---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-031630"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:54:24.851306+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# SB Financial shareholders elect three directors, ratify auditor, approve say-on-pay at 2023 annual meeting

## Summary
- Directors Claxton, Finn, Kissner elected with 2,974,988; 3,589,762; 3,533,735 votes for respectively.
- Ratification of FORVIS LLP as independent auditor for FY 2023 approved: 5,003,519 for, 62,413 against.
- Advisory say-on-pay resolution approved: 4,035,830 for, 56,479 against, 945,504 broker non-votes.
- Total shares represented: 5,072,698 or 72.43% of outstanding 7,003,063 shares.

## SEC filing metadata
- accession: 0001213900-23-031630
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/767405/000121390023031630/0001213900-23-031630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390023031630/ea177303-8k_sbfinancial.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-031630
- JSON: https://secwatch.observer/filing/0001213900-23-031630.json
- Plain text: https://secwatch.observer/filing/0001213900-23-031630.txt

## Key facts
- Shareholder Votes
  SB FINANCIAL GROUP, INC. shareholders approved Ratification of FORVIS, LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-04-19 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-04-19
  source text: Proposal No. 2: Shareholders holding a majority of the SB Financial common shares represented in person or by proxy at the Annual Meeting approved Proposal No. 2, to ratify the appointment of FORVIS, LLP as the independent registered public accounting firm of SB Financial Group for the fiscal year ending December 31, 2023: Number of Votes For Against Broker Non-Votes Abstain 5,003,519 62,413 N/A 6,766
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390023031630/0001213900-23-031630-index.htm
- Shareholder Votes
  SB FINANCIAL GROUP, INC. shareholders approved Non-binding advisory resolution to approve the compensation of SB Financial's named executive officers at the 2023-04-19 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-04-19
  source text: Proposal No. 3: Shareholders holding a majority of the SB Financial common shares represented in person or by proxy at the Annual Meeting approved Proposal No. 3, to consider and vote upon a non-binding advisory resolution to approve the compensation of SB Financial's named executive officers: Number of Votes For Against Broker Non-Votes Abstain 4,035,830 56,479 945,504 34,885
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390023031630/0001213900-23-031630-index.htm
- Shareholder Votes
  SB FINANCIAL GROUP, INC. shareholders approved Election of three directors for three-year terms expiring in 2026 at the 2023-04-19 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-04-19
  source text: Proposal No. 1: The following directors were elected at the Annual Meeting for three-year terms expiring in 2026: Number of Votes For Withheld Broker Non-Votes Timothy L. Claxton 2,974,988 1,152,206 945,504 Gaylyn J. Finn 3,589,762 537,432 945,504 Rita A. Kissner 3,533,735 593,459 945,504
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390023031630/0001213900-23-031630-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.