other material
confidence high
sentiment neutral
materiality 0.15
Sound Financial board opts for annual say-on-pay vote after shareholder approval
Sound Financial Bancorp, Inc.
- Stockholders voted in favor of annual frequency for advisory votes on executive compensation at the May 29, 2024 annual meeting.
- Board determined to hold an annual say-on-pay vote until the next required frequency vote, no later than 2030.
- The decision follows the board's recommendation and the majority stockholder vote.
- This amendment to the original 8-K discloses the board's final determination on frequency.