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Eagle Financial (NASDAQ: EFSI) shareholders back directors, 2026 ESPP and auditor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Eagle Financial Services, Inc. reported the results of its Annual Meeting of Shareholders held on May 19, 2026. Shareholders elected six directors, each receiving more than 3.4 million votes in favor, with several nominees receiving over 3.5 million votes and relatively few withheld votes.

Shareholders approved the 2026 Employee Stock Purchase Plan with 3,321,310 votes for, 195,071 against, and 92,083 abstentions, along with 514,937 broker non-votes. They also ratified the selection of Yount, Hyde & Barbour, P.C. as independent registered public accounting firm with 4,080,508 votes for, 24,801 against, and 18,092 abstentions.

Positive

  • None.

Negative

  • None.
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.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Votes for ESPP 3,321,310 votes For 2026 Employee Stock Purchase Plan
Votes against ESPP 195,071 votes Against 2026 Employee Stock Purchase Plan
ESPP broker non-votes 514,937 votes Broker non-votes on ESPP proposal
Auditor ratification for 4,080,508 votes For ratifying Yount, Hyde & Barbour, P.C. for 2026
Auditor ratification against 24,801 votes Against ratifying Yount, Hyde & Barbour, P.C.
Auditor abstentions 18,092 votes Abstain on auditor ratification proposal
Highest director votes for 3,545,975 votes For director nominee Karthik Shyamsunder
Director broker non-votes 514,936 votes Broker non-votes for each director nominee
Employee Stock Purchase Plan financial
"To approve the Eagle Financial Services, Inc. 2026 Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
broker non-votes financial
"The votes cast for and against this proposal, as well as votes abstained and, broker non-votes, were as follows"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm regulatory
"to ratify the appointment of Yount, Hyde & Barbour, P.C., as our independent registered public accounting firm for the year ending December 31, 2026."
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
"An Annual Meeting of Shareholders of Eagle Financial Services, Inc. was held on May 19, 2026"
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.
Understanding 8-K Material Events →
0000880641false00008806412026-05-192026-05-19

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 19, 2026

 

 

EAGLE FINANCIAL SERVICES, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Virginia

001-42512

54-1601306

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

2 East Main Street

 

Berryville, Virginia

 

22611

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (540) 955-2510

 

 

(Former Name or 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 (17 CFR 230.425)
☐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

 

EFSI

 

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 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

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.

An Annual Meeting of Shareholders of Eagle Financial Services, Inc. (the “Company”) was held on May 19, 2026, for the purpose of considering and acting upon the following matters:

 

1.
To elect four (4) Directors, Brandon C. Lorey, Douglas C. Rinker, John D. Stokely and Brian T. Strosser each for a term of three (3) years and to elect two (2) Directors, Susan D. Davies and Karthik Shyamsunder, each for a term of two (2) years.
2.
To approve the Eagle Financial Services, Inc. 2026 Employee Stock Purchase Plan.
3.
To ratify the appointment of Yount, Hyde & Barbour, P.C., as our independent registered public accounting firm for the year ending December 31, 2026.

 

The final voting results for each proposal, including the votes for and against, and any withheld, abstained, or broker non-votes, are described below.

 

 

Proposal 1 – Election of Directors

The Company’s shareholders elected all six nominees for director. For each nominee, the votes cast for and against, as well as withheld and broker non-votes, were as follows:

 

 

For

 

Withheld

 

Broker Non-Votes

Brandon C. Lorey

3,545,730

 

62,736

 

514,936

Douglas C. Rinker

3,413,048

 

195,418

 

514,936

John D. Stokely

3,413,365

 

195,101

 

514,936

Brian T. Strosser

3,473,284

 

135,182

 

514,936

Susan D. Davies

3,473,595

 

134,871

 

514,936

Karthik Shyamsunder

3,545,975

 

62,491

 

514,936

 

 

 

 

 

 

 

 

Proposal 2 – Approval of Eagle Financial Services, Inc. 2026 Employee Stock Purchase Plan

The Company’s shareholders approved the 2026 Employee Stock Purchase Plan. The votes cast for and against this proposal, as well as votes abstained and, broker non-votes, were as follows:

 

 

For

 

Against

 

Abstain

 

Broker Non-Votes

3,321,310

 

195,071

 

92,083

 

514,937

 

 

Proposal 3 – Ratification of Appointment of Independent Registered Public Accounting Firm

 

The Company’s shareholders approved the ratification of the Audit Committee’s selection of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for the year ending December 31, 2026. The votes cast for and against this proposal, as well as the votes abstained, were as follows:

 

 

For

 

Against

 

Abstain

4,080,508

 

24,801

 

18,092

 

 

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit

 

Description

No.

 

 

 

 

 

104

 

Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

 

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.

 

 

 

Eagle Financial Services, Inc.

 

 

 

 

Date:

May 20, 2026

By:

/s/ KATHLEEN J. CHAPPELL

 

 

 

Kathleen J. Chappell
Executive Vice President and CFO

 

Source: View Original Filing on SEC EDGAR

FAQ

What did Eagle Financial Services (EFSI) shareholders decide at the 2026 annual meeting?

Shareholders elected six directors, approved the 2026 Employee Stock Purchase Plan, and ratified Yount, Hyde & Barbour, P.C. as auditor for 2026. Each proposal received strong support, with several items earning over 3.3 million favorable votes.

How did Eagle Financial Services (EFSI) shareholders vote on the 2026 Employee Stock Purchase Plan?

Shareholders approved the 2026 Employee Stock Purchase Plan with 3,321,310 votes for, 195,071 against, and 92,083 abstentions, plus 514,937 broker non-votes. This result authorizes the company to implement the plan for eligible employees.

Were all director nominees elected at Eagle Financial Services’ 2026 annual meeting?

Yes. All six nominees—Brandon C. Lorey, Douglas C. Rinker, John D. Stokely, Brian T. Strosser, Susan D. Davies, and Karthik Shyamsunder—were elected. Each received more than 3.4 million votes for, with comparatively small numbers of withheld votes and 514,936 broker non-votes per nominee.

Who is Eagle Financial Services’ independent registered public accounting firm for 2026?

Shareholders ratified Yount, Hyde & Barbour, P.C. as the independent registered public accounting firm for the year ending December 31, 2026. The ratification received 4,080,508 votes for, 24,801 against, and 18,092 abstentions, indicating broad shareholder support.

What were the vote totals for Eagle Financial Services’ auditor ratification proposal?

The auditor ratification proposal received 4,080,508 votes for, 24,801 against, and 18,092 abstentions. These results confirm shareholder approval of Yount, Hyde & Barbour, P.C. as the company’s independent registered public accounting firm for the 2026 fiscal year.

How many broker non-votes occurred on Eagle Financial Services’ 2026 ESPP proposal?

The 2026 Employee Stock Purchase Plan proposal recorded 514,937 broker non-votes. Broker non-votes typically arise when brokers lack authority to vote uninstructed shares on non-routine matters, but the plan still passed with over 3.3 million votes in favor.

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