secwatch.observer — SEC 8-K summary
======================================

Issuer:     MainStreet Bancshares, Inc. (MNSB)
CIK:        0001693577
Form:       8-K
Filed at:   2025-05-23T23:59:59+00:00
Accession:  0001437749-25-018353
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

MainStreet Bancshares annual meeting: directors elected, sale proposal rejected; declares preferred dividend
--------------------------------------------------------------------------------

- Four directors elected to three-year terms: DeLeon, Echlov, Green, Manouchehri (each received >3.2M votes).
- Yount, Hyde & Barbour ratified as auditor for fiscal 2025; 5.95M for, 55K against.
- Non-binding advisory say-on-pay approved (4.2M for, 871K against); future votes will be held annually.
- Shareholder proposal to recommend sale of the company defeated: 1.95M for, 3.26M against.
- Quarterly cash dividend of ~$0.47 per Depositary Share (Series A Preferred) declared, payable June 30, 2025 to record June 13, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1693577/000143774925018353/0001437749-25-018353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1693577/000143774925018353/main20250508_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-018353

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer