Filing Overview
Northeast Community Bancorp, Inc. filed a Form 8-K reporting the results of its annual stockholders’ meeting held on May 23, 2024. The filing was signed and dated May 24, 2024. The company’s common stock trades on Nasdaq under the symbol NECB.
Business Context and Reporting Period
The filing concerns corporate governance matters for the fiscal year ending December 31, 2024. It does not report quarterly or annual operating results.
Voting Results
| Proposal | Result | Vote Details |
|---|---|---|
| Election of Diane B. Cavanaugh | Elected to a three-year term | 7,179,655 for; 1,882,263 withheld; 2,484,880 broker non-votes |
| Election of Charles A. Martinek | Elected to a three-year term | 8,453,766 for; 608,152 withheld; 2,484,880 broker non-votes |
| Election of Kenneth H. Thomas | Elected to a three-year term | 7,683,062 for; 1,378,856 withheld; 2,484,880 broker non-votes |
| Ratification of S.R. Snodgrass, P.C. | Approved | 11,230,803 for; 205,014 against; 110,981 abstentions; no broker non-votes |
Financial Metrics and Capital Position
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, capital ratios, or other financial performance metrics.
Material Changes, Guidance, and Risks
No material operating changes, financial guidance, management outlook, contingencies, or unusual items are disclosed in the filing. The principal reported developments are the election of three directors and stockholder ratification of the independent registered public accounting firm for fiscal 2024.
Investor Verification Items
- Verify the elected directors’ three-year terms and the reported broker non-vote totals.
- Confirm the ratification of S.R. Snodgrass, P.C. as the independent registered public accounting firm for the year ending December 31, 2024.
- Review subsequent filings for financial results, liquidity, capital adequacy, and management outlook, none of which are addressed in this 8-K.