Peoples Financial Corporation

PFBX

Reporting person: Stilwell Activist Investments, L.P.(fund)

Stilwell seeks to elect Stewart F. Peck to Peoples Financial board

Contested meetinghigh confidence

Contest Strategydissident slate, solicitors, demands

Contested annualVote Apr 22, 2026

What's being contested

Board seats

IssuerPeoples Financial Corporation (PFBX)

Issuer solicitor—

Reporting personStilwell Activist Investments, L.P. (fund)

Dissident solicitor—

Stake738,135 sh—

Dissident counsel—

Cost basis—

Meeting dateApr 22, 2026

Record dateMar 4, 2026

Dissident slate (1)

Stewart F. Peck

Primary demands

elect Stewart F. Peck to Board of Directors
board representation

Vote Mechanics

86d post-vote

Vote dateApr 22, 2026

Record dateMar 4, 2026

Mailing date—

Record → vote49 days

Threshold—

Min approvalparsed—

Shares outstanding—

Insider lock-up—

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Stilwell Activist Investments, L.P. and affiliated entities, beneficially owning 738,135 shares (as of March 6, 2026), are soliciting proxies to elect Stewart F. Peck to the Board of Directors of Peoples Financial Corporation at its 2026 Annual Meeting scheduled for April 22, 2026. The dissident is using a green universal proxy card and recommends voting FOR Peck, FOR ratification of the auditor (EisnerAmper LLP), and AGAINST the say-on-pay proposal. Stilwell opposes all six management-nominated directors and urges stockholders not to return the Corporation's white proxy card.

Item id: 2a5e95d0-6675-4dcd-a4a9-0172261fa8b2 · ingested Apr 24, 2026