Investar Holding Corp - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Investar Holding Corp on March 22, 2019, reporting an event that occurred on March 20, 2019. The filing concerns a change in the composition of the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding corporate governance and does not contain financial statements.
Material Changes
Carl R. Schneider, Jr., a member of the Board of Directors, informed the Board that he will not stand for re-election at the 2019 annual meeting of shareholders scheduled for May 22, 2019. He will continue to serve as a director until that meeting. The filing states this decision was driven by internal policies of his employer and was not the result of any dispute or disagreement with the Company.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies beyond the director's departure.
Key Facts for Investors to Verify
- Carl R. Schneider, Jr. will not seek re-election as a director at the May 22, 2019 Annual Meeting.
- The departure is attributed to his employer's internal policies, not a dispute with Investar Holding Corp.
- Mr. Schneider will remain on the Board until the Annual Meeting concludes.