Pioneer Bancorp, Inc./MD 8-K

What Happened
Pioneer Bancorp, Inc. (PBFS) filed an 8-K reporting the results of its annual stockholder meeting held May 19, 2026 (proxy filed April 7, 2026). Stockholders approved the election of three directors to three-year terms, ratified Bonadio & Co., LLP as the company's independent registered public accounting firm for 2026, and approved a non-binding advisory resolution on executive compensation.

Key Details

• Director elections (three-year terms):
  • Stacy Hengsterman — For: 20,648,868; Withheld: 820,790; Broker Non-Votes: 1,095,583.
  • Dr. James K. Reed — For: 19,989,694; Withheld: 1,479,964; Broker Non-Votes: 1,095,583.
  • Edward Reinfurt — For: 20,134,659; Withheld: 1,334,999; Broker Non-Votes: 1,095,583.
• Auditor ratification: Bonadio & Co., LLP approved — For: 22,509,721; Against: 27,327; Abstain: 28,193; Broker Non-Votes: none.
• Advisory "say-on-pay" vote: approved — For: 21,138,783; Against: 273,291; Abstain: 57,584; Broker Non-Votes: 1,095,583.

Why It Matters
The approved director slate and auditor ratification confirm continuity in Pioneer Bancorp’s governance and external audit oversight for 2026. The non-binding approval of executive compensation indicates shareholder support for the company’s pay practices, though it is advisory and not legally binding. Note the presence of broker non-votes on director and say-on-pay items (1,095,583 shares), which reflects shares held in street name that were not voted on those matters and can affect the voting totals for contested items.