8-K
filed May 26, 2026, 4:06 PM ET
ticker PNBK
CIK 0001098146
other material
confidence high
sentiment neutral
materiality 0.55
Patriot National Bancorp shareholders approve reverse stock split authorization
PATRIOT NATIONAL BANCORP INC
- Approved reverse stock split at ratio of 1-for-10 to 1-for-20, with timing at board's discretion within one year.
- Seven directors elected: Sugarman, Salas, Constantino, Magzanyan, De Tomasi, Roth, Seabold.
- Auditor Baker Tilly US, LLP ratified for FY 2026.
- 76.7% of outstanding shares represented at meeting; 89.5M votes for reverse split, 213K against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PATRIOT NATIONAL BANCORP INC shareholders approved Ratification of the Appointment of Independent Registered Accounting Firm at the 2026-05-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
Proposal 3 – Ratification of the Appointment of Independent Registered Accounting Firm. The appointment of Baker Tilly US, LLP to serve as the independent registered public accounting firm for the Company for the year ending December 31, 2026 was ratified based on the following votes: For Against Abstentions/Withheld Broker Non-Votes 89,746,398 15,549 13,230 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PATRIOT NATIONAL BANCORP INC shareholders approved Authorization of the Board to Amend the Company's Amended and Restated Certificate of Incorporation to Effect a Reverse Stock Split at the 2026-05-20 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
Proposal 2 – Authorization of the Board to Amend the Company ’ s Amended and Restated Certificate of Incorporation to Effect a Reverse Stock Split. ‐‐ The shareholders approved the authorization of the Board to amend the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split of all issued and outstanding shares of the Company’s common stock at a ratio within the range of 1-for-10 to 1-for-20, with the specific ratio and timing to be determined by the Board in its sole discretion within one (1) year of the date of shareholder approval, based on the following votes: For Against Abstentions/Withheld Broker Non-Votes 89,535,129 213,141 26,907 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PATRIOT NATIONAL BANCORP INC shareholders approved Election of Directors at the 2026-05-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
Proposal 1 – Election of Directors. The following seven directors were each elected at the Meeting to serve as a director, until the next Annual Meeting of Shareholders and until his or her successor is duly elected and qualified, based upon the following votes: Nominee For Withheld Broker Non-Votes Steven A. Sugarman 62,999,665 140,897 26,634,615 Carlos P. Salas 54,030,335 9,110,227 26,634,615 Edward N. Constantino 56,470,136 6,670,426 26,634,615 Anahit Magzanyan 62,859,130 281,432 26,634,615 Mario De Tomasi 62,608,534 532,028 26,634,615 Jonathan Roth 62,923,733 216,829 26,634,615 Jeffrey Seabold 54,166,726 8,973,836 26,634,615
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.