Quaint Oak Bancorp (QNTO) holders back board nominees and 2026 auditor at Annual Meeting
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Quaint Oak Bancorp, Inc. reported the results of its Annual Meeting of Shareholders held on May 13, 2026. Shareholders elected three directors, James J. Clarke, Ph.D., William R. Gonzalez, MBA, and Susan M. Vettori, each to serve a three-year term expiring in 2029.
Out of 2,640,997 common shares eligible to vote, 1,603,847 were represented in person or by proxy, establishing a quorum. Shareholders also approved the ratification of S.R. Snodgrass, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
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.
Key Figures
Shares eligible to vote: 2,640,997 shares
Shares represented: 1,603,847 shares
Votes for James J. Clarke: 1,089,319 votes
+5 more
8 metrics
Shares eligible to vote
2,640,997 shares
Common stock eligible at Annual Meeting
Shares represented
1,603,847 shares
Shares present in person or by proxy at Annual Meeting
Votes for James J. Clarke
1,089,319 votes
Director election for three-year term expiring 2029
Votes for William R. Gonzalez
1,085,876 votes
Director election for three-year term expiring 2029
Votes for Susan M. Vettori
1,045,739 votes
Director election for three-year term expiring 2029
Votes for auditor ratification
1,593,196 votes
Ratification of S.R. Snodgrass, P.C. for year ending December 31, 2026
Votes against auditor ratification
9,039 votes
Ratification of S.R. Snodgrass, P.C. for 2026
Abstentions on auditor ratification
1,612 votes
Ratification of S.R. Snodgrass, P.C. for 2026
Key Terms
Annual Meeting of Shareholders, quorum, broker non-votes, independent registered public accounting firm, +1 more
5 terms
quorum financial
"1,603,847 shares were represented in person or by proxy at the Annual Meeting, which constituted a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
broker non-votes financial
"Name of Nominees | | FOR | | WITHHELD | | 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.
independent registered public accounting firm financial
"to ratify the appointment of S.R. Snodgrass, P.C. as the Company’s independent registered public accounting firm"
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.
proxy financial
"1,603,847 shares were represented in person or by proxy at the Annual Meeting"
A proxy is the authorization a shareholder gives to another person or document to cast votes on their behalf at a company meeting. Think of it like handing someone your voting ticket so they can represent your choices on board elections, executive pay, mergers and other big decisions; it matters because proxies determine who controls the company and which proposals pass, directly affecting share value and investor returns.
FAQ
Who were the directors elected at Quaint Oak Bancorp’s 2026 Annual Meeting and what terms will they serve?
Shareholders elected James J. Clarke, Ph.D., William R. Gonzalez, MBA, and Susan M. Vettori as directors. Each director will serve a three-year term expiring in 2029, continuing oversight of the company’s governance and strategy on behalf of all shareholders.
What were the vote results for Quaint Oak Bancorp (QNTO) director elections in 2026?
James J. Clarke received 1,089,319 votes for and 60,200 withheld; William R. Gonzalez received 1,085,876 for and 63,943 withheld; Susan M. Vettori received 1,045,739 for and 104,080 withheld. Each nominee also had 454,028 broker non-votes recorded.