First United shareholders elect all director nominees, approve say-on-pay and auditor at 2024 annual meeting

FIRST UNITED CORP/MD/

All 11 director nominees elected with strong majority support (range 3.48M to 3.60M votes for).
Proposal to reduce vote requirement from two-thirds to majority passed with 3,532,785 for vs 208,333 against.
Advisory vote on executive compensation approved: 3,491,322 for, 234,313 against.
Ratification of Crowe LLP as auditor for 2024 passed with 5,044,211 for, 25,510 against.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

FIRST UNITED CORP/MD/ shareholders approved Ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-09 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2024-05-09

Exact text from the filing

Proposal 4 – Ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2024: For Against Abstain Broker Non-Votes 5,044,211 25,510 14,126 0

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

FIRST UNITED CORP/MD/ shareholders approved Reduce the votes required to approve certain shareholder actions, from two-thirds of all votes entitled to be cast on the matter to a majority of all votes entitled to be cast on the matter at the 2024-05-09 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2024-05-09

Exact text from the filing

Proposal 2 – Reduce the votes required to approve certain shareholder actions, from two-thirds of all votes entitled to be cast on the matter to a majority of all votes entitled to be cast on the matter. For Against Abstain Broker Non-Votes 3,532,785 208,333 75,492 1,267,237

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

FIRST UNITED CORP/MD/ shareholders approved Election of 11 directors to serve on the Board until the 2025 annual meeting at the 2024-05-09 meeting.

Proposal: director election
Outcome: passed
Meeting: 2024-05-09

Exact text from the filing

Proposal 1 – Election of 11 directors to serve on the Corporation’s Board of Directors (the “Board”), each until the 2025 annual meeting of shareholders and until his or her successor is duly elected and qualified. For Withheld Abstain Broker Non-Votes John F. Barr 3,598,824 188,867 28,919 1,267,237

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

FIRST UNITED CORP/MD/ shareholders approved Adoption of advisory resolution approving the compensation paid to the Corporation’s named executive officers for 2023 at the 2024-05-09 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2024-05-09

Exact text from the filing

Proposal 3 – Adoption of advisory resolution approving the compensation paid to the Corporation’s named executive officers for 2023: For Against Abstain Broker Non-Votes 3,491,322 234,313 90,975 1,267,237

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1183 shareholder votes filed in the last 30 days. Browse all shareholder votes →

FIRST UNITED CORP/MD/ filing history →

Source: SEC EDGAR

accession 0001104659-24-059959

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