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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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:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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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).
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.
Virginia National Bankshares Corporation (the “Company”) held its 2024 Annual Meeting of Shareholders on June 27, 2024 (the “Meeting”). At the Meeting, the Company’s shareholders (1) elected each of the 10 persons listed below under Proposal 1 by plurality to serve until the Company’s 2025 annual meeting of shareholders; (2) approved, on an advisory basis, the Company’s executive compensation as disclosed in the proxy statement related to the Meeting; and (3) ratified the appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for 2024.
The Company's independent inspector of election reported the following results of the votes by the Company’s shareholders:
Proposal 1. Election of 10 directors to serve until the 2025 annual meeting of shareholders
Nominees |
Votes For |
Votes Withheld |
Broker Non-Votes |
John B. Adams, Jr. |
3,556,123.88 |
38,301.00 |
898,061.00 |
Kevin T. Carter |
3,530,601.88 |
63,823.00 |
898,061.00 |
Hunter E. Craig |
3,467,037.88 |
127,387.00 |
898,061.00 |
William D. Dittmar, Jr. |
2,815,000.88 |
779,424.00 |
898,061.00 |
Randolph D. Frostick |
3,179,960.88 |
414,464.00 |
898,061.00 |
Linda M. Houston |
3,175,105.88 |
419,319.00 |
898,061.00 |
Jay B. Keyser |
3,531,758.88 |
62,666.00 |
898,061.00 |
Glenn W. Rust |
3,172,589.38 |
421,835.50 |
898,061.00 |
Sterling T. Strange, III |
3,265,559.88 |
328,865.00 |
898,061.00 |
Gregory L. Wells |
3,500,119.88 |
94,305.00 |
898,061.00 |
Proposal 2. Advisory (non-binding) vote to approve the Company's executive compensation
Votes For |
Votes Against |
Abstain |
Broker Non-Votes |
3,322,994.09 |
187,743.00 |
83,687.79 |
898,061.00 |
Proposal 3. Ratification of the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for 2024
Votes For |
Votes Against |
Abstain |
Broker Non-Votes |
4,454,996.88 |
29,896.00 |
7,593.00 |
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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 thereunto duly authorized.
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VIRGINIA NATIONAL BANKSHARES CORPORATION |
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Date: |
June 28, 2024 |
By: |
/s/ Tara Y. Harrison |
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Executive Vice President and Chief Financial Officer |