Farmers & Merchants Bancorp board elects annual say-on-pay votes after shareholder advisory recommendation

FARMERS & MERCHANTS BANCORP INC

Shareholders recommended annual advisory votes on executive compensation; Board adopted annual frequency.
Decision effective until next required frequency vote under SEC rules.
No other changes from original 8-K filing.

item 5.07

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

FARMERS & MERCHANTS BANCORP INC shareholders approved Advisory vote on frequency of future say-on-pay votes.

Proposal: say on pay frequency
Outcome: passed

Exact text from the filing

the Company’s shareholders voted to recommend, on a non-binding and advisory basis, that future shareholder advisory votes on the compensation paid to the Company’s named executive officers be held annually.

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Source: SEC EDGAR

accession 0000950170-23-043146

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