---
schema_version: "secwatch.filing_event.v1"
accession: "0001423869-23-000029"
form_type: "8-K"
ticker: "PCB"
cik: "0001423869"
company_name: "PCB BANCORP"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T12:44:44.231437+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# PCB Bancorp shareholders elect all director nominees, approve 2023 equity plan, ratify auditor

## Summary
- All eight director nominees elected; Haeyoung Cho received 6,096,927 votes for (lowest among nominees).
- 2023 equity based compensation plan approved with 7,693,531 for and 921,445 against.
- Crowe LLP ratified as independent auditor for FY2023: 10,582,258 for, 2,066 against.
- Voter turnout: 10,618,259 shares voted, representing 74.26% of outstanding shares (14,297,870 total).

## SEC filing metadata
- accession: 0001423869-23-000029
- form_type: 8-K
- ticker: PCB
- cik: 0001423869
- company_name: PCB BANCORP
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000029/0001423869-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000029/pcb-20230525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001423869-23-000029
- JSON: https://secwatch.observer/filing/0001423869-23-000029.json
- Plain text: https://secwatch.observer/filing/0001423869-23-000029.txt

## Key facts
- Shareholder Votes
  PCB BANCORP shareholders approved Election of directors at the 2023-05-25 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Nominee Votes For Votes Withheld Broker Non-Vote Kijun Ahn 7,760,628 871,239 1,986,392 Daniel Cho 8,533,271 98,596 1,986,392 Haeyoung Cho 6,096,927 2,534,940 1,986,392 Janice Chung 8,534,988 96,879 1,986,392 Henry Kim 8,509,880 121,987 1,986,392 Sang Young Lee 7,492,276 1,139,591 1,986,392 Hong Kyun “Daniel” Park 8,534,887 96,980 1,986,392 Don Rhee 7,760,638 871,229 1,986,392 Each of the nominees noted above was elected to serve as members of the board of directors of the Company until the Company’s next annual meeting of shareholders and until their successors are duly elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000029/0001423869-23-000029-index.htm
- Shareholder Votes
  PCB BANCORP shareholders approved Approval of the Company's 2023 equity based compensation plan at the 2023-05-25 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Vote Type Total Shares Votes For 7,693,531 Votes Against 921,445 Votes Abstain 16,891 Broker Non-Vote 1,986,392 The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000029/0001423869-23-000029-index.htm
- Shareholder Votes
  PCB BANCORP shareholders approved Ratification of the appointment of Crowe LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-25 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Vote Type Total Shares Votes For 10,582,258 Votes Against 2,066 Votes Abstain 33,935 Broker Non-Vote — The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1423869/000142386923000029/0001423869-23-000029-index.htm

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