SmartFinancial Reports on Shareholder Vote
Ticker: SMBK · Form: 8-K · Filed: May 28, 2024 · CIK: 1038773
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
TL;DR
SMARTFINANCIAL shareholders voted on key company matters on May 23rd.
AI Summary
SmartFinancial, Inc. filed an 8-K on May 28, 2024, reporting on matters submitted to a vote of security holders on May 23, 2024. The filing details the company's corporate actions and governance decisions.
Why It Matters
This filing provides transparency on key decisions made by SmartFinancial's shareholders, impacting the company's direction and governance.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of shareholder voting matters and does not indicate any immediate financial or operational risks.
Key Players & Entities
- SMARTFINANCIAL INC. (company) — Registrant
- May 23, 2024 (date) — Date of earliest event reported
- May 28, 2024 (date) — Date of report
- Tennessee (location) — State of incorporation
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders on May 23, 2024, but the specific details of these matters are not provided in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 23, 2024.
What is the exact name of the registrant?
The exact name of the registrant is SMARTFINANCIAL, INC.
In which state was SMARTFINANCIAL INC. incorporated?
SMARTFINANCIAL INC. was incorporated in Tennessee.
What is the Commission File Number for SMARTFINANCIAL INC.?
The Commission File Number for SMARTFINANCIAL INC. is 001-37661.
Filing Stats: 746 words · 3 min read · ~2 pages · Grade level 9.1 · Accepted 2024-05-28 17:00:17
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 per share SMBK The New York Stock E
Filing Documents
- smbk-20240523x8k.htm (8-K) — 61KB
- 0001558370-24-008687.txt ( ) — 179KB
- smbk-20240523.xsd (EX-101.SCH) — 3KB
- smbk-20240523_lab.xml (EX-101.LAB) — 16KB
- smbk-20240523_pre.xml (EX-101.PRE) — 10KB
- smbk-20240523x8k_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The 2024 annual meeting of shareholders (the " Annual Meeting ") of SmartFinancial, Inc. (the " Company ") was held on May 23, 2024. Of the 17,056,704 shares of common stock of the Company outstanding as of the record date for the Annual Meeting, 13,824,873 shares, or 81.05%, were present at the meeting in person or by proxy. At the Annual Meeting, Cathy G. Ackermann, Victor L. Barrett, William ("Billy") Y. Carroll, Jr., William ("Bill") Y. Carroll, Sr., Ted C. Miller, David A. Ogle, John M. Presley, Steven B. Tucker, Wesley M. ("Miller") Welborn, Keith E. Whaley, O.D., and Geoffrey A. Wolpert were elected as directors of the Company, to serve in such capacity until the 2025 annual meeting of Company shareholders. Additionally, at the Annual Meeting, the Company's shareholders ratified the appointment of FORVIS, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The shareholders also ratified the proposal to approve, on a non-binding advisory basis, the compensation of SmartFinancial's named executive officers. The final voting results for each proposal put to a vote at the Annual Meeting, all of which proposals were described in the Proxy Statement, are set forth below. Proposal 1: Election of Directors. The Company's shareholders elected each director nominee by the vote indicated for each such nominee below: NAME VOTES FOR VOTES WITHHELD BROKER NON-VOTES Cathy G. Ackermann 10,795,194 491,327 2,538,352 Victor L. Barrett 9,053,847 2,232,674 2,538,352 William ("Billy") Y. Carroll Jr. 10,645,789 640,732 2,538,352 William ("Bill") Y. Carroll Sr. 10,616,291 670,230 2,538,352 Ted C. Miller 10,594,562 691,959 2,538,352 David A. Ogle 7,779,479 3,507,042 2,538,352 John Presley 10,370,065 916,456 2,538,352 Steven B. Tucker 9,132,816 2,153,705 2,538,352 Wesley M. ("Miller") Welborn
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. SMARTFINANCIAL, INC. Date: May 28, 2024 By: /s/ William Y. Carroll, Jr. Name: William Y. Carroll, Jr. Title: President & Chief Executive Officer