---
schema_version: "secwatch.filing_event.v1"
accession: "0000936528-23-000120"
form_type: "8-K"
ticker: "WAFD"
cik: "0000936528"
company_name: "WAFD INC"
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T19:05:25.406219+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Washington Federal shareholders approve Luther Burbank merger with 98.8% support

## Summary
- Washington Federal shareholders voted 53,299,406 for, 403,160 against; 82.4% of outstanding shares represented.
- Luther Burbank shareholders also approved the merger agreement and related executive compensation on May 4, 2023.
- Merger remains subject to regulatory approvals and other customary closing conditions; no close date announced.
- Deal announced Nov 13, 2022; will merge Luther Burbank Savings into WaFd Bank, expanding California presence.

## SEC filing metadata
- accession: 0000936528-23-000120
- form_type: 8-K
- ticker: WAFD
- cik: 0000936528
- company_name: WAFD INC
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936528/000093652823000120/0000936528-23-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936528/000093652823000120/wfsl-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936528-23-000120
- JSON: https://secwatch.observer/filing/0000936528-23-000120.json
- Plain text: https://secwatch.observer/filing/0000936528-23-000120.txt

## Key facts
- Shareholder Votes
  WAFD INC shareholders approved Approval of the Issuance of Shares of Washington Federal Common Stock in connection with the merger at the 2023-05-04 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2023-05-04
  source text: A proposal to approve the issuance of shares of Washington Federal common stock in connection with the merger as consideration to the shareholders of Luther Burbank Corporation pursuant to the merger agreement (the “Washington Federal share issuance proposal”) was approved upon the following votes: Votes for Votes Against Abstentions Broker Non-Votes 53,299,406 403,160 212,943 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/936528/000093652823000120/0000936528-23-000120-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.