Bank First Corp 8-K

What Happened
Bank First Corporation held its 2026 Annual Meeting of Shareholders on June 15, 2026 and filed an 8-K on June 18, 2026 reporting governance changes and vote results. Director Stephen E. Johnson retired effective June 15, 2026. The Board elected Steven M. Eldred and Todd A. Sprang as new directors, and re-elected incumbent President Timothy J. McFarlane to a second term. The company also reported the shareholder votes on ratifying its auditor, the advisory executive compensation vote, and approval of an amendment to its Articles of Incorporation.

Key Details

• Director election vote totals (for / against / abstain / broker non-votes):
  • Steven M. Eldred: 5,239,200 / 255,872 / 0 / 2,528,553
  • Timothy J. McFarlane: 5,255,918 / 239,154 / 0 / 2,528,553
  • Todd A. Sprang: 5,321,610 / 173,462 / 0 / 2,528,553
• Auditor ratification (Forvis Mazars, LLP): 7,946,631 for / 20,716 against / 56,589 abstentions.
• Advisory vote on named executive officer compensation (say-on-pay): 5,097,459 for / 343,024 against / 54,589 abstentions / 2,528,553 broker non-votes.
• Approval of amendment to the Articles of Incorporation: 5,329,700 for / 142,460 against / 22,912 abstentions / 2,528,553 broker non-votes.
• The company provided an annual meeting presentation (filed as Exhibit 99.2) and a press release dated June 16, 2026 (Exhibit 99.1).

Why It Matters
Board composition changed with the retirement of a director and the addition of two new directors, which can affect governance and strategic oversight. Shareholders clearly ratified the auditor and approved the Articles amendment, while the advisory pay vote passed (non-binding) with a meaningful number of dissenting votes — information investors use to gauge governance and management alignment with shareholders. The filing gives investors definitive, vote-level outcomes for these governance items.