NSTS Bancorp Reports on Shareholder Vote

TL;DR

NSTS Bancorp held a shareholder vote on May 22nd, details filed today.

AI Summary

NSTS Bancorp, Inc. filed an 8-K on May 24, 2024, reporting on a matter submitted to a vote of security holders on May 22, 2024. The filing details the company's principal executive offices located at 700 S. Lewis Avenue, Waukegan, Illinois, 60085.

Why It Matters

This filing indicates a significant corporate event involving shareholder decisions, which could impact the company's future direction and governance.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not contain information about significant financial distress or operational changes.

Key Players & Entities

• NSTS Bancorp, Inc. (company) — Registrant
• May 22, 2024 (date) — Date of earliest event reported
• May 24, 2024 (date) — Date of report
• 700 S. Lewis Avenue (location) — Principal Executive Offices
• Waukegan, Illinois (location) — Principal Executive Offices
• 60085 (location) — Zip Code of Principal Executive Offices

FAQ

Filing Documents

• nsts20240521_8k.htm (8-K) — 31KB
• 0001437749-24-018330.txt ( ) — 164KB
• noticker-20240522.xsd (EX-101.SCH) — 3KB
• noticker-20240522_def.xml (EX-101.DEF) — 12KB
• noticker-20240522_lab.xml (EX-101.LAB) — 15KB
• noticker-20240522_pre.xml (EX-101.PRE) — 12KB
• nsts20240521_8k_htm.xml (XML) — 3KB

07

Item 5.07. Submission of Matters to a Vote of Security Holders. An annual meeting of stockholders (the "Annual Meeting") of NSTS Bancorp, Inc. (the "Company") was held on May 22, 2024. A total of 3,787,490 shares of the Company's common stock were present or represented by proxy at the Annual Meeting. This represented 71.26% of the Company's shares of common stock that were outstanding and entitled to vote at the Annual Meeting. Two proposals were presented to the Company's stockholders at the Annual Meeting, which are described in detail in the Company's 2024 Proxy Statement. The final results of the stockholder vote on each of the proposals presented at the meeting are as follows: PROPOSAL 1: Election of Directors. The election of two (2) director nominees to each serve for a term of three years expiring at the Company's 2027 Annual Meeting, or until their successors are duly elected and qualified: NAME OF DIRECTOR NOMINEE FOR WITHHELD BROKER NON-VOTES Stephen G. Lear 2,229,239 140,465 1,417,786 Thaddeus M. Bond, Jr. 1,749,955 619,749 1,417,786 PROPOSAL 2: Ratify Appointment of Plante & Moran, PLLC. The ratification of the appointment of Plante & Moran, PLLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024: FOR AGAINST ABSTAIN BROKER NON-VOTES 3,667,404 108,574 11,512 0 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NSTS Bancorp, Inc. Date: May 24, 2024 By: /s/ Stephen G. Lear Name: Stephen G. Lear Title: President and Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR