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8-KAccepted May 14, 4:35 PM ET

Western New England Bancorp Reports Annual Meeting Vote Results

WNEBWestern New England Bancorp, Inc.

Accepted (ET)

4:35 PM

May 14, 2026

Filed

May 14, 2026

Documents

11

Size

193.7 KB

Summary

Western New England Bancorp Reports Annual Meeting Vote Results

Updated

What Happened Western New England Bancorp, Inc. filed an 8-K reporting the results of its Annual Meeting held on May 14, 2026. Of 20,258,872 shares eligible to vote, 17,246,961 shares were present in person or by proxy, constituting a quorum. Shareholders elected four directors to three-year terms expiring in 2029 and approved a non‑binding advisory resolution on executive compensation and the ratification of Wolf & Company, P.C. as the company’s independent registered public accounting firm for fiscal 2026.

Key Details

  • Shares eligible to vote: 20,258,872; shares present/present by proxy: 17,246,961 (quorum).
  • Proposal 1 — Election of directors (three‑year terms expiring 2029):
    • Laura J. Benoit: 14,406,440 For; 305,919 Withheld; 2,534,602 Broker Non‑Votes.
    • Donna J. Damon: 13,699,246 For; 1,013,113 Withheld; 2,534,602 Broker Non‑Votes.
    • Lisa G. McMahon: 12,250,967 For; 2,461,393 Withheld; 2,534,601 Broker Non‑Votes.
    • Steven G. Richter: 13,753,946 For; 958,413 Withheld; 2,534,602 Broker Non‑Votes.
  • Proposal 2 — Advisory vote on executive compensation: 14,410,426 For; 255,079 Against; 46,853 Abstain; 2,534,603 Broker Non‑Votes.
  • Proposal 3 — Ratification of auditor (Wolf & Company, P.C. for FY2026): 16,980,392 For; 205,949 Against; 60,620 Abstain.

Why It Matters These results confirm shareholder approval of the company’s board slate and corporate governance actions for the coming year, including continued oversight by Wolf & Company as auditor. The advisory approval of executive compensation is non‑binding but signals shareholder sentiment on pay practices. The recorded broker non‑votes and variations in withheld votes provide a view of investor participation and relative support levels for individual director nominees, which investors often watch for governance and oversight implications.

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