Rhinebeck Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
Rhinebeck Bancorp, Inc. filed a Form 8-K dated May 23, 2023, reporting the results of its Annual Meeting of Stockholders held on that date. The company’s common stock trades on Nasdaq under the symbol RBKB.
Annual Meeting Results
| Proposal | Result |
|---|
| Election of Steven E. Howell, William C. Irwin, and Michael J. Quinn | Each director was elected to a three-year term or until a successor is elected and qualified. |
| Ratification of Wolf & Company, P.C. | Appointment as independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified. |
Voting Results
| Director | For | Withhold | Broker Non-Votes |
|---|
| Steven E. Howell | 9,050,563 | 488,136 | 857,146 |
| William C. Irwin | 9,160,951 | 377,748 | 857,146 |
| Michael J. Quinn | 9,324,201 | 214,498 | 857,146 |
| Auditor Ratification | Votes |
|---|
| For | 10,287,517 |
| Against | 69,040 |
| Abstentions | 39,288 |
Financial Metrics, Outlook, and Risks
This filing does not provide revenue, profit, cash flow, margins, debt, liquidity, financial guidance, management outlook, or material risk disclosures. It also does not report material financial changes versus a prior comparable period, contingencies, or unusual financial items.
Key Facts to Verify
- Confirm the elected directors’ continuing terms and board composition.
- Confirm Wolf & Company, P.C.’s engagement for the fiscal year ending December 31, 2023.
- Review the company’s periodic financial filings separately for operating results, liquidity, capital, credit quality, and forward-looking commentary.
