Waterstone Financial, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2025 Annual Meeting of Shareholders held by Waterstone Financial, Inc. on May 20, 2025. The filing details the outcomes of three shareholder proposals submitted for a vote.
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 voting results.
Material Changes and Voting Results
Shareholders voted on three key matters with the following results based on 19,294,731 outstanding shares eligible to vote:
- Proposal 1 (Director Election): Ellen S. Bartel was elected to the Board of Directors. Votes cast: 12,079,443 For; 1,950,360 Withheld.
- Proposal 2 (Auditor Ratification): Shareholders ratified the selection of Forvis Mazars, LLP as the independent registered public accounting firm. Votes cast: 16,232,100 For; 236,065 Against; 17,840 Abstain.
- Proposal 3 (Executive Compensation): Shareholders approved the advisory vote on named executive officer compensation. Votes cast: 12,977,351 For; 928,485 Against; 123,967 Abstain.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the reporting of the annual meeting vote tallies.
Key Facts for Investor Verification
- Ellen S. Bartel's term on the Board of Directors extends until 2028.
- Forvis Mazars, LLP is confirmed as the auditor for the fiscal year ending December 31, 2025.
- The record date for the meeting was March 26, 2025.
- Approximately 14.5% of eligible shares withheld votes on the director election, and approximately 7.2% voted against the executive compensation proposal.