Central Plains holders back share buyback proposal
Rhea-AI Filing Summary
Central Plains Bancshares, Inc. (CPBI) reported results of its August 25, 2026 Annual Meeting of Stockholders. Stockholders elected three directors — Steven D. Kunzman, Daniel D. Naranjo, and Francis E. Younes — each to serve a three-year term, with each nominee receiving more than 2.8 million votes in favor.
Stockholders also ratified the appointment of Plante & Moran, PLLC as the independent registered public accounting firm for the year ending March 31, 2027, with 3,534,245 votes for, 36,028 against, and 93,306 abstentions. In addition, stockholders approved a stockholder proposal regarding repurchases of shares of the company’s common stock, which received 2,320,832 votes for, 444,383 against, and 351,392 abstentions.
Positive
- None.
Negative
- None.
Filing Explained
The filing records stockholder approval of a proposal concerning repurchases of the company’s common stock, but reports no repurchase itself; the immediate structural change is approval of the proposal, not a completed buyback or disclosed cash outlay.
8-K Event Classification
2 items: 5.07, 9.01
2 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Votes for director Steven D. Kunzman: 2,831,054 votes
Votes for director Daniel D. Naranjo: 2,831,354 votes
Votes for director Francis E. Younes: 2,908,679 votes
+4 more
7 metrics
Votes for director Steven D. Kunzman
2,831,054 votes
Election to a three-year term at the August 25, 2026 annual meeting
Votes for director Daniel D. Naranjo
2,831,354 votes
Election to a three-year term at the August 25, 2026 annual meeting
Votes for director Francis E. Younes
2,908,679 votes
Election to a three-year term at the August 25, 2026 annual meeting
Votes for auditor ratification
3,534,245 votes
Ratification of Plante & Moran, PLLC for year ending March 31, 2027
Votes for share repurchase proposal
2,320,832 votes
Approval of stockholder proposal on repurchase of shares of common stock
Votes against share repurchase proposal
444,383 votes
Opposition to stockholder proposal on repurchase of shares of common stock
Abstentions on share repurchase proposal
351,392 votes
Abstaining votes on stockholder proposal on repurchase of shares of common stock
Key Terms
Broker Non-Votes, independent registered public accounting firm, stockholder proposal, Emerging growth company, +1 more
5 terms
Broker Non-Votes financial
"For | Withhold | Broker Non-Votes Steven D. Kunzman | 2,831,054 |"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"The ratification of the appointment of Plante & Moran, PLLC as independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
stockholder proposal financial
"The approval of a stockholder proposal with respect to the repurchase of shares"
Emerging growth company regulatory
"Emerging growth company Item 5.07 Submission of Matters"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"Cover Page Interactive Data File (embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
What matters did CPBI stockholders vote on at the August 25, 2026 annual meeting?
Stockholders of Central Plains Bancshares, Inc. (CPBI) voted on three items: the election of three directors for three-year terms, the ratification of Plante & Moran, PLLC as independent registered public accounting firm for the year ending March 31, 2027, and a stockholder proposal on share repurchases.
Did CPBI stockholders ratify the auditor Plante & Moran, PLLC for 2027?
Yes. Stockholders of CPBI ratified Plante & Moran, PLLC as the independent registered public accounting firm for the year ending March 31, 2027, with 3,534,245 votes for, 36,028 against, and 93,306 abstentions and no broker non-votes reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
