8-K
filed May 21, 2026, 6:50 PM ET
ticker FNWB
CIK 0001556727
other material
confidence high
sentiment neutral
materiality 0.40
Shareholders reject supermajority removal; approve equity plan increase at annual meeting
First Northwest Bancorp
- Proposal to remove supermajority provisions from articles failed (needed 80%); received 67.37% of outstanding shares.
- Shareholders approved Amended and Restated 2020 Equity Incentive Plan, increasing shares from 520,000 to 820,000.
- Non-employee director annual compensation limit raised from $150,000 to $175,000 under the plan.
- All nine director nominees elected with >84% votes; say-on-pay passed with 84.64%.
- Baker Tilly US, LLP ratified as independent auditor for fiscal year 2026.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
First Northwest Bancorp shareholders approved Approval of the Amended and Restated 2020 Equity Incentive Plan at the 2026-05-19 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Proposal 3. Approval of the Amended and Restated 2020 Equity Incentive Plan . Shareholders approved the Amended and Restated 2020 Equity Incentive Plan including the increase in the number of shares available for issuance under the plan.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
First Northwest Bancorp shareholders rejected Approval of the Amended and Restated Articles of Incorporation removing supermajority provisions at the 2026-05-19 meeting.
- Proposal
- charter amendment
- Outcome
- failed
- Meeting
- 2026-05-19
Exact text from the filing
Proposal 2. Approval of the Amended and Restated Articles of Incorporation . The proposal to approve the Amended and Restated Articles of Incorporation of First Northwest Bancorp removing the supermajority provisions did not receive the required affirmative vote of at least 80% of the outstanding shares of the Company's common stock.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
First Northwest Bancorp shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2026-05-19 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Proposal 5. Ratification of the Appointment of Independent Registered Public Accounting Firm . Shareholders ratified the appointment of Baker Tilly US, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026, by the following vote:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
First Northwest Bancorp shareholders approved Advisory (Non-Binding) Vote on Compensation of Named Executive Officers at the 2026-05-19 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Proposal 4. Advisory (Non-Binding) Vote on Compensation of Named Executive Officers . Shareholders approved, on an advisory (non-binding) basis, the compensation of the Company's named executive officers as follows.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
First Northwest Bancorp shareholders approved Election of Directors at the 2026-05-19 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Proposal 1. Election of Directors . Shareholders elected the following nominees to the Board of Directors for a one-year term. FOR WITHHELD BROKER NON-VOTES Number of Votes Percentage of shares voted 1 Number of Votes Percentage of shares voted 1 Number of Votes Sherilyn G. Anderson 5,649,316.98 87.26 % 825,073.68 12.74 % 1,267,289.00
View on SEC.gov
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