Rhinebeck Bancorp, Inc. 8-K

What Happened
Rhinebeck Bancorp, Inc. (RBKB) filed an 8-K reporting the results of its Annual Meeting of Stockholders held May 19, 2026. Shareholders elected four directors to multi‑year terms, ratified Wolf & Company, P.C. as the independent registered public accounting firm for fiscal 2026, and approved, on an advisory (non‑binding) basis, the compensation of the company’s named executive officers.

Key Details

• Director elections (votes For / Withhold / Broker non‑votes):
  • William C. Irwin (two‑year term): 9,080,423 For; 609,873 Withhold; 759,877 Broker non‑votes.
  • Steven E. Howell (three‑year term): 9,179,375 For; 510,921 Withhold; 759,877 Broker non‑votes.
  • Sharon A. McGinnis (three‑year term): 9,169,367 For; 520,929 Withhold; 759,877 Broker non‑votes.
  • Matthew J. Smith (three‑year term): 9,654,863 For; 35,433 Withhold; 759,877 Broker non‑votes.
• Auditor ratification: Wolf & Company, P.C. approved for fiscal year ending Dec. 31, 2026 — 10,412,954 For; 34,549 Against; 2,670 Abstentions.
• Advisory vote on executive compensation: Approved non‑binding — 9,545,385 For; 134,792 Against; 10,119 Abstentions; 759,877 Broker non‑votes.
• The 8‑K was signed by Kevin Nihill, Chief Financial Officer, and filed May 19, 2026.

Why It Matters
These routine corporate governance votes confirm the board composition and auditor choice for investors. Director re‑elections and the auditor ratification indicate continuity in leadership and accounting oversight. The advisory approval of executive compensation signals majority shareholder support for pay practices, though the vote is non‑binding and does not change compensation by itself.