Citizens & Northern Corp Files 8-K on Shareholder Votes & Financials
Ticker: CZNC · Form: 8-K · Filed: Apr 30, 2024 · CIK: 810958
Sentiment: neutral
Topics: 8-K, corporate-governance, financials
TL;DR
CNB filed an 8-K: shareholder votes and financials updated as of 4/25.
AI Summary
Citizens & Northern Corporation filed an 8-K on April 30, 2024, reporting on matters submitted to a vote of security holders and financial statements as of April 25, 2024. The filing details the company's principal executive offices located at 90-92 Main Street, Wellsboro, Pennsylvania, 16901.
Why It Matters
This filing provides essential updates on corporate governance and financial status for Citizens & Northern Corporation, impacting investor understanding of the company's operations and shareholder decisions.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of corporate actions and financial information, not indicating any immediate operational or financial distress.
Key Numbers
- 20240425 — Report Date (Date of earliest event reported)
- 0-16084 — Commission File Number (SEC File Number for the registrant)
Key Players & Entities
- Citizens & Northern Corporation (company) — Registrant
- Pennsylvania (location) — State of incorporation
- Wellsboro (location) — City of principal executive offices
- 90-92 Main Street (address) — Principal executive offices
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the excerpt.
What is the primary business of Citizens & Northern Corp?
Citizens & Northern Corp is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.
When was the report filed with the SEC?
The report was filed on April 30, 2024.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the company's primary contact phone number?
The registrant's telephone number, including area code, is (570) 724-3411.
Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 13.4 · Accepted 2024-04-30 11:44:46
Key Financial Figures
- $1.0 — ch registered Common Stock, par value $1.0 per share CZNC Nasdaq Capital Marke
Filing Documents
- cznc-20240425x8k.htm (8-K) — 54KB
- 0001558370-24-006217.txt ( ) — 168KB
- cznc-20240425.xsd (EX-101.SCH) — 3KB
- cznc-20240425_lab.xml (EX-101.LAB) — 15KB
- cznc-20240425_pre.xml (EX-101.PRE) — 9KB
- cznc-20240425x8k_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 The Annual Meeting of Shareholders of Citizens & Northern Corporation was held virtually on Thursday, April 25, 2024. The Board of Directors fixed the close of business on February 6, 2024 as the record date for the determination of shareholders entitled to notice of and to vote at the Annual Meeting and at any adjournment thereof. On this record date, there were outstanding and entitled to vote 15,338,420 shares of Common Stock with three issues proposed for vote by the shareholders. A total of 10,491,842 shares of Common Stock were present or represented by proxy at the meeting. This represented approximately 68% of the Corporation's outstanding Common Stock. Proposal I - Election of Class I Directors Voting for the Class I Directors elected to serve for a term of three years is summarized as follows: Bobbi J. Kilmer Total Votes in Favor 5,641,266 Total Votes Withheld / Against 1,315,849 Broker Non-Votes 3,534,727 Terry L. Lehman Total Votes in Favor 6,586,613 Total Votes Withheld / Against 370,501 Broker Non-Votes 3,534,727 Robert G. Loughery Total Votes in Favor 5,520,846 Total Votes Withheld / Against 1,436,270 Broker Non-Votes 3,534,726 Frank G. Pellegrino Total Votes in Favor 6,629,302 Total Votes Withheld / Against 327,813 Broker Non-Votes 3,534,727 Proposal II – Approval and Adoption of the 2023 Compensation of the Named Executive Officers Voting on the requested approval and adoption of the 2023 compensation of the named executive officers as disclosed in the proxy statement was as follows: Total Votes in Favor 5,475,951 Total Votes Against 1,208,990 Total Abstained 273,934 Broker Non-Votes 3,532,967 Proposal III – Ratification of the appointment of the firm of Baker Tilly US, LLP as the Corporation's independent registered public accounting firm for the year ending December 31, 2024 Voting on the requested ratification of the appointment of the firm o
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
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. 6 CITIZENS & NORTHERN CORPORATION Dated: April 30, 2024 By: /s/ Mark A. Hughes Mark A. Hughes Treasurer and Chief Financial Officer