National Bankshares Inc 8-K, filed May 12, 2021
National Bankshares Inc (NKSH)
8-K
2021-05-12
For: 2021-05-11
View Original
Added on
April 07, 2026
About this 8-K
National Bankshares Inc filed this 8-K on May 12, 2021, reporting on events of May 11, 2021.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 12, 2021 (May 11, 2021 )
(Exact name of Registrant as specified in its charter)
|
|
|
|
|
(State or other jurisdiction
of incorporation)
|
(Commission File No.)
|
(I.R.S. Employer Identification No.)
|
(Address of principal executive offices)
(540 ) 951-6300
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report) Not applicable
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
|
|
|
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ |
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
On May 11, 2021, National Bankshares, Inc. held its 2021 Annual Meeting of Stockholders (the “Annual Meeting”). A total of 6,398,620 shares of the Company’s common stock were entitled to vote as of March 10, 2021, the record date for the Annual Meeting. There were 5,208,211 shares, or 81.40%, present at the Annual Meeting in person or by proxy which constituted a quorum, and the stockholders voted on three proposals.
Proposal No. 1 – Vote on Directors
The stockholders elected four Class 1 directors to serve a three-year term expiring at the Company’s 2024 Annual Meeting of Stockholders. The results of the vote were as follows:
|
|
For
|
Withheld
|
Broker Non-Votes
|
|
Lawrence J. Ball
|
3,576,500
|
55,670
|
1,575,153
|
|
Michael E. Dye
|
3,436,312
|
195,858
|
1,575,153
|
|
Mary G. Miller
|
3,342,767
|
289,403
|
1,575,153
|
|
Glenn P. Reynolds
|
3,476,075
|
156,095
|
1,575,153
|
The terms of office of the following directors who did not stand for re-election continued after the Annual Meeting: F. Brad Denardo, John E. Dooley, Charles E. Green, III, Norman V. Fitzwater III, Mildred R. Johnson, William A. Peery and James C. Thompson.
Proposal No. 2 – Advisory (Non-Binding) Vote to Approve Named Executive Officer Compensation
The stockholders approved a non-binding advisory vote to approve the compensation of the Company’s named executive officers. The results of the vote were as follows:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
3,366,319
|
209,203
|
57,535
|
1,575,153
|
Proposal No. 3 –Ratification of Appointment of Independent Registered Public Accounting Firm
The stockholders voted to ratify the Company’s Board of Directors’ appointment of Yount, Hyde & Barbour, P.C. to serve as its independent registered public accounting firm for the fiscal year ending December 31, 2021. The results of the vote were as follows:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|
5,187,815
|
10,067
|
10,329
|
0
|
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
NATIONAL BANKSHARES, INC.
Date: May 12, 2021
|
By: /s/ F. Brad Denardo
|
|
F. Brad Denardo
Chairman, President and CE
|
Page 2 of 2 Pages