Kearny Financial Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the Annual Meeting of Stockholders held on October 27, 2022. The filing covers the voting outcomes for director elections, auditor ratification, and executive compensation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics, as this report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Of 68,180,318 shares outstanding, 58,295,654 shares were present at the meeting. The voting results were as follows:
- Election of Directors:
- John J. Mazur, Jr.: 29,143,381 For; 21,190,050 Withheld.
- Raymond E. Chandonnet: 48,901,342 For; 1,432,089 Withheld.
- John F. McGovern: 42,477,672 For; 7,855,759 Withheld.
- Christopher Petermann: 46,653,408 For; 3,680,023 Withheld.
- Ratification of Auditor (Crowe LLP): 57,588,302 For; 426,926 Against; 280,426 Abstentions.
- Executive Compensation (Say-on-Pay): 48,255,002 For; 1,842,332 Against; 236,097 Abstentions.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the significant number of votes withheld for director John J. Mazur, Jr. (approx. 42% of votes cast).
- Confirm the total number of broker non-votes (7,962,223) and their impact on the quorum and voting thresholds.
- Review the full Proxy Statement referenced in the filing for details on the executive compensation plan approved by shareholders.