Farmers & Merchants Bancshares Files 8-K on Shareholder Votes
Ticker: FMFG · Form: 8-K · Filed: Apr 24, 2024 · CIK: 1698022
| Field | Detail |
|---|---|
| Company | Farmers & Merchants Bancshares, INC. (FMFG) |
| Form Type | 8-K |
| Filed Date | Apr 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, 8-k
TL;DR
FMBH held a shareholder vote on 4/23. Standard corporate governance.
AI Summary
Farmers & Merchants Bancshares, Inc. filed an 8-K on April 24, 2024, reporting on matters submitted to a vote of security holders as of April 23, 2024. The filing details the company's corporate information, including its state of incorporation (Maryland), fiscal year end (December 31), and principal executive offices located in Hampstead, MD.
Why It Matters
This filing indicates that Farmers & Merchants Bancshares, Inc. held a vote of its security holders, which is a standard corporate governance event that shareholders should be aware of.
Risk Assessment
Risk Level: low — The filing is a routine 8-K reporting a shareholder vote, with no indication of unusual or negative events.
Key Numbers
- 20240423 — Date of earliest event reported (Date of shareholder vote)
- 20240424 — Filing Date (Date the 8-K was submitted)
Key Players & Entities
- Farmers & Merchants Bancshares, Inc. (company) — Registrant
- Maryland (location) — State of incorporation
- Hampstead, MD (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of security holders?
The filing does not specify the exact matters voted upon, only that 'Submission of Matters to a Vote of Security Holders' is the item information.
When was the shareholder vote held?
The earliest event reported, which corresponds to the date of the shareholder vote, was April 23, 2024.
What is the principal business address of Farmers & Merchants Bancshares, Inc.?
The principal executive offices are located at 4510 Lower Beckleysville Road, Suite H, Hampstead, MD 21074.
In which state is Farmers & Merchants Bancshares, Inc. incorporated?
The company is incorporated in Maryland.
What is the IRS Employer Identification Number for Farmers & Merchants Bancshares, Inc.?
The IRS Employer Identification Number is 81-3605835.
Filing Stats: 675 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-04-24 13:56:55
Filing Documents
- fmfg20240424_8k.htm (8-K) — 49KB
- 0001437749-24-012975.txt ( ) — 168KB
- fmfg-20240423.xsd (EX-101.SCH) — 3KB
- fmfg-20240423_def.xml (EX-101.DEF) — 10KB
- fmfg-20240423_lab.xml (EX-101.LAB) — 14KB
- fmfg-20240423_pre.xml (EX-101.PRE) — 10KB
- fmfg20240424_8k_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. (a) and (b) Voting Results. At the annual meeting of stockholders of Farmers and Merchants Bancshares, Inc. (the "Company") held on April 23, 2024, the stockholders voted on the four proposals set forth below. These proposals were submitted to a vote through the solicitation of proxies. The results of the votes are set forth below. Proposal 1 – Election of four nominees to serve on the Company's Board of Directors until the earlier of (a) the annual meeting of stockholders when his or her term expires and until his or her successor is duly elected and qualifies, (b) he or she is removed in accordance with the Amended and Restated Bylaws (the "Bylaws"), and (c) the time that he or she fails to qualify to serve as a director as provided in the Bylaws: Term Expires For Withheld Broker Non-Votes James R. Bosley, Jr. 2028 1,585,499 91,618 237,426 Ronald W. Hux 2028 1,583,072 94,045 237,426 Emily B. Miller 2028 1,476,545 200,572 237,426 Robert G. Pollokoff 2026 1,473,994 203,123 237,426 Proposal 2 – Adoption of a non-binding advisory resolution approving the compensation paid to the Company's named executive officers in 2023 (the "Say-on-Pay Vote"): For Against Abstain Broker Non-Votes 1,368,787 224,196 84,134 237,426 Proposal 3 – Recommendation, by non-binding advisory vote, of the frequency of future Say-on-Pay Votes (every 1 year, every 2 years, or every 3 years): 1 Year 2 Years 3 Years Abstain Broker Non-Votes 400,231 1,116,350 73,559 86,977 237,426 Proposal 4 – Ratification of the Appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for 2024: For Against Abstain Broker Non-Votes 1,865,024 4,372 45,147 - (d) Frequency of Future Say-on-Pay Votes. After considering the voting results with respect to Proposal 3 discussed above, the Company's Board of Directors has decide
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. FARMERS AND MERCHANTS BANCSHARES, INC. Dated: April 24, 2024 By: /s/ Gary A. Harris Gary A. Harris President & CEO