Bank of the James Files 8-K on Shareholder Votes & Exhibits
Ticker: BOTJ · Form: 8-K · Filed: May 23, 2024 · CIK: 1275101
| Field | Detail |
|---|---|
| Company | Bank Of The James Financial Group Inc (BOTJ) |
| Form Type | 8-K |
| Filed Date | May 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $2.14 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, shareholder-vote, financial-statements
TL;DR
BOTJ filed an 8-K for shareholder votes and financial exhibits, due May 21st.
AI Summary
On May 21, 2024, Bank of the James Financial Group, Inc. filed an 8-K report detailing the submission of matters to a vote of security holders and financial statements. The filing includes exhibits related to these matters, with the report being publicly available as of May 23, 2024.
Why It Matters
This filing indicates that Bank of the James Financial Group, Inc. is engaging in processes that require shareholder approval and is providing necessary financial documentation, which can impact investor confidence and regulatory compliance.
Risk Assessment
Risk Level: low — This is a routine regulatory filing that does not appear to contain any new material adverse information.
Key Numbers
- 20-0500300 — IRS Employer Identification No. (Identifies the company for tax purposes.)
Key Players & Entities
- BANK OF THE JAMES FINANCIAL GROUP, INC. (company) — Registrant
- May 21, 2024 (date) — Date of Earliest Event Reported
- May 23, 2024 (date) — Date Filed
- Virginia (location) — State of Incorporation
- 001-35402 (other) — Commission File Number
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates the submission of matters to a vote of security holders, but the specific details of these matters are not provided in the excerpt.
What types of financial statements and exhibits are included in this filing?
The filing states that 'Financial Statements and Exhibits' are included, but the specific content of these exhibits is not detailed in the provided text.
What is the primary business of Bank of the James Financial Group, Inc.?
Bank of the James Financial Group, Inc. is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.
In which state is Bank of the James Financial Group, Inc. incorporated?
The company is incorporated in Virginia.
What is the principal executive office address for the company?
The principal executive offices are located at 828 Main Street, Lynchburg, VA 24504.
Filing Stats: 705 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-05-23 13:00:17
Key Financial Figures
- $2.14 — e on Which Registered Common Stock, $2.14 par value BOTJ The NASDAQ Capital M
Filing Documents
- botj-20240521x8k.htm (8-K) — 108KB
- 0001562762-24-000150.txt ( ) — 223KB
- botj-20240521.xsd (EX-101.SCH) — 2KB
- botj-20240521_lab.xml (EX-101.LAB) — 14KB
- botj-20240521_pre.xml (EX-101.PRE) — 10KB
- botj-20240521x8k_htm.xml (XML) — 5KB
07 - Submission of Matters to a Vote of Security Holders
Item 5.07 - Submission of Matters to a Vote of Security Holders (a) On May 21, 2024, Bank of the James Financial Group, Inc. (the "Company") held its Annual Meeting of Shareholders for which the board of directors solicited proxies. (b) As of March 26, 2024, the record date for the determination of the shareholders entitled to notice of, and to vote at, the Annual Meeting, there were 4,543,338 shares of common stock outstanding and eligible to vote. 3,497,635 shares, or approximately 76.98% of the outstanding shares, were represented at the meeting in person or by proxy. At the Annual Meeting, the shareholders of the Company voted on the following matters as described in the Company's Proxy Statement dated April 8, 2024. Proposal No. 1 . The Company's shareholders elected four (4) Group Three directors to serve on the board of directors for a three-year term to expire at the Company's 2027 annual meeting of shareholders, as set forth below: Name Group Votes For Withheld Votes Broker Non-Votes Lewis C. Addison Three 1,733,609 598,332 1,165,694 John R. Alford, Jr. Three 2,049,830 282,111 1,165,694 William C. Bryant III Three 2,039,547 292,394 1,165,694 J. Todd Scruggs Three 2,039,095 292,846 1,165,694 Proposal No. 2 . The Company's shareholders ratified the appointment of Elliott Davis, PLLC, of Raleigh, North Carolina, as the Company's independent registered public accounting firm for the year ending December 31, 2024, as set forth below: 3,464,135 Votes For Votes Against Abstentions Broker Non-Votes 3,461,447 35,311 877 - Proposal No. 3 . The Company's shareholders approved the non-binding, advisory resolution approving the compensation of the Company's named executive officers as disclosed in the Proxy Statement pursuant to the compensation disclosure rules of the SEC, as set forth below: 7,590 Votes For Votes Against Abstentions Broker Non-Votes 2,092,070 208,162 31,709
01 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits (a) Financial statements of businesses acquired – not applicable (b) Pro forma financial information – not applicable (c) Shell company transactions – not applicable (d) Exhibits Exhibit No. Exhibit Description 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL 2 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. Date: May 23, 202 4 BANK OF THE JAMES FINANCIAL GROUP, INC . By /s/ J. Todd Scruggs J. Todd Scruggs Secretary-Treasurer 3