ServisFirst (NYSE: SFBS) investors re-elect board, approve pay and Forvis Mazars

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

ServisFirst Bancshares, Inc. reported the results of its annual shareholder meeting, where all seven director nominees were elected. Support levels for individual directors were high, with each receiving over 37 million votes in favor and substantial broker non-votes recorded.

Shareholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with more than 38.9 million votes cast in favor. In addition, shareholders approved the ratification of Forvis Mazars, LLP as independent registered public accounting firm for the year ending December 31, 2026 by more than 47.1 million 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 Thomas A. Broughton III: 39,308,507 votes Votes for J. Richard Cashio: 37,441,920 votes Broker non-votes on director elections: 7,700,236 votes +4 more

7 metrics

Votes for Thomas A. Broughton III 39,308,507 votes Director election at annual meeting

Votes for J. Richard Cashio 37,441,920 votes Director election at annual meeting

Broker non-votes on director elections 7,700,236 votes Each director nominee

Say-on-pay votes for 38,957,805 votes Advisory executive compensation approval

Say-on-pay votes against 635,190 votes Advisory executive compensation approval

Auditor ratification votes for 47,115,048 votes Forvis Mazars, LLP for 2026

Auditor ratification votes against 157,016 votes Forvis Mazars, LLP for 2026

Key Terms

non-binding advisory basis, broker non-votes, independent registered public accounting firm, Annual Meeting, +1 more

5 terms

non-binding advisory basis financial

"shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers"

A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.

broker non-votes financial

"Nominee | For | Withhold | 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

"the appointment of Forvis Mazars, LLP 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.

Annual Meeting financial

"At the Annual Meeting, all seven directors were elected"

A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.

named executive officers financial

"the compensation of the Company’s named executive officers"

Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.

Understanding 8-K Material Events →

05/19/2026 - 05:25 PM

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

ServisFirst Bancshares, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-36452	26-0734029
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

2500 Woodcrest Place, Homewood, Alabama		35209
(Address of principal executive offices)		(Zip Code)

(205) 949-0302

(Registrant’s telephone number, including area code)

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:

☐

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	Name of exchange on which registered
Common	SFBS	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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. ☐

Section 5 – Corporate Governance and Management

Item 5.07 – Submission of Matters to a Vote of Security Holders.

(a)

On May 18, 2026, ServisFirst Bancshares, Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, shareholders were asked to vote on (1) the election of seven directors; (2) an advisory vote on the compensation of the Company’s named executive officers; and (3) the ratification of the appointment of Forvis Mazars, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. As of the record date of the Annual Meeting, 54,663,945 shares of common stock were issued and outstanding, with 47,395,821 shares of common stock present in person or represented by proxies at the Annual Meeting.

At the Annual Meeting, all seven directors were elected, and the Company’s shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers and approved the ratification of the appointment of Forvis Mazars, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

(b)

The final results of the voting for the election of seven directors are set forth below:

Nominee	For	Withhold	Broker non-votes
Thomas A. Broughton III	39,308,507	387,078	7,700,236
J. Richard Cashio	37,441,920	2,253,665	7,700,236
James J. Filler	38,691,085	1,004,500	7,700,236
Betsy Bugg Holloway	38,856,855	838,730	7,700,236
Christopher J. Mettler	38,844,395	851,190	7,700,236
Hatton C.V. Smith	38,597,766	1,097,819	7,700,236
Irma L. Tuder	38,784,790	910,795	7,700,236

The final results for the advisory vote on the compensation of the Company’s named executive officers is set forth below:

For	Against	Abstain	Broker non-votes
38,957,805	635,190	102,590	7,700,236

The final results for the advisory vote on the ratification of the appointment of Forvis Mazars, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 is set forth below:

For	Against	Abstain	Broker non-votes
47,115,048	157,016	123,757	-

SIGNATURE

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.

	SERVISFIRST BANCSHARES, INC.



	/s/ Thomas A. Broughton, III
Dated: May 19, 2026	By: Thomas A. Broughton III
	Chairman, President and Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What did ServisFirst Bancshares (SFBS) shareholders approve at the latest annual meeting?

Shareholders elected all seven directors, approved executive compensation on a non-binding advisory basis, and ratified Forvis Mazars, LLP as independent registered public accounting firm for the year ending December 31, 2026.

How did ServisFirst (SFBS) shareholders vote on director elections in 2026?

All seven director nominees were elected, each receiving at least 37.4 million votes in favor. Broker non-votes totaled 7,700,236 for each nominee, indicating broad support among voting shareholders for the existing board slate.

What were the ServisFirst (SFBS) say-on-pay results for named executive officers?

The advisory vote on executive compensation received 38,957,805 votes in favor, 635,190 against, and 102,590 abstentions, with 7,700,236 broker non-votes. This indicates shareholders largely supported the company’s compensation program for named executive officers.

Which audit firm did ServisFirst (SFBS) shareholders ratify for 2026?

Shareholders ratified Forvis Mazars, LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 47,115,048 votes for, 157,016 against, and 123,757 abstentions, and no broker non-votes reported for this proposal.

Was the ServisFirst (SFBS) executive pay vote binding on the company?

No. The shareholder vote on named executive officer compensation was expressly described as non-binding and advisory. It reflects shareholder views on compensation but does not by itself change or set compensation arrangements.

How many broker non-votes were recorded in the ServisFirst (SFBS) 2026 meeting?

Broker non-votes totaled 7,700,236 for the director elections and the executive compensation advisory vote. The auditor ratification proposal reported no broker non-votes, only for, against, and abstain votes.

Filing Exhibits & Attachments

3 documents