Magyar Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2014 Annual Meeting of Stockholders held on February 13, 2014. The filing was submitted on February 14, 2014, by Magyar Bancorp, Inc., a Delaware corporation headquartered in New Brunswick, New Jersey.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and shareholder voting results rather than financial performance data.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Election of Directors: Shareholders elected Joseph J. Lukacs, Jr., D.M.D., Salvatore J. Romano, Ph.D., and Edward C. Stokes, III to serve three-year terms.
- Joseph J. Lukacs, Jr.: 4,112,613 votes for; 730,195 withheld.
- Salvatore J. Romano: 4,114,268 votes for; 728,540 withheld.
- Edward C. Stokes, III: 3,990,932 votes for; 851,876 withheld.
- Ratification of Auditors: Shareholders ratified the appointment of ParenteBeard LLC as the independent registered public accounting firm for the fiscal year ending September 30, 2014.
- Votes For: 5,437,871
- Votes Against: 29,073
- Abstentions: 21,702
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. No financial statements, pro forma information, or shell company transactions were included in this report.
Key Facts for Investor Verification
- Confirm the three-year terms for the newly elected directors.
- Verify the appointment of ParenteBeard LLC as the auditor for the fiscal year ending September 30, 2014.
- Note that this filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.