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): April 30, 2021
UNITED BANCSHARES, INC.
(Exact name of Registrant as specified in its Charter)
Ohio | 000-29283 | 34-1516518 |
(State or other jurisdiction of incorporation) | (Commission File No.) | (IRS Employer Identification Number) |
105 Progressive Drive, Columbus Grove, Ohio | 45830-1241 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: | (419) 659-2141 |
N/A
(Former name or former address, if changed since last report)
Securities registered or to be registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of Each Exchange |
Common Stock, No Par Value | UBOH | NASDAQ Global Market |
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 Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective April 30, 2021, Stacy A. Cox resigned her positions as EVP and Chief Financial Officer of United Bancshares Inc. (the “Company”) and its wholly-owned subsidiary, The Union Bank Company (the “Bank”).
Brian D. Young, the Company’s current Chief Executive Officer and President, will serve as the Company’s interim Chief Financial Officer. Mr. Young has served as the President and Chief Executive Officer of the Company since 2012. Prior to his current roles, Mr. Young held the position of CFO at the Company from 2001 – 2012.
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 thereunto duly authorized.
United Bancshares, Inc. | |||
Date: April 30, 2021 | By: | /s/ Brian D. Young | |
Brian D. Young | |||
President and Chief Executive Officer | |||