UWHARRIE CAPITAL CORP 8-K

What Happened

• Uwharrie Capital Corp (UWHR) filed an 8-K on May 20, 2026 reporting the results of its Annual Meeting held May 19, 2026. All seven board nominees were elected and shareholders approved non-binding compensation votes and the appointment of Forvis Mazars, LLP as the company’s independent registered public accounting firm for 2026.
• Directors elected: Dawn H. Allen; James O. Campbell; Michael J. Flake; Mary N. Klauder; Matthew D. McAulay; Robert O. Bratton; Zachary D. Almond. The 8-K was signed by Heather H. Almond, Principal Financial Officer.

Key Details

• Director election vote totals (For / Withheld; broker non-votes = 1,274,340): Dawn H. Allen 2,916,397 / 45,226; James O. Campbell 2,954,673 / 6,950; Michael J. Flake 2,956,165 / 5,458; Mary N. Klauder 2,958,096 / 3,527; Matthew D. McAulay 2,958,914 / 2,709; Robert O. Bratton (two-year term) 2,952,600 / 9,023; Zachary D. Almond (one-year term) 2,879,617 / 82,006.
• Say-on-Pay (non-binding advisory vote on executive compensation): For 2,870,548; Against 26,517; Abstain 64,558; Broker non-votes 1,274,340.
• Frequency of future advisory votes (non-binding): One Year 280,122; Two Years 92,107; Three Years 2,518,205; Abstain 71,189 (three-year option received the most votes).
• Auditor ratification: Forvis Mazars, LLP ratified as independent registered public accounting firm for 2026 — For 4,233,906; Against 1,333; Abstain 724.

Why It Matters

• The election of all board nominees maintains board continuity and the voted terms (one-, two-, and three-year) determine upcoming director election cycles.
• The advisory “say-on-pay” approval and shareholders’ choice of a three-year advisory frequency are non-binding but signal investor sentiment on executive compensation practices and the preferred cadence for future advisory votes.
• Ratification of Forvis Mazars, LLP as auditor finalizes the auditor relationship for 2026, an important procedural step for annual financial reporting and audits.