First Community Corp Files 8-K on Shareholder Vote Matters

Ticker: FCCO · Form: 8-K · Filed: 2024-05-23T00:00:00.000Z

Sentiment: neutral

Topics: shareholder-vote, corporate-governance

Related Tickers: FCCO

TL;DR

FCCO filed an 8-K for a shareholder vote - details TBD.

AI Summary

On May 22, 2024, First Community Corporation (FCCO) filed an 8-K report indicating a submission of matters to a vote of security holders. The filing does not contain specific details about the matters to be voted on or any financial figures related to this event.

Why It Matters

This filing signals that important corporate decisions are being put before shareholders for approval, which could impact the company's future direction.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial risks or significant operational changes.

Key Players & Entities

FAQ

What specific matters are being submitted for a vote of security holders?

The filing does not specify the exact matters to be voted on, only that such a submission is occurring.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on May 22, 2024.

What is the principal executive office address for First Community Corporation?

The principal executive offices are located at 5455 Sunset Blvd, Lexington, South Carolina 29072.

What is the SIC code for First Community Corporation?

The Standard Industrial Classification (SIC) code is 6022 for State Commercial Banks.

What is the Commission File Number for First Community Corporation?

The Commission File Number is 000-28344.

Filing Stats: 694 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-05-23 11:20:18

Key Financial Figures

Filing Documents

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. The annual meeting of shareholders (the "Annual Meeting") of First Community Corporation (the "Corporation") was held on May 22, 2024 at 11:00 a.m. at the Corporation's principal executive office located at 5455 Sunset Boulevard, Lexington, South Carolina 29072. Of the 7,629,005 shares of the Corporation's common stock outstanding as of the record date of the Annual Meeting, there were present in person or by proxy 5,898,371 shares, representing approximately 77.31% of the total outstanding eligible votes. At the Annual Meeting, the shareholders of the Corporation: (1) elected four Class III members to the Corporation's Board of Directors to serve a term expiring in 2027; (2) approved an advisory resolution to approve the compensation of the Corporation's named executive officers; and (3) ratified the appointment of Elliott Davis, LLC as the Corporation's independent registered public accountants for the fiscal year ending December 31, 2024. The final results of voting on each of the matters submitted to a vote of shareholders during the Annual Meeting are as follows: 1. To elect four Class III members of the Board of Directors to serve a three-year term expiring at the 2027 annual meeting of shareholders or until their respective successors are duly elected and qualified: Class III: For Withheld Broker Non-Vote C. Jimmy Chao 4,272,427 390,082 1,235,862 Ray E. Jones 4,497,071 165,438 1,235,862 E. Leland Reynolds 4,486,210 176,299 1,235,862 Alexander Snipe, Jr. 4,147,116 515,393 1,235,862 The other directors that continued in office after the Annual Meeting are as follows: Class I: Class II: Michael C. Crapps Thomas C. Brown Jan H. Hollar W. James Kitchens, Jr. Mickey E. Layden Roderick M. Todd, Jr. Jane S. Sosebee 2. A non-binding, advisory vote, to approve the compensation of the Corporation's named executive officers (the "say-on-pay" vote): For Against A

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 CORPORATION By: /s/ D. Shawn Jordan Name: D. Shawn Jordan Title: Chief Financial Officer Dated: May 23, 2024

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