Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-10

ECB Bancorp (ECBK)

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.

$855,646
Richard O'Neil total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ECBK
1 company names ECBK as a compensation peer

Each company listed discloses ECBK 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 ECBK 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
Richard O'Neil$520,234$0$0$0$272,000$0$63,412$855,646
President and Chief Executive Officer
John Migliozzi318,318000191,647092,040602,005
Executive Vice President and Chief Lending Officer
John Citrano307,294000153,180088,605549,079
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
Richard O'Neil$855,646$793,651+61,995
John Migliozzi602,005522,621+79,384
John Citrano549,079508,839+40,240

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

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Richard O'NeilRSU40,439$703,234
John CitranoRSU22,466390,684
John MigliozziRSU22,466390,684
Richard O'NeilOption101,09810.12
John CitranoOption56,16610.12
John MigliozziOption56,16610.12
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy is designed to align the interests of the Company’s stockholders and the recipients of awards by increasing the economic interest of the recipients in the Company’s growth and success, while attracting and retaining employees and encouraging participants to act in the long-term best interests of the Company and its stockholders.

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

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
2026100,000

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
2026a

a. Voting standard not stated in the filing.

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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Dennis J. LeonardIndependent · Board Chair · Audit Committee · Compensation Committee · Nominating and Corporate Governance Committee$90,000$0$90,000
Joseph SachettaIndependent · Audit Committee (Chair) · Compensation Committee · Nominating and Corporate Governance Committee72,000072,000
Susan SgroiIndependent · Compensation Committee (Chair) · Nominating and Corporate Governance Committee72,000072,000
Elizabeth P. JonesIndependent · Audit Committee · Nominating and Corporate Governance Committee (Chair)63,000063,000
Paul A. DeloryNot independent60,000060,000
Maura E. Sullivan, M.DIndependent35,000035,000
Marjorie A. WhiteIndependent · Not standing for re-election · Departed during FY25,000025,000
Richard J. O'Neil JrEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer
Per board meeting fee$0
Committee chair fees (audit / comp / nom-gov)12,000 / 12,000 / 3,000
Stock ownership guideline$100,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$417,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$417,000

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
1ECB Bancorp2025Richard O'Neil$520,234$0$0$272,000$855,646

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.

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, Richard O'NeilDEF 14A2026-04-100001437749-26-011948Section “Executive Compensation”. As printed: 855,646. Filing ↗machine: span 152722–152729
2Section 01, John MigliozziDEF 14A2026-04-100001437749-26-011948Section “Executive Compensation”. As printed: 602,005. Filing ↗machine: span 168218–168225
3Section 01, John CitranoDEF 14A2026-04-100001437749-26-011948Section “Executive Compensation”. As printed: 549,079. Filing ↗machine: span 160463–160470
4Section 08, Dennis J. LeonardDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 90,000. Filing ↗machine: span 285583–285589
5Section 08, Joseph SachettaDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 72,000. Filing ↗machine: span 287476–287482
6Section 08, Susan SgroiDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 72,000. Filing ↗machine: span 289365–289371
7Section 08, Elizabeth P. JonesDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 63,000. Filing ↗machine: span 283688–283694
8Section 08, Paul A. DeloryDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 60,000. Filing ↗machine: span 280771–280777
9Section 08, Maura E. Sullivan, M.DDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 35,000. Filing ↗machine: span 291266–291272
10Section 08, Marjorie A. WhiteDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 25,000. Filing ↗machine: span 293089–293095
11Section 08, Richard J. O'Neil JrDEF 14A2026-04-100001437749-26-011948Section “Director Compensation”. As printed: 0. Filing ↗
12Section 06, 2026 voteForm 8-K2026-04-100001437749-26-011948Item 5.07 · say-on-pay result. As reported: —. Filing ↗
13Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
14Section 09b board cost (computed)ComputedcomputedCash 417,000 + equity 0 + all other 0 = 417,000, summed across the director compensation table rows.machine: formula: Σ = 417,000
15ECB Bancorp (subject), Section 10b CEO totalDEF 14A2026-04-100001437749-26-011948CEO total compensation as printed in ECB Bancorp's own proxy. As printed: 855,646. Filing ↗machine: span 152722–152729