OHIO VALLEY BANC CORP 8-K

What Happened
Ohio Valley Banc Corp (OVBC) filed an 8‑K reporting director changes. On February 24, 2026, David W. Thomas notified the company he will retire from the Board of Directors of the company and its subsidiary, The Ohio Valley Bank Company, at the 2026 Annual Meeting of Shareholders in May. On the same date, Thomas E. Wiseman notified the company he will retire from his role as Chairman of the Board effective at the 2026 Annual Meeting, though he will remain a director.

Key Details

• Notice date: February 24, 2026.
• David W. Thomas will retire at the 2026 Annual Meeting (May 2026) under the company’s mandatory director retirement policy after reaching age 70.
• Thomas E. Wiseman will relinquish the Chairman role at the 2026 Annual Meeting but will continue as a director.
• Both retirements are not due to any disagreement with the company or its bank subsidiary.

Why It Matters
Board leadership changes can affect governance and strategic oversight. Investors should note the upcoming leadership transition at the annual meeting and monitor any subsequent announcements about a new chairman or board composition, which could influence board priorities and corporate oversight. The filing provides factual notice of timing and reason (mandatory retirement), with no reported disputes.