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

Issuer:     Village Bank & Trust Financial Corp. (—)
CIK:        0001290476
Form:       8-K
Filed at:   2023-05-23T23:59:59+00:00
Accession:  0001558370-23-010358
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290476/000155837023010358/0001558370-23-010358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290476/000155837023010358/vbfc-20230523x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-010358

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