# EDGAR Filing Document

**Accession Number:** 0000718413
**File Stem:** 0001654954-26-000705
**Filing Date:** 2026-1
**Character Count:** 17770
**Document Hash:** 915e6e62c00e67168eb1cbf5f82fbb53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-26-000705.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0001654954-26-000705

**CONFORMED SUBMISSION TYPE**: 8-A12B

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COMMUNITY BANCORP /VT
- **CENTRAL INDEX KEY:** 0000718413
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 030284070
- **STATE OF INCORPORATION:** VT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-A12B
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-43090
- **FILM NUMBER:** 26577371

**BUSINESS ADDRESS:**
- **STREET 1:** 4811 US ROUTE 5
- **CITY:** DERBY
- **STATE:** VT
- **ZIP:** 05829
- **BUSINESS PHONE:** 802-334-7915

**MAIL ADDRESS:**
- **STREET 1:** 4811 US ROUTE 5
- **CITY:** NEWPORT
- **STATE:** VT
- **ZIP:** 05855

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

**FORM 8-A**

**CURRENT REPORT**

Pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934

January 29, 2026

(Date of Report - Date of earliest event reported on)

![](cmtv_8kimg2.jpg)

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| |
|:---|
| **Community Bancorp.** |
| (Exact name of Registrant as Specified in its Charter) |

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| | | |
|:---|:---|:---|
| **Vermont** | **000-16435** | **03-0284070** |
| (State of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

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| | |
|:---|:---|
| **4811 US Route 5, Derby, Vermont** | **05829** |
| (Address of Principal Executive Offices) | (Zip Code) |

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Registrant's Telephone Number: (802) 334-7915

<u>Not Applicable</u>

(Former name, former address, if changed since last report)

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

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| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, $2.50 par value per share  | CMTV | The Nasdaq Stock Market LLC  |

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If this form relates to the registration of a class of securities pursuant to Section 12(b) of the Exchange Act and is effective pursuant to General Instruction A.(c) or (e), check the following box. ☒

If this form relates to the registration of a class of securities pursuant to Section 12(g) of the Exchange Act and is effective pursuant to General Instruction A.(d) or (e), check the following box. ☐

If this form relates to the registration of a class of securities concurrently with a Regulation A offering, check the following box. ☐

Securities Act registration statement or Regulation A offering statement file number to which this form relates:

  <u>(</u>if applicable)

Securities to be registered pursuant to Section 12(g) of the Act: NONE

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| |
|:---|
| (Title of class) |
| (Title of class) |

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**Item 1. Description of Registrant's Securities to be Registered.**

Community Bancorp. (the "**Company**", "**we**", "**our**", "**us**") is a Vermont corporation and bank holding company registered under the federal Bank Holding Company Act of 1956, as amended. The following briefly summarizes certain provisions of our Amended and Restated Articles of Association ("**Articles**"), our Amended and Restated Bylaws ("**Bylaws**") and the Vermont Business Corporation Act, codified in Title 11A of the Vermont Statutes Annotated (the "**VBCA**") that holders of our common stock may deem important. The description below is qualified in its entirety by reference to the full text of our Articles and Bylaws, which have been filed previously with the Commission and are listed as Exhibits 3(i) and 3(iii), respectively, to our most recent Annual Report on Form 10-K.

**Authorized Common Stock; General Information** 

Under our Articles, we are authorized to issue up to 15,000,000 shares of common stock having a par value of $2.50 per share. The common stock is the only class of the Company's securities that is registered under Section 12 of the Securities Exchange Act of 1934, as amended (the **"Exchange Act**").

Our common stock is non-assessable and holders of the stock do not have any cumulative voting, conversion, redemption, preemptive or special liquidation rights.

**Authorized Preferred Stock; Potential Effect of Preferred Stock on Rights of Common Shareholders**

In addition to our common stock, our Articles also authorize the issuance of up to 1,000,000 shares of preferred stock, without par value. The preferred shares are issuable in one or more series, having such rights and preferences as the Board of Directors may determine prior to issuance. Any such preferred stock issuances would not require the vote or consent of the common shareholders, unless otherwise required under applicable law.

There are currently no shares of preferred stock outstanding. However, the Company's Board of Directors has wide discretion to issue preferred shares and in establishing the rights, powers, privileges and preferences of the preferred shares at the time of issuance that would be senior in priority to the rights of holders of our common stock, including, without limitation, preferential rights as to payment of dividends, voting rights and distributions upon liquidation or dissolution of the Company.

**Dividends**

Holders of our common stock are entitled to participate equally in dividends when and if the Board of Directors declares dividends on shares of common stock out of funds legally available for shareholder distribution, and are entitled to participate equally with other common shareholders in any stock dividends. The availability of funds for the Company to pay dividends depends largely on the availability of funds for our subsidiary Bank to pay dividends to the Company. In some circumstances, applicable banking laws could limit those available funds. In addition, payment of dividends by the Company might require approval of the Federal Reserve in some circumstances, such as if regulatory capital levels are deemed insufficient or if dividends exceed net income for the previous four quarters, net of dividends paid during such quarters.

**Voting Rights**

Holders of our common stock are entitled to one vote for each share held of record on all matters voted on by the common shareholders, including the election of directors. A quorum for the conduct of business is a majority of the shares of common stock entitled to vote on the matter, represented in person or by proxy at the meeting.

Generally, a matter submitted to vote of our common shareholders is approved if more votes are cast in favor of the matter than against it, at a meeting at which a quorum is present. In some cases, such as mergers and certain amendments to the Company's Articles, the VBCA or our Articles or Bylaws may impose a higher vote requirement.

Under the VBCA, election of directors is by a plurality of the votes cast, unless the articles of incorporation provide for a higher vote. Our Articles and Bylaws do so, as they require that director nominees must receive at least a majority of the votes cast at a meeting of shareholders at which a quorum is present.

**Limitation of Director Liability**

As permitted by the VBCA, Article Ten of the Company's Articles provides that a director will not have any personal liability to the Company or its shareholders for money damages for any act or omission based on a failure to discharge his or her statutory duties as a director, except for liability relating to (i) any improper financial gain to which the director was not entitled; (ii) an intentional reckless infliction of harm on the Company or its shareholders; (iii) authorization of unlawful distributions; or (iv) an intentional or reckless criminal act. Any future amendment or repeal of the liability limiting provision would apply prospectively only and not to any act or omission occurring before the effective date of such amendment or repeal.

**Liquidation Rights**

In the event of the Company's liquidation, dissolution or winding-up, holders of our common stock would have the right to a ratable portion of assets remaining after payment of the Company's creditors and satisfaction in full of the prior claims of preferred shareholders (if any).

**Advance Notice By-Law**

Section 2.13 of our Bylaws requires that shareholders provide advance notice to the Company if they intend to submit director nominations or other matters for vote at a meeting of shareholders. Specified information about the nominee or proposal must generally be furnished to the Company no earlier than 180 days nor later than 120 days prior to the date of the annual meeting. Special rules apply for the deadline if the annual meeting is to be held on a date other than the third Tuesday in May, and for special meetings of shareholders. These notice requirements apply whether or not a shareholder seeks to include his or her proposal in the Company's proxy materials for the meeting under applicable rules of the Securities and Exchange Commission.

**Certain Provisions That May Have an Anti-Takeover Effect**

As discussed below, our Articles and Bylaws contain certain provisions that may deter attempts to takeover the Company.

***Board of Directors Classification; High Vote for Removal.*** We have a staggered, or classified, Board of Directors. Our Board of Directors is divided into three classes with the members of each class serving a three-year term. The members of only one class of directors are elected each year by the common shareholders at our annual meeting of shareholders. It would therefore take at least two years to elect (or replace) a majority of our directors. In addition, our Articles and Bylaws provide that directors may be removed from office only for cause and by the affirmative vote of the holders of at least 75% of the outstanding shares of capital stock entitled to vote in an election of directors (that is, the common stock).

 ***High Vote for Certain Amendments to our Articles and Bylaws.*** In order to amend our Articles, Vermont law requires that our Board of Directors adopt a resolution setting forth the amendment, declare the advisability of the amendment and call a shareholders' meeting to adopt the amendment. Generally, under the VBCA, approval of amendments to our Articles requires that the affirmative votes of the common shareholders outnumber the negative votes, or in some cases requires the affirmative vote of a majority of our outstanding common stock. Approval of amendments to our Bylaws may be by vote of the directors or the common shareholders. As described in the next paragraph, however, certain amendments to our Articles and Bylaws may require a supermajority shareholder vote.

The vote of the holders of at least 75% of outstanding shares of our capital stock entitled to vote in an election of directors (that is, the holders of at least 75% of the common stock) is required to adopt any amendment to our Articles and Bylaws that relates to the size and classification of our Board of Directors, the vote required to elect our directors and the term of service and procedure for removal of our directors.

***High Vote for Certain Business Combinations.*** Under our Articles, certain Business Combinations (as defined) involving a Substantial Shareholder (as defined) must be approved by the holders of the Required Percentage (as defined) of the outstanding common shares. However, this special vote requirement will not apply, and the applicable vote requirements otherwise provided under the VCBA will instead apply, to any Business Combination involving a Substantial Shareholder if either (1) the Business Combination is approved by at least two-thirds of the Disinterested Directors (as defined), or (2) the per share consideration to be received by the common shareholders in the Business Combination is at least equal to the highest price paid by the Substantial Shareholder in acquiring any shares of the Company's common stock prior to the Business Combination transaction.

For purposes of this provision,

· "**Business Combination**" includes any merger, plan of share exchange or consolidation between the Company or its subsidiary Bank and any Substantial Shareholder or any entity controlled by or under common control with such shareholder; any sale, lease or other of transfer of assets between the Company or the Bank and any Substantial Shareholder or any entity controlled by or under common control with such shareholder; any reclassification of the Company's securities that would have the effect of increasing the proportionate voting power of a Substantial Shareholder; and any other transaction involving a Substantial Shareholder having the intent or effect to effect a change in control of the Company.

· "**Substantial Shareholder"** means an individual or entity that, together with its affiliates and associates, is the beneficial owner of 5% or more of the Company's outstanding common stock.

· "**Required Percentage**" means at least 53.4% of the outstanding common stock, which is the same percentage as the vote of the common shareholders that approved including the Business Combination provisions in the Articles at the Company's 2010 annual meeting of shareholders.

· "**Disinterested Director**" means (i) a director of the Company who was serving as a director immediately prior to the time the Substantial Shareholder became a Substantial Shareholder, and who is not otherwise affiliated with the Substantial Shareholder, and (2) any successor director who is recommended by at least a majority of the Disinterested Directors.

The foregoing provisions of the Company's Articles governing Business Combinations involving a Substantial Shareholder may only be amended by the affirmative vote of the holders of at least the Required Percentage of the outstanding common shares.

***Consideration of Other Constituencies.*** Under the VBCA, a director must generally discharge his or her duties

· in good faith;

· with the care an ordinarily prudent person in a like position would exercise under similar circumstances; and

· in a manner he or she reasonably believes to be in the corporation's best interests.

In determining what is in a corporation's best interests, the VBCA permits directors of corporations, such as Community Bancorp., that have a class of voting stock registered under the Exchange Act, to consider other interests beyond those of the corporation's shareholders. In particular, directors may consider the interests of the corporation's employees, suppliers, creditors and customers; the economy of the state, region and nation; community and societal considerations, including those of any community in which any offices or facilities of the corporation are located; and any other factors the director in his or her discretion reasonably considers appropriate in determining what he or she reasonably believes to be in the best interests of the corporation and its shareholders, including the possibility that these interests may be best served by the continued independence of the corporation.

***Potential Anti-takeover Effect of These Provisions.*** The provisions described above, as well as the Company's advance notice bylaw and the ability of the Board of Directors to issue preferred shares, may discourage attempts by others to acquire control of the Company without negotiation with our Board of Directors. This enhances our Board's ability to attempt to promote the interests of all of our shareholders. However, to the extent that these provisions make us a less attractive takeover candidate, they may not always be in our best interest or in the best interest of our shareholders and in some circumstances may prevent holders of our common stock from receiving a takeover premium.

None of the antitakeover provisions in the Company's Articles or Bylaws was adopted in response to any specific effort by a third party to accumulate our stock or to obtain control of us by means of merger, tender offer, solicitation in opposition to management or otherwise.

**Repurchase of Shares**

Under the VBCA, we may repurchase shares of our capital stock, except if it would constitute an unlawful distribution to the selling shareholder. In general, distributions are permissible under the VBCA unless, after the distribution, we would be unable to pay our debts as they become due in the usual course of business or our total assets would be less than the sum of our total liabilities plus the amount required to satisfy any preferential rights of preferred shareholders (if any) upon dissolution or liquidation.

Because we are a registered bank holding company, repurchases of our shares in excess of certain volume limitations would be subject to prior approval by the Federal Reserve under the federal Bank Holding Company Act and to certain restrictions and limitations in some circumstances, such as if our regulatory capital levels were deemed insufficient.

**Item 2. Exhibits.**

Pursuant to the Instructions as to Exhibits in Form 8-A, no exhibits are required to be filed because no other securities of the Company are listed for trading on Nasdaq and the securities being registered hereby are not being registered pursuant to Section 12(g) of the Exchange Act.

SIGNATURES

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned hereunto duly authorized.

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| | |
|:---|:---|
|  | COMMUNITY BANCORP. |
| DATED: January 29, 2026 | /s/ Christopher Caldwell |
|  | Christopher Caldwell, President & |
|  | Chief Executive Officer |

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