UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~April~~July 2719, 2022

UNITED BANCSHARES, INC/OH

(Exact name of Registrant as specified in its Charter)

Ohio	000-29283	34-1516518
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification Number)

105 Progressive Drive, Columbus Grove, Ohio	45830-1241
(Address of principal executive offices)	(Zip Code)

105 Progressive Drive, Columbus Grove, Ohio 45830-1241

(Address of principal executive offices)

Registrant’s telephone number, including area code:

(419) 659-2141

N/A

(Former name or former address, if changed since last report)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of Each Exchange
Common Stock, No Par Value	UBOH	NASDAQ Global Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.~~07 Submission~~02. Departure of ~~Matters~~Directors toor ~~a Vote~~Certain Officers; Election of ~~Security~~Directors; ~~Holders.~~Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

~~The~~On ~~Annual~~July ~~Meeting~~19, of2022, the ~~shareholders~~Company’s Board of ~~United~~Directors ~~Bancshares,~~appointed ~~Inc~~Klint D. ~~was~~Manz, ~~held~~age on38, ~~April~~to 27the positions of Chief Financial Officer of United Bancshares, ~~2022~~Inc. At (the ~~meeting,~~“Company”) ~~the~~and ~~following~~The ~~items~~Union ~~were~~Bank ~~voted~~Company. onThis byappointment ~~the~~is ~~shareholders~~set ofto ~~United~~go ~~Bancshares~~into effect on July 19, ~~Inc~~2022.:

1Mr. ~~Election~~ Manz earned his Bachelor of ~~directors~~Business Administration in Accounting and his Masters of Science in Accounting from The University of Toledo, Toledo, Ohio. Mr. Manz served as a Staff Accountant, Senior Accountant, Commercial/Agricultural Lender, Profitability Manager and Assistant Controller for First Federal Bank of the Midwest from 2006 to ~~serve~~2019. ~~until~~Mr. Manz accepted the ~~2023~~position ~~Annual~~of ~~Meeting;~~Commercial Loan Product Manager in 2019 with The Union Bank Company and has served in the role of Chief Lending Officer since 2021.

2Mr. ~~Adopting~~ aManz ~~non-binding~~current ~~resolution~~base tosalary ~~approve~~is $162,500 per year and will also be eligible for discretionary annual cash bonuses, stock option awards under the ~~compensation~~Company’s 2016 Stock Option Plan, and discretionary and matching contributions to the Company’s Employee Stock Ownership Plan. He will also be entitled to receive other employee benefits generally available to all employees of the ~~Corporation~~Company and the Bank, including participation in medical plans and the Company’s ~~named~~Employee Stock Purchase Plan. Mr. Manz has no family relationship with any director or executive ~~officers;~~officer of the Company or any of its affiliated subsidiaries, and he does not currently serve on the board of directors with any other company having shares publicly registered with the Securities and Exchange Commission.

3Mr. AnManz ~~amendment~~has tono family relationship with any director or executive officer of the ~~2003~~Company ~~Employee~~or ~~Stock~~any ~~Purchase~~of ~~Plan~~its toaffiliated ~~increase~~subsidiaries. Since the ~~authorized~~beginning ~~shares~~of bythe ~~200~~Company’s last fiscal year, neither Mr. Manz nor any member of his immediate family have had transactions in excess of $120,000; with the Company or any of its affiliated subsidiaries which would be reportable under Item 404(a) of SEC Regulation S-K, other than loans made by the Bank in its ordinary course of business and on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with unrelated persons, and such loans did not involve more than the normal risk of collectability or present other unfavorable features.

4Item 9.01. ~~Ratifying the appointment of CliftonLarsonAllen LLP as the independent registered accounting firm~~Financial ~~for~~Statements ~~United~~and ~~Bancshares, Inc~~Exhibits.

~~Proposal~~(d) ~~1 - Election of Directors~~Exhibits.

~~The~~104 ~~shareholders~~Cover ~~elected~~Page ~~the~~Interactive ~~following~~Data ~~nominees~~File ~~for~~(embedded ~~director~~within at the ~~meeting~~Inline byXBRL ~~the votes indicated below. In addition to the votes reported below, there were 387,830 broker non-votes on the proposal for the election of each director.~~document)

Director	For	Withheld
Robert L. Benroth	1,747,124	477,182
Herbert H. Huffman	1,838,167	386,139
H. Edward Rigel	1,734,355	489,951
David P. Roach	1,742,464	481,842
Daniel W. Schutt	1,644,674	579,632
R. Steven Unverferth	1,840,815	383,491
Brian D. Young	1,840,132	384,174

Proposal 2 - Non-binding resolution to approve the compensation of the Corporation’s named executive officers.

The non-binding resolution to approve the compensation of the Corporation’s named executive officers was approved by the votes indicated below. There were 387,830 broker non-votes on the proposal.

For	Against	Abstain
1,677,561	465,401	81,344

Proposal 3 - An amendment to the 2003 Employee Stock Purchase Plan to increase the authorized shares by 200,000;

An amendment to the 2003 Employee Stock Purchase Plan to increase the authorized shares by 200,000 was approved by the votes indicated below. There were 387,830 broker non-votes on the proposal.

For	Against	Abstain
1,759,889	417,254	47,163

Proposal 4 - Ratifying the appointment of CliftonLarsonAllen LLP as the independent registered public accounting firm for the Corporation.

At the meeting, the shareholders ratified the appointment of CliftonLarsonAllen LLP as the independent registered public accounting firm for the Corporation by the votes indicated below:

For	Against	Abstain
2,493,571	92,153	26,412

There were no broker non-votes on this proposal.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this ~~Report~~report to be signed on ~~its~~ behalf by the undersigned thereunto duly authorized.

	United Bancshares, Inc.
	UNITED BANCSHARES, INC.
Date: April 28, 2022	By:	/s/ Brian D. Young
Date: July 20, 2022	By:	/s/ Brian D. Young
		Brian D. Young
		Brian D. Young President and Chief Executive Officer
		President and Chief Executive Officer

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