CEO Christopher Bergstrom was paid $1,593,287 in fiscal year 2025, up 14.9% from fiscal year 2024 (SEC filing 0001104659-26-050977 ↗): 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.
$1,593,287 Christopher Bergstrom total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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Each company listed discloses JMBL 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 JMBL 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 |
|---|---|---|---|---|---|---|---|---|
| Christopher Bergstrom | $800,000 | $550,000 | $200,017 | $0 | $0 | $0 | $43,270 | $1,593,287 |
| President & Chief Executive Officer | ||||||||
| Kent Carstater | 380,000 | 235,000 | 65,002 | 0 | 0 | 0 | 20,155 | 700,157 |
| Senior Executive Vice President – Chief Financial Officer | ||||||||
| Andrew Peden | 375,000 | 235,000 | 50,015 | 0 | 0 | 0 | 36,381 | 696,396 |
| Senior Executive Vice President – Chief Banking 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 |
|---|---|---|---|---|
| Christopher Bergstrom | $1,593,287 | $1,386,701 | — | +206,586 |
| Kent Carstater | 700,157 | 608,520 | — | +91,637 |
| Andrew Peden | 696,396 | 589,698 | — | +106,698 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Andrew Peden | RSU | 272 | — | $5,437 |
| Kent Carstater | RSU | 3,088 | — | 61,729 |
| Kent Carstater | RSU | 2,760 | — | 55,172 |
| Andrew Peden | RSU | 2,376 | — | 47,496 |
| Christopher Bergstrom | RSU | 2,300 | — | 45,977 |
| Kent Carstater | RSU | 1,269 | — | 25,367 |
| Andrew Peden | RSU | 1,015 | — | 20,290 |
| Kent Carstater | RSU | 726 | — | 14,513 |
| Kent Carstater | RSU | 678 | — | 13,553 |
| Andrew Peden | RSU | 582 | — | 11,634 |
| Kent Carstater | RSU | 511 | — | 10,215 |
| Andrew Peden | RSU | 205 | — | 4,098 |
| Andrew Peden | RSU | 2,576 | — | 51,494 |
| Christopher Bergstrom | RSU | 7,127 | — | 142,469 |
The Company believes that total compensation for executive officers should vary based on the Company’s performance and return to shareholders, and should be generally consistent relative to performance against the Company’s peers. Base salaries are set based on experience, individual performance, and financial results, while equity awards are used to align management interests with shareholders by focusing on long-term profitability and shareholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer & Partners, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Philip R. ChaseIndependent · Audit | $58,500 | $40,016 | $0 | — | $98,516 | $98,516 |
| O. Leland MahanIndependent · Compensation · Governance and Nominating | 56,400 | 40,016 | 0 | — | 96,416 | 96,416 |
| Michael A. GarciaIndependent · Compensation | 55,700 | 40,016 | 0 | — | 95,716 | 95,716 |
| Subhash K. GargIndependent · Audit (Chair) · Governance and Nominating | 43,600 | 40,016 | 0 | — | 83,616 | 83,616 |
| Philip W. AllinIndependent · Audit · Governance and Nominating (Chair) | 43,400 | 40,016 | 0 | — | 83,416 | 83,416 |
| Michael T. FosterIndependent · Compensation (Chair) · Governance and Nominating | 41,600 | 40,016 | 0 | — | 81,616 | 81,616 |
| Lim P. NguonlyIndependent · Departed during FY | 10,600 | 0 | 0 | — | 10,600 | 10,600 |
| Christopher W. BergstromEmployee director | — | — | — | — | — | 0 |
| Jonathan C. KinneyIndependent · Board Chair · Compensation | — | — | 0 | — | 0 | — |
| Annual cash retainer | $0 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $3,300 |
| Committee chair fees (audit / comp / nom-gov) | 300 / 300 / 300 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $309,800 |
| Equity awards (grant-date value) | $240,096 |
| All other compensation | $549,896 |
| Total cost of the board | $1,099,792 |
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.
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 | John Marshall Bancorp, Inc. | 2025 | Christopher Bergstrom | $800,000 | $200,017 | $0 | $0 | $1,593,287 |
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Christopher Bergstrom | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Executive Compensation”. As printed: 1,593,287. Filing ↗ |
| 2 | Section 01, Kent Carstater | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Executive Compensation”. As printed: 700,157. Filing ↗ |
| 3 | Section 01, Andrew Peden | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Executive Compensation”. As printed: 696,396. Filing ↗ |
| 4 | Section 08, Philip R. Chase | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 98,516. Filing ↗machine: span 313463–313712 |
| 5 | Section 08, O. Leland Mahan | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 96,416. Filing ↗machine: span 330709–330958 |
| 6 | Section 08, Michael A. Garcia | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 95,716. Filing ↗machine: span 322088–322337 |
| 7 | Section 08, Subhash K. Garg | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 83,616. Filing ↗machine: span 326522–326771 |
| 8 | Section 08, Philip W. Allin | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 83,416. Filing ↗machine: span 309276–309525 |
| 9 | Section 08, Michael T. Foster | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 81,616. Filing ↗machine: span 317899–318148 |
| 10 | Section 08, Lim P. Nguonly | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 10,600. Filing ↗machine: span 331852–332101 |
| 11 | Section 08, Christopher W. Bergstrom | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 12 | Section 08, Jonathan C. Kinney | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 13 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 14 | Section 09b board cost (computed) | Computed | — | — | Cash 309,800 + equity 240,096 + all other 549,896 = 1,099,792, summed across the director compensation table rows.machine: formula: Σ = 1,099,792 |
| 15 | John Marshall Bancorp, Inc. (subject), Section 10b CEO total | DEF 14A | 2026-04-29 | 0001104659-26-050977 | CEO total compensation as printed in John Marshall Bancorp, Inc.'s own proxy. As printed: 1,593,287. Filing ↗ |
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