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Compiled from SEC Form N-PX filings and WATERSTONE FINANCIAL INC.’s Form 8-K, filed May 20, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of May 20, 2025: 3 items on WATERSTONE FINANCIAL INC.’s Form 8-K, filed May 20, 2025: 3 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore WATERSTONE FINANCIAL INC. in the interactive database Compare manager voting policies
These tallies are WATERSTONE FINANCIAL INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 20, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Ellen S. Bartel | 12,079,443 | -- | -- | 1,950,360 | -- | 86% | Not verified | — |
| Proposal 2: "Ratification of the selection of Forvis Mazars, LLP as the Company's auditors for the year ending December 31, 2025." The following votes were cast: | 16,232,100 | 236,065 | 17,840 | -- | -- | 99% | Not verified | — |
| Proposal 3: "An advisory, non-binding resolution to approve the executive compensation." The following votes were cast: | 12,977,351 | 928,485 | 123,967 | -- | -- | 93% | Not verified | — |
Source: WATERSTONE FINANCIAL INC., Form 8-K, filed with the SEC on May 20, 2025 — read the filing on EDGAR.
Each item below shows how the 137 asset managers that disclosed a WATERSTONE FINANCIAL INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of WATERSTONE FINANCIAL INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 5 wordings of this item as funds reported it.
86% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Ellen Bartel
WATERSTONE FINANCIAL INC.’s own tally for this item (“Elect Director: Ellen S. Bartel”): 12,079,443 for, 1,950,360 withheld, per its Form 8-K filed May 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 86% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 49 asset managers below reported 4,181,241 for, 316,444 withheld, 110,538 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,310,596 | 0 | 0 | 0 | For |
| Vanguard | 922,613 | 0 | 0 | 0 | For |
| BlackRock | 766,744 | 0 | 0 | 0 | For |
| Fidelity | 413,050 | 0 | 0 | 20,699 | For |
| BRIDGEWAY FUNDS INC | 320,047 | 0 | 0 | 0 | For |
| American Century | 150,326 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 0 | 0 | 143,077 | Withhold |
| EA Series Trust | 0 | 0 | 83,417 | 0 | Abstain |
| TIAA | 0 | 0 | 0 | 61,825 | Withhold |
| Equitable | 30,332 | 0 | 0 | 20,580 | Mixed |
| UNIFIED SERIES TRUST | 42,000 | 0 | 0 | 0 | For |
| Invesco | 0 | 0 | 0 | 29,622 | Withhold |
| State Street | 29,272 | 0 | 0 | 3 | For |
| QUANTITATIVE MASTER SERIES LLC | 26,185 | 0 | 0 | 0 | For |
| Goldman Sachs | 23,194 | 0 | 0 | 0 | For |
| SEI | 18,705 | 0 | 0 | 0 | For |
| Lincoln Financial | 6,551 | 0 | 0 | 11,880 | Mixed |
| WisdomTree | 0 | 0 | 0 | 17,923 | Withhold |
| RBC FUNDS TRUST | 0 | 0 | 14,800 | 0 | Abstain |
| Pacific Life | 13,651 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 0 | 0 | 12,321 | 0 | Abstain |
| Northern Trust | 11,586 | 0 | 0 | 0 | For |
| First Trust | 10,856 | 0 | 0 | 0 | For |
| John Hancock | 9,825 | 0 | 0 | 0 | For |
| Global X | 9,536 | 0 | 0 | 0 | For |
Showing the 25 largest of 49 asset managers. See all 49 in the interactive database.
Combines 4 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: Approving an advisory, non-binding resolution to approve the executive compensation described in the Proxy Statement.
WATERSTONE FINANCIAL INC.’s own tally for this item (“Proposal 3: "An advisory, non-binding resolution to approve the executive compensation." The following votes were cast:”): 12,977,351 for, 928,485 against, per its Form 8-K filed May 20, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,310,596 | 0 | 0 | 0 | For |
| Vanguard | 922,613 | 0 | 0 | 0 | For |
| BlackRock | 766,744 | 0 | 0 | 0 | For |
| Fidelity | 433,749 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 320,047 | 0 | 0 | 0 | For |
| American Century | 150,326 | 0 | 0 | 0 | For |
| Charles Schwab | 143,077 | 0 | 0 | 0 | For |
| EA Series Trust | 83,417 | 0 | 0 | 0 | For |
| TIAA | 61,825 | 0 | 0 | 0 | For |
| TETON WESTWOOD FUNDS | 59,000 | 0 | 0 | 0 | For |
| Equitable | 50,912 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 42,000 | 0 | 0 | 0 | For |
| Invesco | 29,622 | 0 | 0 | 0 | For |
| State Street | 29,275 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 26,185 | 0 | 0 | 0 | For |
| Goldman Sachs | 23,194 | 0 | 0 | 0 | For |
| SEI | 18,705 | 0 | 0 | 0 | For |
| Lincoln Financial | 18,431 | 0 | 0 | 0 | For |
| WisdomTree | 17,923 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 14,800 | 0 | 0 | 0 | For |
| Pacific Life | 13,651 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 12,321 | 0 | 0 | 0 | For |
| Northern Trust | 11,586 | 0 | 0 | 0 | For |
| First Trust | 10,856 | 0 | 0 | 0 | For |
| John Hancock | 9,825 | 0 | 0 | 0 | For |
Fund voting reports, all 49 managers: 4,663,414 for, 1,822 against, 645 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Renaissance | 1,152,570 | 0 | 0 | 0 | For |
| BlackRock | 882,097 | 0 | 0 | 0 | For |
| Rhino Investment Partners, Inc | 557,222 | 0 | 0 | 0 | For |
| State Street | 408,714 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 400,962 | 0 | 0 | 0 | For |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 347,047 | 0 | 0 | 0 | For |
| Baird | 204,868 | 0 | 0 | 0 | For |
| American Century | 154,325 | 0 | 0 | 0 | For |
| Dimensional | 144,616 | 0 | 0 | 0 | For |
| Charles Schwab | 143,156 | 0 | 0 | 0 | For |
| Northern Trust | 140,770 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 139,234 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 133,959 | 0 | 0 | 0 | For |
| Citadel | 78,097 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 67,879 | 0 | 0 | 0 | For |
| Nuveen | 62,484 | 0 | 0 | 0 | For |
| Fidelity | 58,989 | 0 | 0 | 0 | For |
| DE Shaw | 42,631 | 0 | 0 | 0 | For |
| Connor, Clark & Lunn Investment Management Ltd. | 41,520 | 0 | 0 | 0 | For |
| Two Sigma | 36,177 | 0 | 0 | 0 | For |
| STRS OHIO | 35,400 | 0 | 0 | 0 | For |
| Invesco | 34,653 | 0 | 0 | 0 | For |
| AQR | 33,866 | 0 | 0 | 0 | For |
| STATE OF WISCONSIN INVESTMENT BOARD | 21,700 | 0 | 0 | 0 | For |
| AllianceBernstein | 20,580 | 0 | 0 | 0 | For |
Institutional-manager reports, all 105 managers: 5,582,111 for, 6,510 against. Showing the 25 largest; see all in the interactive database.
100% of fund votes cast · no official result
Description as filed by funds: Ratifying the selection of Forvis Mazars, LLP as Waterstone Financial, Inc.'s independent registered public accounting firm.
The 31 asset managers below reported 3,453,886 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dimensional | 1,310,596 | 0 | 0 | 0 | For |
| Vanguard | 922,613 | 0 | 0 | 0 | For |
| Fidelity | 433,749 | 0 | 0 | 0 | For |
| BRIDGEWAY FUNDS INC | 320,047 | 0 | 0 | 0 | For |
| American Century | 150,326 | 0 | 0 | 0 | For |
| TIAA | 61,825 | 0 | 0 | 0 | For |
| Equitable | 50,912 | 0 | 0 | 0 | For |
| Invesco | 29,622 | 0 | 0 | 0 | For |
| State Street | 29,275 | 0 | 0 | 0 | For |
| Goldman Sachs | 23,194 | 0 | 0 | 0 | For |
| Lincoln Financial | 18,431 | 0 | 0 | 0 | For |
| WisdomTree | 17,923 | 0 | 0 | 0 | For |
| Pacific Life | 13,651 | 0 | 0 | 0 | For |
| Northern Trust | 11,586 | 0 | 0 | 0 | For |
| First Trust | 10,856 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 7,880 | 0 | 0 | 0 | For |
| Voya | 6,288 | 0 | 0 | 0 | For |
| SA FUNDS INVESTMENT TRUST | 5,932 | 0 | 0 | 0 | For |
| Brighthouse | 5,854 | 0 | 0 | 0 | For |
| Prudential/PGIM | 4,632 | 0 | 0 | 0 | For |
| Nationwide | 4,318 | 0 | 0 | 0 | For |
| ProShares | 3,790 | 0 | 0 | 0 | For |
| DWS | 2,474 | 0 | 0 | 0 | For |
| GMO | 2,039 | 0 | 0 | 0 | For |
| Victory Capital | 1,898 | 0 | 0 | 0 | For |
Showing the 25 largest of 31 asset managers. See all 31 in the interactive database.
93% of fund votes cast · no official result
The 20 asset managers below reported 1,127,933 for, 83,417 against, 645 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 766,744 | 0 | 0 | 0 | For |
| Charles Schwab | 143,077 | 0 | 0 | 0 | For |
| EA Series Trust | 0 | 83,417 | 0 | 0 | Against |
| TETON WESTWOOD FUNDS | 59,000 | 0 | 0 | 0 | For |
| UNIFIED SERIES TRUST | 42,000 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 26,185 | 0 | 0 | 0 | For |
| SEI | 18,705 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 14,800 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 12,321 | 0 | 0 | 0 | For |
| John Hancock | 9,825 | 0 | 0 | 0 | For |
| Global X | 9,536 | 0 | 0 | 0 | For |
| Jackson National | 8,630 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 7,726 | 0 | 0 | 0 | For |
| Series Portfolios Trust | 6,332 | 0 | 0 | 0 | For |
| Nationwide | 1,087 | 0 | 0 | 0 | For |
| GPS Funds I | 1,034 | 0 | 0 | 0 | For |
| Allianz | 728 | 0 | 0 | 0 | For |
| Brighthouse | 0 | 0 | 645 | 0 | Abstain |
| CITY NATIONAL ROCHDALE FUNDS | 137 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund III | 66 | 0 | 0 | 0 | For |
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 19,075,518 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Dimensional | 6.87% |
| 2 | Vanguard | 4.84% |
| 3 | BlackRock | 4.02% |
| 4 | Fidelity | 2.27% |
| 5 | BRIDGEWAY FUNDS INC | 1.68% |
| 6 | American Century | 0.79% |
| 7 | Charles Schwab | 0.75% |
| 8 | EA Series Trust | 0.44% |
| 9 | TIAA | 0.32% |
| 10 | TETON WESTWOOD FUNDS | 0.31% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Renaissance | 6.04% |
| 2 | BlackRock | 4.62% |
| 3 | Rhino Investment Partners, Inc | 2.92% |
| 4 | State Street | 2.14% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.10% |
| 6 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 1.82% |
| 7 | Baird | 1.07% |
| 8 | American Century | 0.81% |
| 9 | Dimensional | 0.76% |
| 10 | Charles Schwab | 0.75% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| BlackRock | 9.38% | 13F |
| Dimensional Fund Advisors | 7.77% | 13F |
| Renaissance Technologies | 6.06% | 13F |
| Vanguard Group | 4.91% | 13F |
| State Street | 2.36% | 13F |
| Geode Capital | 2.11% | 13F |
| Morgan Stanley | 0.96% | 13F |
| Northern Trust | 0.84% | 13F |
| Charles Schwab | 0.75% | 13F |
| Goldman Sachs | 0.55% | 13F |
Percentages above are of 19,075,518 shares outstanding, as reported by WATERSTONE FINANCIAL INC. on its Form 10-Q dated April 30, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from WATERSTONE FINANCIAL INC.’s 10-Q dated April 30, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At WATERSTONE FINANCIAL INC.'s shareholder meeting held May 20, 2025, in the 2024-2025 proxy season, 137 asset managers reported how they voted in their SEC Form N-PX filings, covering 566 separate fund positions. Their filings are grouped here into 4 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approving an advisory, non-binding resolution to approve the executive compensation described… — FOR was 93% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: WATERSTONE FINANCIAL INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 20, 2025.
WATERSTONE FINANCIAL INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.