ACNB Corporation (NASDAQ:ACNB) Files An 8-K Submission of Matters to a Vote of Security HoldersITEM 5.07 Submission of Matters to a Vote of Security Holders
As previously reported, the Company held its 2017 Annual Meeting of Shareholders on May 2, 2017 (the “Shareholders Meeting”). In the Original 8-K, the Company reported the results of the voting at the Shareholders Meeting, including that the shareholders voted to recommend holding future non-binding, advisory votes on the compensation of the Company’s Named Executive Officers every one (1) year.
In light of the shareholder vote above, the Board of Directors has decided that the Company will include a non-binding shareholder vote on the compensation of executives in the proxy materials annually until the next required vote on the frequency of non-binding shareholder votes on the compensation of executives, which will occur no later than the 2023 Annual Meeting of Shareholders.
