National Bancshares Files 8-K on Security Holder Votes
Ticker: NKSH · Form: 8-K · Filed: May 16, 2024 · CIK: 796534
| Field | Detail |
|---|---|
| Company | National Bankshares Inc (NKSH) |
| Form Type | 8-K |
| Filed Date | May 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: NKSH
TL;DR
NKSH filed an 8-K for a shareholder vote. Details TBD.
AI Summary
National Bancshares, Inc. filed an 8-K on May 16, 2024, to report on the submission of matters to a vote of security holders. The filing does not contain specific details about the matters voted upon or the outcome of any vote.
Why It Matters
This filing indicates that National Bancshares, Inc. has held or is holding a vote of its security holders, which is a standard corporate governance procedure.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not present immediate financial or operational risks.
Key Players & Entities
- NATIONAL BANKSHARES, INC. (company) — Registrant
- May 16, 2024 (date) — Date of Report
- Virginia (jurisdiction) — State of incorporation
- 101 Hubbard Street Blacksburg , VA 24060 (address) — Principal executive offices
FAQ
What specific matters were submitted for a vote of security holders?
The filing does not specify the exact matters submitted for a vote, only that such matters were presented.
When did the vote of security holders take place or is scheduled to take place?
The filing indicates the report date is May 16, 2024, and it pertains to the submission of matters to a vote, but does not provide a specific date for the vote itself.
What is the outcome of the vote of security holders?
The filing does not disclose the results or outcome of the vote.
Is this filing related to a specific corporate action like a merger or acquisition?
The filing states it is for 'Submission of Matters to a Vote of Security Holders' and does not explicitly mention a merger or acquisition.
Where can I find more detailed information about the matters voted upon?
Further details would typically be found in proxy statements or subsequent filings that report the results of the vote.
Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 8.5 · Accepted 2024-05-16 16:36:41
Filing Documents
- nksh20240515c_8k.htm (8-K) — 42KB
- 0001437749-24-017302.txt ( ) — 171KB
- nksh-20240516.xsd (EX-101.SCH) — 3KB
- nksh-20240516_def.xml (EX-101.DEF) — 11KB
- nksh-20240516_lab.xml (EX-101.LAB) — 15KB
- nksh-20240516_pre.xml (EX-101.PRE) — 11KB
- nksh20240515c_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 On May 14, 2024, National Bankshares, Inc. held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). A total of 5,893,782 shares of the Company's common stock were entitled to vote as of March 13, 2024, the record date for the Annual Meeting. There were 4,564,118 shares, or 77.44%, present at the Annual Meeting in person or by proxy which constituted a quorum, and the stockholders voted on five proposals. Proposal No. 1 – Vote on Directors The stockholders elected five Class 1 directors to serve a three-year term expiring at the Company's 2027 Annual Meeting of Stockholders. The results of the vote were as follows: For Withhold Broker Non-Votes Lawrence J. Ball 3,158,210 73,503 1,332,405 Michael E. Dye 3,158,571 73,142 1,332,405 Mary G. Miller 3,145,034 86,679 1,332,405 Lara E. Ramsey 3,148,294 83,419 1,332,405 Glenn P. Reynolds 3,147,187 84,526 1,332,405 Proposal No. 2 – Vote on Director The stockholders elected one Class 3 director to serve a two year term expiring at the Company's 2026 Annual Meeting of Stockholders. The results of the vote were as follows: For Withhold Broker Non-Votes Lutheria H. Smith 3,132,260 99,452 1,332,405 The terms of office of the following directors who did not stand for re-election continued after the Annual Meeting: F. Brad Denardo, John E. Dooley, Norman V. Fitzwater III, Charles E. Green, III, Mildred R. Johnson, William A. Peery and James C. Thompson. Proposal No. 3 – Advisory (Non-Binding) Vote to Approve Executive Compensation The stockholders approved a (non-binding) advisory vote to approve the compensation of the named executive officers. The results of the vote were as follows: For Against Abstain Broker Non-Votes 3,041,016 146,658 44,039 1,332,405 Proposal No. 4 – Ratification of the selection of Yount, Hyde & Barbour, P.C. as the Company ' s independent registered public accounting firm for 2024. The