Skyline Bankshares Reports Shareholder Vote Matters
Ticker: SLBK · Form: 8-K · Filed: May 23, 2024 · CIK: 1657642
| Field | Detail |
|---|---|
| Company | Skyline Bankshares, Inc. (SLBK) |
| Form Type | 8-K |
| Filed Date | May 23, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-event, filing-update
Related Tickers: SKYB
TL;DR
Skyline Bankshares (SKYB) filed an 8-K on shareholder vote matters from May 21st.
AI Summary
Skyline Bankshares, Inc. filed an 8-K on May 23, 2024, reporting on matters submitted to a vote of security holders on May 21, 2024. The filing indicates a change in the company's status or a significant corporate event requiring shareholder approval. The company, formerly known as Parkway Acquisition Corp., is incorporated in Virginia and operates in the commercial banking sector.
Why It Matters
This filing signals a significant corporate action or decision requiring shareholder approval, which could impact the company's future direction and shareholder value.
Risk Assessment
Risk Level: medium — Filings related to shareholder votes often indicate significant corporate events that can carry inherent risks and uncertainties.
Key Players & Entities
- Skyline Bankshares, Inc. (company) — Registrant
- May 21, 2024 (date) — Date of earliest event reported
- May 23, 2024 (date) — Filing date
- Parkway Acquisition Corp. (company) — Former company name
- Virginia (location) — State of incorporation
FAQ
What specific matters were submitted to a vote of Skyline Bankshares' security holders on May 21, 2024?
The filing states that matters were submitted to a vote of security holders on May 21, 2024, but does not specify the exact nature of these matters within the provided text.
When did Skyline Bankshares, Inc. officially become the company's name?
The filing indicates that the company was formerly known as Parkway Acquisition Corp. and the date of the name change was November 4, 2015.
What is the principal executive office address for Skyline Bankshares, Inc.?
The principal executive offices are located at 101 Jacksonville Circle, Floyd, Virginia 24091.
What is the IRS Employer Identification Number for Skyline Bankshares, Inc.?
The IRS Employer Identification Number for Skyline Bankshares, Inc. is 47-5486027.
What is the Standard Industrial Classification code for Skyline Bankshares, Inc.?
The Standard Industrial Classification code for Skyline Bankshares, Inc. is 6022, which corresponds to STATE COMMERCIAL BANKS.
Filing Stats: 551 words · 2 min read · ~2 pages · Grade level 9.1 · Accepted 2024-05-23 13:50:04
Filing Documents
- pkkw20240523_8k.htm (8-K) — 41KB
- 0001437749-24-018099.txt ( ) — 159KB
- slbk-20240521.xsd (EX-101.SCH) — 3KB
- slbk-20240521_def.xml (EX-101.DEF) — 10KB
- slbk-20240521_lab.xml (EX-101.LAB) — 14KB
- slbk-20240521_pre.xml (EX-101.PRE) — 10KB
- pkkw20240523_8k_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. Skyline Bankshares, Inc. (the "Company") held its annual meeting of shareholders on May 21, 2024 (the "Annual Meeting"). At the Annual Meeting, the shareholders of the Company (i) elected thirteen directors to serve for one-year terms and (ii) ratified the appointment of Elliott Davis, PLLC as the Company's independent registered public accounting firm for the year ending December 31, 2024. The voting results for each proposal are as follows: 1. To elect thirteen directors to serve for terms of one year each expiring at the 2025 Annual Meeting of Shareholders: For Withhold Broker Non-Votes Thomas M. Jackson, Jr. 2,800,586 243,350 868,366 W. David McNeill 2,782,058 261,878 868,366 Jacky K. Anderson 2,722,366 321,570 868,366 Dr. J. Howard Conduff, Jr. 2,740,099 303,837 868,366 Blake M. Edwards, Jr. 2,766,997 276,939 868,366 Bryan L. Edwards 2,821,576 222,360 868,366 T. Mauyer Gallimore 2,763,003 280,933 868,366 A. Melissa Gentry 2,799,265 244,671 868,366 R. Devereux Jarratt 2,761,692 282,244 868,366 Theresa S. Lazo 2,804,897 239,039 868,366 Frank A. Stewart 2,791,141 252,795 868,366 John Michael Turman 2,763,463 280,473 868,366 J. David Vaughan 2,813,512 230,424 868,366 2. To ratify the appointment of Elliott Davis, PLLC as the Company's independent registered public accounting firm for the year ending December 31, 2024: For Against Abstain 3,899,606 8,387 4,309
SIGNATURES
SIGNATURES 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. SKYLINE BANKSHARES, INC. (Registrant) Date: May 23, 2024 By: /s/ Blake M. Edwards Blake M. Edwards President and Chief Executive Officer