Rhinebeck Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
Rhinebeck Bancorp, Inc. filed a Form 8-K dated May 26, 2021 under Item 5.07 to report the results of its Annual Meeting of Stockholders held on that date. The company’s common stock trades on Nasdaq under the symbol RBKB.
Meeting Results
| Director Nominee | For | Withhold | Broker Non-Votes |
|---|---|---|---|
| Frederick L. Battenfeld | 8,803,436 | 119,953 | 752,843 |
| Christopher W. Chestney | 8,799,355 | 124,034 | 752,843 |
| Shannon Martin LaFrance | 8,655,549 | 267,840 | 752,843 |
All three nominees were elected as directors for three-year terms or until their successors are elected and qualified.
Stockholders also ratified the appointment of Wolf & Company, P.C. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2021.
| Vote | Shares |
|---|---|
| For | 9,593,311 |
| Against | 68,671 |
| Abstentions | 14,250 |
Financial Metrics and Material Changes
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or other operating and financial metrics. It does not report material changes versus a prior comparable period.
Outlook, Risks, and Unusual Items
The filing contains no management outlook, risk update, contingency, or unusual-item disclosure. Its principal matters are the director elections and auditor ratification.
Important Facts to Verify
- Confirm the three directors’ election results and three-year terms.
- Confirm ratification of Wolf & Company, P.C. for the fiscal year ending December 31, 2021.
- Review other company filings for financial performance, liquidity, capital, and risk information, which are not included in this 8-K.