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 JMSB 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 JMSB 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.
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 |
|---|---|---|---|---|---|---|---|---|
| O. Leland Mahan | Director | 2026-06-03 | A | 179 | $21 | $3,764 | Common | Form 4 ↗ |
| Jonathan C. Kinney | Director | 2026-06-03 | A | 1,208 | 21 | 25,404 | Common | Form 4 ↗ |
| Jonathan C. Kinney | Director | 2026-06-03 | A | 1,092 | 21 | 22,965 | Common | Form 4 ↗ |
| Christopher W. Bergstrom | Director | 2026-06-17 | D | 32,720 | 0 | 0 | Common | Form 4 ↗ |
| Christopher W. Bergstrom | Director | 2026-06-17 | A | 32,720 | 0 | 0 | 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.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Kent Carstater | RSA | — | — | — | 3,088 | — | — |
| Andrew Peden | RSU | — | — | — | — | — | 50,015 |
| Kent Carstater | RSU | — | — | — | — | — | 65,002 |
| Christopher Bergstrom | RSA | — | — | — | 9,502 | — | — |
| Andrew Peden | RSA | — | — | — | 2,376 | — | — |
| Christopher Bergstrom | RSU | — | — | — | — | — | 200,017 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Kent Carstater | $65,002 | $0 | $0 | 0.0% |
| Andrew Peden | 50,015 | 0 | 0 | 0.0% |
| Christopher Bergstrom | 200,017 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Christopher Bergstrom | RSU | 2,300 | — | $45,977 |
| Andrew Peden | RSU | 2,576 | — | 51,494 |
| Kent Carstater | RSU | 1,269 | — | 25,367 |
| Kent Carstater | RSU | 678 | — | 13,553 |
| Andrew Peden | RSU | 205 | — | 4,098 |
| Kent Carstater | RSU | 3,088 | — | 61,729 |
| Kent Carstater | RSU | 511 | — | 10,215 |
| Andrew Peden | RSU | 272 | — | 5,437 |
| Kent Carstater | RSU | 2,760 | — | 55,172 |
| Andrew Peden | RSU | 582 | — | 11,634 |
| Christopher Bergstrom | RSU | 7,127 | — | 142,469 |
| Andrew Peden | RSU | 2,376 | — | 47,496 |
| Andrew Peden | RSU | 1,015 | — | 20,290 |
| Kent Carstater | RSU | 726 | — | 14,513 |
The Committee believes that total compensation for executive officers (base salary, short-term and long-term compensation) 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.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | false |
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jonathan C. KinneyIndependent · Board Chair · Compensation | $101,200 | $45,005 | $0 | — | $0 | $146,205 |
| Philip R. ChaseIndependent · Audit | 58,500 | 40,016 | 0 | — | 0 | 98,516 |
| O. Leland MahanIndependent · Compensation · Nominating/Governance | 56,400 | 40,016 | 0 | — | 0 | 96,416 |
| Michael A. GarciaIndependent · Compensation | 55,700 | 40,016 | 0 | — | 0 | 95,716 |
| Subhash K. GargIndependent · Audit (Chair) · Nominating/Governance | 43,600 | 40,016 | 0 | — | 0 | 83,616 |
| Philip W. AllinIndependent · Audit · Nominating/Governance (Chair) | 43,400 | 40,016 | 0 | — | 0 | 83,416 |
| Michael T. FosterIndependent · Compensation (Chair) · Nominating/Governance | 41,600 | 40,016 | 0 | — | 0 | 81,616 |
| Lim P. NguonlyIndependent · Not standing for re-election · Departed during FY | 10,600 | — | 0 | — | 0 | 10,600 |
| Christopher W. BergstromEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | — |
|---|---|
| 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 | $411,000 |
| Equity awards (grant-date value) | $285,101 |
| All other compensation | $0 |
| Total cost of the board | $696,101 |
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 | 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 “Summary Compensation Table”. As printed: 1,593,287. Filing ↗machine: t26 · r5 · c23 · span 405120–405129 |
| 2 | Section 01, Kent Carstater | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Summary Compensation Table”. As printed: 700,157. Filing ↗machine: t26 · r8 · c23 · span 427142–427149 |
| 3 | Section 01, Andrew Peden | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Summary Compensation Table”. As printed: 696,396. Filing ↗machine: t26 · r11 · c23 · span 449629–449636 |
| 4 | Section 03, Kent Carstater RSA | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “EXECUTIVE OFFICER COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 471932–471937 |
| 5 | Section 03, Andrew Peden RSU | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t26 · r11 · c11 · span 445786–445792 |
| 6 | Section 03, Kent Carstater RSU | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t26 · r8 · c11 · span 423527–423533 |
| 7 | Section 03, Christopher Bergstrom RSA | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “EXECUTIVE OFFICER COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 471748–471753 |
| 8 | Section 03, Andrew Peden RSA | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “EXECUTIVE OFFICER COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 471949–471954 |
| 9 | Section 03, Christopher Bergstrom RSU | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t26 · r5 · c11 · span 401276–401283 |
| 10 | Section 07, pay ratio | 10-K | 2026-03-13 | 0001104659-26-027378 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 11 | Section 08, Jonathan C. Kinney | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 146,205. Filing ↗machine: t22 · r4 · c12 · span 305073–305080 |
| 12 | Section 08, Philip R. Chase | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 98,516. Filing ↗machine: t22 · r6 · c12 · span 313695–313701 |
| 13 | Section 08, O. Leland Mahan | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 96,416. Filing ↗machine: t22 · r10 · c12 · span 330941–330947 |
| 14 | Section 08, Michael A. Garcia | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 95,716. Filing ↗machine: t22 · r8 · c12 · span 322320–322326 |
| 15 | Section 08, Subhash K. Garg | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 83,616. Filing ↗machine: t22 · r9 · c12 · span 326754–326760 |
| 16 | Section 08, Philip W. Allin | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 83,416. Filing ↗machine: t22 · r5 · c12 · span 309508–309514 |
| 17 | Section 08, Michael T. Foster | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 81,616. Filing ↗machine: t22 · r7 · c12 · span 318131–318137 |
| 18 | Section 08, Lim P. Nguonly | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 10,600. Filing ↗machine: t22 · r11 · c2 · span 332084–332090 |
| 19 | Section 08, Christopher W. Bergstrom | DEF 14A | 2026-04-29 | 0001104659-26-050977 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 20 | Section 02, O. Leland Mahan 2026-06-03 | Form 4 | 2026-06-05 | 0001898828-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Jonathan C. Kinney 2026-06-03 | Form 4 | 2026-06-05 | 0001318894-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Jonathan C. Kinney 2026-06-03 | Form 4 | 2026-06-05 | 0001318894-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Christopher W. Bergstrom 2026-06-17 | Form 4 | 2026-06-26 | 0001277589-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Christopher W. Bergstrom 2026-06-17 | Form 4 | 2026-06-26 | 0001277589-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | 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) |
| 26 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 27 | Section 09b board cost (computed) | Computed | — | computed | Cash 411,000 + equity 285,101 + all other 0 = 696,101, summed across the director compensation table rows.machine: formula: Σ = 696,101 |
| 28 | 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 ↗machine: t26 · r5 · c23 · span 405120–405129 |