Capitol Federal Financial Inc.
09/25/2025 | Press release | Distributed by Public on 09/25/2025 14:50
Management Change/Compensation (Form 8-K)
ITEM 5.02, DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On September 23, 2025, the Board of Directors of Capitol Federal Financial, Inc. (the "Company") approved a change to the Short-Term Performance Plan, effective with the fiscal year 2026 plan year. The plan is applicable to all officers of the Company, including named executive officers. The efficiency ratio performance target will be removed and replaced with the operating expense ratio performance target. While the efficiency ratio emphasizes minimizing operating expenses and reflects the influence of interest rates on the Company's operations, the operating expense ratio isolates operating expense control by removing the impact of interest rates. The change in the performance target is intended to provide a more direct measure of management's ability to control operating costs. A copy of the amended Short-Term Performance Plan dated September 23, 2025 is filed as Exhibit 10.7 to this Report.
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