Current Report Filing (8-k)
May 08 2020 - 5:08PM
Edgar (US Regulatory)
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
Check the appropriate box below if the Form8-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:
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. ☐
The Company held its Annual Meeting of Stockholders on May 7, 2020, at which time the stockholders (i) elected three directors for a three-year term and one director for a two-year term, (ii)
ratified the appointment of Yount, Hyde & Barbour, P.C. as independent registered public accounting firm for Severn Bancorp, Inc. for the year ending December 31, 2020, (iii) approved a non-binding advisory proposal on executive compensation,
referred to as “say-on-pay”, (iv) and approved a non-binding, advisory proposal on whether the say-on-pay vote should occur once every three years, referred to as “say-on-frequency”.
The names of the directors who were elected at the Annual Meeting of Stockholders for a three-year term are as follows:
The name of the director who was elected at the Annual Meeting of Stockholders for a two-year term is as follows:
The names of the directors whose terms of office continued after the Annual Meeting of Stockholders are as follows:
Alan J. Hyatt
James H. Johnson, Jr.
Mary Kathleen Sulick
Eric M. Keitz
Raymond S. Crosby
The stockholders of the Company ratified the appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020 as follows:
The stockholders of the Company approved a non-binding advisory proposal on executive compensation, referred to as “say-on-pay”, as follows:
The stockholders of the Company approved a non-binding, advisory proposal on whether the say-on-pay vote should occur once every three years, referred to as “say-on-frequency”, as follows:
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.
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