Northrim BanCorp Files 8-K on Shareholder Votes

TL;DR

NRIM filed an 8-K about shareholder votes. Standard corporate update.

AI Summary

Northrim BanCorp, Inc. filed an 8-K on May 24, 2024, reporting on matters submitted to a vote of security holders as of May 23, 2024. The filing details the company's corporate information, including its address in Anchorage, Alaska, and its IRS Employer Identification Number.

Why It Matters

This filing indicates that Northrim BanCorp, Inc. is engaging in formal processes involving its shareholders, which could relate to corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure regarding shareholder votes and does not appear to contain significant new financial or operational information.

Key Players & Entities

• NORTHRIM BANCORP INC (company) — Registrant
• May 24, 2024 (date) — Filing Date
• May 23, 2024 (date) — Earliest Event Reported Date
• 907- 562-0062 (phone_number) — Registrant's telephone number
• 0001163370-24-000028 (accession_number) — Filing Accession Number

FAQ

Filing Documents

• nrim-20240523.htm (8-K) — 53KB
• 0001163370-24-000028.txt ( ) — 170KB
• nrim-20240523.xsd (EX-101.SCH) — 2KB
• nrim-20240523_lab.xml (EX-101.LAB) — 21KB
• nrim-20240523_pre.xml (EX-101.PRE) — 12KB
• nrim-20240523_htm.xml (XML) — 2KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 23, 2024, Northrim BanCorp, Inc. (the "Company") held its 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). There were 5,499,578 shares outstanding and entitled to vote at the 2024 Annual Meeting; of those shares, 4,451,790 were present online or by proxy. The following matters were voted upon at the 2024 Annual Meeting: The election of 12 directors to serve on the Company's Board of Directors until the 2025 annual meeting of shareholders or until their successors have been elected and have qualified; The approval, by nonbinding vote, of the compensation of the Company's named executive officers; and The ratification of the selection of Moss Adams LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The following is a summary of the voting results for the matters voted upon by the shareholders: Election of Directors DIRECTOR FOR WITHHOLD VOTES CAST BROKER NONVOTES Anthony J. Drabek 3,761,572 89,834 3,851,406 600,384 Karl L. Hanneman 3,620,679 230,727 3,851,406 600,384 Michael G. Huston 3,812,198 39,208 3,851,406 600,384 David W. Karp 3,667,140 184,266 3,851,406 600,384 Joseph P. Marushack 3,666,905 184,501 3,851,406 600,384 David J. McCambridge 3,767,514 83,892 3,851,406 600,384 Krystal M. Nelson 3,799,320 52,086 3,851,406 600,384 Marilyn F. Romano 3,795,980 55,426 3,851,406 600,384 Joseph M. Schierhorn 3,771,055 80,351 3,851,406 600,384 Aaron M. Schutt 3,781,090 70,316 3,851,406 600,384 John C. Swalling 3,444,999 406,407 3,851,406 600,384 Linda C. Thomas 3,685,363 166,043 3,851,406 600,384 Advisory Vote (Nonbinding) on Executive Compensation FOR AGAINST ABSTAIN VOTES CAST BROKER NONVOTES 3,616,326 191,466 43,614 3,851,406 600,384 Ratification of Selection of Moss Adams LLP as the Company's Independent Registered Accounting Firm for Fiscal Year 2024 FOR AGAINST ABSTAIN VOTES CAST BROKER NONV

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. Northrim BanCorp, Inc. May 24, 2024 By: /s/ Jed W. Ballard Name: Jed W. Ballard Title: EVP, Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR