Farmers & Merchants Bancorp held its 2026 Annual Meeting on May 11, with a quorum of 57.40% of shares present; all seven director nominees were elected and executive compensation received 91.04% approval.
Key takeaways
Quorum achieved with 397,812 shares or 57.40% of outstanding shares present at the Annual Meeting.
All seven director nominees elected with overwhelming majorities, ranging from 98.5% to 99.1% votes for.
Executive compensation approved on non-binding advisory vote with 91.04% for, 3.05% against, and 5.91% abstain.
No uncast votes reported for director elections.
Strong shareholder support indicates alignment on board composition and pay practices.