Independent Bank Group (IBTX)

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

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

You have just read Independent Bank Group's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper IBTX reports.

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One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

One page per director: the seat, the committees and the fee table, read for one person at a time.

Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

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.

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

The Compensation Committee's philosophy is to provide a compensation package that attracts and retains executive talent, rewards superior performance and produces consequences for underperformance. The Compensation Committee seeks to provide a balanced mix of cash and equity-based compensation that aligns the short-term and long-term interests of the Company's executives with that of the Company's shareholders while encouraging share ownership by the Company's executives.

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

a. Approved under the standard stated in the filing — “How are broker non-votes and abstentions treated? Broker non-votes and abstentions will be counted for the purpose of determining whether a quorum is present for the Annual Meeting, but will not be considered votes cast at the meeting.”.

b. Approved under the standard stated in the filing — “Any abstentions will not have the effect of a vote against the proposals with respect to the Say-On-Pay vote (Proposal III) or the ratification of RSM US LLP's appointment as the Company's independent registered public accounting firm (Proposal IV), but any abstention or failure to vote with respect to the Amendment to Charter (Proposal I) will have the same effect as a vote against such proposal.”.

c. Approved under the standard stated in the filing — “Any abstentions will not have the effect of a vote against the proposals with respect to the Say-On-Pay vote (Proposal II), the 2022 Equity Incentive Plan (Proposal III) or the ratification of RSM US LLP's appointment as the Company's independent registered public accounting firm (Proposal IV).”.

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.

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

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Of the companies Independent Bank Group names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Independent Bank Group.

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

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.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

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.

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.

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