TrustCo shareholders approve 500,000-share equity plan expansion, elect nine directors

Filed May 20, 2026 · Period ending May 19, 2026 · ~1 min read

Key Changes

• medium

  Shareholders approved expanding the 2019 Equity Incentive Plan by 500,000 shares (from 700,000 to 1,200,000 total) with 90.34% support, increasing capacity for equity-based compensation.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  All nine directors elected with support ranging from 83.69% to 91.58% of votes cast; Frank B. Silverman received lowest support at 83.69% (2,216,155 votes against). Quorum: 15,057,848 shares (86.0% of 17,506,881 outstanding); broker non-votes: 1,434,774.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• low

  Say-on-pay approved with 91.07% support; auditor Crowe LLP ratified with 98.76% support.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →