Independent
Tenure on this board
19.4 yrs
4 nominees · 3 ballot items.
Election of four directors; advisory (non-binding) vote to approve named executive officer compensation; ratification of Deloitte & Touche LLP as independent auditor.
Elect four directors (William C. Mulligan, Terrence R. Ozan, Marc A. Stefanski, and Daniel F. Weir) each for a three-year term until 2029.
Non-binding advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement.
This advisory (non-binding) proposal asks stockholders to approve, on a non-binding basis, the compensation of the named executive officers as disclosed in the proxy statement. Management is seeking approval to validate the Board’s compensation policies and to inform future compensation decisions; the Board asserts that the pay program aligns pay with performance through cash bonuses tied to adjusted net income and equity awards that tie to long-term performance, and indicates governance features like clawbacks and risk assessments. While the vote is advisory and not binding, the Board will consider the results when setting future compensation. Context: the company is a controlled company with TFS, MHC holding ~80.9% of voting power, which makes stockholder influence limited; in 2025 the prior advisory vote received ~92% support. The Board recommends a FOR vote, citing alignment with corporate performance metrics, clawback policies, and long-term incentive structures intended to promote retention and shareholder value.
Ratify Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2026.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | LAKEWOOD CAPITAL MANAGEMENT, LP | 1.0% | 2,835,382 | $40M |
| 2 | DIMENSIONAL FUND ADVISORS LP | 1.0% | 2,722,060 | $38M |
| 3 | RENAISSANCE TECHNOLOGIES LLC | 0.9% | 2,549,491 | $36M |
| 4 | STATE STREET CORP | 0.8% | 2,362,081 | $33M |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 0.8% | 2,355,001 | $33M |
| 6 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.8% | 2,316,081 | $33M |
| 7 | VANGUARD PORTFOLIO MANAGEMENT LLC | 0.8% | 2,287,389 | $32M |
| 8 | Bank of New York Mellon Corp | 0.6% | 1,798,388 | $25M |
| 9 | BlackRock, Inc. | 0.5% | 1,517,780 | $21M |
| 10 | CRAMER ROSENTHAL MCGLYNN LLC | 0.4% | 1,177,638 | $17M |
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