secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL CORP /MS/ (PFBX)
CIK:        0000770460
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001437749-24-013697
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial holds contested director election; opposition nominee fails but 33% withhold votes on board slate
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- Board nominees each received ~2.8M votes for, ~1.4M withheld; opposition candidate Stewart Peck got 1.47M for.
- Total shares voted: 4,224,270 out of 4,661,686 outstanding (90.6% turnout).
- EisnerAmper LLP ratified as auditor for FY2024 with 4,211,019 for, 8,578 against, 4,673 abstain.
- Withheld votes represent ~33% of votes cast, indicating notable shareholder dissent against board nominees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/770460/000143774924013697/0001437749-24-013697-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/770460/000143774924013697/pfbx20240429c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013697

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