Business Context and Reporting Period
Northeast Community Bancorp, Inc. filed a Form 8-K dated May 26, 2022, reporting the results of its annual stockholders’ meeting held on that date. The company’s common stock trades on Nasdaq under the symbol NECB.
Meeting Results
- Director elections: Charles M. Cirillo, Eugene M. Magier, and Kenneth A. Martinek were each elected to three-year terms.
- Votes for and withheld: Cirillo: 7,540,764 for and 568,190 withheld; Magier: 7,410,710 for and 698,244 withheld; Martinek: 7,704,874 for and 404,080 withheld.
- Broker non-votes: 4,195,982 for the director-election proposal.
- Auditor ratification: Stockholders ratified the appointment of S.R. Snodgrass, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2022.
- Auditor vote: 11,840,979 for, 113,654 against, and 350,303 abstentions; there were no broker non-votes.
Financial Metrics and Other Key Items
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, balance-sheet data, or other operating financial metrics.
Material Changes, Guidance, and Risks
The filing reports corporate-governance and auditor-appointment matters only. It does not provide guidance, an operating outlook, management commentary, contingencies, unusual items, or material changes in financial performance.
Investor Verification Items
- Verify the elected directors’ three-year terms and voting totals.
- Verify the stockholder ratification of S.R. Snodgrass, P.C. for fiscal 2022.
- Review subsequent filings for financial results, business developments, or changes to the board or independent auditor.