---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-010358"
form_type: "8-K"
ticker: null
cik: "0001290476"
company_name: "Village Bank & Trust Financial Corp."
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:05:10.072167+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# VBFC amends bylaws to set board at 9 directors; annual meeting results show director elections and auditor ratification

## Summary
- Board amended bylaws effective May 23, 2023 to fix number of directors at nine.
- Shareholders elected James E. Hendricks Jr., Mary Margaret Kastelberg, Selena T. Sanderson for 3-year terms and Ronald L. Carey for 2-year term.
- Advisory vote on executive compensation passed with 1,058,882 For, 13,336 Against, 77,658 Abstain.
- Ratification of Yount, Hyde & Barbour, P.C. as independent auditor for 2023 approved (1,394,669 For, 185 Against).
- Management presentation at annual meeting included as Exhibit 99.1; no material new financial data disclosed.

## SEC filing metadata
- accession: 0001558370-23-010358
- form_type: 8-K
- cik: 0001290476
- company_name: Village Bank & Trust Financial Corp.
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1290476/000155837023010358/0001558370-23-010358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1290476/000155837023010358/vbfc-20230523x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-010358
- JSON: https://secwatch.observer/filing/0001558370-23-010358.json
- Plain text: https://secwatch.observer/filing/0001558370-23-010358.txt

## Key facts
- Governance Changes
  Village Bank & Trust Financial Corp.: Amended bylaws to set the number of directors at nine (effective 2023-05-23).
  - Change: bylaw amendment
  - Effective: 2023-05-23
  source text: Effective May 23, 2023, the Board of Directors of Village Bank and Trust Financial Corp. (the “Company”) amended the Company’s Bylaws to set the number of directors at nine (9).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1290476/000155837023010358/0001558370-23-010358-index.htm

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