Security Midwest Bancorp wins 2026 equity plan approval

The 2026 Equity Incentive Plan vote included 303,492 votes for, 49,358 against, 17,716 abstentions and 210,261 broker non-votes.

Available on EDGAR 10/30/2026 - 09:03 AM EDT Accepted by SEC EDGAR 10/30/2026 - 09:03 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Security Midwest Bancorp, Inc. stockholders approved the 2026 Equity Incentive Plan at the October 19, 2026 annual meeting. They elected Kenton Day, James P. McClernon and Erin M. Stone to three-year director terms and ratified Wipfli LLP as the independent registered public accounting firm for the year ending December 31, 2026.

8-K Event Classification

3 items: 5.02, 5.07, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

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, or exhibit attachments filed with this report.

Key Figures

Equity plan votes for: 303,492 votes Equity plan votes against: 49,358 votes Equity plan abstentions: 17,716 votes +3 more

6 metrics

Equity plan votes for 303,492 votes 2026 Equity Incentive Plan approval

Equity plan votes against 49,358 votes 2026 Equity Incentive Plan approval

Equity plan abstentions 17,716 votes 2026 Equity Incentive Plan approval

Broker non-votes on equity plan 210,261 votes 2026 Equity Incentive Plan approval

Votes for Wipfli LLP 580,802 votes Ratification for the year ending December 31, 2026

Votes for James P. McClernon 298,815 votes Election to a three-year director term

Key Terms

Equity Incentive Plan, Broker Non-Votes, independent registered public accounting firm, Abstain

4 terms

Equity Incentive Plan financial

"approved the Security Midwest Bancorp, Inc. 2026 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

Broker Non-Votes financial

"210,261 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

"Wipfli LLP as the 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.

Abstain financial

"For | Against | Abstain | Broker Non-Votes"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How did SBMW stockholders vote on the 2026 Equity Incentive Plan?

The plan received 303,492 votes for, 49,358 against and 17,716 abstentions, with 210,261 broker non-votes.

Which directors were elected at the SBMW annual meeting, and what were their vote totals?

Kenton Day, James P. McClernon and Erin M. Stone were elected for three-year terms. They received 370,566, 298,815 and 370,266 votes for, respectively. Withhold votes were 0, 71,751 and 300, respectively; each had 210,261 broker non-votes.

How did SBMW stockholders vote on Wipfli LLP?

Stockholders ratified Wipfli LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 580,802 votes for, 0 against and 25 abstentions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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):   October 19, 2026

SECURITY MIDWEST BANCORP, INC.

(Exact Name of Registrant as Specified in Charter)

Maryland	000-56767	99-4917712
(State or Other Jurisdiction of Incorporation)	(Commission File No.)	(I.R.S. Employer Identification No.)

510 E. Monroe, Springfield, Illinois	62701
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code:

(217) 789-3500

Not Applicable

(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 (see General Instruction A.2. below):

☐	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
None

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 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers 

On October 19, 2026, the stockholders of Security Midwest Bancorp, Inc. (the “Company”) approved the Security Midwest Bancorp, Inc. 2026 Equity Incentive Plan (the “Equity Plan”). A description of the material terms of the Equity Plan is contained in the Company’s definitive proxy statement for the Annual Meeting of Stockholders filed with the Securities and Exchange Commission on September 15, 2026. A copy of the Equity Plan is filed as Exhibit 10.1 to this Current Report.

Item 5.07

Submission of Matters to a Vote of Security Holders.

On October 19, 2026, the Company held its Annual Meeting of Stockholders.  The results of the voting are set forth below.

1. The election of Directors, each for a three-year term and until their successors have been elected and shall qualify.

   	For	Withhold	Broker Non-Votes
   Kenton Day	370,566	0	210,261
   James P. McClernon	298,815	71,751	210,261
   Erin M. Stone	370,266	300	210,261

2. The ratification of the appointment of Wipfli LLP as the independent registered public accounting firm for the year ending December 31, 2026.

   For	Against	Abstain	Broker Non-Votes
   580,802	0	25
   			0

3. The approval of the Security Midwest Bancorp, Inc. 2026 Equity Incentive Plan.

For	Against	Abstain	Broker Non-Votes
303,492	49,358	17,716	210,261

Item 9.01 

Financial Statements and Exhibits

(d)

Exhibits

Exhibit No.

  Exhibit

10.1

Security Midwest Bancorp, Inc. 2026 Equity Incentive Plan (incorporated by reference to Appendix A to the proxy statement for the Annual Meeting of Stockholders filed with the Securities and Exchange Commission on September 15, 2026 (File No. 000-56767))

104

Cover Page Interactive Data File (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.

		SECURITY MIDWEST BANCORP, INC.
DATE: October 23, 2026	By:	/s/ Stephan P. Antonacci
		Stephan P. Antonacci
		President and Chief Executive Officer

0002036060 false 0002036060 2026-10-19 2026-10-19

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION - SCHEMA 3.0 KB
• EX-101 XBRL TAXONOMY EXTENSION - LABEL LINKBASE 17.0 KB
• EX-101 XBRL TAXONOMY EXTENSION - PRESENTATION LINKBASE 9.5 KB