ConnectOne Bancorp, Inc. 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by ConnectOne Bancorp, Inc. on May 19, 2026. The filing reports on events occurring at the Company's Annual Meeting of Shareholders held on the same date. ConnectOne Bancorp is a New Jersey corporation with its principal executive offices in Englewood Cliffs, New Jersey. Its common stock (CNOB) and depositary shares (CNOBP) trade on the NASDAQ.
Key Financial Metrics
The filing text does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance events and shareholder voting results.
Material Changes and Corporate Actions
- Executive Appointment: The Board of Directors appointed Ms. Elizabeth Magennis as President of the Registrant. She previously served as Executive Vice President of the Registrant and President of ConnectOne Bank. She will continue to serve as President of the Bank and as a Board member for both the Registrant and the Bank.
- Leadership Continuity: Mr. Frank Sorrentino continues to serve as Chairman and Chief Executive Officer of both the Registrant and the Bank.
- Shareholder Voting: On March 31, 2026, there were 50,288,494 shares of common stock outstanding. A total of 42,293,111 shares were represented at the Annual Meeting.
Shareholder Proposal Results
All four proposals submitted to the shareholders were approved:
- Election of Directors: Fifteen directors were elected for one-year terms. All nominees received significant "For" votes, with Broker Non-Votes totaling 6,162,210 for each nominee.
- 2026 Equity Incentive Plan: Approved with 34,424,591 votes For, 1,648,967 Against, and 57,343 Abstentions.
- Executive Compensation (Say-on-Pay): Approved on an advisory basis with 34,932,239 votes For, 774,603 Against, and 424,059 Abstentions.
- Ratification of Independent Auditors: Approved with 41,871,092 votes For, 377,047 Against, and 44,972 Abstentions.
Outlook, Risks, and Contingencies
The filing text does not contain management commentary on future outlook, specific risks, contingencies, or unusual items. The document is limited to reporting the outcomes of the Annual Meeting and the appointment of a new officer.
Key Facts for Investor Verification
- Verify the specific compensation arrangements for the newly appointed President, Ms. Elizabeth Magennis, as detailed in the Annual Proxy Statement filed on April 9, 2026.
- Confirm the terms and share reserve limits of the newly approved 2026 Equity Incentive Plan.
- Review the full list of elected directors and their individual voting results to assess shareholder support levels.
- Check subsequent filings for any financial updates, as this 8-K contains no financial performance data.