NEW PEOPLES BANKSHARES INC 8-K

What Happened New Peoples Bankshares, Inc. announced the results of its 2026 Annual Shareholders’ Meeting held May 19, 2026. As of the March 25, 2026 record date, 23,555,517 shares were entitled to vote and 16,288,711 shares were present in person or by proxy. Shareholders elected four directors to three-year terms (expiring 2029) — Gina D. Boggess, John D. Cox, James W. Kiser and Elizabeth Keene — and one director to a two-year term (expiring 2028), Blaine S. White II. The Audit Committee’s appointment of Yount, Hyde & Barbour, P.C. as the company’s independent registered public accounting firm for 2026 was ratified.

Key Details

• Total shares entitled to vote: 23,555,517; shares present at meeting: 16,288,711.
• Director election vote highlights (FOR / WITHHELD / Broker Non-Votes):
  • Gina D. Boggess: 14,629,045 / 37,547 / 1,622,119
  • John D. Cox: 14,638,919 / 27,673 / 1,622,119
  • James W. Kiser: 14,643,072 / 23,520 / 1,622,119
  • Elizabeth Keene: 14,597,132 / 69,460 / 1,622,119
  • Blaine S. White II (term exp. 2028): 14,602,912 / 63,680 / 1,622,119
• Auditor ratification vote: FOR 16,264,554; AGAINST 7,355; ABSTAIN 16,802.
• The company furnished an Annual Meeting presentation as Exhibit 99.1 to the SEC (provided, not “filed”).

Why It Matters Elected directors and the ratified auditor shape corporate governance and oversight going forward. Investors should note the vote counts and the presence of significant broker non-votes (about 1.62 million), which reflect shares held by brokers that did not vote on director elections. The auditor ratification confirms continuity of external audit oversight for the fiscal year ending December 31, 2026.