Norwood Financial holders approve 3 proposals
Norwood Financial Corp held its Annual Meeting of Stockholders on April 28, 2026.
Sentiment and the balance of points
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Form Type
8-K
Rhea-AI Filing Summary
Norwood Financial Corp held its Annual Meeting of Stockholders on April 28, 2026. Stockholders elected three directors to the board: Kevin M. Lamont, Dr. Kenneth A. Phillips and Jeffrey S. Gifford. All three received more than 5.7 million votes each, with broker non-votes of 1,986,804 reported for each director.
Stockholders also approved two additional proposals, each receiving more votes cast “For” than “Against.” One proposal received 7,956,697 votes for, 51,063 against and 301,876 abstentions, while another received 5,282,802 for, 802,735 against and 237,295 abstentions, with 1,986,804 broker non-votes.
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
Votes for Kevin M. Lamont: 5,723,340 votes
Votes for Dr. Kenneth A. Phillips: 5,740,131 votes
Votes for Jeffrey S. Gifford: 6,201,415 votes
+3 more
6 metrics
Votes for Kevin M. Lamont
5,723,340 votes
Director election at Annual Meeting of Stockholders on April 28, 2026
Votes for Dr. Kenneth A. Phillips
5,740,131 votes
Director election at Annual Meeting of Stockholders on April 28, 2026
Votes for Jeffrey S. Gifford
6,201,415 votes
Director election at Annual Meeting of Stockholders on April 28, 2026
Broker non-votes on director elections
1,986,804 votes
Same broker non-vote figure for each of the three director nominees
Proposal 2 votes for
7,956,697 votes
Second proposal voted on at April 28, 2026 Annual Meeting
Proposal 3 votes for
5,282,802 votes
Third proposal voted on at April 28, 2026 Annual Meeting
Key Terms
Annual Meeting of Stockholders, definitive proxy statement, broker non-votes, emerging growth company
4 terms
Annual Meeting of Stockholders regulatory
"The Annual Meeting of Stockholders of Norwood Financial Corp (the “Company”) was held on April 28, 2026."
definitive proxy statement regulatory
"the proposals are described in detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 25, 2026."
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
broker non-votes financial
"For | | Withhold | | Broker Non-Votes Kevin M. Lamont | | 5,723,340 | | 599,492 | | 1,986,804"
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.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Norwood Financial Corp (NWFL) stockholders decide at the April 28, 2026 meeting?
Stockholders approved three proposals at the April 28, 2026 Annual Meeting. They elected Kevin M. Lamont, Dr. Kenneth A. Phillips and Jeffrey S. Gifford as directors and passed two additional proposals, each receiving more votes cast “For” than “Against.”
Which directors were elected to Norwood Financial Corp’s (NWFL) board in 2026?
Stockholders elected Kevin M. Lamont, Dr. Kenneth A. Phillips and Jeffrey S. Gifford as directors. Each nominee received more than 5.7 million “For” votes, with broker non-votes of 1,986,804 recorded for each director position on the ballot.
How many votes did the second proposal at Norwood Financial (NWFL) receive?
The second proposal received 7,956,697 votes for, 51,063 against and 301,876 abstentions. No broker non-votes were reported for this proposal, indicating that only entitled and voting stockholders determined the outcome of this specific item.
What were the voting results for the third proposal at Norwood Financial (NWFL)?
The third proposal received 5,282,802 votes for, 802,735 against and 237,295 abstentions. There were also 1,986,804 broker non-votes, meaning some shares were present but not voted on this particular proposal at the meeting.
Where can Norwood Financial Corp (NWFL) investors find more detail on the 2026 meeting proposals?
The specific proposals voted on at the April 28, 2026 Annual Meeting are described in the company’s definitive proxy statement filed on March 25, 2026. That document explains each proposal’s purpose, background and the board’s recommendations to stockholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
