Consumers Bancorp Reports Director, Officer, and Shareholder Matters

Ticker: CBKM · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1006830

Sentiment: neutral

Topics: governance, officer-changes, director-changes, shareholder-vote

TL;DR

Consumers Bancorp filed an 8-K detailing changes in directors/officers and shareholder votes.

AI Summary

Consumers Bancorp, Inc. (OH) filed an 8-K on October 28, 2024, reporting on events that occurred on October 24, 2024. The filing indicates changes related to directors and officers, including their election and appointment, as well as compensatory arrangements. It also covers the submission of matters to a vote of security holders.

Why It Matters

This filing provides updates on the governance and operational structure of Consumers Bancorp, Inc., which can impact investor confidence and strategic direction.

Risk Assessment

Risk Level: low — The filing reports on routine corporate governance matters and does not indicate any significant financial distress or unexpected events.

Key Players & Entities

FAQ

What specific changes were made regarding directors or officers?

The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" and "Compensatory Arrangements of Certain Officers," but the specific details of these changes are not provided in this summary section of the 8-K.

What matters were submitted to a vote of security holders?

The filing states "Submission of Matters to a Vote of Security Holders" as an item, but the specific proposals or resolutions are not detailed in this overview.

When did the earliest reported event occur?

The earliest event reported in the filing occurred on October 24, 2024.

What is the primary business of Consumers Bancorp, Inc.?

Consumers Bancorp, Inc. is classified under "NATIONAL COMMERCIAL BANKS" with the Standard Industrial Classification code 6021.

Where is Consumers Bancorp, Inc. headquartered?

The company's principal executive offices are located at 614 East Lincoln Way, P.O. Box 256, Minerva, Ohio 44657.

Filing Stats: 505 words · 2 min read · ~2 pages · Grade level 8.6 · Accepted 2024-10-28 16:38:30

Filing Documents

02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers Effective October 24, 2024, Harry W. Schmuck Jr. retired as a member of the Board of Directors of Consumers Bancorp, Inc. (the "Company") and Consumers National Bank because of the Company's mandatory retirement age policy.

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders On October 24, 2024, the following matters were voted upon by the shareholders of the Company at its Annual Meeting of Shareholders: 1) Election of four directors to serve a three-year term expiring in 2027: For Withheld Abstentions Non-Votes Ann M. Gano 1,233,729.7 15,232.2 — 851,665.0 Joseph A. Gerzina 1,225,259.2 23,702.7 — 851,665.0 Richard T. Kiko, Jr. 1,212,480.2 36,481.7 — 851,665.0 Ralph J. Lober II 1,233,552.0 15,409.9 — 851,665.0 2) Proposal to ratify the appointment of Plante & Moran, PLLC as the independent registered public accounting firm of the Company for the fiscal year ending June 30, 2025: For Against Abstentions Non-Votes 2,042,484.0 3,507.2 54,635.7 —

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. Consumers Bancorp, Inc. Date: October 28, 2024 /s/ Ralph J. Lober, II Ralph J. Lober, II President and Chief Executive Officer

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