Amendment: Peoples Bancorp of North Carolina Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 17, 2025

North Carolina

(State or Other Jurisdiction of Incorporation)

(828) 464-5620

(Registrant’s Telephone Number, Including Area Code)

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:

Peoples Bancorp of North Carolina, Inc.

INDEX

Item 5.07.  Submission of Matters to a Vote of Security Holders

(d) On May 2, 2025, Peoples Bancorp of North Carolina, Inc. (the “Company”) filed a current report on Form 8-K reporting the results of its Annual Shareholders Meeting held on May 1, 2025. On June 17, 2025, the Company’s Compensation Committee and Board of Directors approved the shareholders’ recommendation that the frequency in which shareholders approve the compensation of the Company’s named executive officers be every year. This Form 8-K/A is being filed to disclose the Company’s Compensation Committee’s and Board of Directors’ decision in light of a vote on how frequently the Company will include a shareholder vote on the compensation of its named executive officers in its proxy materials until the next required vote on the frequency of shareholder votes on the compensation of the Company’s named executive officers.

Disclosure about forward-looking statements

Statements made in this Form 8-K, other than those concerning historical information, should be considered forward-looking statements pursuant to the safe harbor provisions of the Securities Exchange Act of 1934 and the Private Securities Litigation Act of 1995. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of management and on the information available to management at the time that this report was prepared. These statements can be identified by the use of words like “expect,” “anticipate,” “estimate,” and “believe,” variations of these words and other similar expressions. Readers should not place undue reliance on forward-looking statements as a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Factors that might cause such a difference include, but are not limited to, changes in interest rate environment, management’s business strategy, national, regional, and local market conditions and legislative and regulatory conditions.

The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. Readers should also carefully review the risk factors described in other documents the Company files from time to time with the Securities and Exchange Commission.

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 hereunto duly authorized.