---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012975"
form_type: "8-K"
ticker: "FMFG"
cik: "0001698022"
company_name: "Farmers & Merchants Bancshares, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:44:55.235466+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Farmers & Merchants Bancshares annual meeting elects directors, say-on-pay approved; future votes every 2 years

## Summary
- Four director nominees elected with 1,473,994 to 1,585,499 votes cast for; broker non-votes of 237,426.
- Non-binding say-on-pay resolution approved with 1,368,787 for, 224,196 against, 84,134 abstain.
- Advisory vote on frequency of say-on-pay favored 2 years (1,116,350 votes) over 1 year (400,231).
- Board decides future say-on-pay votes every 2 years, beginning with 2026 annual meeting.
- Ratification of Yount, Hyde & Barbour as auditor for 2024 passed with 1,865,024 for, 4,372 against.

## SEC filing metadata
- accession: 0001437749-24-012975
- form_type: 8-K
- ticker: FMFG
- cik: 0001698022
- company_name: Farmers & Merchants Bancshares, Inc.
- filed_at: 2024-04-24T23:59:59+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/1698022/000143774924012975/0001437749-24-012975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/fmfg20240424_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012975
- JSON: https://secwatch.observer/filing/0001437749-24-012975.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012975.txt

## Key facts
- Shareholder Votes
  Farmers & Merchants Bancshares, Inc. shareholders approved Adoption of a non-binding advisory resolution approving the compensation paid to the Company’s named executive officers in 2023 at the 2024-04-23 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-04-23
  source text: Proposal 2 – Adoption of a non-binding advisory resolution approving the compensation paid to the Company’s named executive officers in 2023 (the “Say-on-Pay Vote”): For Against Abstain Broker Non-Votes 1,368,787 224,196 84,134 237,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm
- Shareholder Votes
  Farmers & Merchants Bancshares, Inc. shareholders approved Ratification of the Appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for 2024 at the 2024-04-23 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-04-23
  source text: Proposal 4 – Ratification of the Appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for 2024: For Against Abstain Broker Non-Votes 1,865,024 4,372 45,147 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm
- Shareholder Votes
  Farmers & Merchants Bancshares, Inc. shareholders approved Election of four nominees to serve on the Company’s Board of Directors at the 2024-04-23 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-04-23
  source text: James R. Bosley, Jr. 2028 1,585,499 91,618 237,426 Ronald W. Hux 2028 1,583,072 94,045 237,426 Emily B. Miller 2028 1,476,545 200,572 237,426 Robert G. Pollokoff 2026 1,473,994 203,123 237,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm
- Shareholder Votes
  Farmers & Merchants Bancshares, Inc. shareholders voted on Recommendation, by non-binding advisory vote, of the frequency of future Say-on-Pay Votes (every 1 year, every 2 years, or every 3 years) at the 2024-04-23 meeting.
  - Proposal: say on pay frequency
  - Meeting: 2024-04-23
  source text: Proposal 3 – Recommendation, by non-binding advisory vote, of the frequency of future Say-on-Pay Votes (every 1 year, every 2 years, or every 3 years): 1 Year 2 Years 3 Years Abstain Broker Non-Votes 400,231 1,116,350 73,559 86,977 237,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm

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