Filing Analysis
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release.
📋 Key Facts
- The company declared its quarterly dividend on August 11, 2026.
- The announcement was made through a press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. filed an 8-K to announce its financial results for the quarter and six months ended June 30, 2026. The filing serves as a formal announcement of earnings via a press release.
📋 Key Facts
- Reporting period: Quarter and six months ended June 30, 2026.
- Filing date: July 28, 2026.
- The report includes Exhibit 99.1 containing the official press release of financial results.
Auburn National Bancorporation announced the grant of 4,475 Restricted Stock Units (RSUs) to its three named executive officers on June 5, 2026. The awards vest over a three-year period subject to continued employment and include dividend equivalents.
📋 Key Facts
- Total RSUs granted: 4,475
- Recipients: David A. Hedges (2,078), W. James Walker, IV (1,207), and Robert L. Smith (1,190)
- Vesting Schedule: 33% on June 5, 2027; 33% on June 5, 2028; 34% on June 5, 2029
- Includes 'Dividend Equivalents' which issue additional RSUs based on cash dividends paid per share
- Restrictive covenants include a 2-year confidentiality period and 1-year non-solicitation of employees and customers
Auburn National Bancorporation, Inc. reported the results of its Annual Meeting of Shareholders held on May 12, 2026. Shareholders elected 12 directors, approved executive compensation on an advisory basis, and ratified the appointment of Elliott Davis LLC as the independent auditor for the 2026 fiscal year.
📋 Key Facts
- The Annual Meeting was held on May 12, 2026.
- 12 directors were elected to one-year terms, including CEO David A. Hedges and Chairman Robert W. Dumas.
- The advisory vote on executive compensation passed with 1,340,846 votes 'For' and 52,537 'Against'.
- Elliott Davis LLC was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 2,604,281 votes 'For'.
Auburn National Bancorporation, Inc. announced the declaration of its quarterly dividend on May 12, 2026. The announcement was made via a press release and filed under Item 8.01.
📋 Key Facts
- Declaration of quarterly dividend announced on May 12, 2026
- Filing includes Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits)
- The press release is incorporated by reference as Exhibit 99.1
- The report was signed by David A. Hedges, President and CEO
Auburn National Bancorporation, Inc. reported its financial results for the first quarter ended March 31, 2026. The filing serves as a standard disclosure of quarterly performance via a furnished press release.
📋 Key Facts
- The company reported financial results for the quarter ended March 31, 2026, on April 28, 2026.
- The report was filed under Item 2.02 (Results of Operations and Financial Condition).
- The financial information in Exhibit 99.1 is 'furnished' and not 'filed' for Section 18 purposes.
- David A. Hedges, President and CEO, signed the report.
Auburn National Bancorporation expanded its Board of Directors from 11 to 12 members and appointed Jeffrey J. Evans as a director for both the Company and AuburnBank. Mr. Evans, a commercial real estate veteran, is not considered independent under Nasdaq rules but will stand for reelection at the May 2026 Annual Meeting.
🚩 Red Flags
- The newly appointed director is not considered 'independent' under Nasdaq corporate governance rules.
📋 Key Facts
- Board of Directors expanded from 11 to 12 members on March 26, 2026.
- Jeffrey J. Evans elected to fill the newly created vacancy.
- Mr. Evans has 30 years of experience in commercial real estate, construction, and property management.
- Mr. Evans is not currently considered 'independent' under Nasdaq corporate governance rules.
- The Company maintains a majority of independent directors despite this appointment.
- Mr. Evans is nominated for reelection at the Annual Meeting of Shareholders on May 12, 2026.
Auburn National Bancorporation, Inc. announced that its Board of Directors has approved a new stock repurchase program for up to $5 million of its common stock. The program is set to expire on March 15, 2027, or when the $5 million limit is reached.
📋 Key Facts
- Board of Directors approved a new $5 million stock repurchase program on March 17, 2026.
- The previous stock repurchase program expired on April 15, 2024.
- The new program is authorized through the earliest of $5 million in repurchases, termination by the board, or March 15, 2027.
- Repurchases may be conducted through open-market or private purchases, negotiated transactions, or block purchases.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release issued on February 10, 2026.
📋 Key Facts
- The company declared a quarterly dividend as reported in a press release dated February 10, 2026.
- The filing was signed by David A. Hedges, President and CEO.
- The event is reported under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. has filed an 8-K to furnish its financial results for the quarter and fiscal year ended December 31, 2025.
📋 Key Facts
- Reporting period: Quarter and Year ended December 31, 2025.
- Filing date: January 27, 2026.
- The filing includes a press release (Exhibit 99.1) containing the financial results.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release.
📋 Key Facts
- The company declared a quarterly dividend on November 12, 2025.
- The announcement was made through a press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. filed an 8-K to announce its financial results for the quarter and nine months ended September 30, 2025.
📋 Key Facts
- Reporting period: Quarter and nine months ended September 30, 2025.
- Filing date: October 23, 2025.
- The filing includes a press release (Exhibit 99.1) detailing financial results.
Auburn National Bancorporation, Inc. announced the election of Walton T. Conn, Jr. to its Board of Directors on October 6, 2025. Mr. Conn will serve as an independent director for both the Company and AuburnBank.
📋 Key Facts
- Walton T. Conn, Jr. was elected to the Board of Directors on October 6, 2025.
- His term is set to end at the 2026 Annual Meeting of Shareholders scheduled for May 12, 2026.
- The Board has designated Mr. Conn as an independent director per Nasdaq corporate governance rules.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release.
📋 Key Facts
- The company declared its quarterly dividend on August 12, 2025.
- The announcement was made through a press release (Exhibit 99.1).
- The filing was signed by David A. Hedges, President and CEO.
Auburn National Bancorporation announced the adoption of a new Restricted Stock Unit (RSU) Award Agreement and the subsequent grant of 1,402 RSUs to its three named executive officers. The awards are set to vest in full on March 10, 2026.
📋 Key Facts
- The Compensation Committee approved a new form for Notice of Discretionary Equity Award Agreement and related Terms and Conditions effective July 24, 2025.
- A total of 1,402 RSUs were awarded to three named executive officers: David A. Hedges (550), W. James Walker, IV (431), and Robert L. Smith (421).
- All granted RSUs vest on March 10, 2026, subject to continued employment.
- The agreement includes 'Dividend Equivalents' that mimic the value of dividends paid on common stock.
- Restrictive covenants include non-solicitation of employees and customers for one year post-employment.
Auburn National Bancorporation, Inc. filed an 8-K to announce its financial results for the quarter and six months ended June 30, 2025. The filing serves as a formal announcement of quarterly earnings via a press release.
📋 Key Facts
- Reporting period: Quarter and six months ended June 30, 2025.
- Filing date: July 22, 2025.
- The filing includes Exhibit 99.1, which is the official press release containing financial results.
This is an amendatory 8-K filing (8-K/A) correcting a previous filing regarding an unsuccessful attempt to amend the company's Certificate of Incorporation. The amendment failed to receive the required majority of outstanding shares under Delaware law, and the company has filed a Certificate of Correction to nullify the ineffective amendment.
🚩 Red Flags
- Governance/Procedural error: The company initially reported an amendment as passed when it actually failed to meet statutory voting requirements under Delaware law.
📋 Key Facts
- The filing is an amendment (8-K/A) to a previously filed 8-K from July 2, 2025.
- Shareholders approved the proposed Amendment with 96.65% of votes cast in person or by proxy.
- Despite high approval among voters, the vote failed to meet the threshold of a majority of all outstanding shares required by Delaware General Corporation Law Section 242.
- A Certificate of Correction was filed with the Delaware Secretary of State on July 7, 2025, declaring the amendment ineffective and withdrawing it.
- Section 7.04 of the Certificate of Incorporation remains unmodified.
Auburn National Bancorporation announced the approval of an amendment to its Certificate of Incorporation regarding officer liability. The amendment was approved by shareholders during the 2025 Annual Meeting and became effective on July 1, 2025.
🚩 Red Flags
- None identified; this is a standard corporate governance update.
📋 Key Facts
- Shareholders approved an amendment to the Certificate of Incorporation at the May 13, 2025, Annual Meeting.
- The amendment limits the liability of officers as permitted by Delaware General Corporation Law.
- The amendment specifically amends and restates Section 7.04 of the Certificate of Incorporation.
- Effective date of the amendment: July 1, 2025.
Auburn National Bancorporation announced the resignation of Ms. Laura Cooper from her position as a director for both the Company and its subsidiary, AuburnBank.
🚩 Red Flags
- None identified; the filing contains standard language stating no disagreement exists.
📋 Key Facts
- Ms. Laura Cooper resigned effective June 11, 2025.
- Resignation applies to the Board of Directors of Auburn National Bancorporation, Inc. and AuburnBank.
- Ms. Cooper has served as a director since 2020.
- The company explicitly stated the resignation is not due to any disagreement with the Company or the Bank.
Auburn National Bancorporation held its Annual Meeting of Shareholders on May 13, 2025. The meeting resulted in the election of 11 directors and the ratification of Elliott Davis LLC as the independent auditor for the upcoming fiscal year.
📋 Key Facts
- Annual Meeting of Shareholders held on May 13, 2025.
- All 11 director nominees were elected to one-year terms expiring in 2026.
- Shareholders approved 'Say-on-Pay' advisory votes regarding executive compensation.
- Shareholders approved an amendment to the Certificate of Incorporation to limit officer liability under Delaware law.
- Elliott Davis LLC was ratified as the independent registered public accounting firm for fiscal year ending Dec 31, 2025.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release issued on May 13, 2025.
📋 Key Facts
- The company declared its quarterly dividend on May 13, 2025.
- The announcement was made through a press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. has filed an 8-K to furnish its quarterly financial results for the period ending March 31, 2025. The filing serves as a formal announcement of the company's recent operational and financial performance.
📋 Key Facts
- Reporting period: Quarter ended March 31, 2025
- Filing date: April 22, 2025
- The filing includes a press release (Exhibit 99.1) detailing financial results.
- Information is 'furnished' rather than 'filed', meaning it is not subject to the liabilities of Section 18 of the Exchange Act.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release issued on February 11, 2025.
📋 Key Facts
- The company declared its quarterly dividend on February 11, 2025.
- The announcement was made through a press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. filed an 8-K to announce its financial results for the quarter and fiscal year ended December 31, 2024.
📋 Key Facts
- Reporting of financial results for the quarter and year ended December 31, 2024.
- Filing date: January 28, 2025.
- The report includes a press release (Exhibit 99.1) detailing the company's financial performance.
Auburn National Bancorporation filed an 8-K to announce the adoption of its 2024 Equity and Incentive Compensation Plan. This is a routine administrative filing related to corporate governance and compensation structure.
📋 Key Facts
- The company adopted the '2024 Equity and Incentive Compensation Plan' as detailed in Exhibit 10.1.
- Filing date: December 10, 2024.
- Signed by David A. Hedges, President and CEO.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release issued on November 12, 2024.
📋 Key Facts
- The company declared its quarterly dividend on November 12, 2024.
- The announcement was made through an official press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. filed an 8-K to announce its financial results for the quarter and nine months ended September 30, 2024.
📋 Key Facts
- Reporting period: Quarter and nine months ended September 30, 2024.
- Filing date: October 22, 2024.
- The filing includes a press release (Exhibit 99.1) detailing financial performance.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release issued on August 13, 2024.
📋 Key Facts
- The company declared its quarterly dividend on August 13, 2024.
- The announcement was made through a press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. filed an 8-K to announce its financial results for the quarter and six months ended June 30, 2024.
📋 Key Facts
- Reported financial results for the quarter and six months ended June 30, 2024.
- Filing date: July 23, 2024.
- The report includes a press release as Exhibit 99.1.
Auburn National Bancorporation held its Annual Meeting of Shareholders on May 14, 2024. The meeting resulted in the election of 11 directors and the ratification of several shareholder proposals.
📋 Key Facts
- Annual Meeting held on May 14, 2024.
- 11 directors were elected to one-year terms: C. Wayne Alderman, Terry W. Andrus, J. Tutt Barrett, Laura J. Cooper, Robert W. Dumas, William F. Ham, Jr., David A. Hedges, David E. Housel, Michael A. Lawler, Anne M. May, and Sandra J. Spencer.
- Shareholders approved the non-binding advisory vote on executive compensation (Say-on-Pay) with 1,408,997 votes 'For'.
- The 2024 Equity and Incentive Compensation Plan was approved by shareholders.
- Elliott Davis LLC was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release issued on May 14, 2024.
📋 Key Facts
- The company declared its quarterly dividend on May 14, 2024.
- The announcement was made through a press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. filed an 8-K to announce its quarterly financial results for the period ending March 31, 2024.
📋 Key Facts
- Report date: April 24, 2024
- Reporting period: Quarter ended March 31, 2024
- The filing includes a press release (Exhibit 99.1) detailing financial results.
- Information is furnished under Item 2.02 regarding Results of Operations and Financial Condition.
Auburn National Bancorporation, Inc. announced the election of two new independent directors, Sandra J. Spencer and Michael A. Lawler, effective March 29, 2024.
📋 Key Facts
- Sandra J. Spencer elected to the Board of Directors for Company and Bank effective March 29, 2024.
- Michael A. Lawler elected to the Board of Directors for Company and Bank effective March 29, 2024.
- The new directors' terms end at the 2024 Annual Meeting of Shareholders on May 14, 2024.
- Both individuals have been designated as independent directors by the Board.
Auburn National Bancorporation, Inc. filed an 8-K to announce the declaration of its quarterly dividend via a press release.
📋 Key Facts
- The company declared its quarterly dividend on February 13, 2024.
- The announcement was made through a press release (Exhibit 99.1).
- The filing is categorized under Item 8.01 (Other Events).
Auburn National Bancorporation, Inc. filed an 8-K to announce its financial results for the quarter and fiscal year ended December 31, 2023.
📋 Key Facts
- Filing date: January 29, 2024
- Reporting period: Quarter and Year ended December 31, 2023
- The filing includes a press release (Exhibit 99.1) containing the financial results.
- Information is furnished under Item 2.02 regarding Results of Operations and Financial Condition.