8-K 1 brhc10025262_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): May 25, 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 5.07
Submission of Matters to a Vote of Security Holders.
Old Point Financial Corporation (the Company) held its annual stockholders' meeting (Annual Meeting) on May 25, 2021. A quorum of stockholders was present, consisting of a total of 4,245,753 shares, represented in person or by proxy. Matters voted upon were (1) the election of 12 directors to serve until the 2022 Annual Meeting of Stockholders, (2) approval, in an advisory, non-binding vote, of the compensation of the Company’s named executive officers, and (3) ratification of the appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021.

The 12 director nominees were elected and all other matters were approved by stockholders. The voting results with respect to each matter are set out below.

Election of Directors
Director Nominee
  
For
    
Against
    
Abstain
    
Broker
Non Votes
  
Stephen C. Adams
    
2,929,429
      
540,223
      
1,257
      
774,844
  
Russell Smith Evans, Jr.
    
2,917,766
      
548,578
      
4,565
      
774,844
  
Michael A. Glasser
    
2,568,765
      
830,017
      
72,127
      
774,844
  
Dr. Arthur D. Greene
    
2,920,350
      
545,312
      
5,247
      
774,844
  
John Cabot Ishon
    
2,929,895
      
539,624
      
1,390
      
774,844
  
William F. Keefe
    
3,074,422
      
315,676
      
80,811
      
774,844
  
Tom B. Langley
    
2,636,706
      
826,184
      
8,019
      
774,844
  
Robert F. Shuford, Sr.
    
2,938,387
      
531,218
      
1,304
      
774,844
  
Robert F. Shuford, Jr.
    
2,832.423
      
532,274
      
106,212
      
774,844
  
Ellen Clark Thacker
    
2,933,885
      
529,663
      
7,360
      
774,844
  
Elizabeth S. Wash
    
2,941,859
      
524,744
      
4,306
      
774,844
  
Joseph R. Witt
    
2,872,610
      
527,739
      
70,560
      
774,844
  

   
For
    
Against
    
Abstain
    
Broker
Non-Votes
  
Advisory Approval of the Compensation of the
                        
Company’s Named Executive Officers
    
2,855,428
      
574,395
      
41,086
      
774,844
  

   
For
    
Against
    
Abstain
  
Ratification of the Appointment of Yount, Hyde & Barbour, P.C.
                  
as the Company's Independent Registered Public Accountant
    
4,243,371
      
1,062
      
1,320
  

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: May 27, 2021
    
   
/s/ Robert F. Shuford, Jr.
  
       
   
Robert F. Shuford, Jr.
  
   
Chairman of the Board
  
   
President & Chief Executive Officer