8-K 1 brhc10023534_8k.htm 8-K
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): April 20, 2021

OLD POINT FINANCIAL CORPORATION
 (Exact name of registrant as specified in its charter)

Virginia
000-12896
54-1265373
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

101 East Queen Street
Hampton, Virginia  23669
(Address of principal executive offices)  (Zip Code)

(757)728-1200
(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(s)
Name of each exchange on which registered
Common Stock, $5.00 par value
OPOF
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 ☐

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 April 20, 2021, Old Point Financial Corporation (the Company) and Eugene M Jordan, II agreed that Mr. Jordan will transition into the position of General Counsel of the Company. Mr. Jordan currently serves as President & CEO of Old Point Trust & Financial Services, N.A., a wholly owned subsidiary of the Company (Old Point Trust). The Company will be conducting an executive search for a new President & CEO of Old Point Trust. Mr. Jordan will continue to serve as President & CEO of Old Point Trust until, and will begin serving as General Counsel of the Company when, his successor joins Old Point Trust.  The Company has not made any changes to Mr. Jordan’s compensation arrangements in connection with Mr. Jordan’s this planned transition.

Item 7.01
Regulation FD Disclosure.

On April 22, 2021, the Company issued a press release announcing the appointment of Mr. Jordan and the executive search for a new President & CEO of Old Point Trust. A copy of the Company’s press release is attached as Exhibit 99.1 to the Current Report on Form 8-K and is incorporated by reference herein.

The information disclosed in or incorporated by reference into this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934.

Item 9.01
Financial Statements and Exhibits
 
(d)
Exhibits.

Exhibit No.
Description
Press release dated April 22, 2021.

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.
Old Point Financial Corporation


Registrant





Date: April 22, 2021



/s/ Robert F. Shuford, Jr.


 


Robert F. Shuford, Jr.


Chairman of the Board


President & Chief Executive Officer