Bank of the James Financial Group, Inc. Announces 2024 Annual Meeting of Shareholders

TL;DR

<b>Bank of the James Financial Group, Inc. will hold its 2024 Annual Meeting of Shareholders virtually on May 21, 2024, with online participation required.</b>

AI Summary

BANK OF THE JAMES FINANCIAL GROUP INC (BOTJ) filed a Proxy Statement (DEF 14A) with the SEC on April 8, 2024. The 2024 Annual Meeting of Shareholders for Bank of the James Financial Group, Inc. will be held virtually on May 21, 2024, at 1:00 p.m. local time. Shareholders can attend the virtual meeting online at www.virtualshareholdermeeting.com/BOTJ2024. A control number, found on the proxy card or other proxy materials, is required to participate in the virtual meeting. The meeting will include formal business, a report on operations, and an opportunity for shareholders to ask questions of management, the board, and independent auditors. Proxy materials were mailed to shareholders on or about April 8, 2024, with voting options available via telephone, internet, or mail.

Why It Matters

For investors and stakeholders tracking BANK OF THE JAMES FINANCIAL GROUP INC, this filing contains several important signals. The shift to a virtual-only format necessitates specific instructions for shareholder participation and voting, impacting accessibility. The meeting provides a platform for shareholders to engage directly with management and auditors, influencing corporate governance and transparency.

Risk Assessment

Risk Level: low — BANK OF THE JAMES FINANCIAL GROUP INC shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy materials carefully to understand the agenda, voting procedures, and how to participate in the virtual meeting.

Key Numbers

• May 21, 2024 — Annual Meeting Date (2024 Annual Meeting of Shareholders)
• 1:00 p.m. — Annual Meeting Time (Local time for the virtual meeting)
• April 8, 2024 — Proxy Material Mailing Date (On or about this date)

Key Players & Entities

• BANK OF THE JAMES FINANCIAL GROUP, INC. (company) — Registrant
• Robert R. Chapman III (person) — Signatory
• May 21, 2024 (date) — Annual Meeting Date
• 2024 (date) — Annual Meeting Year
• April 8, 2024 (date) — Mailing Date of Proxy Materials
• www.virtualshareholdermeeting.com/BOTJ2024 (url) — Virtual Meeting Platform
• Broadridge (company) — Vote Processing Agent
• 51 Mercedes Way, Edgewood, NY 11717 (address) — Vote Processing Address

FAQ

Risk Factors

• Virtual Meeting Format [low — operational]: The annual meeting will be held in a virtual format only, requiring shareholders to access it online.

Industry Context

Bank of the James Financial Group, Inc. operates within the commercial banking sector, providing financial services to individuals and businesses.

Regulatory Implications

This filing is a Schedule 14A (DEF 14A), a definitive proxy statement required by the SEC for companies soliciting shareholder votes.

What Investors Should Do

1. Review the proxy statement for details on proposals and voting procedures.
2. Ensure you have your control number ready for virtual meeting access.
3. Vote your shares via internet, phone, or mail before the meeting.

Key Dates

• 2024-05-21: Annual Meeting of Shareholders — Formal business, operational report, and Q&A session.
• 2024-04-08: Mailing of Proxy Materials — Shareholders begin receiving proxy information and voting instructions.

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) for the 2024 annual meeting, following the standard SEC filing requirements for such events.

Filing Documents

• botj-20240408xdef14a.htm (DEF 14A) — 530KB
• botj-20240408xdef14ag001.jpg (GRAPHIC) — 272KB
• botj-20240408xdef14ag002.jpg (GRAPHIC) — 60KB
• botj-20240408xdef14ag003.jpg (GRAPHIC) — 47KB
• 0001562762-24-000085.txt (&nbsp;) — 1052KB

: Gender Identity

Part I: Gender Identity Directors 2 11 &#xFEFF; Part II : Demographic Background African American or Black 0 1 White 2 10 In considering candidates for the board of directors, the Nominating Committee considers the entirety of each candidate &#x2019; s credentials in the context of these standards. With respect to the nomination of continuing directors for re-election, the individual &#x2019; s contributions to the board of directors are also considered. The Nominating Committee does not assign specific weights to particular criteria and no particular criterion is necessarily applicable to all prospective directors. Our board members bring a wealth of leadership experience, community ties, and knowledge of Region 2000 to the board of directors. In considering the directors &#x2019; and director nominees &#x2019; individual experience, qualifications, attributes and skills, the board has concluded that the appropriate experience, qualifications, attributes and skills are represented on the board as a whole and on each of the board &#x2019; s committees. The board has concluded that each director and nominee possesses the personal traits and characteristics described above. Each director has demonstrated business and financial acumen, an ability to exercise sound judgment, compatibility with other directors, as well as a commitment to service to Financial and our board. In addition to the information below regarding each director &#x2019; s and nominee &#x2019; s specific experience, qualifications, attributes and skills that led our board to the conclusion that he/she should serve as a director, we also believe that all of our directors and director nominees have a reputation for integrity, honesty, and adherence to high ethical standards. There are no family relationships among any directors, director nominees and executive officers. Clawback Policy Financial has adopted a clawback policy to ensure that executives are not unduly enric

View Full Filing

View this DEF 14A filing on SEC EDGAR