ENB Financial Corp Proxy Supplement Filed

TL;DR

ENB Financial Corp dropped a proxy supplement for their May 7th shareholder meeting.

AI Summary

ENB Financial Corp is filing an amendment and supplement to its proxy statement for the Annual Meeting of Shareholders scheduled for May 7, 2024. The filing, dated April 9, 2024, provides additional materials related to the meeting. ENB Financial Corp is a national commercial bank incorporated in Pennsylvania.

Why It Matters

This filing provides updated information for shareholders ahead of the annual meeting, ensuring they have the latest details for voting on important company matters.

Risk Assessment

Risk Level: low — This is a routine administrative filing related to a shareholder meeting, not indicating significant financial or operational changes.

Key Players & Entities

• ENB Financial Corp (company) — Registrant
• May 7, 2024 (date) — Annual Meeting Date
• April 9, 2024 (date) — Filing Date
• PA (location) — State of Incorporation

FAQ

Key Financial Figures

• $100 — NEOs ($) Value of Initial Fixed $100 Investment Based On Total Shareh
• $561,418 — 021 Summary Compensation Table Total $561,418 $514,573 $449,706 Adjustments: Le
• $514,573 — ary Compensation Table Total $561,418 $514,573 $449,706 Adjustments: Less: amount
• $449,706 — sation Table Total $561,418 $514,573 $449,706 Adjustments: Less: amounts reported
• $19,505 — umn in the Summary Compensation Table $19,505 Plus: fair value of awards granted du
• $18,576 — r that remain unvested as of year end $18,576 Change in fair value from prior year
• $559,309 — of award Compensation Actually Paid $559,309 $513,644 $449,706 Page 2 of 3 The
• $513,644 — Compensation Actually Paid $559,309 $513,644 $449,706 Page 2 of 3 The following

Filing Documents

• defa14a-32013_enbf.htm (DEFA14A) — 48KB
• 0001174947-24-000532.txt ( ) — 49KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. |_|) Filed by the Registrant |X| Filed by a Party other than the Registrant |_| Check the Appropriate Box: |_| Preliminary Proxy Statement |_| Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |_| Definitive Proxy Statement |X| Definitive Additional Materials |_| Soliciting Material Under Rule 14a-12 ENB Financial Corp (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): |X| No fee required |_| Fee paid previously with preliminary materials. |_| Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 ENB FINANCIAL CORP AMENDMENT AND SUPPLEMENT TO THE PROXY STATEMENT For the Annual Meeting of Shareholders to be held on Tuesday, May 7, 2024 On April 9, 2024, ENB Financial Corp (the “Company”) filed a definitive proxy statement (the “Proxy Statement”) with the Securities and Exchange Commission (“SEC”), which was distributed in connection with the Company’s Annual Meeting of Shareholders to be held on May 7, 2024 (the “Annual Meeting”). The Company is providing this supplement (the “Supplement”) to correct a dollar amount in the information contained in the Proxy Statement relating to the Summary Compensation Table and the subsequent calculated Pay versus Performance Table. The following section and chart from page 20 of the Proxy Statement, which is included in the section of the Proxy Statement titled “SUMMARY COMPENSATION TABLE”, is amended and restated in its entirety as follows: SUMMARY COMPENSATION TABLE Nonequity All Name and Incentive Plan Stock Other Total Principal Position Year Salary Compensation Awards Compensation Compensation ($)(1) ($)(2) ($)(3) ($)(4) ($)(5) Jeffrey S. Stauffer 2023 386,737 -- -- 35,952 422,689 Chairman of the Board, President and CEO 2022 360,400 77,771 43,260 40,969 522,400 Chad E. Neiss 2023 290,033 (7) 484,519 (6) -- 28,303 802,855 Senior Executive Vice President, 2022 150,000 507,664 (6) 15,002 32,448 705,114 Chief Strategy Officer Interim Chief Operating Officer Head of Mortgage Division William J. Kitsch, IV 2023 270,461 26,655 -- 22,865 319,981 Senior Executive Vice President, 2022 240,000 40,045 24,007 19,980 324,032 Chief Revenue Officer Summary Compensation Table Key (1) Base Salary. (2) Represents amounts paid in accordance with the annual incentive plan described herein which is earned in 2023 but paid in 2024, an annual performance bonus, and any other service award, position related commission and incentive payments, if applicable. Page 1 of 3 (3) The amounts in this column represent the grant date fair value of equity awards in the year granted, in accordance with FASB ASC Topic 718. Stock awards consisted of grants of restricted stock units. (4) All Other Compensation includes Total Other Earnings in the OTHER COMPENSATION TABLE on page 21 and Total Contributions on the DEFINED CONTRIBUTION PROFIT SHARING PLAN TABLE on page 23. (5) Total of (1) through (4). (6) Head of Mortgage Division earned nonequity incentive plan compensation for both 2022 and 2023 is inclusive of Senior Residential Mortgage Executive Incentive Plan providing for quarterly incentive and monthly commission payments. (7) Base Salary is inclusive of compensation for Interim Chief Operating Officer position during 2023. The following section and chart from page 25 of the Proxy Statement, which is included in the section of the Proxy Statement titled “PAY VERSUS PERFORMANCE TABLE”, is amended and restated in its entirety as follows: PAY VERSUS PERFORMANCE TABLE Year Summary Compensation Table Total for PEO ($) Compensation Actually Paid to PEO ($) Average Summary Compensation Table Total for Non-PEO NEOs ($) Average Compensation Actually Paid to Non-PEO NEOs ($) Value of Initial Fixed $100 Investment Based On Total Shareholder Return ($) Net Income ($) (a) (b) (c) (d) (e) (f) (g) 2023 422,689 417,771 561,418 559,309 96.44 12,375,000 2022 522,400 520,340 514,573 513,644 76.87 14,631,000 2021 386,313 386,313 449,706 449,706 120.27 14,916,000 Column (e). Average compensation actually paid to the Other NEOs as calculated in each year reflects the respective amounts set forth in column (d) of the table above, adjusted as set forth in the table below, as determined in accordance with SEC rules. 2023 2022 2021 Summary Compen

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