---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-034320"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T17:33:12.210849+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Directors Carter, Helberg, and Kissner elected for three-year terms with majority votes (3.4M, 3.5M, 2.8M for).
- Ratification of FORVIS, LLP as independent auditor approved with 5,026,306 votes for, 80,898 against.
- Non-binding advisory vote on named executive officer compensation passed with 3,853,296 for, 198,577 against.
- Voter turnout 75.27% (5,109,290 shares represented of 6,787,451 outstanding).
- All three proposals were approved by shareholders at the April 17, 2024 annual meeting.

## SEC filing metadata
- accession: 0001213900-24-034320
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/767405/000121390024034320/0001213900-24-034320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390024034320/ea0204155-8k_sbfinancial.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-034320
- JSON: https://secwatch.observer/filing/0001213900-24-034320.json
- Plain text: https://secwatch.observer/filing/0001213900-24-034320.txt

## Key facts
- Shareholder Votes
  SB FINANCIAL GROUP, INC. shareholders approved Ratify the appointment of FORVIS, LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-04-17 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-04-17
  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, 2024: Number of Votes For Against Broker Non-Votes Abstain 5,026,306 80,898 N/A 2,086
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390024034320/0001213900-24-034320-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 2024-04-17 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-04-17
  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 3,853,296 198,577 1,016,355 41,062
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390024034320/0001213900-24-034320-index.htm
- Shareholder Votes
  SB FINANCIAL GROUP, INC. shareholders approved Election of directors for three-year terms expiring in 2027 at the 2024-04-17 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-04-17
  source text: Proposal No. 1: The following directors were elected at the Annual Meeting for three-year terms expiring in 2027: Number of Votes For Withheld Broker Non-Votes George W. Carter 3,431,973 660,962 1,016,355 Tom R. Helberg 3,465,380 627,555 1,016,355 Rita A. Kissner 2,825,479 1,267,456 1,016,355
  evidence_url: https://www.sec.gov/Archives/edgar/data/767405/000121390024034320/0001213900-24-034320-index.htm

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