First Northern Community Bancorp Annual Meeting Set for May 13
Ticker: FNRN · Form: DEF 14A · Filed: Apr 10, 2025 · CIK: 1114927
| Field | Detail |
|---|---|
| Company | First Northern Community Bancorp (FNRN) |
| Form Type | DEF 14A |
| Filed Date | Apr 10, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-meeting, proxy-statement, stock-incentive-plan, auditor-ratification
TL;DR
FNBC annual meeting May 13 - vote on directors, new stock plans, and auditor.
AI Summary
First Northern Community Bancorp is holding its 2025 Annual Meeting of Shareholders on May 13, 2025, at 5:30 p.m. in Dixon, California. Key agenda items include electing ten director nominees, approving the 2026 Stock Incentive Plan and the 2026 Employee Stock Purchase Plan, and ratifying Moss Adams LLP as the independent auditor for fiscal year 2025.
Why It Matters
Shareholders will vote on critical matters including director elections and new stock incentive plans, which directly impact the company's governance and future equity compensation strategies.
Risk Assessment
Risk Level: low — This filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial risks indicated.
Key Numbers
- 10 — Director Nominees (Shareholders will elect these individuals to the Board of Directors.)
- 2026 — Stock Incentive Plan (New plan to replace the expiring 2016 plan.)
- 2026 — Employee Stock Purchase Plan (New plan to replace the expiring 2016 plan.)
Key Players & Entities
- First Northern Community Bancorp (company) — Filer of the DEF 14A
- May 13, 2025 (date) — Date of the Annual Meeting of Shareholders
- Dixon, California (location) — Location of the Annual Meeting of Shareholders
- Moss Adams LLP (company) — Proposed independent registered public accounting firm
- December 31, 2025 (date) — Fiscal year for which Moss Adams LLP is proposed as auditor
FAQ
When and where is the 2025 Annual Meeting of Shareholders?
The meeting is scheduled for Tuesday, May 13, 2025, at 5:30 p.m. local time, and will be held at First Northern Bank's Operations Center located at 210 Stratford Avenue in Dixon, California.
What are the main proposals to be voted on at the meeting?
Shareholders will vote on electing ten director nominees, approving the 2026 Stock Incentive Plan, approving the 2026 Employee Stock Purchase Plan, and ratifying the appointment of Moss Adams LLP as the independent auditor for fiscal year 2025.
What is the purpose of the 2026 Stock Incentive Plan?
The 2026 Stock Incentive Plan is proposed to replace the current 2016 Stock Incentive Plan, which is scheduled to expire in March 2026.
Who is proposed to be the independent registered public accounting firm for fiscal year 2025?
Moss Adams LLP has been proposed by the Audit Committee of the Board of Directors to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.
What is the expiration date of the current stock plans?
The current 2016 Stock Incentive Plan and the current 2016 Employee Stock Purchase Plan are both scheduled to expire in March 2026.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 10, 2025 regarding FIRST NORTHERN COMMUNITY BANCORP (FNRN).