Waterstone Financial, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2021 Annual Meeting of Shareholders held by Waterstone Financial, Inc. on May 18, 2021. The filing details the outcomes of three proposals submitted to security holders.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance voting results.
Material Changes
No material financial changes are reported in this document. The filing confirms the election of two directors and the ratification of the independent auditor.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, management commentary on financial outlook, or discussion of risks and contingencies. It strictly reports the vote tallies for the annual meeting.
Shareholder Voting Results
- Proposal 1 (Election of Directors): Shareholders elected Douglas S. Gordon and Patrick S. Lawton to the Board of Directors to serve until 2024.
- Proposal 2 (Ratification of Auditors): Shareholders ratified the selection of RSM US LLP as the independent registered public accounting firm for the year ending December 31, 2021.
- Proposal 3 (Executive Compensation): Shareholders approved, in an advisory vote, the compensation of the Company's named executive officers.
Key Facts for Investor Verification
- Record date for the meeting was March 24, 2021, with 25,230,284 outstanding shares eligible to vote.
- Director Election Results:
- Douglas S. Gordon: 18,072,739 For; 578,888 Withheld.
- Patrick S. Lawton: 17,814,660 For; 836,967 Withheld.
- Auditor Ratification Results: 21,682,587 For; 133,178 Against; 25,227 Abstain.
- Compensation Advisory Vote Results: 17,716,630 For; 736,113 Against; 198,884 Abstain.