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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
______________
Date of Report (Date of earliest event reported): May 7, 2024
ACNB Corporation
(Exact name of Registrant as specified in its charter)
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| Pennsylvania | | 1-35015 | | 23-2233457 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
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16 Lincoln Square, Gettysburg, PA | | 17325 |
| (Address of principal executive offices) | | (Zip Code) |
| | | | | | | | |
| 717.334.3161 | |
| (Registrant’s telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
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| Title Of Each Class | Trading Symbol(s) | Name Of Each Exchange On Which Registered |
| Common Stock, $2.50 par value per share | ACNB | The NASDAQ Stock Market, LLC |
CURRENT REPORT ON FORM 8-K
ITEM 5.07 Submission of Matters to a Vote of Security Holders
On May 7, 2024, ACNB Corporation (the “Company”) held its 2024 Annual Meeting of Shareholders (the “Annual Meeting”). A total of 8,505,310 shares of the Company’s common stock were entitled to vote as of March 14, 2024, the record date for the Annual Meeting. There were 6,085,820 shares present in person or by proxy at the Annual Meeting, at which the shareholders were asked to vote on four (4) proposals. Set forth below are the matters acted upon by the shareholders at the Annual Meeting, and the final voting results for each such proposal.
Proposal No. 1 – To Elect Class 2 Directors
The shareholders voted to elect three (3) Class 2 Directors to serve for terms of three (3) years and until their successors are elected and qualified. The results of the vote were as follows:
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| Nominee | For | Against | Abstain | Broker Non-Votes |
| Donna M. Newell | 3,368,246 | 1,240,649 | 37,481 | 1,439,444 |
| D. Arthur Seibel Jr. | 3,942,290 | 667,737 | 36,349 | 1,439,444 |
| Alan J. Stock | 3,786,013 | 819,387 | 40,976 | 1,439,444 |
Proposal No. 2 – To Elect Class 1 Director
The shareholders voted to elect one (1) Class 1 Director to serve for term of one (1) year and until her successor is elected and qualified. The results of the vote were as follows:
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| Nominee | For | Against | Abstain | Broker Non-Votes |
| Alexandra Chiaruttini | 4,535,470 | 66,852 | 44,054 | 1,439,444 |
Proposal No. 3 – To Conduct a Non-Binding Vote on Executive Compensation
The shareholders voted to approve, on a non-binding basis, the compensation paid to the Company’s Named Executive Officers. The results of the vote were as follows:
| | | | | | | | | | | |
| For | Against | Abstain | Broker Non-Votes |
| 4,061,573 | 494,309 | 90,494 | 1,439,444 |
Proposal No. 4 – To Ratify the Selection of Crowe LLP as ACNB Corporation’s Independent Registered Public Accounting Firm
The shareholders voted to ratify the selection of Crowe LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. The results of the vote were as follows:
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| For | Against | Abstain |
| 5,979,134 | 66,822 | 39,685 |
ITEM 7.01 Regulation FD Disclosure
On May 7, 2024, James P. Helt, President & Chief Executive Officer of the Registrant, and Jason H. Weber, Executive Vice President/Treasurer & Chief Financial Officer of the Registrant, made presentations at the 2024 Annual Meeting of Shareholders. A copy of the presentation slides is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Number Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized.
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| | | ACNB CORPORATION (Registrant) |
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| Dated: | May 9, 2024 | | /s/ Kevin J. Hayes |
| | | Kevin J. Hayes |
| | | Senior Vice President/ |
| | | General Counsel, Secretary & Chief Governance Officer |