Auburn National Bancorporation Elects New Directors, Adjusts Compensation
Ticker: AUBN · Form: 8-K · Filed: Mar 29, 2024 · CIK: 750574
| Field | Detail |
|---|---|
| Company | Auburn National Bancorporation, Inc (AUBN) |
| Form Type | 8-K |
| Filed Date | Mar 29, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: AUBN
TL;DR
Auburn National Bancorporation (AUBN) filed an 8-K detailing director elections and executive pay changes.
AI Summary
Auburn National Bancorporation, Inc. announced on March 29, 2024, changes in its board of directors and executive compensation. Specifically, the company elected new directors and appointed new officers, alongside adjustments to their compensatory arrangements. The filing also includes financial statements and exhibits related to these corporate governance and compensation matters.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance updates and executive compensation, which typically carry low immediate risk.
Key Players & Entities
- AUBURN NATIONAL BANCORPORATION, INC. (company) — Registrant
- March 29, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 0-26486 (filing_id) — Commission File Number
- 63-0885779 (tax_id) — IRS Employer Identification No.
- 100 North Gay Street, P.O. Drawer 3110, Auburn, Alabama 36831-3110 (address) — Principal Executive Offices
- (334) 821 (phone_number) — Business Phone
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors and appointment of certain officers, but the specific names and details of the changes are not provided in the provided text snippet.
What are the key items covered in this 8-K filing?
The filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, along with financial statements and exhibits.
When was this report filed?
The report was filed on March 29, 2024.
What is the company's state of incorporation and fiscal year end?
The company is incorporated in Delaware and its fiscal year ends on December 31.
What is the primary business of Auburn National Bancorporation, Inc.?
The company is classified under Standard Industrial Classification as 'STATE COMMERCIAL BANKS' [6022].
Filing Stats: 559 words · 2 min read · ~2 pages · Grade level 9.7 · Accepted 2024-03-29 12:03:00
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 AUBN Nasdaq Global Market Indicate
Filing Documents
- d819334d8k.htm (8-K) — 26KB
- d819334dex991.htm (EX-99.1) — 6KB
- g819334g0329042350660.jpg (GRAPHIC) — 3KB
- 0001193125-24-081817.txt ( ) — 159KB
- aubn-20240329.xsd (EX-101.SCH) — 3KB
- aubn-20240329_lab.xml (EX-101.LAB) — 18KB
- aubn-20240329_pre.xml (EX-101.PRE) — 11KB
- d819334d8k_htm.xml (XML) — 4KB
Financial Statements, Pro Forma Financial Information and Exhibits
Financial Statements, Pro Forma Financial Information and Exhibits. (d) Exhibits . The following exhibit is furnished herewith: Exhibit No. Exhibit Description 99.1 Press Release, dated March 29, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AUBURN NATIONAL BANCORPORATION, INC. (Registrant) /s/ David A. Hedges David A. Hedges President and CEO Date: March 29, 2024