8-K
filed May 25, 2023, 7:59 PM ET
ticker BSRR
CIK 0001130144
other
confidence high
sentiment neutral
materiality 0.15
Sierra Bancorp shareholders approve all proposals at 2023 annual meeting
SIERRA BANCORP
- All six Class II director nominees elected with 75.9%-81.7% of votes cast; broker non-votes 2,063,831.
- 2023 equity-based compensation plan approved with 58.08% of votes cast (6,146,292 for).
- Ratification of RSM US LLP as independent auditor for 2023 approved with 91.31% support.
- Advisory vote on executive compensation approved with 74.25% of votes cast.
- Advisory vote on frequency: 86.46% recommended one-year interval for future Say-on-Pay votes.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SIERRA BANCORP shareholders approved Advisory vote on the frequency of holding an advisory vote on executive compensation at the 2023-05-24 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The advisory vote on the frequency of holding an advisory vote on executive compensation was as follows:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SIERRA BANCORP shareholders approved Election of Class II Directors at the 2023-05-24 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The vote on the election of the six nominees to serve as Class II directors for two-year terms was as follows:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SIERRA BANCORP shareholders approved Advisory vote on executive compensation at the 2023-05-24 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The advisory vote on executive compensation was approved, with the number of shares cast as follows:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SIERRA BANCORP shareholders approved Ratification of appointment of independent accountants at the 2023-05-24 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The appointment of RSM US LLP as the Company's independent registered public accounting firm for 2023 was ratified, with the number of shares cast as follows:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SIERRA BANCORP shareholders approved Approve the Company's 2023 equity-based compensation plan at the 2023-05-24 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The approval of the Company's 2023 equity-based compensation plan was approved, with the number of shares cast as follows:
View on SEC.gov
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