CHICAGO RIVET & MACHINE CO 8-K

What Happened

• On May 14, 2026, Chicago Rivet & Machine Co. announced that its Board of Directors approved the suspension of the company's quarterly cash dividend.
• The company also reported results from its Annual Meeting of Shareholders held May 12, 2026: all seven director nominees named in the April 2, 2026 proxy were elected for terms ending at the 2027 annual meeting, and shareholders ratified Cherry Bekaert LLP as the company's independent registered public accounting firm for 2026.

Key Details

• Dividend: Board approved suspension of the quarterly cash dividend (announced May 14, 2026). A press release dated May 14, 2026 is attached as Exhibit 99.1 to the 8-K.
• Directors elected (votes For / Votes Withheld / Broker Non-Votes = 276,507): Kent H. Cooney — 375,866 / 151,365; Kurt Moders — 416,426 / 19,791; James W. Morrissey — 416,743 / 19,474; Walter W. Morrissey, M.D. — 415,145 / 21,072; Karen G. Ong — 376,355 / 150,876; Gregory D. Rizzo — 416,225 / 19,992; John L. Showel — 376,495 / 150,736.
• Auditor ratification: Cherry Bekaert LLP ratified as independent registered public accounting firm for 2026 — Votes For 727,269; Against 5,655; Abstentions 18,806.

Why It Matters

• The dividend suspension is the most material item for income-focused investors: it means shareholders will not receive the company’s regular quarterly cash payment until the board announces a reinstatement or other change.
• Re-election of the full slate of directors and ratification of the auditor maintain board and audit continuity; investors should watch for follow-up disclosures (e.g., reasons for the dividend pause, timing for reinstatement, and any related financial updates).