UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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Appointment of James R. Batten and Amy L. Reasner to the Board of Directors
On August 21, 2024, upon the recommendation of the Nomination and Governance Committee, the board of directors (the “Board”) of QCR Holdings, Inc. (“QCR Holdings”) increased the number of directors constituting the Board from 11 to 13 to include an additional Class I director and an additional Class II director and appointed James R. Batten and Amy L. Reasner to fill the resultant vacancies, with such appointments effective August 21, 2024.
Mr. Batten is appointed as a Class I director of the Company. As with other Class I directors, Mr. Batten’s initial term will expire at the 2027 annual meeting of shareholders. Mr. Batten is appointed to the Audit and Risk Oversight Committees of the Board.
Ms. Reasner is appointed as a Class II director of the Company. As with other Class II directors, Ms. Reasner’s initial term will expire at the 2025 annual meeting of shareholders. Ms. Reasner is appointed to the Compensation and Nomination and Governance Committees of the Board.
Mr. Batten and Ms. Reasner will be entitled to receive compensation consistent with the previously disclosed arrangements for non-employee directors as described in QCR Holdings’ proxy statement for its 2024 annual meeting of stockholders filed on April 8, 2024. Neither Mr. Batten nor Ms. Reasner are parties to any transaction, or series of transactions, with QCR Holdings required to be disclosed pursuant to Item 404(a) of Regulation S-K. There is no arrangement or understanding between Mr. Batten or Ms. Reasner and any other person pursuant to which Mr. Batten or Ms. Resner were selected as directors
On August 21, 2024, the Company declared a cash dividend of $0.06 per share of its common stock. The dividend is payable on October 2, 2024 to stockholders of record on September 13, 2024.
On August 23, 2024, the Company issued a press release announcing the appointments of Mr. Batten and Ms. Reasner and the declaration of the cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
(d) Exhibits
| Exhibit Number | Description | |
| 99.1 | Press Release, dated August 23, 2024 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| QCR Holdings, Inc. | ||
| Date: August 23, 2024 | By: | /s/ Todd A. Gipple |
| Todd A. Gipple | ||
| President and Chief Financial Officer | ||