---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-015794"
form_type: "8-K"
ticker: "FCBC"
cik: "0000859070"
company_name: "FIRST COMMUNITY BANKSHARES INC /VA/"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T15:20:01.721294+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# First Community Bankshares annual meeting elects directors, approves say-on-pay, ratifies auditor

## Summary
- Gary R. Mills and M. Adam Sarver elected as Class of 2026 directors; Mills received 8,412,749 votes for, Sarver 6,468,145.
- Advisory vote on executive compensation approved: 8,793,771 for, 200,187 against, 51,648 abstentions.
- Ratification of Elliott Davis PLLC as independent auditor for 2023 passed: 9,828,549 for, 1,729,754 against.
- Total shares voted: 11,453,901 out of 16,228,524 outstanding (70.58% quorum).

## SEC filing metadata
- accession: 0001437749-23-015794
- form_type: 8-K
- ticker: FCBC
- cik: 0000859070
- company_name: FIRST COMMUNITY BANKSHARES INC /VA/
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: other
- 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/859070/000143774923015794/0001437749-23-015794-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/859070/000143774923015794/fcbc20230523_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-015794
- JSON: https://secwatch.observer/filing/0001437749-23-015794.json
- Plain text: https://secwatch.observer/filing/0001437749-23-015794.txt

## Key facts
- Shareholder Votes
  FIRST COMMUNITY BANKSHARES INC /VA/ shareholders approved To elect two (2) directors to serve as members of the Board of Directors Class of 2026. at the 2023-05-23 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-23
  source text: Proposal 1: To elect two (2) directors to serve as members of the Board of Directors Class of 2026. Nominee Votes For Votes Withheld Abstentions Broker Non-Votes Gary R. Mills 8,412,749 632,857 - 2,408,295 M. Adam Sarver 6,468,145 2,577,461 - Proposal 2: Non-binding, advisory vote on executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 8,793,771 200,187 51,648 2,408,295 Proposal 3: To ratify the appointment of Elliott Davis, PLLC as the Company ’ s independent registered public accounting firm. Votes For Votes Against Abstentions Broker Non-Votes 9,828,549 1,729,754 114,732 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/859070/000143774923015794/0001437749-23-015794-index.htm
- Shareholder Votes
  FIRST COMMUNITY BANKSHARES INC /VA/ shareholders approved To ratify the appointment of Elliott Davis, PLLC as the Company’s independent registered public accounting firm. at the 2023-05-23 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-23
  source text: Proposal 1: To elect two (2) directors to serve as members of the Board of Directors Class of 2026. Nominee Votes For Votes Withheld Abstentions Broker Non-Votes Gary R. Mills 8,412,749 632,857 - 2,408,295 M. Adam Sarver 6,468,145 2,577,461 - Proposal 2: Non-binding, advisory vote on executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 8,793,771 200,187 51,648 2,408,295 Proposal 3: To ratify the appointment of Elliott Davis, PLLC as the Company ’ s independent registered public accounting firm. Votes For Votes Against Abstentions Broker Non-Votes 9,828,549 1,729,754 114,732 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/859070/000143774923015794/0001437749-23-015794-index.htm
- Shareholder Votes
  FIRST COMMUNITY BANKSHARES INC /VA/ shareholders approved Non-binding, advisory vote on executive compensation. at the 2023-05-23 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-23
  source text: Proposal 1: To elect two (2) directors to serve as members of the Board of Directors Class of 2026. Nominee Votes For Votes Withheld Abstentions Broker Non-Votes Gary R. Mills 8,412,749 632,857 - 2,408,295 M. Adam Sarver 6,468,145 2,577,461 - Proposal 2: Non-binding, advisory vote on executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 8,793,771 200,187 51,648 2,408,295 Proposal 3: To ratify the appointment of Elliott Davis, PLLC as the Company ’ s independent registered public accounting firm. Votes For Votes Against Abstentions Broker Non-Votes 9,828,549 1,729,754 114,732 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/859070/000143774923015794/0001437749-23-015794-index.htm

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