{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-015329","form_type":"8-K","ticker":null,"cik":"0000741516","company_name":"AMERICAN NATIONAL BANKSHARES INC.","filed_at":"2023-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.129787+00:00","generated_at":"2026-06-14T20:17:34.366999+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"American National Bankshares amends bylaws to allow virtual meetings, tighten shareholder proposal deadlines","bullets":["Removed inactive Series A preferred stock designation from articles; no shares outstanding.","Bylaws now permit virtual-only annual meetings; advance notice for shareholder proposals increased from 60 to 120 days.","Removed requirement that directors own $1,000+ of stock; added Lead Independent Director role.","Executive Chairman duties defined; President/CEO given authority to appoint SVP and below.","Proxy card color other than white required for shareholders soliciting proxies."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-015329","json":"https://secwatch.observer/filing/0001437749-23-015329.json","markdown":"https://secwatch.observer/filing/0001437749-23-015329.md","text":"https://secwatch.observer/filing/0001437749-23-015329.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/741516/000143774923015329/0001437749-23-015329-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/741516/000143774923015329/amcannb20230518_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T20:17:34.366999+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2b359e22ccaf8f888cd4c376da1dc6374d6a261d","claim":"AMERICAN NATIONAL BANKSHARES INC.: Articles of Incorporation amended to remove terms of Series A Preferred Stock (effective 2023-05-18).","evidence_excerpt":"Effective May 18, 2023, the Articles of Incorporation (the “Articles”) of American National Bankshares Inc. (the “Company”) were amended to remove Section C of Article 3, which established the terms of the Company’s noncumulative perpetual Series A preferred stock (the “Series A Preferred Stock”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/741516/000143774923015329/0001437749-23-015329-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-05-18"}],"fact_type":"governance_change"},{"claim_id":"8c15b99d7833d79a811308b97bf9257c9ab2b52f","claim":"AMERICAN NATIONAL BANKSHARES INC.: Bylaws amended to allow virtual-only annual meetings, increase advance notice, and other governance changes (effective 2023-05-16).","evidence_excerpt":"On May 16, 2023, the Board of Directors (the “Board”) of the Company approved and adopted Amended and Restated Bylaws of the Company (the “Bylaws”), effective as of the same date.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/741516/000143774923015329/0001437749-23-015329-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-05-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}