Filing Analysis
Sound Financial Bancorp, Inc. reported the results of its annual meeting of shareholders held on May 26, 2026, where shareholders approved the election of directors, executive compensation, and the ratification of Baker Tilly, LLP as the independent auditor.
📋 Key Facts
- Annual meeting of shareholders held on May 26, 2026
- David S. Haddad, Jr. and Laura Lee Stewart were elected as directors for terms expiring in 2029
- Advisory vote on executive compensation was approved
- Baker Tilly, LLP was ratified as the independent registered public accounting firm for 2026
Sound Financial Bancorp, Inc. announced its first quarter 2026 financial results and declared a quarterly cash dividend of $0.21 per share. The dividend is scheduled to be paid on May 26, 2026, to stockholders of record as of May 11, 2026.
📋 Key Facts
- Announced financial results for the first quarter ended March 31, 2026.
- Declared a quarterly cash dividend of $0.21 per share.
- Dividend record date is set for May 11, 2026.
- Dividend payment date is scheduled for May 26, 2026.
- The filing includes Item 2.02 (Results of Operations and Financial Condition) and Item 8.01 (Other Events).
Sound Financial Bancorp, Inc. filed an 8-K to announce the upcoming annual meeting of stockholders scheduled for May 26, 2026. The filing includes the record date for shareholder voting and a corresponding press release.
📋 Key Facts
- Annual meeting of stockholders is scheduled for Tuesday, May 26, 2026.
- The record date for shareholders entitled to vote at the annual meeting is March 31, 2026.
- The announcement was made via a press release dated February 12, 2026.
Sound Financial Bancorp, Inc. announced its fourth quarter and full year 2025 financial results and declared a quarterly cash dividend of $0.21 per share.
📋 Key Facts
- Earnings release issued for the period ending December 31, 2025.
- Board of Directors declared a cash dividend of $0.21 per share.
- Dividend record date is February 9, 2026.
- Dividend payment date is February 23, 2026.
Sound Financial Bancorp, Inc. announced its third quarter 2025 financial results and declared a quarterly cash dividend of $0.19 per share.
📋 Key Facts
- Earnings press release for the period ended September 30, 2025 was issued on October 28, 2025.
- Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is November 7, 2025.
- Dividend payment date is November 21, 2025.
Sound Financial Bancorp announced an executive leadership transition effective October 1, 2025. Current CEO Laura Lee Stewart will step down as President but remain CEO and a director, while CFO Wesley Ochs is promoted to President.
🚩 Red Flags
- None identified; the filing explicitly states no disagreement with management exists.
📋 Key Facts
- Effective October 1, 2025, Laura Lee Stewart will relinquish her role as President of the Company and the Bank.
- Laura Lee Stewart will continue to serve as Chief Executive Officer (CEO) and a director of both the Company and the Bank.
- Wesley ('Wes') Ochs, currently EVP and CFO, is appointed President of the Company and the Bank effective October 1, 2025.
- Mr. Ochs will remain in his role as Chief Financial Officer (CFO).
- Mr. Ochs' annual base salary will increase to $360,000 effective October 1, 2025.
- The company stated the transition is not due to any disagreement regarding operations, policies, or practices.
Sound Financial Bancorp, Inc. announced its second quarter 2025 financial results and declared a quarterly cash dividend of $0.19 per share.
📋 Key Facts
- Earnings release issued for the period ended June 30, 2025.
- Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is August 11, 2025.
- Dividend payment date is August 25, 2025.
Sound Financial Bancorp, Inc. announced a change in its independent registered public accounting firm following the merger of Moss Adams LLP with Baker Tilly US, LLP. The company has appointed Baker Tilly as the successor auditor.
🚩 Red Flags
- None identified; the change is driven by a merger of the audit firm rather than internal disputes.
📋 Key Facts
- Effective June 3, 2025, Moss Adams LLP merged with Baker Tilly US, LLP.
- Moss Adams LLP resigned as the Company's independent auditor due to the merger.
- The Audit Committee approved the appointment of Baker Tilly US, LLP as the successor auditor.
- Previous audit reports for fiscal years 2023 and 2024 contained no adverse opinions, disclaimers, or qualifications.
- No disagreements with Moss Adams regarding accounting principles, practices, or auditing scope were reported.
Sound Financial Bancorp, Inc. held its annual meeting of shareholders on May 27, 2025. The filing reports the results of shareholder votes regarding director elections, executive compensation, and the ratification of the independent auditor.
📋 Key Facts
- Annual meeting held on May 27, 2025.
- Tyler K. Myers, Robert F. Carney, and James E. Sweeney were elected to the Board of Directors with terms expiring in 2028.
- Shareholders approved a non-binding advisory vote on executive compensation (Say-on-Pay).
- Moss Adams, LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
Sound Financial Bancorp, Inc. announced its financial results for the first quarter ended March 31, 2025, and declared a quarterly cash dividend.
📋 Key Facts
- Earnings press release issued for Q1 period ended March 31, 2025.
- Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is May 09, 2025.
- Dividend payment date is May 23, 2025.
Sound Financial Bancorp, Inc. has announced the date for its upcoming annual meeting of stockholders. The meeting is scheduled to take place on May 27, 2025.
📋 Key Facts
- Annual meeting of stockholders set for Tuesday, May 27, 2025.
- Record date for shareholders entitled to vote is March 31, 2025.
- The announcement was made via a press release dated February 14, 2025.
Sound Financial Bancorp, Inc. announced its fourth quarter and full-year 2024 financial results and declared a quarterly cash dividend.
📋 Key Facts
- Earnings release issued for the period ended December 31, 2024.
- Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is February 12, 2025.
- Dividend payment date is February 26, 2025.
Sound Financial Bancorp, Inc. announced amendments to the change in control agreements for six officers, including the COO and CFO. The amendments refine definitions regarding 'Involuntary Termination' locations and standardize 'Change in Control' language across various executive contracts.
🚩 Red Flags
- None identified; these are administrative/technical amendments to existing executive compensation structures.
📋 Key Facts
- Amendments approved on October 30, 2024, for six officers.
- Includes named executive officers Heidi Sexton (EVP/COO) and Wes Ochs (EVP/CSO/CFO).
- Revised 'Involuntary Termination' to define location based on the officer's current workplace rather than Bank headquarters.
- Standardized 'Change in Control' definitions for agreements entered into prior to 2023 to match 2023 contract language.
Sound Financial Bancorp, Inc. announced its third quarter 2024 financial results and declared a quarterly cash dividend of $0.19 per share.
📋 Key Facts
- Earnings press release for the third quarter ended September 30, 2024 was issued on October 30, 2024.
- Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is November 12, 2024.
- Dividend payment date is November 26, 2024.
This is an amendment to a previous 8-K filing regarding the results of Sound Financial Bancorp's 2024 Annual Meeting. The company is disclosing that stockholders voted in favor of conducting advisory votes on executive compensation on an annual basis.
📋 Key Facts
- The filing is an Amendment (Form 8-K/A) to a report originally filed on May 31, 2024.
- Stockholders at the May 29, 2024 Annual Meeting voted in favor of annual advisory votes on executive compensation.
- The Board will hold these advisory votes annually until the next required vote on frequency (no later than the 2030 annual meeting) or as otherwise determined by the Board.
Sound Financial Bancorp, Inc. announced its second quarter 2024 financial results and declared a quarterly cash dividend of $0.19 per share.
📋 Key Facts
- Earnings press release for the second quarter ended June 30, 2024 was issued on July 29, 2024.
- Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is August 09, 2024.
- Dividend payment date is August 23, 2024.
Sound Financial Bancorp, Inc. held its annual meeting of shareholders on May 29, 2024. The filing reports the final voting results for four proposals including director elections and auditor ratification.
📋 Key Facts
- Annual meeting held on May 29, 2024.
- Debra Jones, Corissa B. Porcelli, and Rogelio Riojas were elected to the Board of Directors with terms expiring in 2027.
- Shareholders approved a non-binding advisory vote on executive compensation (Say-on-Pay).
- Shareholders voted to hold the Say-on-Pay vote annually rather than every three years.
- Moss Adams, LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
Sound Financial Bancorp, Inc. filed an 8-K to announce its first quarter 2024 earnings results and the declaration of a quarterly cash dividend.
📋 Key Facts
- Earnings press release for the first quarter ended March 31, 2024 was issued on April 29, 2024.
- The Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is May 8, 2024; payment date is May 22, 2024.
Sound Financial Bancorp, Inc. announced the upcoming annual meeting of stockholders scheduled for May 29, 2024. The filing outlines proposed agenda items including director elections and advisory votes on executive compensation.
📋 Key Facts
- Annual Meeting Date: Wednesday, May 29, 2024.
- Record Date for voting: March 28, 2024.
- Proposed Agenda: Election of directors, advisory vote on executive compensation, frequency of advisory votes on compensation, and ratification of independent auditor appointment.
- Director Nominees: Debra Jones (CPA/Audit Committee Financial Expert), Rogelio Riojas (CEO of Sea Mar Community Health Centers), and Corissa B. Porcelli (Chartered Financial Analyst).
Sound Financial Bancorp, Inc. announced the approval of a new stock repurchase program by its Board of Directors on January 26, 2024. The program authorizes up to $1.5 million in common stock purchases over the next 12 months.
📋 Key Facts
- Board approved '2024 Repurchase Program' on January 26, 2024.
- Authorization amount: up to $1.5 million of issued and outstanding common stock.
- Program duration: up to 12 months from the date of approval.
- The existing repurchase program expires on January 31, 2024; it has repurchased 107,735 shares at a cost of ~$4.0 million.
- Repurchases will occur via open market or privately negotiated transactions.
Sound Financial Bancorp, Inc. announced its fourth quarter 2023 financial results and declared a quarterly cash dividend of $0.19 per share.
📋 Key Facts
- Earnings press release for the fourth quarter ended December 31, 2023 was issued on January 26, 2024.
- Board of Directors declared a cash dividend of $0.19 per share.
- Dividend record date is February 7, 2024.
- Dividend payment date is February 21, 2024.