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AI brief of an SEC Form 8-K · Flagstar Bank (FLG)

Flagstar shareholders elect eight directors and approve 12 million share plan increase

Neutral Impact 2 of 5 shareholder Written later

At the June 9, 2026 annual meeting, Flagstar Bank shareholders elected eight directors to one-year terms, ratified KPMG LLP as auditor for 2026, approved executive pay on a non-binding basis, and approved a 12,000,000-share increase to the 2020 Omnibus Incentive Plan. The share increase raises the number of shares reserved for issuance under the plan, and the pay vote drew 60,772,773 votes against.

Key points

  • Eight directors were elected to one-year terms, including Joseph Otting, Steven T. Mnuchin and Jennifer R. Whip.
  • The Incentive Plan amendment passed with 274,608,504 votes for and 48,478,199 against.
  • The non-binding pay vote passed with 262,444,105 votes for and 60,772,773 against.
  • KPMG LLP was ratified as auditor for the fiscal year ending December 31, 2026, with 369,716,004 votes for.

The filing

CompanyFlagstar Bank (FLG)
Form8-K, current report
Filed with the SECJun 11, 2026, 4:03 PM ET
Accession number0000910073-26-000062

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.