Community Bancorp./VT Reports Board and Officer Changes
Ticker: CMTV · Form: 8-K · Filed: Dec 30, 2024 · CIK: 718413
| Field | Detail |
|---|---|
| Company | Community Bancorp /Vt (CMTV) |
| Form Type | 8-K |
| Filed Date | Dec 30, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-changes, officer-appointments
TL;DR
Board shakeup at Community Bancorp./VT, new directors in, old ones out.
AI Summary
Community Bancorp./VT announced on December 23, 2024, changes in its board and officer appointments. Specifically, the company reported the departure of a director and the election of new directors, along with adjustments to certain officer positions and compensatory arrangements. The filing details these changes as of December 23, 2024.
Why It Matters
Changes in a company's board of directors and key officers can signal shifts in strategy, governance, or operational focus, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: medium — Changes in leadership and governance can introduce uncertainty and potential strategic shifts, which may affect the company's stability and future prospects.
Key Players & Entities
- Community Bancorp./VT (company) — Registrant
- December 23, 2024 (date) — Date of Report
- Vermont (location) — State of Incorporation
FAQ
What specific changes were made to the board of directors?
The filing indicates the departure of a director and the election of new directors, though specific names are not detailed in the provided text.
Were there any changes to officer positions?
Yes, the filing mentions appointment of certain officers and adjustments to compensatory arrangements for officers.
What is the reporting date for these changes?
The report is dated December 23, 2024, and the date of the earliest event reported is also December 23, 2024.
What is the principal executive office address of Community Bancorp./VT?
The principal executive offices are located at 4811 US Route 5, Derby, Vermont 05829.
What is the SIC code for Community Bancorp./VT?
The Standard Industrial Classification (SIC) code is 6021, which corresponds to NATIONAL COMMERCIAL BANKS.
Filing Stats: 498 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-12-30 15:50:38
Filing Documents
- cmtv_8k.htm (8-K) — 19KB
- cmtv_ex991.htm (EX-99.1) — 5KB
- cmtv_8kimg1.jpg (GRAPHIC) — 8KB
- 0001654954-24-015971.txt ( ) — 153KB
- cmtv-20241223.xsd (EX-101.SCH) — 6KB
- cmtv-20241223_lab.xml (EX-101.LAB) — 12KB
- cmtv-20241223_cal.xml (EX-101.CAL) — 1KB
- cmtv-20241223_pre.xml (EX-101.PRE) — 8KB
- cmtv-20241223_def.xml (EX-101.DEF) — 2KB
- cmtv_8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES 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. COMMUNITY BANCORP. DATED: December 30, 2024 /s/ Kathryn M. Austin Kathryn M. Austin, President & Chief Executive Officer 3