Hanover Bancorp, Inc. /MD 8-K

What Happened
Hanover Bancorp, Inc. filed an 8-K on June 1, 2026 reporting results from its annual shareholder meeting held May 28, 2026. Shareholders approved the Hanover Bancorp, Inc. 2026 Equity Incentive Plan, elected three directors to three‑year terms, and ratified Crowe LLP as the company’s independent registered public accounting firm for fiscal year 2026. The Plan’s material terms are summarized in the company’s definitive proxy (pages 25–31) and the full plan text was included as Appendix A to the proxy statement.

Key Details

• Meeting date: May 28, 2026; 8-K filed June 1, 2026.
• Director elections (each for three-year terms):
  • Michael Katz — For: 4,651,759; Withheld: 174,675
  • John R. Sorrenti — For: 4,769,855; Withheld: 56,579
  • Philip Okun — For: 4,642,366; Withheld: 184,068
  • There were 903,723 broker non‑votes on the director proposal.
• 2026 Equity Incentive Plan vote: For 4,755,228; Against 27,522; Abstain 43,684. There were 903,723 broker non‑votes on the plan.
• Auditor ratification: Crowe LLP ratified — For 5,725,927; Against 2,908; Abstain 1,322 (no broker non‑votes).

Why It Matters
Approval of the equity incentive plan allows the company to grant stock‑based awards under the terms disclosed in the proxy, which can be used for employee and director compensation and retention and may lead to future dilution if awards are issued. Election results show board continuity with the three incumbents elected to new three‑year terms. Ratification of Crowe LLP confirms the auditor for fiscal 2026, ensuring continuity in the company’s external financial reporting and audit process. Investors should review the proxy pages referenced for full details of the Plan (pages 25–31) to assess potential dilution and grant practices.