# EDGAR Filing Document

**Accession Number:** 0000770460
**File Stem:** 0001558370-25-011837
**Filing Date:** 2025-9
**Character Count:** 7726
**Document Hash:** 745d60a3d4e7a9cca571596f27a8baf1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001558370-25-011837.hdr.sgml**: 20250902

**ACCESSION NUMBER**: 0001558370-25-011837

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250423

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**FILED AS OF DATE**: 20250902

**DATE AS OF CHANGE**: 20250902

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PEOPLES FINANCIAL CORP /MS/
- **CENTRAL INDEX KEY:** 0000770460
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 640709834
- **STATE OF INCORPORATION:** MS
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-12103
- **FILM NUMBER:** 251283872

**BUSINESS ADDRESS:**
- **STREET 1:** 152 LAMEUSE STREET
- **STREET 2:** P O BOX 529
- **CITY:** BILOXI
- **STATE:** MS
- **ZIP:** 39530
- **BUSINESS PHONE:** 2284355511

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 529
- **CITY:** BILOXI
- **STATE:** MS
- **ZIP:** 39533-0529

?xml version='1.0' encoding='ASCII'? PEOPLES FINANCIAL CORPORATION_April 23, 2025

------

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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) April 23, 2025

PEOPLES FINANCIAL CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Mississippi

(State or Other Jurisdiction of Incorporation)

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| | |
|:---|:---|
| 001-12103 | 64-0709834 |
| (Commission File Number) | (IRS Employer Identification No.) |
| 152 Lameuse Street Biloxi, MS | 39530 |
| (Address of Principal Executive Offices) | (Zip Code) |

---

(228) 435-5511

(Registrant's Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
|  | Trading |  |
| Title of each class | Symbol(s) | Name of each exchange on which registered |
| None | PFBX | None |

---

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):

☐ 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. ☐

Explanatory Note

This Amendment No. 1 amends the Registrant's Current Report on Form 8-K filed on April 29, 2025 (the "Original Form 8-K") solely to announce the approval by the Company's Board of Directors to the holding of future non-binding advisory votes on Named Executive Officer compensation annually. No other changes have been made to the Original Form 8-K.

Item 5.07 Submission of Matters to a Vote of Security Holders

The 2025 Annual Meeting of Shareholders (the "Annual Meeting") of Peoples Financial Corporation (the "Company") was held on April 23, 2025. There were 4,617,466 shares of common stock outstanding and entitled to vote at the Annual Meeting and 4,339,263 shares of common stock were represented in person or by proxy at the Annual Meeting, constituting a quorum. First Coast Results, Inc., the independent inspector of elections for the 2025 Annual Meeting, provided a final voting report on April 28, 2025, certifying the following results:

PROPOSAL 1: ELECTION OF DIRECTORS

According to the tabulation of voting results, the following is a record of votes cast with respect to the election of Ronald G. Barnes, Padrick D. Dennis, Jeffrey H. O'Keefe, Paige Reed Riley, George J. Sliman, III and Chevis C. Swetman, each for a one-year term:

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| | | |
|:---|:---|:---|
|  | **For** | **Withheld** |
| Board of Directors' Nominees: |  |  |
| Ronald G. Barnes | 2854156 | 1480986 |
| Padrick D. Dennis | 2851056 | 1484086 |
| Jeffrey H. O'Keefe | 2853756 | 1481386 |
| Paige Reed Riley | 2854009 | 1481133 |
| George J. Sliman, III | 2854145 | 1480997 |
| Chevis C. Swetman | 2766168 | 1568974 |
| Opposition Nominee: |  |  |
| Stewart F. Peck | 1565142 | 2675589 |

---

PROPOSAL 2: RATIFICATION OF THE APPOINTMENT OF EISNERAMPER LLP

According to the tabulation of voting results, the shareholders ratified the appointment of EisnerAmper LLP as the Company's independent registered public accountants for the year ending December 31, 2025:

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| | | |
|:---|:---|:---|
| For | Against | Abstain |
| 4217612 | 21333 | 100318 |

---

PROPOSAL 3: ADVISORY (NON-BINDING) VOTE ON COMPENSATION OF EXECUTIVE OFFICERS

Advisory (non-binding) proposal to approve compensation of the named executive officers as set forth under the heading "Compensation of Executive Officers and Directors" in Section VII in the 2025 Proxy Statement:

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| | | |
|:---|:---|:---|
| For | Against | Abstain |
| 2739390 | 1554518 | 45355 |

---

PROPOSAL 4: ADVISORY (NON-BINDING) VOTE ON FREQUENCY (EVERY 1, 2, OR 3 YEARS) TO APPROVE THE COMPENSATION OF EXECUTIVE OFFICERS

Advisory (non-binding) vote with regard to the frequency of a non-binding shareholder vote to approve the compensation of the named executive officers of the Company, such non-binding shareholders vote will occur every 1, 2, or 3 years:

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| | | | |
|:---|:---|:---|:---|
| 1 Year | 2 Years | 3 Years | Abstain |
| 1,786,401 | 5,924 | 2,520,347 | 26,591 |

---

On August 27, 2025, the Board of Directors of the Company approved holding future non-binding advisory votes on Named Executive Officer compensation annually, despite the recommendation of the Board of Directors prior to the Annual Meeting and the preference of a majority of the Company's shareholders, as represented by their votes at the Annual Meeting. The Board chose to hold future non-binding advisory votes on Named Executive Officer compensation annually in order to recognize the preference of a number of shareholders.

PROPOSAL 5: ADVISORY (NON-BINDING) VOTE ON SHAREHOLDER RESOLUTION OF PHILIP J. TIMYAN RECOMMENDING THE BOARD OF DIRECTORS TAKE ALL NECESSARY STEPS TO PROMPTLY SELL THE COMPANY

According to the tabulation of voting results, the shareholders voted against the proposal of stockholder Philip J. Timyan recommending the board of directors take all necessary steps to promptly sell the Company:

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| | | |
|:---|:---|:---|
| For | Against | Abstain |
| 1581956 | 2670830 | 86477 |

---

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.

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| | | |
|:---|:---|:---|
| Dated: September 2, 2025 |  |  |
|  | PEOPLES FINANCIAL CORPORATION | PEOPLES FINANCIAL CORPORATION |
|  | By:  | /s/ Chevis C. Swetman |
|  |  | &nbsp;&nbsp;Chevis C. Swetman |
|  |  | &nbsp;&nbsp;Chairman, President and CEO |

---