8-K
filed November 29, 2023, 6:59 PM ET
ticker PROV
CIK 0001010470
other
confidence high
sentiment negative
materiality 0.15
Provident Financial re-elects Blunden despite majority withheld; say-on-pay passes with 48.43%
PROVIDENT FINANCIAL HOLDINGS INC
- Craig G. Blunden re-elected to board with 49.09% for, 50.91% withheld (more withheld than for).
- Advisory say-on-pay approved narrowly: 48.43% for, 46.85% against, 4.72% abstain.
- Shareholders voted 80.68% for an annual frequency of advisory votes on executive compensation.
- Ratification of Deloitte & Touche as auditor received 99.61% approval.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROVIDENT FINANCIAL HOLDINGS INC shareholders approved Ratification of the Appointment of Independent Auditor at the 2023-11-28 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-11-28
Exact text from the filing
4. Ratification of the Appointment of Independent Auditor : Shareholders ratified the appointment of Deloitte & Touche, LLP as the Corporation’s independent auditor for the fiscal year ending June 30, 2024 by the following vote: Number of Votes Percentage For 6,082,713 99.61 Against 15,208 0.25 Abstain 8,473 0.14
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROVIDENT FINANCIAL HOLDINGS INC shareholders approved Frequency of Advisory Vote on Executive Compensation at the 2023-11-28 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-11-28
Exact text from the filing
3. Frequency of Advisory Vote on Executive Compensation: Shareholders approved the every year frequency of advisory vote on executive compensation by the following vote: Number of Votes Percentage Every Year 4,335,038 80.68 Every Two Years 28,326 0.53 Every Three Years 717,197 13.35 Abstain 292,549 5.44 Broker Non-Vote 733,284 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROVIDENT FINANCIAL HOLDINGS INC shareholders approved Advisory Approval of Executive Compensation at the 2023-11-28 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-11-28
Exact text from the filing
2. Advisory Approval of Executive Compensation : Shareholders approved the advisory resolution for named executive officer compensation by the following vote: Number of Votes Percentage For 2,601,924 48.43 Against 2,517,310 46.85 Abstain 253,876 4.72 Broker Non-Vote 733,284 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PROVIDENT FINANCIAL HOLDINGS INC shareholders approved Election of Directors at the 2023-11-28 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-11-28
Exact text from the filing
1. Election of Directors : There were three nominees for three open board seats. Accordingly, shareholders elected Craig G. Blunden and Brian N. Hawley to the Board of Directors for a three-year term ending in 2026 and Matthew E. Webb for a two-year term ending in 2025 by the following vote: For Withheld Broker Non-Vote Nominee Number of Votes Percentage Number of Votes Percentage Number of Votes Percentage Craig G. Blunden 2,637,541 49.09 2,735,569 50.91 733,284 N/A Brian N. Hawley 3,946,449 73.45 1,426,661 26.55 733,284 N/A Matthew E. Webb 3,933,149 73.20 1,439,961 26.80 733,284 N/A
View on SEC.gov
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