Shareholders at Orange County Bancorp (OBT) approve all 2026 meeting proposals
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Orange County Bancorp, Inc. reported that stockholders approved all proposals at its Annual Meeting held on May 26, 2026. Three director nominees, including Michael J. Gilfeather, Marianna R. Kennedy, and Richard B. Rowley, were each elected to three-year terms with strong majorities and broker non-votes reported.
Stockholders also approved an additional proposal with 10,383,141 votes for, 3,697 against, and 153,176 abstentions, with no broker non-votes. The meeting outcomes confirm continued stockholder support for the company’s board and agenda as presented in its definitive proxy statement dated April 15, 2026.
Positive
- None.
Negative
- None.
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 Michael J. Gilfeather: 9,208,032 votes
Votes for Marianna R. Kennedy: 8,654,151 votes
Votes for Richard B. Rowley: 8,915,197 votes
+1 more
4 metrics
Votes for Michael J. Gilfeather
9,208,032 votes
Director election for three-year term with broker non-votes
Votes for Marianna R. Kennedy
8,654,151 votes
Director election for three-year term with broker non-votes
Votes for Richard B. Rowley
8,915,197 votes
Director election for three-year term with broker non-votes
Votes for additional proposal
10,383,141 for; 3,697 against; 153,176 abstain
Stockholder proposal with no broker non-votes
Key Terms
Annual Meeting of Stockholders, definitive proxy statement, broker non-votes, Emerging growth company
4 terms
Annual Meeting of Stockholders financial
"The Annual Meeting of Stockholders of Orange County Bancorp, Inc. was held on May 26, 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 April 15, 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
"The final results of the stockholder vote were as follows ... Broker Non-Votes"
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
"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
What did Orange County Bancorp (OBT) announce from its 2026 Annual Meeting?
Orange County Bancorp announced that all proposals at its May 26, 2026 Annual Meeting were approved. Stockholders elected three directors to three-year terms and passed an additional proposal, reflecting broad support for the company’s proxy statement filed on April 15, 2026.
Were Orange County Bancorp (OBT) director nominees elected by stockholders?
Yes, all three Orange County Bancorp director nominees were elected to three-year terms. Michael J. Gilfeather, Marianna R. Kennedy, and Richard B. Rowley each received strong majorities of votes cast, along with reported broker non-votes typical in uncontested director elections.
How many votes supported the additional proposal at Orange County Bancorp’s 2026 meeting?
The additional proposal received 10,383,141 votes for, 3,697 against, and 153,176 abstentions. There were no broker non-votes reported on this item, indicating substantial approval among voting stockholders for the proposal described in the company’s definitive proxy statement.
What does broker non-votes mean in Orange County Bancorp’s 2026 vote results?
Broker non-votes are shares held in street name where brokers did not receive voting instructions for certain proposals. In Orange County Bancorp’s 2026 meeting, broker non-votes appeared in director elections but not on the additional proposal, which typically allows discretionary broker voting.
Who signed the Orange County Bancorp (OBT) report on the 2026 stockholder meeting?
Executive Vice President and Chief Financial Officer Michael Lesler signed the report on behalf of Orange County Bancorp. His signature confirms the company’s authorization of the disclosed final voting results from the May 26, 2026 Annual Meeting of Stockholders.