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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Uwharrie Capital Corp (QX) | USOTC:UWHR | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.04 | -0.54% | 7.37 | 7.35 | 7.50 | 7.37 | 7.37 | 7.37 | 400 | 21:30:00 |
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): January 19, 2017
UWHARRIE CAPITAL CORP
(Exact name of Registrant as Specified in Its Charter)
North Carolina |
000-22062 |
56-1814206 |
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
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132 North First Street Albemarle, North Carolina |
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28001 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s Telephone Number, Including Area Code: 704-983-6181
N/A
(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 (see General Instructions A.2. below):
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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)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
( b) Director Retirement.
On January 19, 2017, Mr. Dusty West notified the Registrant’s Board of Directors (the “Board”) that he will not stand for re-election as a director at the Registrant’s 2017 annual meeting of shareholders. Mr. West confirmed that his decision was not the result of any disagreement or dispute with the Registrant.
( e) Bank Owned Life Insurance Policy.
Effective January 20, 2017, the Registrant elected to add Brendan P. Duffey, who is the Registrant’s Chief Operating Officer, as a participant under the Registrant’s Bank Owned Life Insurance Plan (the “Plan”). Under the Plan, the Registrant is providing $1.0 million of coverage for 2017, 2018, and 2019 and then $50 thousand of coverage thereafter for life per a split dollar benefit agreement.
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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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Company Name |
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Date: March 10, 2017 |
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By: |
/s/ R. David Beaver, III |
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R. David Beaver, III |
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Principal Financial Officer |
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1 Year Uwharrie Capital (QX) Chart |
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