PCB Bancorp 8-K Summary: Annual Meeting Results
Business Context and Reporting Period
This Form 8-K reports the results of the annual meeting of shareholders held on May 27, 2021. The voting record date was March 31, 2021, with 15,468,242 shares of common stock outstanding. The filing covers the election of directors and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes.
Material Changes and Voting Results
A total of 10,293,448 shares were presented and voted, representing 66.55% of the outstanding shares entitled to vote. The following proposals were approved:
- Proposal 1: Election of Directors - All eight nominees were elected to the Board of Directors. Votes were overwhelmingly in favor for each candidate, with minimal votes withheld.
- Proposal 2: Ratification of Auditor - The appointment of Crowe LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021, was approved.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Shareholder participation rate was 66.55% of outstanding shares.
- All eight director nominees received over 8.5 million votes in favor.
- Crowe LLP was ratified as the auditor with 10,291,599 votes for and only 1,035 votes against.
- The filing contains no financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.