Citizens Community Bancorp Inc. Files Form 8-K Reporting 2025 Annual Meeting Results

Strategic Insights -

Citizens Community Bancorp Inc. recently filed a Form 8-K report with the U.S. Securities and Exchange Commission detailing the results of its 2025 Annual Meeting. The meeting saw an overwhelming turnout, with a total of 9,989,536 shares of common stock eligible to vote. The outcomes of the proposals presented were decisive, with all three proposals garnering substantial support from shareholders.

Key Takeaways:

  • The candidates proposed for election as directors, Stephen M. Bianchi, James D. Moll, and Kathleen S. Skarvan, were all elected with a significant majority of votes.

- Stephen M. Bianchi received 6,022,560 For and 561,375 Withheld votes.

- James D. Moll received 5,062,992 For and 1,520,943 Withheld votes.

- Kathleen S. Skarvan received 5,052,105 For and 1,531,830 Withheld votes.

  • Proposal 2, which sought the ratification of the appointment of Crowe LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025, was also approved with a significant majority of votes.

- The results showed 7,408,134 For, 105,697 Against, and 15,595 Abstentions with no Broker Non-Votes.

  • The advisory (non-binding) proposal regarding the compensation of the Company's named executive officers, as disclosed in the Proxy Statement for the Annual Meeting, also received substantial support from shareholders.

- The results showed 6,000,132 For, 292,686 Against, and 291,117 Abstentions with 945,491 Broker Non-Votes.

Statistics:

  • 9,989,536 shares of common stock were eligible to vote at the 2025 Annual Meeting.
  • A total of 945,491 Broker Non-Votes were recorded.

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549
  • FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
  • CITIZENS COMMUNITY BANCORP, INC. (Registrant's telephone number, including area code), 715-836-9994
  • SECURITIES AND EXCHANGE ACT OF 1934, as amended, and Rule 405 of the Securities Act of 1933
  • Securities Exchange Act of 1934, as amended, Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  • Securities Exchange Act of 1934, as amended, Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))