PCB BANCORP FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 30, 2023 Newswires
Share
Share
Post
Email

PCB BANCORP FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

Edgar Glimpses

Item 5.07 Submission of Matters to Vote of Security Holders

The annual meeting of shareholders of PCB Bancorp (the "Company") was held on
May 25, 2023. As of March 31, 2023, the voting record date for the meeting,
there were 14,297,870 shares of the Company's common stock outstanding. At the
meeting, the shareholders voted on the following items:

1.election of directors;

2.approve the 2023 equity based compensation plan; and

3.ratification of the appointment of Crowe LLP as the Company's independent
registered public accounting firm for the fiscal year ending December 31, 2023.

A total of 10,618,259 shares of the Company's common stock were presented and
voted at the meeting, constituting 74.26% of the issued and outstanding shares
of the Company's common stock entitled to vote at the meeting.

The results of the items voted on are as follows:

Proposal No.1 Election of directors of the Company

         Nominee                 Votes For        Votes Withheld       Broker Non-Vote
Kijun Ahn                      7,760,628            871,239            1,986,392
Daniel Cho                     8,533,271             98,596            1,986,392
Haeyoung Cho                   6,096,927          2,534,940            1,986,392
Janice Chung                   8,534,988             96,879            1,986,392
Henry Kim                      8,509,880            121,987            1,986,392
Sang Young Lee                 7,492,276          1,139,591            1,986,392
Hong Kyun "Daniel" Park        8,534,887             96,980            1,986,392
Don Rhee                       7,760,638            871,229            1,986,392

Each of the nominees noted above was elected to serve as members of the board of
directors of the Company until the Company's next annual meeting of shareholders
and until their successors are duly elected and qualified.

Proposal No.2 Approval of the Company's 2023 equity based compensation plan

    Vote Type          Total Shares
Votes For             7,693,531
Votes Against           921,445
Votes Abstain            16,891
Broker Non-Vote       1,986,392

The vote required to approve this proposal was the affirmative vote of a
majority of the votes cast on the proposal. Accordingly, this proposal was
approved.


Proposal No.3 Ratification of the appointment of Crowe LLP as the Company's
independent registered public accounting firm for the fiscal year ending
December 31, 2023:

    Vote Type           Total Shares
Votes For              10,582,258
Votes Against               2,066
Votes Abstain              33,935
Broker Non-Vote                 -

The vote required to approve this proposal was the affirmative vote of a
majority of the votes cast on the proposal. Accordingly, this proposal was
approved.




                                       2

--------------------------------------------------------------------------------

Older

iLawyerUp Addresses Changes and Concerns in Florida's Personal Injury Protection Laws

Newer

GLOBAL NET LEASE, INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Material Modification to Rights of Security Holders, Change in Directors or Principal Officers, Financial Statements and Exhibits

Advisor News

  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
More Advisor News

Annuity News

  • Ty J. Young Wealth Management Acquires Senior Insurance Services, Expanding Its Growing Annuity Firm: Ty J. Young Wealth Management
  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
More Annuity News

Health/Employee Benefits News

  • Research Results from University of Chicago Update Understanding of Prostate Cancer (Rising active surveillance rates/observation and regimen intensification in young men: A retrospective cohort study of national commercial health insurance …): Oncology – Prostate Cancer
  • Findings in Science Reported from Sun Yat-Sen University (Long-term care insurance and unmet needs in China: perspectives of older adults and family members): Science
  • USPS JOB FAIR AT THE AKRON LIBRARY
  • In a reversal, NC Health Plan moves some Atrium hospitals to mid-tier for 2027
  • PHI Air Medical suspends Red Bluff Airport operations
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • State reverses one-third of health insurer decisions
  • AM Best Revises Outlooks to Negative for Kemper Corporation, Its Affiliates and Subsidiaries
  • WARREN PROBES RISE OF PRIVATE INVESTMENT FIRMS IN INSURANCE SECTOR FOLLOWING MARK WALTER SCANDAL
  • AM Best Affirms Credit Ratings of Erie Insurance Group’s Members and Erie Family Life Insurance Company
  • MIB reports double-digit life insurance app activity in record August
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.