemed and considered to be in custodia legis of the Court, and shall remain subject to the jurisdiction of the Court, until such time as such funds shall be distributed pursuant to the Stipulation and/or further order(s) of the Court. All opening briefs and suppotring documents in support of the Settlement, the Plan of Allocation, any application by Lead Counsel for attorneys' fees and expenses, and/or any application for an award to Lead Plaintiff pursuant to 15 U.S.C. §78u-4(a)(4), shall be filed and served no later than December 9, 2026. Replies to any objections shall be filed and served no later than January 6, 2027, as further set forth herein. All reasonable expenses incurred in identifying and notifying potential Class Members, as well as administering the Settlement Fund, shall be paid as set forth in the Stipulation. In no event shall any of the Released Defendant Patties or Releasing Plaintiff Parties bear any responsibility for such fees, costs, or expenses associated with the Settlement Notice process. Notwithstanding the foregoing, Defendants shall be responsible for the costs and expenses of providing notice as required by the Class Action Fairness Act, pursuant to the Stipulation. In the event the Settlement is not approved by the Court, or otherwise fails to become effective, neither Lead Plaintiff nor any of its counsel shall have any obligation to repay any amounts incurred and properly disbursed pursuant to this paragraph and the relevant provisions of the Stipulation, as further set forth herein. Unless otherwise ordered by the Court, all proceedings in the Litigation are stayed, except as may be necessary to implement the Settlement or comply with the terms of the Stipulation or other agreement of the Settling Parties. Pending final determination of whether the proposed Settlement should be approved, neither Lead Plaintiff nor any Class Member, directly or indirectly, representatively, or in any other capacity, shall commence or prosecute against any of the Released Defendant Parties any action or proceeding in any court or tribunal asserting any of the Released Plaintiffs Claims. IT IS SO ORDERED. (Signed by Judge Denise L. Cote on 9/25/2026) (vfr)