BROADWAY FINANCIAL CORP \DE\ 8-K

What Happened Broadway Financial Corporation (BYFC) filed an 8-K reporting the results of its Annual Meeting of Stockholders held June 17, 2026. The company announced the election of three director nominees—Brian E. Argrett, Mary Ann Donovan, and Mary M. Hentges—each to serve until the 2029 annual meeting or until their successors qualify. The filing also reports the advisory (non‑binding) ratification of Crowe LLP as the independent registered public accounting firm, approval of the company’s executive compensation on a non‑binding basis, and shareholder selection of an annual frequency for future advisory say‑on‑pay votes. The meeting presentation is posted on the company’s Investor Relations page at www.cityfirstbank.com.

Key Details

• Director elections (vote totals):
  • Brian E. Argrett: For 2,599,102; Withheld 84,212; Broker Non‑Votes 1,010,675
  • Mary Ann Donovan: For 2,244,672; Withheld 438,642; Broker Non‑Votes 1,010,675
  • Mary M. Hentges: For 2,595,986; Withheld 87,328; Broker Non‑Votes 1,010,675
• Auditor ratification (advisory): Crowe LLP — For 3,551,552; Against 132,899; Abstentions 9,538
• Advisory executive compensation (say‑on‑pay): For 2,508,990; Against 164,287; Abstentions 10,037; Broker Non‑Votes 1,010,675
• Advisory vote on frequency of future say‑on‑pay: 1 year received majority (2,654,844), so the company will hold annual advisory votes on executive compensation.

Why It Matters These results show shareholder support for Broadway Financial’s incumbent board and for continuing Crowe LLP as the auditor, and they confirm investor preference for annual advisory votes on executive pay. The advisory approval of executive compensation and auditor are non‑binding, but they signal investor sentiment that the board will consider when setting governance and compensation policies. Broker non‑votes (about 1.01 million shares) affected results for non‑routine matters, which is typical when brokers do not have discretionary voting authority.