QUAINT OAK BANCORP, INC. 8-K
Research Summary
AI-generated summary
Quaint Oak Bancorp Holds Annual Meeting; Elects Directors, Ratifies Auditor
What Happened
- Quaint Oak Bancorp, Inc. filed an 8-K on May 18, 2026 reporting results of its Annual Meeting held May 13, 2026. Shareholders elected the company's director nominees to three-year terms expiring in 2029 and ratified the appointment of S.R. Snodgrass, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
- There were 2,640,997 shares eligible to vote and 1,603,847 shares (about 60.7%) were represented in person or by proxy, constituting a quorum.
Key Details
- Director election vote totals:
- James J. Clarke, Ph.D.: For 1,089,319; Withheld 60,200; Broker non-votes 454,028
- William R. Gonzalez, MBA: For 1,085,876; Withheld 63,943; Broker non-votes 454,028
- Susan M. Vettori: For 1,045,739; Withheld 104,080; Broker non-votes 454,028
- Auditor ratification: S.R. Snodgrass, P.C. — For 1,593,196; Against 9,039; Abstain 1,612.
Why It Matters
- The re-election of the board nominees and ratification of the auditor provide governance continuity and confirm the firm’s planned independent auditor for the 2026 fiscal year. For investors, these outcomes signal stability in leadership and auditor oversight; the meeting achieved a quorum with roughly 60.7% of outstanding shares represented.
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