FS Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held by FS Bancorp, Inc. on May 28, 2020. The filing details the outcomes of shareholder votes regarding director elections, executive compensation, and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance events.
Material Changes and Voting Results
Shareholders voted on three proposals at the Annual Meeting. A quorum was established with 3,775,074 shares represented out of 4,332,196 outstanding shares.
- Proposal 1 (Election of Directors): Michael J. Mansfield and Margaret R. Piesik were elected to three-year terms expiring in 2023. Both received over 80% of the votes cast for their election. The terms of five existing directors continued.
- Proposal 2 (Executive Compensation): The advisory vote to approve the compensation of named executive officers was approved by shareholders.
- Proposal 3 (Auditor Ratification): Shareholders ratified the appointment of Moss Adams LLP as the independent registered public accounting firm for the year ending December 31, 2020.
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 voting results.
Key Facts for Investor Verification
- Michael J. Mansfield and Margaret R. Piesik were elected as directors for three-year terms.
- Shareholders approved the advisory vote on executive compensation.
- Moss Adams LLP was ratified as the independent auditor for the 2020 fiscal year.
- Broker non-votes totaled 518,049 shares for the director election and executive compensation proposals.