Independent
Tenure on this board
5.5 yrs
Meeting calendar
PBFS · Annual meeting · Tuesday, May 19, 2026
Pioneer Bancorp Inc
3 nominees · 3 ballot items.
Election of three directors; ratification of Bonadio & Co., LLP as independent auditors for 2026; and advisory (non-binding) approval of named executive officer compensation.
Market cap
$426M
1Y TSR
+37.7%
Board grade
C+
Record date
Mar 23, 2026
Filing
DEF 14A
Meeting concluded · May 19, 2026
Follow how the vote landed and what changed on Pioneer Bancorp Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElection of three directors (Stacy Hengsterman, Dr. James K. Reed, and Edward Reinfurt) to serve three-year terms.
- 2
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatification of the appointment of Bonadio & Co., LLP as the independent registered public accounting firm for the year ending December 31, 2026.
- 3
Advisory Vote on Named Executive Officer Compensation (Say-on-Pay
ManagementBoard: FORNon-binding, advisory approval of the compensation of the Company’s Named Executive Officers as disclosed in the proxy statement.
More detail
Proposal asks stockholders to approve, on a non-binding basis, the overall compensation of the Company’s named executive officers as disclosed in the proxy statement. Management is seeking shareholder approval to demonstrate stockholder support for the company’s executive compensation policies and to provide the Compensation Committee with feedback. This is a routine 'say-on-pay' advisory vote required under Dodd-Frank and SEC rules; it is non-binding and intended to inform future compensation decisions. The board recommends a vote FOR the proposal, noting that the Compensation Committee will consider the outcome when setting future compensation. The company discloses detailed executive compensation structure, including the Targeted Incentive Plan, equity awards under the 2020 Equity Incentive Plan, and employment/change-in-control agreements; these provide context for shareholders evaluating the pay practices. Given the company's majority stockholder (Pioneer Bancorp, MHC) owning 57% of shares and expected to vote in favor, approval is highly likely; the vote will therefore largely be symbolic but still relevant for corporate governance and shareholder communication. No shareholder proponents or alternative proposals are present; there are no specific concerns or activist challenges disclosed in the proxy statement. The board’s explicit recommendation and the company’s disclosure of pay-for-performance elements in the TIP align management's rationale for seeking support.
Director elections
Nominees on the ballot3
Independent
Tenure on this board
7.0 yrs
Independent
Tenure on this board
20.5 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | M3F, Inc. | 8.3% | 2,071,973 | $29M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 2.1% | 525,673 | $7M |
| 3 | ALLIANCEBERNSTEIN L.P. | 2.0% | 508,981 | $7M |
| 4 | BlackRock, Inc. | 1.6% | 403,656 | $6M |
| 5 | Private Capital Management, LLC | 1.4% | 354,839 | $5M |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 0.8% | 196,451 | $3M |
| 7 | DIMENSIONAL FUND ADVISORS LP | 0.7% | 184,387 | $3M |
| 8 | STATE STREET CORP | 0.7% | 181,916 | $3M |
| 9 | First Pacific Advisors, LP | 0.7% | 166,974 | $2M |
| 10 | BlackRock, Inc. | 0.5% | 131,831 | $2M |
Peers
Nearest market capOther Financial Services sector meetings6
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Reference
Frequently asked questions
- When is the Pioneer Bancorp Inc 2026 annual meeting?
- Pioneer Bancorp Inc (PBFS) holds its 2026 annual shareholder meeting on Tuesday, May 19, 2026.
- What is the record date for the Pioneer Bancorp Inc 2026 meeting?
- The record date for the Pioneer Bancorp Inc 2026 meeting is Monday, March 23, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Pioneer Bancorp Inc's 2026 meeting?
- The board is presenting 3 director nominees at the Pioneer Bancorp Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Pioneer Bancorp Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Pioneer Bancorp Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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