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
Date of Report (Date of earliest event reported): May 16, 2024 (
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction of Incorporation) |
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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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| Item 5.07. | Submission of Matters to a Vote of Security Holders |
The Annual Meeting of Shareholders (the “Annual Meeting”) of Auburn National Bancorporation, Inc. (the “Company”) was held on May 14, 2024. This meeting was held for the purpose of considering the election of 11 directors to the Board of Directors to serve one-year terms expiring at the Company’s 2025 Annual Meeting of Shareholders and until their successors have been elected and qualified. As to the election of 11 directors, C. Wayne Alderman, Terry W. Andrus, J. Tutt Barrett, Laura J. Cooper, Robert W. Dumas, William F. Ham, Jr., David A. Hedges, David E. Housel, Michael A. Lawler, Anne M. May, and Sandra J. Spencer were all elected to the Board of Directors. In addition, at the Annual Meeting, the shareholders (i) approved, on a non-binding, advisory basis, the compensation of the Company’s “named executive officers” as disclosed in the Proxy Statement, (ii) approved the 2024 Equity and Incentive Compensation Plan, and (ii) ratified the appointment of Elliott Davis LLC as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024.
The final voting results of the director elections, approval of compensation for the Company’s “named executive officers” and ratification of the independent public accounting firm, which were described in more detail in the Proxy Statement, are set forth below.
| 1. | Each director was elected by the following tabulation: |
| Director |
Votes For |
Withheld |
Broker Non-Votes | |||
| C. Wayne Alderman |
1,447,230 | 19,619 | 1,136,555 | |||
| Terry W. Andrus |
1,409,388 | 57,461 | 1,136,555 | |||
| J. Tutt Barrett |
1,415,741 | 51,108 | 1,136,555 | |||
| Laura J. Cooper |
1,450,053 | 16,796 | 1,136,555 | |||
| Robert W. Dumas |
1,429,855 | 36,994 | 1,136,555 | |||
| William F. Ham, Jr. |
1,447,104 | 19,744 | 1,136,555 | |||
| David A. Hedges |
1,437,223 | 29,626 | 1,136,555 | |||
| David E. Housel |
1,437,469 | 29,380 | 1,136,555 | |||
| Michael A. Lawler |
1,451,822 | 15,027 | 1,136,555 | |||
| Anne M. May |
1,411,705 | 55,144 | 1,136,555 | |||
| Sandra J. Spencer |
1,450,053 | 16,796 | 1,136,555 |
| 2. | The non-binding, advisory vote on the compensation of the Company’s “named executive officers” as disclosed in the proxy statement was approved by the following tabulation: |
| For |
Against |
Abstain |
Broker Non-Votes | |||
| 1,408,997 | 43,730 | 14,121 | 1,136,555 |
| 3. | The approval of the 2024 Equity and Incentive Compensation Plan as disclosed in the proxy statement was approved by the following tabulation: |
| For |
Against |
Abstain |
Broker Non-Votes | |||
| 1,419,559 | 34,282 | 13,007 | 1,136,555 |
| 4. | Ratification of the appointment of Elliott Davis LLC as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024 was approved and accordingly ratified by the following tabulation: |
| For |
Against |
Abstain | ||
| 2,537,690 | 31,129 | 34,585 |
SIGNATURE
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.
| AUBURN NATIONAL BANCORPORATION, INC. |
| (Registrant) |
| /s/ David A. Hedges |
| David A. Hedges |
| President and CEO |
Date: May 16, 2024