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.
Each company listed discloses FKYS 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 FKYS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jack Jones | $379,807 | $200 | $0 | $0 | $0 | $0 | $19,871 | $399,878 |
| Chief Executive Officer | ||||||||
| Mark McDonald | 192,000 | 200 | 0 | 0 | 0 | 0 | 14,971 | 207,171 |
| Chief Credit Officer | ||||||||
| Jonathan Littlewood | 179,100 | 200 | 0 | 0 | 0 | 0 | 10,597 | 189,897 |
| Chief Lending Officer | ||||||||
| Elaine Woodland | 94,800 | 200 | 0 | 0 | 0 | 13,294 | 78,317 | 186,611 |
| Former Chief Executive Officer | ||||||||
| Stacy Gordner | 143,336 | 200 | 0 | 0 | 0 | 0 | 8,518 | 152,054 |
| Chief Financial 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Jack Jones | $399,878 | — | — | — |
| Mark McDonald | 207,171 | 191,130 | — | +16,041 |
| Jonathan Littlewood | 189,897 | 173,249 | — | +16,648 |
| Elaine Woodland | 186,611 | 412,265 | — | −225,654 |
| Stacy Gordner | 152,054 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Michelle M. Karas | SVP & COO | 2026-05-26 | A | 635 | $19 | $12,065 | Common | Form 4 ↗ |
| Michael L. Jezewski | Director | 2026-05-27 | A | 105 | 18 | 1,888 | Common | Form 4 ↗ |
| Michael L. Jezewski | Director | 2026-05-27 | A | 334 | 18 | 6,002 | Common | Form 4 ↗ |
| Michael L. Jezewski | Director | 2026-05-27 | A | 109 | 18 | 1,951 | Common | Form 4 ↗ |
| D. Matthew Bower | Director | 2026-05-28 | A | 1,000 | 18 | 18,000 | Common | Form 4 ↗ |
| D. Matthew Bower | Director | 2026-06-23 | A | 4,275 | 18 | 75,668 | Common | Form 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.
The compensation programs are designed to provide an incentive to the named executive officers on both a short-term and long-term basis.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | L.R. Webber Associates, Inc. |
| Clawback policy | false |
| Anti-hedging | False |
| Anti-pledging | False |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-21 | 3,114,495 | 114,383 | 73,222 | 96.46% | Passed |
| 2023 | 2023-05-04 | 3,548,466 | 26,463 | 8,600 | 99.26% | Passed |
| 2020 | 2020-05-07 | 3,255,237 | 60,904 | 20,742 | 98.16% | Passed |
| 2017 | 2017-05-04 | 3,114,959 | 87,916 | 125,696 | 97.26% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-21 | 96.46%a |
| 2023 | 2023-05-04 | 99.26%b |
| 2020 | 2020-05-07 | 98.16%c |
a. Approved under the standard stated in the filing — “Abstentions and "broker non-votes" will not be counted as votes cast and therefore will not affect the determination as to whether this proposal is approved.”.
b. Approved under the standard stated in the filing — “Abstentions and "broker non-votes" will not be counted as votes cast and therefore will not affect the determination as to whether this proposal is approved.”.
c. Approved under the standard stated in the filing — “Abstentions and "broker non-votes" will not be counted as votes cast and therefore will not affect the determination as to whether this proposal is approved.”.
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.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Robert A. BullNot independent · Board Chair · Trust · ALCO · Marketing · Loan Administration · Human Resources · Executive (Chair) · Building · IT | $51,000 | $0 | $0 | — | $0 | $51,000 |
| John E. ArndtNot independent · Trust (Chair) · ALCO · Human Resources · Executive · Building · IT | 47,500 | 0 | 0 | — | 0 | 47,500 |
| David R. SaracinoIndependent · Audit | 46,500 | 0 | 0 | — | 0 | 46,500 |
| Nancy J. MarrIndependent · Audit (Chair) | 45,000 | 0 | 0 | — | 0 | 45,000 |
| Whitney B. HollowayNot independent · ALCO (Chair) · Marketing · Loan Administration · Human Resources · Building | 44,000 | 0 | 0 | — | 0 | 44,000 |
| D. Matthew BowerNot independent · Trust · Marketing (Chair) · Loan Administration · Human Resources · Executive · Building (Chair) · IT | 44,000 | 0 | 0 | — | 0 | 44,000 |
| Michael L. JezewskiIndependent · Audit | 44,000 | 0 | 0 | — | 0 | 44,000 |
| William E. RinehartIndependent · Audit | 44,000 | 0 | 0 | — | 0 | 44,000 |
| Elaine A. WoodlandIndependent · ALCO · Marketing · Loan Administration · Human Resources | 41,333 | 0 | 0 | — | 0 | 41,333 |
| Jack W. JonesEmployee director · Trust · ALCO · Marketing · Loan Administration · Human Resources · Executive · Building · IT · Newly elected | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $44,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $1,000 |
| Committee chair fees (audit / comp / nom-gov) | 1,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $407,333 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $407,333 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | First Keystone | 2025 | Jack Jones | $379,807 | $0 | $0 | $0 | $399,878 |
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Jack Jones | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “SUMMARY COMPENSATION TABLE”. As printed: 399,878. Filing ↗machine: t39 · r6 · c17 · span 391020–391027 |
| 2 | Section 01, Mark McDonald | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “SUMMARY COMPENSATION TABLE”. As printed: 207,171. Filing ↗machine: t39 · r18 · c17 · span 447528–447535 |
| 3 | Section 01, Jonathan Littlewood | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “SUMMARY COMPENSATION TABLE”. As printed: 189,897. Filing ↗machine: t39 · r22 · c17 · span 466426–466433 |
| 4 | Section 01, Elaine Woodland | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “SUMMARY COMPENSATION TABLE”. As printed: 186,611. Filing ↗machine: t39 · r10 · c17 · span 410043–410050 |
| 5 | Section 01, Stacy Gordner | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “SUMMARY COMPENSATION TABLE”. As printed: 152,054. Filing ↗machine: t39 · r14 · c17 · span 428930–428937 |
| 6 | Section 07, pay ratio | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 7 | Section 08, Robert A. Bull | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 51,000. Filing ↗ |
| 8 | Section 08, John E. Arndt | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 47,500. Filing ↗ |
| 9 | Section 08, David R. Saracino | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 46,500. Filing ↗ |
| 10 | Section 08, Nancy J. Marr | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 45,000. Filing ↗ |
| 11 | Section 08, Whitney B. Holloway | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 44,000. Filing ↗ |
| 12 | Section 08, D. Matthew Bower | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 44,000. Filing ↗machine: r1 · c1 · span 181919–181921 |
| 13 | Section 08, Michael L. Jezewski | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 44,000. Filing ↗machine: r10 · c2 · span 218846–218848 |
| 14 | Section 08, William E. Rinehart | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 44,000. Filing ↗ |
| 15 | Section 08, Elaine A. Woodland | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 41,333. Filing ↗ |
| 16 | Section 08, Jack W. Jones | DEF 14A | 2026-04-08 | 0000737875-26-000015 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 17 | Section 02, Michelle M. Karas 2026-05-26 | Form 4 | 2026-05-27 | 0001814026-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Michael L. Jezewski 2026-05-27 | Form 4 | 2026-05-28 | 0001739774-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Michael L. Jezewski 2026-05-27 | Form 4 | 2026-05-28 | 0001739774-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Michael L. Jezewski 2026-05-27 | Form 4 | 2026-05-28 | 0001739774-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, D. Matthew Bower 2026-05-28 | Form 4 | 2026-05-28 | 0001800889-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, D. Matthew Bower 2026-06-23 | Form 4 | 2026-06-23 | 0001800889-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 06, 2026 vote | Form 8-K | 2026-05-26 | 0000737875-26-000022 | Item 5.07 · say-on-pay result. As reported: 96.46% (votes for as printed: 3,114,495). Filing ↗ |
| 24 | Section 06, 2023 vote | Form 8-K | 2023-05-10 | 0000737875-23-000031 | Item 5.07 · say-on-pay result. As reported: 99.26% (votes for as printed: 3,548,466). Filing ↗ |
| 25 | Section 06, 2020 vote | Form 8-K | 2020-05-08 | 0001104659-20-058919 | Item 5.07 · say-on-pay result. As reported: 98.16%. Filing ↗ |
| 26 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 27 | Section 09b board cost (computed) | Computed | — | computed | Cash 407,333 + equity 0 + all other 0 = 407,333, summed across the director compensation table rows.machine: formula: Σ = 407,333 |
| 28 | First Keystone (subject), Section 10b CEO total | DEF 14A | 2026-04-08 | 0000737875-26-000015 | CEO total compensation as printed in First Keystone's own proxy. As printed: 399,878. Filing ↗machine: t39 · r6 · c17 · span 391020–391027 |