First Citizens Bancshares Inc 8-K/A, filed Jul 31, 2023
First Citizens Bancshares Inc (FCNCA)
About this 8-K/A
First Citizens Bancshares Inc filed this 8-K/A on July 31, 2023, reporting on events of April 25, 2023.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
(Amendment No. 1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Explanatory Note
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
As previously reported, at the Corporation’s annual meeting of stockholders held on April 25, 2023, stockholders approved a Say-on-Pay Proposal, and a majority of the votes cast by stockholders on a separate, non-binding “Say-on-Frequency Proposal” favored submitting a Say-on-Pay Proposal to a vote of stockholders each year, as recommended by the Corporation’s Board of Directors. Based on the stockholders’ preference, and pursuant to the recommendation of its Compensation, Nominations and Governance Committee, the Corporation’s Board of Directors has approved submission of a Say-on-Pay Proposal for a vote of stockholders each year until the next required vote by stockholders on a Say-on-Frequency Proposal.
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.
| FIRST CITIZENS BANCSHARES, INC. | ||||||
| (Registrant) | ||||||
| Date: July 31, 2023 | By: | /s/ Craig L. Nix | ||||
| Craig L. Nix | ||||||
| Chief Financial Officer | ||||||