Pathward Financial Files 8-K on Officer Changes, Shareholder Votes

Ticker: CASH · Form: 8-K · Filed: Feb 28, 2024 · CIK: 907471

Sentiment: neutral

Topics: 8-K Filing, Corporate Governance, Executive Changes, Shareholder Vote

TL;DR

**PATHWARD FINANCIAL filed an 8-K on Feb 28, 2024, signaling potential executive changes and upcoming shareholder votes.**

AI Summary

PATHWARD FINANCIAL, INC. filed an 8-K on February 28, 2024, reporting on events related to Item 5.02, Item 5.07, and Item 9.01. Item 5.02 covers potential changes in directors or officers and their compensatory arrangements. Item 5.07 addresses matters submitted to a security holder vote, and Item 9.01 pertains to financial statements and exhibits. The filing indicates that the earliest event reported also occurred on February 28, 2024.

Why It Matters

This filing signals potential changes in leadership or executive compensation at PATHWARD FINANCIAL, INC., which could influence the company's strategic direction and financial performance. It also indicates upcoming shareholder decisions on important company matters.

Risk Assessment

Risk Level: low — The filing is a standard disclosure of events, and without the specific details of the reported items, the inherent risk cannot be assessed as high.

Key Players & Entities

FAQ

What is the accession number for this 8-K filing?

The accession number is 0000907471-24-000018.

What is the earliest event reported date in this 8-K?

The earliest event reported date is February 28, 2024.

Which items are reported in this 8-K filing?

This 8-K reports on Item 5.02 (Departure/Election/Appointment of Officers/Directors; Compensatory Arrangements), Item 5.07 (Submission of Matters to a Vote of Security Holders), and Item 9.01 (Financial Statements and Exhibits).

What is the full business address of PATHWARD FINANCIAL, INC.?

The business address is 5501 South Broadband Lane, Sioux Falls, South Dakota 57108.

What is the state of incorporation for PATHWARD FINANCIAL, INC.?

PATHWARD FINANCIAL, INC. is incorporated in Delaware.

Filing Stats: 1,082 words · 4 min read · ~4 pages · Grade level 10.3 · Accepted 2024-02-28 16:10:44

Filing Documents

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. Annual Meeting of Stockholders At the 2024 Annual Meeting of Stockholders of Pathward Financial, Inc. (the "Company") held virtually on February 27, 2024 (the "Annual Meeting"), the shareholders of the Company: (i) elected each of the persons listed below under Proposal 1 to serve as a director of the Company for a term of two years (Mr. Perretta) and for a term of three years (Ms. Shulman and Ms. Zlatkus), in each case until their successors are elected and duly qualified; (ii) approved, on a non-binding advisory basis, the compensation of the Company's "named executive officers" disclosed in the Company's 2024 Proxy Statement; (iii) approved the Pathward Financial, Inc. 2023 Omnibus Incentive Plan and; (iv) ratified the appointment of Crowe LLP as the independent auditors of the Company's financial statements for the year ending September 30, 2024. The final results for the votes regarding the proposals are as follows: Proposal 1: To elect one director (Mr. Perretta) for a term of two years ending in 2026 and two directors (Ms. Shulman and Ms. Zlatkus) for a term of three years ending in 2027, until their successors are elected and duly qualified: Nominee For Withheld Broker Non-Votes Becky S. Shulman 19,793,230 249,222 2,087,905 Lizabeth H. Zlatkus 19,618,745 423,707 2,087,905 Christopher Perretta 19,265,693 776,759 2,087,905 The following directors continue to serve on the Board of Directors following the Annual Meeting: Douglas J. Hajek, Elizabeth G. Hoople, Ronald D. McCray, Kendall E. Stork, and Brett L. Pharr. Proposal 2: To approve, by a non-binding advisory vote, the compensation of the Company's "named executive officers" (a "Say-on-Pay" vote), with 19,575,762 votes cast for, 434,498 votes cast against, 32,192 votes abstaining and 2,087,905 broker non-votes. Proposal 3: To approve the Pathward Financial, Inc. 2023 Omnibus Incentive Plan, with 18,927,755 votes cast for, 1,

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 10.1 Pathward Financial, Inc. 2023 Omnibus Incentive Plan 99.1 Registrant's Press Release dated February 28, 2024. 104 Cover Page Interactive Data File (the cover page iXBRL tags are embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PATHWARD FINANCIAL, INC. Date: February 28, 2024 By: /s/ Gregory A. Sigrist Gregory A. Sigrist Executive Vice President and Chief Financial Officer

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