First Bancorp, Inc /ME/ 8-K

What Happened
First Bancorp, Inc. (FNLC) held its virtual annual meeting on April 29, 2026 and filed an 8-K on May 1, 2026 reporting the voting results. Of 11,270,319 shares outstanding, 9,593,345 shares (85.12%) were present virtually or by proxy. Shareholders re-elected the company’s director nominees, approved the advisory (non-binding) executive compensation vote, selected an annual frequency for say-on-pay, and ratified BDMP Assurance, LLP as the company’s independent auditor for 2026.

Key Details

• Shares present/proxy: 9,593,345 of 11,270,319 outstanding (85.12%).
• Director election (For / Withhold / Broker Non‑Vote):
  • Robert B. Gregory: 7,485,413 / 392,688 / 1,715,244
  • Ingrid H.W. Kachmar: 7,857,472 / 20,629 / 1,715,244
  • Renee W. Kelly: 7,791,891 / 86,210 / 1,715,244
  • Tony C. McKim: 7,817,366 / 60,735 / 1,715,244
  • Cornelius J. Russell: 7,757,432 / 120,669 / 1,715,244
  • Stuart G. Smith: 7,738,296 / 139,805 / 1,715,244
  • Kimberly S. Swan: 7,704,603 / 173,498 / 1,715,244
  • F. Stephen Ward: 7,768,350 / 109,751 / 1,715,244
• Advisory approval of executive compensation (say-on-pay): For 7,534,553; Against 261,496; Abstain 82,052; Broker non‑vote 1,715,244.
• Advisory vote on frequency of future say-on-pay votes: 1 Year — 6,869,457; 2 Years — 39,523; 3 Years — 886,262; Abstain 82,859; Broker non‑vote 1,715,244.
• Auditor ratification: BDMP Assurance, LLP ratified as independent auditor for 2026 — For 9,571,754; Against 8,261; Abstain 13,330.

Why It Matters
The results confirm board continuity with all nominees receiving majority support and provide shareholder approval—on an advisory basis—of the company's executive compensation approach. Shareholders favored annual advisory votes on pay (the 1‑year option). Ratification of BDMP Assurance, LLP finalizes the company’s auditor for 2026. These are governance items that can affect investor confidence and oversight but do not, by themselves, change First Bancorp’s reported financials or operations.