Penns Woods Bancorp Inc.
05/08/2024 | Press release | Distributed by Public on 05/08/2024 06:14
Submission of Matters to a Vote of Security Holders - Form 8-K
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On May 7, 2024, Penns Woods Bancorp, Inc. (the "Company") held its 2024 Annual Meeting of Shareholders for which the Board of Directors solicited proxies to consider and vote upon the proposals described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on March 26, 2024. As of the record date for the Annual Meeting, holders of a total of 7,513,898 shares of the Company's common stock were entitled to vote on the matters considered at the Annual Meeting.
The proposals voted on at the Annual Meeting by shareholders of the Company and the voting results were as follows:
Proposal No. 1. Election of Class 2 directors.
| Nominee | For | Withhold | Broker Nonvotes | |||||||||
| William J. Edwards | 3,433,647 | 965,286 | 1,391,403 | |||||||||
| Cameron W. Kephart | 3,569,012 | 829,921 | 1,391,403 | |||||||||
| Charles E. Kranich, II | 2,996,789 | 1,402,144 | 1,391,403 | |||||||||
| Jill F. Schwartz | 3,626,315 | 772,618 | 1,391,403 |
Proposal No. 2. Ratification of the appointment of S.R. Snodgrass, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2024.
| Votes For | Votes Against | Abstentions | Broker Nonvotes | |||||||||
| 5,509,020 | 213,240 | 68,075 | 0 |