Peoples Financial Corporation

PFBX

Reporting person: Peoples Financial Corporation(group)

Stilwell Group contests Peoples Financial board seat for sixth consecutive year

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 personPeoples Financial Corporation (group)

Dissident solicitor—

Stake—

Dissident counsel—

Cost basis—

Meeting dateApr 22, 2026

Record dateMar 4, 2026

Dissident slate (1)

Stewart F. Peck

Primary demands

board seat for Stewart F. Peck

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 and related entities are nominating Stewart F. Peck for election to the board of Peoples Financial Corporation at its April 22, 2026 annual meeting, marking the sixth consecutive year of a proxy contest. The company's board unanimously opposes the Stilwell nomination and recommends voting for its six director candidates on the white proxy card. This is the third consecutive year that Stewart F. Peck has served as the Stilwell Group's nominee, following five unsuccessful prior attempts to elect a director.

Item id: d18037c3-74b0-4094-b145-db51daa4b9cd · ingested Apr 24, 2026