Fidelity D & D Bancorp Inc. Files DEF 14A for 2024 Annual Meeting

TL;DR

<b>Fidelity D & D Bancorp Inc. has filed its DEF 14A, detailing executive compensation and corporate governance for its 2024 annual meeting.</b>

AI Summary

FIDELITY D & D BANCORP INC (FDBC) filed a Proxy Statement (DEF 14A) with the SEC on March 27, 2024. Fidelity D & D Bancorp Inc. filed a DEF 14A form on March 27, 2024. The filing pertains to the company's 2024 annual meeting, with a report period ending May 7, 2024. The company is incorporated in Pennsylvania (PA) and operates under SIC code 6021 (National Commercial Banks). The filing includes detailed information on executive compensation and changes in the fair value of awards. Key dates and financial adjustments related to executive compensation are outlined for fiscal years 2021, 2022, and 2023.

Why It Matters

For investors and stakeholders tracking FIDELITY D & D BANCORP INC, this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding executive compensation, stock performance, and voting matters ahead of the annual meeting. Understanding the details of executive compensation and award valuations can offer insights into management's performance and the company's financial health.

Risk Assessment

Risk Level: low — FIDELITY D & D BANCORP INC shows low risk based on this filing. The filing is a standard DEF 14A, which is routine for public companies and does not contain significant new financial or operational data that would indicate high risk.

Analyst Insight

Shareholders should review the executive compensation details and voting proposals to make informed decisions at the upcoming annual meeting.

Key Numbers

• 2024-03-27 — Filing Date (DEF 14A filing date)
• 2024-05-07 — Report Period End Date (Conformed period of report)
• 1231 — Fiscal Year End (Company's fiscal year end)
• 2021-01-01 to 2023-12-31 — Reporting Years for Compensation Data (Years covered by executive compensation adjustments)

Key Players & Entities

• FIDELITY D & D BANCORP INC (company) — Filer name
• FDBC (company) — Ticker symbol
• DEF 14A (regulator) — Form type
• 2024-03-27 (date) — Filing date
• 2024-05-07 (date) — Report period end date
• PA (location) — State of incorporation
• 6021 (industry) — Standard Industrial Classification

FAQ

Industry Context

Fidelity D & D Bancorp Inc. operates within the National Commercial Banks industry (SIC 6021).

Regulatory Implications

As a publicly traded company, Fidelity D & D Bancorp Inc. is subject to SEC regulations for filings like the DEF 14A.

What Investors Should Do

1. Review the proxy statement for details on executive compensation and any proposed shareholder actions.
2. Understand the voting procedures and deadlines for the upcoming annual meeting.
3. Assess any changes in corporate governance or board composition outlined in the filing.

Key Dates

• 2024-03-27: Filing of DEF 14A — Provides details on executive compensation and annual meeting matters.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for annual meetings and does not represent a change from previous filings in terms of its nature.

Filing Documents

• fdbc20240320_def14a.htm (DEF 14A) — 540KB
• nacard1.jpg (GRAPHIC) — 183KB
• nacard2.jpg (GRAPHIC) — 105KB
• picture1.jpg (GRAPHIC) — 8KB
• 0001437749-24-009504.txt (&nbsp;) — 1783KB
• fdbc-20231231.xsd (EX-101.SCH) — 7KB
• fdbc-20231231_def.xml (EX-101.DEF) — 9KB
• fdbc-20231231_lab.xml (EX-101.LAB) — 17KB
• fdbc-20231231_pre.xml (EX-101.PRE) — 8KB
• fdbc20240320_def14a_htm.xml (XML) — 74KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 19 PAY VS. PERFORMANCE 24 SUMMARY COMPENSATION TABLE 25 EQUITY COMPENSATION PLAN INFORMATION 26 NONQUALIFIED DEFERRED COMPENSATION 27 POTENTIAL PAYMENTS UPON TERMINATION 28 COMPENSATION OF DIRECTORS 30 RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PROPOSAL NO. 2) 31 OTHER MATTERS THAT MAY COME BEFORE THE ANNUAL MEETING 33 ADDITIONAL INFORMATION 33 Table of Contents NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 7, 2024 TO THE SHAREHOLDERS OF FIDELITY D & D BANCORP, INC.: NOTICE IS HEREBY GIVEN that Fidelity D & D Bancorp, Inc. will hold its Annual Meeting of Shareholders on Tuesday, May 7, 2024 at 3:00 p.m., Eastern Daylight Time, at the main office of Fidelity D & D Bancorp, Inc., at Blakely and Drinker Streets, Dunmore, Pennsylvania 18512 to consider and vote upon the following proposals: (1) to elect three (3) Class A directors to serve for a three-year term and until their successors are elected and qualified; (2) to ratify the selection of an independent registered public accounting firm for the Corporation for the year ending December 31, 2024; and (3) to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof. Shareholders of record at the close of business on March 13, 2024, are entitled to notice of the meeting and may vote at the annual meeting or by proxy. Management welcomes your attendance at the annual meeting. We ask you to promptly fill out the proxy by the following means: online, by telephone, or sign, date and return in the accompanying postage-paid envelope. The prompt return of your proxy will save expenses involved in further communications. Even if you return a proxy, you may vote in person if you give written notice to the Secretary of the Company and attend the annual meeting. Promptly returning your completed proxy will ensure that your shares are voted in accordance wi

View Full Filing

View this DEF 14A filing on SEC EDGAR