Bogota Financial Corp. 8-K
Research Summary
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Bogota Financial Corp. Reports 2026 Annual Meeting Vote Results
What Happened
Bogota Financial Corp. (BSBK) filed an 8-K on May 15, 2026 reporting the results of its Annual Meeting held May 14, 2026. Stockholders elected two directors to three-year terms, ratified S.R. Snodgrass, P.C. as the independent registered public accounting firm for fiscal 2026, and approved advisory votes on executive compensation and the frequency of future say-on-pay votes.
Key Details
- Directors elected (three-year terms): Peter T. Donnelly — For: 10,873,938; Withhold: 328,398; Broker non-votes: 844,524. John Masterson — For: 10,871,346; Withhold: 330,990; Broker non-votes: 844,524.
- Auditor ratification: S.R. Snodgrass, P.C. approved — For: 11,784,331; Against: 224,570; Abstentions: 37,979.
- Advisory (non-binding) say-on-pay: Approved — For: 10,790,223; Against: 375,056; Abstain: 37,057; Broker non-votes: 844,524.
- Advisory vote on frequency of future say-on-pay votes: Approved for every three years — 1 Year: 2,156,831; 2 Years: 21,479; 3 Years: 8,973,360; Abstain: 50,666; Broker non-votes: 844,524. Company will file an amendment to the Form 8-K within 150 days after the meeting (and at least 60 days before the Rule 14a-8 deadline) announcing the Board’s final decision on vote frequency.
Why It Matters
These voting outcomes confirm board continuity and auditor selection, and show shareholder support (on an advisory basis) for the company’s executive compensation approach and for holding say-on-pay votes every three years. The compensation and frequency votes are non-binding, so the Board will announce its formal decision on the vote frequency in an upcoming amendment to this filing.
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