Main Street Financial Services Corp. Annual Meeting Voting Results
Rhea-AI Summary
Main Street Financial Services (OTCQX: MSWV) reported final voting results from its May 7, 2026 annual meeting. Stockholders elected three directors—Mark Witmer, Nick Sparachane, and Jonathan Ciccotelli—to serve until the 2029 annual meeting and ratified Forvis Mazars, LLP as independent auditor for 2026.
Director nominees each received over 4.6 million votes “For,” with around 1.09 million broker non-votes. The auditor ratification received about 5.71 million votes “For,” 60,311 “Against,” and 33,671 “Abstain.” Management highlighted shareholder alignment and its focus on long-term value and disciplined growth.
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News Market Reaction – MSWV
In the May 12 session, MSWV gained 0.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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WOOSTER, Ohio, May 11, 2026 (GLOBE NEWSWIRE) -- On May 7, 2026, Main Street Financial Services Corp. (OTCQX: MSWV) (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”). The inspector of elections delivered its final report of voting results for each of the matters submitted to a vote.
Proposal 1: To elect three (3) directors to serve until the 2029 annual meeting of stockholders.
The three nominees who received a majority of “FOR” votes are elected as directors. The final report of the inspector of elections tabulation of voting results is set forth below:
Board of Directors Nominees:
| Nominee | For | Withheld | Broker Non-Votes |
| Mark Witmer | 4,651,206 | 65,212 | 1,092,379 |
| Nick Sparachane | 4,625,616 | 90,802 | 1,092,379 |
| Jonathan Ciccotelli | 4,619,915 | 96,503 | 1,092,379 |
Proposal 2: To ratify the appointment of Forvis Mazars, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.
According to the final report of the inspector of election tabulation of voting results, stockholders ratified the appointment of Forvis Mazars, LLP as independent registered public accounting firm for the year ending December 31, 2026, by the votes indicated below:
| For | Against | Abstain | Broker Non-Votes |
| 5,714,815 | 60,311 | 33,671 | - |
“We are pleased with the outcome of this year’s annual meeting and appreciate the continued support and confidence of our shareholders,” said Mark R. Witmer, Chairman, President and CEO of Main Street Financial Services Corp. “The approval of all proposals reflects the strong alignment between our shareholders, Board of Directors, and management team as we continue executing on our strategic objectives. We remain focused on delivering long-term value through disciplined growth, strong financial performance, and our ongoing commitment to serving the communities and customers who place their trust in us.”
Forward-Looking-Statements
This release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) that reflect management’s current assumptions and estimates of future economic circumstances, industry conditions, Company performance and financial results. Actual results may differ materially from the results discussed in these forward-looking statements, because such statements are inherently subject to significant assumptions, risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control. The forward-looking statements in this letter speak only as to the date of this release. Main Street Financial Services Corp. expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations upon which such statements are based.
Contact Information:
Matthew Hartzler
EVP, Chief Financial Officer
(330) 264-5767
