Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-23

BayCom Corp (BCML)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,803,041
George Guarini total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
91.16%
Say-on-pay support, latest vote
Companies that benchmark against BCML
5 companies name BCML as a compensation peer

Each company listed discloses BCML in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BCML in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
George Guarini$745,856$0$186,464$0$520,363$0$350,358$1,803,041
Former President and Chief Executive Officer
Keary Colwell430,3010107,5750257,3630111,171906,410
Former Senior Executive Vice President, Chief Financial Officer and Corporate Secretary
Janet King430,3010107,5750257,3630110,971906,210
Former Senior Executive Vice President and Chief Operating Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
George Guarini$1,803,041
Keary Colwell906,410
Janet King906,210

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
William J. Black, JrDirector2026-05-05A26,549$30$802,311CommonForm 4 ↗
William J. Black, JrDirector2026-05-05A6,53330195,925CommonForm 4 ↗
Michael J. PerdueDirector2026-05-22A3,0003192,820CommonForm 4 ↗
Michael J. PerdueDirector2026-05-22A2,0003161,880CommonForm 4 ↗
Lloyd W. Kendall, JrDirector2026-07-01A1,18200CommonForm 4 ↗
Syvia L. MagidDirector2026-07-01A1,18200CommonForm 4 ↗
Christopher F. BaronDirector2026-07-01A99700CommonForm 4 ↗
Kevin L. ThompsonEVP, Chief Financial Officer2026-07-01A53200CommonForm 4 ↗
Bhupen B. AminDirector2026-07-01A1,18200CommonForm 4 ↗
Michael J. PerdueDirector2026-07-01A1,18200CommonForm 4 ↗
William J. Black, JrDirector2026-07-01A99700CommonForm 4 ↗
Dennis H. Guida, JrDirector2026-07-01A1,18200CommonForm 4 ↗
Robert G. Laverne, MDDirector2026-07-01A1,18200CommonForm 4 ↗
Harpreet S. ChaudharyDirector2026-07-01A1,18200CommonForm 4 ↗
Mary Therese CurleyEVP and Labor Services Div.2026-07-21A15,00000Derivative, Class A CommonForm 4 ↗
William J. Black, JrDirector2026-07-21A75,00000Derivative, Class A CommonForm 4 ↗
Kevin L. ThompsonEVP, Chief Financial Officer2026-07-21A25,00000Derivative, Class A CommonForm 4 ↗
Christopher F. BaronDirector2026-07-21A52,50000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
George GuariniOTHER$186,464
Janet KingOTHER107,575
Keary ColwellOTHER107,575
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Keary ColwellRSU1,954$57,448
Keary ColwellRSU89626,342
Keary ColwellRSU79723,432
George GuariniRSU24,332715,361
Janet KingRSU2,77781,644
George GuariniRSU3,21694,550
Keary ColwellRSU1,85654,566
George GuariniRSU5,477161,024
Keary ColwellRSU13,131386,051
George GuariniRSU5,169151,967
George GuariniRSU3,38899,607
Janet KingRSU2,46072,324
George GuariniRSU1,55445,688
Keary ColwellRSU2,46072,324
Janet KingRSU89626,342
Janet KingRSU13,131386,051
Keary ColwellRSU2,77781,644
Janet KingRSU1,95457,448
Janet KingRSU1,85654,566
Janet KingRSU79723,432
George GuariniRSU1,38240,631
05

Incentive-plan design — the Compensation Discussion & Analysis

The purpose of BayCom's compensation programs is to attract and retain experienced, highly qualified executives critical to the Company's long-term success and enhancement of shareholder value, with compensation tied to the achievement of annual performance goals established under the Company's business and profit plan.

CEO STI target (% of salary)70%
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-166,102,257591,81460,16491.16%Passed
20252025-06-176,268,041233,60669,80796.41%Passed
20242024-06-186,983,763328,49011,49495.51%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1691.16%a
20252025-06-1796.41%b
20242024-06-1895.51%c

a. Approved under the standard stated in the filing — “Broker non-votes and abstentions will not be considered votes cast and therefore will have no effect on determining whether the votes cast constitute a majority of the shares present or represented by proxy and voting at the Annual Meeting.”.

b. Approved under the standard stated in the filing — “Broker non-votes and abstentions will have no effect on determining whether the affirmative vote constitutes a majority of the shares present or represented by proxy and voting at the Annual Meeting.”.

c. Approved under the standard stated in the filing — “Broker non-votes and abstentions will have no effect on determining whether the affirmative vote constitutes a majority of the shares present or represented by proxy and voting at the Annual Meeting (or in the case of the Say-on-Pay Frequency Vote, votes for "One Year," "Two Years," and "Three Years").”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Lloyd W. Kendall, JrIndependent · Board Chair · Audit · Compensation · Corporate Governance and Nominating (Chair)$70,600$40,002$0$0$0$110,602
Harpreet S. ChaudharyIndependent · Audit (Chair) · Compensation50,80040,00200090,802
Bhupen B. AminIndependent45,00040,00200085,002
Dennis H. Guida, JrIndependent · Audit · Compensation · Corporate Governance and Nominating40,60040,00200080,602
Robert G. Laverne, MDIndependent · Audit · Compensation (Chair) · Corporate Governance and Nominating33,00040,00200073,002
Syvia L. MagidIndependent · Audit · Compensation31,00040,00200071,002
Michael J. PerdueIndependent · Audit · Compensation · Partial-year service · Newly elected000000
Christopher F. BaronEmployee director · Partial-year service · Newly elected00000
William J. Black, JrEmployee director · Newly elected00000
George J. GuariniEmployee director · Departed during FY00000
Janet L. KingEmployee director · Departed during FY00000
Keary L. ColwellEmployee director · Departed during FY00000
09

Board fee structure and ownership guideline

Annual cash retainer$27,000
Annual equity retainer$27,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)10,200 / 2,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$271,000
Equity awards (grant-date value)$240,012
All other compensation$0
Total cost of the board$511,012

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1BayCom Corp2025George Guarini$745,856$186,464$0$520,363$1,803,041

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

FAQ

Frequently asked questions

Who was the highest-paid executive at BayCom Corp in fiscal 2025?
The highest-paid executive at BayCom Corp in fiscal 2025 was George Guarini, who served as Former President and Chief Executive Officer with total compensation of $1,803,041.
How does BayCom Corp's chief executive pay compare to its disclosed peer group?
The CEO pay percentile of disclosed peers is not disclosed in this extract.
What is BayCom Corp's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio is not disclosed in this extract.
How did shareholders vote on BayCom Corp's executive compensation?
Shareholders voted 91.16% in support of the executive compensation plan.
How much does BayCom Corp spend in total on board compensation for fiscal 2025?
BayCom Corp spent $511,012 in total on board compensation for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, George GuariniDEF 14A2026-04-290001730984-26-000039Section “Summary Compensation Table”. As printed: 1,803,041. Filing ↗machine: t107 · r4 · c20 · span 362435–362444
2Section 01, Keary ColwellDEF 14A2026-04-290001730984-26-000039Section “Summary Compensation Table”. As printed: 906,410. Filing ↗machine: t107 · r13 · c20 · span 407502–407509
3Section 01, Janet KingDEF 14A2026-04-290001730984-26-000039Section “Summary Compensation Table”. As printed: 906,210. Filing ↗machine: t107 · r8 · c20 · span 382516–382523
4Section 03, George Guarini OTHERDEF 14A2026-04-290001730984-26-000039Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t107 · r4 · c11 · span 360374–360381
5Section 03, Janet King OTHERDEF 14A2026-04-290001730984-26-000039Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t107 · r8 · c11 · span 380455–380462
6Section 03, Keary Colwell OTHERDEF 14A2026-04-290001730984-26-000039Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t107 · r13 · c11 · span 405441–405448
7Section 07, pay ratioDEF 14A2026-04-290001730984-26-000039Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Lloyd W. Kendall, JrDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 110,602. Filing ↗machine: t128 · r4 · c9 · span 715817–715824
9Section 08, Harpreet S. ChaudharyDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 90,802. Filing ↗machine: t128 · r6 · c9 · span 720677–720683
10Section 08, Bhupen B. AminDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 85,002. Filing ↗machine: t128 · r5 · c9 · span 718149–718155
11Section 08, Dennis H. Guida, JrDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 80,602. Filing ↗machine: t128 · r7 · c9 · span 722913–722919
12Section 08, Robert G. Laverne, MDDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 73,002. Filing ↗machine: t128 · r8 · c9 · span 725441–725447
13Section 08, Syvia L. MagidDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 71,002. Filing ↗machine: t128 · r9 · c9 · span 727773–727779
14Section 08, Michael J. PerdueDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Christopher F. BaronDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 0. Filing ↗
16Section 08, William J. Black, JrDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 0. Filing ↗
17Section 08, George J. GuariniDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 0. Filing ↗
18Section 08, Janet L. KingDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 0. Filing ↗
19Section 08, Keary L. ColwellDEF 14A2026-04-290001730984-26-000039Section “Director Compensation”. As printed: 0. Filing ↗
20Section 02, William J. Black, Jr 2026-05-05Form 42026-05-070001437749-26-015575Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, William J. Black, Jr 2026-05-05Form 42026-05-070001437749-26-015575Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Michael J. Perdue 2026-05-22Form 42026-05-260001437749-26-018390Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Michael J. Perdue 2026-05-22Form 42026-05-260001437749-26-018390Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Lloyd W. Kendall, Jr 2026-07-01Form 42026-07-010001437749-26-022388Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Syvia L. Magid 2026-07-01Form 42026-07-010001437749-26-022382Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Christopher F. Baron 2026-07-01Form 42026-07-010001437749-26-022329Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Kevin L. Thompson 2026-07-01Form 42026-07-010001437749-26-022326Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Bhupen B. Amin 2026-07-01Form 42026-07-010001437749-26-022339Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Michael J. Perdue 2026-07-01Form 42026-07-010001437749-26-022337Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, William J. Black, Jr 2026-07-01Form 42026-07-010001437749-26-022333Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Dennis H. Guida, Jr 2026-07-01Form 42026-07-010001437749-26-022386Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Robert G. Laverne, MD 2026-07-01Form 42026-07-010001437749-26-022384Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Harpreet S. Chaudhary 2026-07-01Form 42026-07-010001437749-26-022341Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Mary Therese Curley 2026-07-21Form 42026-07-230001437749-26-024307Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, William J. Black, Jr 2026-07-21Form 42026-07-230001437749-26-024309Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Kevin L. Thompson 2026-07-21Form 42026-07-230001437749-26-024315Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Christopher F. Baron 2026-07-21Form 42026-07-230001437749-26-024312Insider equity transaction reported since the proxy statement. Filing ↗
38Section 06, 2026 voteForm 8-K2026-06-170001730984-26-000059Item 5.07 · say-on-pay result. As reported: 91.16% (votes for as printed: 6,102,257). Filing ↗
39Section 06, 2025 voteForm 8-K2025-06-200001730984-25-000049Item 5.07 · say-on-pay result. As reported: 96.41% (votes for as printed: 6,268,041). Filing ↗
40Section 06, 2024 voteForm 8-K2024-06-210001730984-24-000051Item 5.07 · say-on-pay result. As reported: 95.51% (votes for as printed: 6,983,763). Filing ↗
41Section 09b board cost (computed)ComputedcomputedCash 271,000 + equity 240,012 + all other 0 = 511,012, summed across the director compensation table rows.machine: formula: Σ = 511,012
42BayCom Corp (subject), Section 10b CEO totalDEF 14A2026-04-290001730984-26-000039CEO total compensation as printed in BayCom Corp's own proxy. As printed: 1,803,041. Filing ↗machine: t107 · r4 · c20 · span 362435–362444