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Today's Brief

Peoples Financial Corporation

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

Stilwell seeks board seat at Peoples Financial Corp 2026 Annual Meeting

Contested meetinghigh confidence

Contest Strategydissident slate, solicitors, demands
Contested annualVote Apr 22, 2026

What's being contested

Board seats
IssuerPeoples Financial Corporation
Issuer solicitor
Reporting personStilwell Activist Investments, L.P. (fund)
Dissident solicitor
Stake735,478 sh
Dissident counsel
Cost basis
Meeting dateApr 22, 2026
Record date

Dissident slate (1)

  • Stewart F. Peck

Primary demands

  • elect board nominee
  • board representation

Vote Mechanics
86d post-vote
Vote dateApr 22, 2026
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Advisors

No advisor data on record for this deal.


Sources

Stilwell Activist Investments, L.P. and related entities, beneficially owning 735,478 shares, are soliciting proxies to elect Stewart F. Peck to the Board of Directors of Peoples Financial Corporation at the 2026 Annual Meeting scheduled for April 22, 2026. The dissident is opposing the six incumbent director nominees and recommends voting for Peck while voting against the advisory compensation proposal. Stilwell will use a green universal proxy card to allow shareholders to vote for Peck alongside or instead of management's nominees.

Item id: b0b16a8e-ef28-4140-a895-93c8e96fd5a5 · ingested Apr 24, 2026