Fiscal year 2024 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 LNKB 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 LNKB 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 |
|---|---|---|---|---|---|---|---|---|
| Andrew Samuel | $750,000 | $0 | $105,280 | $0 | $375,000 | — | $20,766 | $1,251,046 |
| Chief Executive Officer | ||||||||
| Carl Lundblad | 400,000 | 0 | 65,800 | 0 | 160,000 | — | 54,544 | 680,344 |
| President | ||||||||
| Brent Smith | 350,000 | 0 | 52,640 | 0 | 140,000 | — | 51,859 | 594,499 |
| Executive Vice President, President of LINKBANK | ||||||||
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 | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Andrew Samuel | $1,251,046 | $1,841,579 | — | −590,533 |
| Carl Lundblad | 680,344 | 871,169 | — | −190,825 |
| Brent Smith | 594,499 | 747,100 | — | −152,601 |
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 | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Andrew Samuel | OTHER | — | — | — | — | — | $105,280 |
| Brent Smith | OTHER | — | — | — | — | — | 52,640 |
| Carl Lundblad | OTHER | — | — | — | — | — | 65,800 |
Grant-level vehicle detail not disclosed.
% 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 |
|---|---|---|---|---|
| Andrew Samuel | RSU | 12,800 | — | $95,744 |
| Brent Smith | RSU | 6,400 | — | 47,872 |
| Andrew Samuel | Option | 40,000 | 10 | — |
| Carl Lundblad | Option | 30,000 | 10 | — |
| Brent Smith | Option | 40,000 | 10 | — |
| Andrew Samuel | RSU | 16,000 | — | 119,680 |
| Brent Smith | RSU | 8,000 | — | 59,840 |
| Carl Lundblad | RSU | 8,000 | — | 59,840 |
| Carl Lundblad | RSU | 10,000 | — | 74,800 |
Competitive base salaries, targeted at the market median, but with flexibility to recognize each executive's individual role, responsibilities, experience and performance. Short term cash incentives which focus our executives on critical annual goals and objectives aligned with our strategic plan. Long-term equity incentives that align our executives' interests with our shareholders, reward stock price appreciation and provide a means for retaining top performers. Competitive benefits that are designed to allow us to attract and retain key executives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners LLC |
| Clawback policy | The 2025 Equity Incentive Plan provides for clawback including termination for cause, violation of material company policies, automatic forfeiture under Section 304 of Sarbanes-Oxley related to accounting restatements, and any clawback policy of the Company. Awards are subject to any clawback policy adopted by the Company pursuant to Section 954 of the Dodd-Frank Act. |
| Anti-hedging | The Company's Policy on Inside Information & Insider Trading includes an anti-hedging policy prohibiting directors, officers and other employees from engaging in or effecting any transaction designed to hedge or offset declines in the market value of the Company's securities. Cashless exercises of employee stock options are not deemed short sales and are not prohibited. |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-05-22 | 230,437,202 | — | — | — | — |
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 |
|---|---|---|
| 2025 | 2025-05-22 | —a |
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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Joseph C. Michetti, JrIndependent · Board Chair | $35,000 | $13,160 | $0 | $0 | $0 | $48,160 |
| George ParmerIndependent · Compensation (Chair) · Nominating and Corporate Governance | 32,500 | 13,160 | 0 | 0 | 0 | 45,660 |
| William E. PommereningIndependent | 32,500 | 13,160 | 0 | 0 | 0 | 45,660 |
| Anson FlakeIndependent · Audit | 30,000 | 13,160 | 0 | 0 | 0 | 43,160 |
| Diane PoillonIndependent | 30,000 | 13,160 | 0 | 0 | 0 | 43,160 |
| Robert C. WheatleyIndependent · Audit | 30,000 | 13,160 | 0 | 0 | 0 | 43,160 |
| Kristen SnyderIndependent · Audit | 30,000 | 13,160 | 0 | 0 | 0 | 43,160 |
| Kenneth R. LehmanIndependent · Compensation | 30,000 | 13,160 | 0 | 0 | 0 | 43,160 |
| Michael W. ClarkeIndependent | 30,000 | 13,160 | 0 | 0 | 0 | 43,160 |
| Debra PiersonIndependent · Compensation · Nominating and Corporate Governance | 22,500 | 13,160 | 0 | 0 | 0 | 35,660 |
| Andrew SamuelEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $30,000 |
|---|---|
| Annual equity retainer | $13,160 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 5,000 / 5,000 / 5,000 |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $302,500 |
| Equity awards (grant-date value) | $131,600 |
| All other compensation | $0 |
| Total cost of the board | $434,100 |
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 | LINKBANCORP, Inc. | 2024 | Andrew Samuel | $750,000 | $105,280 | $0 | $375,000 | $1,251,046 |
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, Andrew Samuel | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Summary Compensation Table”. As printed: 1,251,046. Filing ↗machine: r2 · c27 · span 189378–189387 |
| 2 | Section 01, Carl Lundblad | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Summary Compensation Table”. As printed: 680,344. Filing ↗machine: r4 · c27 · span 192318–192325 |
| 3 | Section 01, Brent Smith | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Summary Compensation Table” · page 21. As printed: 594,499. Filing ↗machine: t68 · span 195245–195252 |
| 4 | Section 03, Andrew Samuel OTHER | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “EXECUTIVE OFFICERS WHO ARE NOT DIRECTORS &” · grants of plan-based awards table. Filing ↗machine: t68 · r2 · c15 · span 188869–188876 |
| 5 | Section 03, Brent Smith OTHER | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “EXECUTIVE OFFICERS WHO ARE NOT DIRECTORS &” · grants of plan-based awards table. Filing ↗machine: t68 · r6 · c15 · span 194737–194743 |
| 6 | Section 03, Carl Lundblad OTHER | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “EXECUTIVE OFFICERS WHO ARE NOT DIRECTORS &” · grants of plan-based awards table. Filing ↗machine: t68 · r4 · c15 · span 191810–191816 |
| 7 | Section 08, Joseph C. Michetti, Jr | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 48,160. Filing ↗machine: t85 · r3 · c15 · span 269151–269157 |
| 8 | Section 08, George Parmer | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 45,660. Filing ↗machine: t84 · r4 · c15 · span 261320–261326 |
| 9 | Section 08, William E. Pommerening | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 45,660. Filing ↗machine: t84 · r7 · c15 · span 264182–264188 |
| 10 | Section 08, Anson Flake | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 43,160. Filing ↗machine: t84 · r3 · c15 · span 260357–260363 |
| 11 | Section 08, Diane Poillon | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 43,160. Filing ↗machine: t84 · r6 · c15 · span 263228–263234 |
| 12 | Section 08, Robert C. Wheatley | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 43,160. Filing ↗machine: t85 · r15 · c15 · span 280738–280744 |
| 13 | Section 08, Kristen Snyder | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 43,160. Filing ↗machine: t85 · r4 · c15 · span 270115–270121 |
| 14 | Section 08, Kenneth R. Lehman | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 43,160. Filing ↗machine: t85 · r12 · c15 · span 277883–277889 |
| 15 | Section 08, Michael W. Clarke | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 43,160. Filing ↗machine: t85 · r7 · c15 · span 272975–272981 |
| 16 | Section 08, Debra Pierson | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 35,660. Filing ↗machine: t84 · r5 · c15 · span 262265–262271 |
| 17 | Section 08, Andrew Samuel | DEF 14A | 2025-04-17 | 0001193125-25-083608 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 06, 2025 vote | Form 8-K | 2025-04-17 | 0001193125-25-083608 | Item 5.07 · say-on-pay result. As reported: —. Filing ↗ |
| 19 | 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) |
| 20 | Section 09b board cost (computed) | Computed | — | computed | Cash 302,500 + equity 131,600 + all other 0 = 434,100, summed across the director compensation table rows.machine: formula: Σ = 434,100 |
| 21 | LINKBANCORP, Inc. (subject), Section 10b CEO total | DEF 14A | 2025-04-17 | 0001193125-25-083608 | CEO total compensation as printed in LINKBANCORP, Inc.'s own proxy. As printed: 1,251,046. Filing ↗machine: r2 · c27 · span 189378–189387 |