pvbc-20230518x8k
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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 18, 2023

PROVIDENT BANCORP, INC.

(Exact Name of Registrant as Specified in Charter)

Maryland

001-39090

84-4132422

(State or Other Jurisdiction

(Commission File No.)

(I.R.S. Employer

of Incorporation)

Identification No.)

5 Market Street, Amesbury, Massachusetts

01913

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (978) 834-8555

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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o 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 each exchange on which registered

Common stock

PVBC

The NASDAQ Stock Market LLC

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

o

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. o


‎

Item 5.07 Submission of Matters to a Vote of Security Holders

At the Annual Meeting of Shareholders of the Company held on May 18, 2023, the Company’s shareholders voted on the following matters:

 

1.The election of the following three individuals to serve on the Company’s Board of Directors for the terms indicated and until their successors have been duly elected:

NAME

FOR

WITHHELD

BROKER NON-VOTES

James A. Deleo

(three-year term)

8,063,489

4,632,857

2,587,896

Laurie H. Knapp

(three-year term)

7,675,245

5,021,101

2,587,896

Barbara A. Piette

(three-year term)

8,067,749

4,628,597

2,587,896

2.The ratification of the appointment of Crowe LLP as independent registered public accounting firm of the Company for the year ending December 31, 2023:

FOR

AGAINST

ABSTAIN

14,221,470

814,398

248,374

3.The approval of an advisory, non-binding resolution with respect to executive compensation:

FOR

AGAINST

ABSTAIN

BROKER NON-VOTES

7,675,187

4,463,729

557,430

2,587,896

Item 9.01 Financial Statements and Exhibits

Not Applicable


‎

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.

PROVIDENT BANCORP, INC.

DATE: May 22, 2023

By:

/s/ Joseph B. Reilly

Joseph B. Reilly

Co-President and Co-Chief Executive Officer

DATE: May 22, 2023

By:

/s/ Carol L. Houle

Carol L. Houle

Co-President and Co-Chief Executive Officer, and Chief Financial Officer