Rhinebeck Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
Rhinebeck Bancorp, Inc. filed a Form 8-K dated May 21, 2024, under Item 5.07 to report the results of its 2024 Annual Meeting of Stockholders held on that date. The filing does not provide quarterly or annual financial results.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, capital, asset quality, or other financial metrics.
Material Changes Versus Prior Period
No financial or operating changes versus a prior comparable period are disclosed. The reported matters concern director elections and ratification of the independent registered public accounting firm.
Meeting Results, Outlook, and Risks
- Frederick L. Battenfeld was elected as a director for a one-year term.
- Christopher W. Chestney and Shannon Martin LaFrance were elected as directors for three-year terms.
- Wolf & Company, P.C. was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
- The filing provides no management guidance, outlook, risk discussion, contingencies, or unusual financial items.
| Director | For | Withhold | Broker Non-Votes |
|---|---|---|---|
| Frederick L. Battenfeld | 8,861,230 | 301,621 | 983,567 |
| Christopher W. Chestney | 8,835,164 | 327,687 | 983,567 |
| Shannon Martin LaFrance | 8,849,855 | 312,996 | 983,567 |
| Auditor Ratification | Votes |
|---|---|
| For | 9,786,988 |
| Against | 345,925 |
| Abstentions | 13,505 |
Important Facts to Verify
- Confirm the elected directors’ terms and subsequent board appointments or committee assignments.
- Monitor future filings for the company’s fiscal 2024 financial results and any disclosures by Wolf & Company, P.C.
- Verify that no additional shareholder proposals or voting matters were reported in a separate filing or supplemental materials.