First Community Bankshares Holds Annual Shareholder Meeting
Ticker: FCBC · Form: 8-K · Filed: Apr 29, 2024 · CIK: 859070
Sentiment: neutral
Topics: shareholder-meeting, governance, annual-meeting
Related Tickers: FCBC
TL;DR
FCBC shareholders met April 23rd to elect directors & approve auditors. Routine stuff.
AI Summary
On April 23, 2024, First Community Bankshares, Inc. (FCBC) held its annual meeting of shareholders. During this meeting, shareholders voted on the election of directors and the ratification of the appointment of the independent registered public accounting firm for the fiscal year ending December 31, 2024. The company is headquartered in Bluefield, Virginia.
Why It Matters
This filing confirms the routine governance activities of First Community Bankshares, Inc., including shareholder votes on key corporate matters.
Risk Assessment
Risk Level: low — The filing reports on standard annual shareholder meeting procedures, which typically carry low inherent risk.
Key Players & Entities
- FIRST COMMUNITY BANKSHARES, INC. (company) — Registrant
- April 23, 2024 (date) — Date of earliest event reported
- Bluefield, Virginia (location) — Principal executive offices
- December 31, 2024 (date) — Fiscal year end
FAQ
What was the primary purpose of the Form 8-K filing?
The Form 8-K was filed to report on the matters submitted to a vote of security holders at the annual meeting held on April 23, 2024.
When was the earliest event reported in this filing?
The earliest event reported was on April 23, 2024.
What are the principal executive offices of First Community Bankshares, Inc.?
The principal executive offices are located at P.O. Box 989, Bluefield, Virginia, 24605-0989.
What specific items were voted on by shareholders at the meeting?
Shareholders voted on the election of directors and the ratification of the appointment of the independent registered public accounting firm.
For which fiscal year was the independent registered public accounting firm appointed?
The independent registered public accounting firm was appointed for the fiscal year ending December 31, 2024.
Filing Stats: 578 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-04-29 14:51:13
Key Financial Figures
- $1.00 — nge on which registered Common Stock ($1.00 par value) FCBC NASDAQ Global Selec
Filing Documents
- fcbc20240429_8k.htm (8-K) — 49KB
- 0001437749-24-013646.txt ( ) — 178KB
- fcbc-20240423.xsd (EX-101.SCH) — 3KB
- fcbc-20240423_def.xml (EX-101.DEF) — 11KB
- fcbc-20240423_lab.xml (EX-101.LAB) — 15KB
- fcbc-20240423_pre.xml (EX-101.PRE) — 11KB
- fcbc20240429_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 April 23, 2024, First Community Bankshares, Inc. (the "Company") held its annual shareholders' meeting. As of February 26, 2024, there were 18,487,596 issued and outstanding shares of Common Stock. A total of 14,455,162.26 shares of common stock were voted in person or by proxy, representing 78.19% of the shares entitled to be voted. At the meeting, the Company's shareholders: (i) elected the persons listed below under Proposal 1 to serve as directors of the Company for a term that will continue until the 2027 annual meeting of shareholders; (ii) approved under Proposal 2, the non-binding, advisory vote on executive compensation; and (iii) ratified under Proposal 3, the appointment of Crowe LLP as the Company's independent registered public accounting firm for 2024. The following tables summarize voting results by the Company's shareholders. Proposal 1: To elect two (3) directors to serve as members of the Board of Directors Class of 2027. Nominee Votes For Votes Withheld Abstentions Broker Non-Votes C. William Davis 10,595,854 736,062 - 3,123,246 Harriet B. Price 8,714,204 2,617,712 - 3,123,246 William P. Stafford, II 11,095,179 236,737 - 3,123,246 Proposal 2: Non-binding, advisory vote on executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 11,066,203 177,872 87,841 3,123,246 Proposal 3: To ratify the appointment of Crowe LLP as the Company ' s independent registered public accounting firm. Votes For Votes Against Abstentions Broker Non-Votes 13,919,664 487,728 47,770 -
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. FIRST COMMUNITY BANKSHARES, INC. Date: April 29, 2024 By: /s/ David D. Brown David D. Brown Chief Financial Officer