secwatch.observer — SEC 8-K summary
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Issuer:     WAFD INC (WAFD)
CIK:        0000936528
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0000936528-23-000065
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders approve SERP retirement benefits for NEOs and 500K-share ESPP
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- SERP provides annual credits: $300K for CEO, $150K for other NEOs; estimated aggregate benefits $1.05M–$3.6M.
- ESPP authorizes 500,000 shares for purchase at 95% of market price, max $50K/yr per participant.
- Shareholders elected directors Graham, Grant, Talbot for three-year terms with majority votes.
- Non-binding advisory vote on executive compensation passed with 93% support.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936528/000093652823000065/0000936528-23-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936528/000093652823000065/wfsl-20230214.htm
  HTML page:      https://secwatch.observer/filing/0000936528-23-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer