Metropolitan Bank Board sets annual say-on-pay frequency after shareholder vote

Metropolitan Bank Holding Corp.

Shareholders at May 31, 2023 annual meeting preferred annual advisory say-on-pay votes.
Board determined future say-on-pay votes will be conducted once every year.
Policy remains until next stockholder vote on frequency or Board changes determination.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Metropolitan Bank Holding Corp. shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-05-31 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-05-31

Exact text from the filing

a majority of the Company’s stockholders that voted on the matter indicated a preference to hold, on a non-binding advisory basis, the Company’s future non-binding advisory votes on named executive officer compensation (“say on pay”) once every year.

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Source: SEC EDGAR

accession 0001104659-23-110106

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