Date of Report (Date of Earliest Event Reported): May 8, 2024 (May 7, 2024)
ENTERPRISE BANCORP, INC.
(Exact name of registrant as specified in charter)
Massachusetts
001-33912
04-3308902
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
222 Merrimack Street
Lowell,
Massachusetts
01852
(Address of principal executive offices)
(Zip Code)
(978)459-9000
(Registrant’s telephone number, including area code)
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(s)
Name of each exchange on which registered
Common Stock, $0.01 par value per share
EBTC
NASDAQ Stock Market
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 5.07.Submission of Matters to a Vote of Security Holders.
(a) The 2024 annual meeting of shareholders (the “2024 Annual Meeting”) of Enterprise Bancorp, Inc. (the “Company”) was held on May 7, 2024.
(b) At the 2024 Annual Meeting, holders of the Company’s shares of common stock voted to (i) elect all of the individuals nominated by the Company’s Board of Directors (the “Board”) to serve as directors of the Company, each to serve for a three-year term expiring at the 2027 annual meeting of shareholders or until their respective successors are duly elected and qualified, or until their earlier resignation, death or removal from office, (ii) conduct a non-binding advisory vote to approve the compensation of the Company’s named executive officers (the “Say on Pay Proposal”), and (iii) ratify the appointment of RSM US LLP by the Audit Committee of the Board (the “Audit Committee”) as the Company’s independent registered public accounting firm for the year ending December 31, 2024. Votes were cast by the Company’s shareholders at the 2024 Annual Meeting as follows:
1.To elect the five individuals nominated by the Board to serve as directors of the Company, each to serve for a three-year term expiring at the 2027 annual meeting of shareholders or until their respective successors are duly elected and qualified, or until their earlier resignation, death or removal from office.
Nominee
For
Against
Abstain
Broker Non-votes
Gino J. Baroni
7,050,577
1,015,936
366,364
1,300,291
John P. Clancy, Jr.
7,126,261
905,278
401,338
1,300,291
James F. Conway, III
6,477,037
1,581,792
374,047
1,300,291
John T. Grady, Jr.
7,081,012
987,345
364,520
1,300,291
Mary Jane King
7,049,515
989,490
393,872
1,300,291
2.To conduct a non-binding advisory vote to approve the Say on Pay Proposal.
For
Against
Abstain
Broker Non-votes
7,736,080
316,866
379,931
1,300,291
3.To ratify the Audit Committee’s appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024.
For
Against
Abstain
Broker Non-votes
9,404,479
270,335
58,354
—
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.
ENTERPRISE BANCORP, INC.
Date: May 8, 2024
By:
/s/ Joseph R. Lussier
Joseph R. Lussier
Executive Vice President, Treasurer and Chief Financial Officer