Shareholders at Community Bancorp (NASDAQ: CMTV) reelect directors and ratify auditors

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Community Bancorp. reported results of its Annual Meeting of Shareholders held on May 19, 2026. Shareholders voted on electing two directors and ratifying the company’s independent auditors.

As of the March 25, 2026 record date, there were 5,580,648 common shares outstanding, each entitled to one vote. For Proposal 1, incumbent director Emma L. Marvin received 2,307,572 votes for, 121,828 votes withheld or abstain, and 950,126 broker non-votes, and was elected under the company’s majority-of-shares-present standard. Incumbent director Jacques R. Couture received 2,137,380 votes for, 292,020 votes withheld or abstain, and 950,126 broker non-votes, and was also elected.

For Proposal 2, shareholders voted on the selection of BDMP Assurance, LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. The firm received 3,373,079 votes for, 1,252 votes against, and 5,195 abstentions, with no broker non-votes, and the proposal was approved.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Shares outstanding (record date): 5,580,648 shares Votes for Emma L. Marvin: 2,307,572 votes Votes for Jacques R. Couture: 2,137,380 votes +4 more

7 metrics

Shares outstanding (record date) 5,580,648 shares Common stock outstanding as of March 25, 2026 record date

Votes for Emma L. Marvin 2,307,572 votes Director election at May 19, 2026 annual meeting

Votes for Jacques R. Couture 2,137,380 votes Director election at May 19, 2026 annual meeting

Broker non-votes (directors) 950,126 votes Broker non-votes on each director election proposal

Votes for BDMP Assurance, LLP 3,373,079 votes Ratification of external auditors for fiscal year 2026

Votes against BDMP Assurance, LLP 1,252 votes Ratification of external auditors for fiscal year 2026

Abstentions on auditor proposal 5,195 votes Ratification of BDMP Assurance, LLP

Key Terms

record date, broker non-vote, independent registered public accounting firm, Annual Meeting of Shareholders, +1 more

5 terms

record date financial

"As of March 25, 2026, the record date for the Annual Meeting, there were 5,580,648 shares..."

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

broker non-vote financial

"BROKER NON-VOTE Proposal 1. Election of Incumbent Directors..."

independent registered public accounting firm financial

"To ratify the selection of the independent registered public accounting firm of BDMP Assurance, LLP..."

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

Annual Meeting of Shareholders financial

"The following matters were submitted to a vote of security holders, at the Annual Meeting of Shareholders..."

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

Bylaws financial

"In accordance with section 3.02 of the Company’s Bylaws, each of the directors was elected..."

Corporate bylaws are a company's internal rulebook that explains how the business is run day to day — who makes decisions, how directors and officers are chosen, how shareholder meetings are conducted, and procedures for changes or conflicts. For investors, bylaws matter because they shape governance and control, influence how quickly and easily leadership or strategy can change, and can protect or limit shareholder rights much like house rules affect how a household operates.

Understanding 8-K Material Events →

05/22/2026 - 02:22 PM

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

May 19, 2026

(Date of Report - Date of earliest event reported on)

Community Bancorp /VT

(Exact name of Registrant as Specified in its Charter)

Vermont		000-16435		03-0284070
(State of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

4811 US Route 5, Derby, Vermont		05829
(Address of Principal Executive Offices)		(Zip Code)

Registrant's Telephone Number: (802) 334-7915

Not Applicable

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

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:

☐	Written communications pursuant to Rule 425 under the Securities Act (17CFR 203.425)
☐	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))

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

Title of Each Class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $2.50 Par value per share		CMTV		The Nasdaq Stock Market LLC

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

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 of Matters to a Vote of Security Holders

The following matters were submitted to a vote of security holders, at the Annual Meeting of Shareholders of Community Bancorp. on May 19, 2026:

Proposal 1.	To elect two directors to the class whose term will expire at the 2029 annual meeting of shareholders;

Proposal 2.	To ratify the selection of the independent registered public accounting firm of BDMP Assurance, LLP as the Corporation’s external auditors for the fiscal year ending December 31, 2026.

As of March 25, 2026, the record date for the Annual Meeting, there were 5,580,648 shares of the Company’s $2.50 par value common stock outstanding, and each share was entitled to one vote on all matters submitted to the shareholders for vote at the meeting.

The vote results are as follows:

					AUTHORITY
					WITHHELD/		BROKER
MATTER	FOR		AGAINST		ABSTAIN		NON-VOTE
Proposal 1. Election of Incumbent Directors:
Emma L. Marvin		2,307,572		N/A		121,828		950,126
Jacques R. Couture		2,137,380		N/A		292,020		950,126

Proposal 2. Selection of External Auditors:
BDMP Assurance, LLP		3,373,079		1,252		5,195		0

In accordance with section 3.02 of the Company’s Bylaws, each of the directors was elected, having received the affirmative vote of at least a majority of the shares represented at the meeting and entitled to vote. Proposal 2 was approved, with more votes cast "FOR" than "AGAINST".

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	COMMUNITY BANCORP.

DATED: May 22, 2026	/s/ Christopher Caldwell
	Christopher Caldwell, President &
	Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What matters did Community Bancorp (CMTV) shareholders vote on at the 2026 annual meeting?

Shareholders voted on electing two incumbent directors and ratifying the selection of BDMP Assurance, LLP as independent auditors for the fiscal year ending December 31, 2026. Both director elections and the auditor ratification proposal received sufficient support to be approved.

How many Community Bancorp (CMTV) shares were eligible to vote at the 2026 annual meeting?

As of the March 25, 2026 record date, 5,580,648 shares of Community Bancorp’s $2.50 par value common stock were outstanding. Each share was entitled to one vote on all matters submitted, forming the voting base for the director elections and auditor ratification.

Were Community Bancorp’s director nominees elected at the May 19, 2026 shareholder meeting?

Yes. Incumbent directors Emma L. Marvin and Jacques R. Couture were re-elected to terms expiring at the 2029 annual meeting. Each received an affirmative vote from at least a majority of shares represented at the meeting and entitled to vote, meeting the company’s bylaw standard.

Did Community Bancorp (CMTV) shareholders approve BDMP Assurance, LLP as external auditors?

Yes. Shareholders approved BDMP Assurance, LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. The proposal received 3,373,079 votes for, 1,252 against, and 5,195 abstentions, with no broker non-votes recorded on this item.

What were the vote totals for Community Bancorp director Emma L. Marvin in 2026?

Emma L. Marvin received 2,307,572 votes for her election, 121,828 votes listed as withheld or abstain, and 950,126 broker non-votes. Under the company’s bylaws, this level of support constituted the required majority of shares represented and entitled to vote, confirming her re-election.

How did Community Bancorp shareholders vote on director Jacques R. Couture in 2026?

Jacques R. Couture received 2,137,380 votes for election, 292,020 votes recorded as withheld or abstain, and 950,126 broker non-votes. These results met the requirement in section 3.02 of the company’s bylaws for a majority of represented, entitled shares, so he was re-elected.

Filing Exhibits & Attachments

5 documents