Waterstone Financial, Inc. 8-K

What Happened

• Waterstone Financial, Inc. (WSBF) filed an 8-K on May 19, 2026 reporting the results of its 2026 Annual Meeting of Shareholders held that day. Shareholders elected three directors, ratified FORVIS Mazars, LLP as the company’s independent auditor, and approved advisory votes on executive compensation and the frequency of future say-on-pay votes.

Key Details

• Record date and voting pool: 18,161,733 shares outstanding and eligible to vote as of March 25, 2026.
• Director elections (votes For / Withheld):
  • Stephen Schmidt: 11,296,357 For; 668,600 Withheld.
  • Derek Tyus: 11,644,708 For; 320,249 Withheld.
  • Molly Mulroy: 11,636,482 For; 328,475 Withheld.
• Auditor ratification: FORVIS Mazars, LLP ratified with 14,753,029 For; 84,156 Against; 113,581 Abstain.
• Advisory votes:
  • Say-on-pay (approve executive compensation): 11,280,893 For; 549,962 Against; 134,102 Abstain.
  • Say-on-frequency (how often to hold advisory vote on pay): 1 Year received plurality with 10,611,408 votes; 2 Years 50,356; 3 Years 1,249,023; Abstain 54,170. (These advisory votes are non-binding.)

Why It Matters

• The board slate was approved, so current governance leadership remains in place through the directors' terms.
• Ratification of the independent auditor ensures continuity of external financial oversight for fiscal 2026.
• The advisory approval of executive compensation (say-on-pay) and the plurality vote for an annual frequency signal shareholder support for current pay practices and prefer annual advisory review — both are important governance indicators for investors, though advisory votes are non-binding.