NWPP 8-K
New Peoples Bankshares Inc (NWPP)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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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).
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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. [ ]
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Our disclosure and analysis in Exhibit 99.1 attached to this Current Report on Form 8-K contains some forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may differ materially. These risks include: changes in business or other market conditions; the timely development, production and acceptance of new products and services; the challenge of managing asset/liability levels; the management of credit risk and interest rate risk; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company's Securities and Exchange Commission reports including, but not limited to, the most recent quarterly report filed on Form 10-Q, current reports filed on Form 8-K, and the Annual Report on Form 10-K for the most recent fiscal year end. Pursuant to the Private Securities Litigation Reform Act of 1995, the Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Item 5.07 Submission of Matters to a Vote of Security Holders
New Peoples Bankshares, Inc. (the “Company”) held its 2026 Annual Shareholders’ Meeting (the “Annual Meeting”) on May 19, 2026. A total of 23,555,517 shares of the Company’s Common Stock were entitled to vote as of March 25, 2026, the record date for the Annual Meeting. There were 16,288,711 shares present at the Annual Meeting in person or by proxy, and the shareholders voted on two proposals.
Proposal 1: Election of Directors
The shareholders elected four directors to serve three-year terms expiring in 2029 and one director to serve a two-year term expiring in 2028. The four directors elected to serve the three-year terms were Gina D. Boggess, John D. Cox, James W. Kiser and Elizabeth Keene. The director elected to serve the two-year term was Blaine S. White II. The results of the vote were as follows:
| Nominees | Votes FOR | Votes Withheld | Broker Non-Votes | Uncast Votes | ||||
| Term Expiring in 2029 | ||||||||
| Gina D. Boggess | 14,629,045 | 37,547 | 1,622,119 | - | ||||
| John D. Cox | 14,638,919 | 27,673 | 1,622,119 | - | ||||
| James W. Kiser | 14,643,072 | 23,520 | 1,622,119 | - | ||||
| Elizabeth Keene | 14,597,132 | 69,460 | 1,622,119 | - | ||||
| Term Expiring in 2028 | ||||||||
| Blaine S. White II | 14,602,912 | 63,680 | 1,622,119 | - |
Proposal 2: Ratification of the Appointment of Independent Registered Public Accounting Firm
The shareholders ratified the Audit Committee’s appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for the year ending December 31, 2026. The results of the vote follow:
| Votes FOR | Votes AGAINST | Votes ABSTAIN | Uncast Votes | |||
| 16, 264,554 | 7,355 | 16,802 | - |
| Item 8.01 | Other Events | ||
On May 19, 2026, members of management of the Company made a presentation at the Annual Meeting. A copy of the presentation is attached to this report as Exhibit 99.1 and is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for any purpose.
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
| Exhibit No. | Exhibit Description | |
| 99.1 | Annual Meeting
Presentation
|
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.
| NEW PEOPLES BANKSHARES, INC. | ||||
| Date: | May 26, 2026 | By: | /s/ Belinda F. Shrader | |
| Belinda F. Shrader | ||||
| Vice President and Finance Director and Assistant Secretary | ||||
Exhibit 99.1
