Current Report Filing (8-k)
August 10 2018 - 2:37PM
Edgar (US Regulatory)
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):
August 9, 2018
GLEN BURNIE BANCORP
(Exact name of registrant as specified
in its charter)
Maryland
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0-24047
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52-1782444
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(State or Other Jurisdiction
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(Commission File Number)
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(IRS Employer
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of Incorporation)
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Identification No.)
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101 Crain Highway, S.E., Glen Burnie,
Maryland 21061
(Address of Principal Executive Offices)
Registrant’s telephone number, including
area code:
(410) 766-3300
Inapplicable
(Former Name or Former Address if Changed
Since Last Report)
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:
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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.
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INFORMATION TO BE INCLUDED IN THE REPORT
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Item 5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
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(d) On
August 9, 2018, the Board of Directors of the Registrant increased the size of the Board from nine directors to eleven directors,
and to fill the vacancies created by such increase elected the following two individuals to the Board effective August 9, 2018:
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Joan M. Rumenap, to fill the vacancy in the class of directors with terms of office expiring at
the 2019 Annual Meeting of Stockholders and until her successor is duly elected and qualifies.
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Stanford D. Hess, to fill the vacancy in the class of directors with terms of office expiring at
the 2021 Annual Meeting of Stockholders and until his successor is duly elected and qualifies.
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There are no arrangements
or understandings between Mr. Hess or Ms. Rumenap and any other person pursuant to which each has been selected as a director.
Mr. Hess is a member
of Neuberger, Quinn, Gielen, Rubin & Gibber, P.A., the Registrant’s outside counsel. During the Registrant’s fiscal
year ended December 31, 2017, the Registrant paid $149,697 to such firm for legal services and expenses.
SIGNATURES
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
thereunto duly authorized.
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GLEN BURNIE BANCORP
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(Registrant)
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Date: August 10, 2018
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By:
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/s/ John D. Long
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John D. Long
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Chief Executive Officer
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Glen Burnie Bancorp (NASDAQ:GLBZ)
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