secwatch.observer — SEC 8-K summary
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Issuer:     SECURITY FEDERAL CORP (SFDL)
CIK:        0000818677
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0000939057-25-000138
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders elect four directors; say-on-pay passes with 92%
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- Thomas L. Moore, J. Chris Verenes, Richard T. Harmon, and Frampton W. Toole III elected as directors for three-year terms.
- Say-on-pay proposal approved by 92% of shares present (2,250,074 for, 160,399 against, 26,910 abstain).
- Quorum of 2,437,383 shares present out of 3,186,093 outstanding.
- Seven incumbent directors continue their terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818677/000093905725000138/0000939057-25-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818677/000093905725000138/secfed8k5925.htm
  HTML page:      https://secwatch.observer/filing/0000939057-25-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer