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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Mark Mason | $1,273,881 | $0 | $0 | $0 | $1,419,382 | $0 | $3,938,305 | $6,631,568 |
| Former Chief Executive Officer | ||||||||
| William Endresen | 309,449 | 0 | 0 | 0 | 480,810 | 0 | 1,844,529 | 2,634,788 |
| Former Commercial Real Estate President, EVP | ||||||||
| John Michel | 352,002 | 0 | 0 | 0 | 497,504 | 0 | 1,683,548 | 2,533,054 |
| Former Chief Financial Officer, EVP | ||||||||
| Nathan Duda | 200,000 | 277,800 | 299,998 | 0 | 300,000 | 0 | 19,513 | 1,097,311 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Scott Givans | 179,000 | 216,400 | 262,501 | 0 | 262,500 | 0 | 16,369 | 936,770 |
| Executive Vice President and Chief Credit 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 |
|---|---|---|---|---|
| Mark Mason | $6,631,568 | $1,983,469 | — | +4,648,099 |
| William Endresen | 2,634,788 | 1,141,764 | — | +1,493,024 |
| John Michel | 2,533,054 | 1,019,656 | — | +1,513,398 |
| Nathan Duda | 1,097,311 | — | — | — |
| Scott Givans | 936,770 | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|
| Douglas E. Downer | Director | 2026-05-27 | D | 3,301 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Douglas E. Downer | Director | 2026-05-27 | A | 5,513 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Edward Michael Downer | Director | 2026-05-27 | D | 3,301 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Patricia Cochran | Director | 2026-05-27 | D | 3,301 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Patricia Cochran | Director | 2026-05-27 | A | 5,513 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrienne Y. Crowe | Director | 2026-05-27 | A | 3,301 | 0 | 0 | Common | Form 4 ↗ |
| Patricia Cochran | Director | 2026-05-27 | A | 3,301 | 0 | 0 | Common | Form 4 ↗ |
| Jon R. Wilcox | Director | 2026-05-27 | A | 3,301 | 0 | 0 | Common | Form 4 ↗ |
| Jon R. Wilcox | Director | 2026-05-27 | A | 5,513 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrienne Y. Crowe | Director | 2026-05-27 | A | 5,513 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Edward Michael Downer | Director | 2026-05-27 | A | 5,513 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Douglas E. Downer | Director | 2026-05-27 | A | 3,301 | 0 | 0 | Common | Form 4 ↗ |
| Jon R. Wilcox | Director | 2026-05-27 | D | 3,301 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Adrienne Y. Crowe | Director | 2026-05-27 | D | 3,301 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Edward Michael Downer | Director | 2026-05-27 | A | 3,301 | 0 | 0 | Common | Form 4 ↗ |
| Kenneth D. Russell | Director | 2026-05-28 | A | 5,513 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy D. Pellegrino | Director | 2026-05-28 | A | 5,513 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Edward Michael Downer | Director | 2026-06-15 | D | 2 | 15 | 30 | 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 |
|---|---|---|---|---|---|---|---|
| Scott Givans | PSU | — | — | — | — | — | $262,501 |
| Nathan Duda | PSU | — | — | — | — | — | 299,998 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Scott Givans | $0 | $262,501 | $0 | 100.0% |
| Nathan Duda | 0 | 299,998 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
We believe that our compensation policies and procedures are strongly aligned with the long-term interests of our shareholders. Our compensation program is designed to motivate our leaders to contribute to the achievement of our financial goals and to focus on long-term value creation for our shareholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pay Governance |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | False |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-28 | 196,110,106 | 330,525 | 709,505 | 99.83% | Passed |
| 2025 | 2025-05-29 | 12,412,036 | 680,253 | 50,482 | 94.8% | Passed |
| 2024 | 2024-06-18 | 13,160,269 | 1,321,147 | 107,939 | 90.88% | Passed |
| 2023 | 2023-05-25 | 14,022,173 | 633,330 | 32,420 | 95.68% | Passed |
| 2022 | 2022-05-26 | 14,454,117 | 244,505 | 144,946 | 98.34% | Passed |
| 2021 | 2021-05-27 | 16,622,464 | 375,801 | 48,397 | 97.79% | 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 | 2026-05-28 | 99.83%a |
| 2025 | 2025-05-29 | 94.8%b |
| 2024 | 2024-06-18 | 90.88%c |
a. Approved under the standard stated in the filing — “What is the effect of abstentions and broker non-votes? If you specify that you wish to "abstain" from voting on an item (or "abstain" from voting for a director), then your shares will not be voted on that particular item.”.
b. Approved under the standard stated in the filing — “What is the effect of abstentions and broker non-votes? If you specify that you wish to "abstain" from voting on an item (or "withhold" your vote for a director), then your shares will not be voted on that particular item.”.
c. Approved under the standard stated in the filing — “What is the effect of abstentions and broker non-votes? If you specify that you wish to "abstain" from voting on an item (or "withhold" your vote for a director), then your shares will not be voted on that particular item.”.
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 |
|---|---|---|---|---|---|---|
| James R. Mitchell, JrIndependent · Audit · Departed during FY | $135,000 | $0 | $0 | $0 | $0 | $135,000 |
| Nancy D. PellegrinoIndependent · Nominating/Governance | 127,500 | 0 | 0 | 0 | 0 | 127,500 |
| Sandra A. CavanaughIndependent · Audit · Departed during FY | 116,250 | 0 | 0 | 0 | 0 | 116,250 |
| Jeffrey D. GreenIndependent · Audit (Chair) · Departed during FY | 112,500 | 0 | 0 | 0 | 0 | 112,500 |
| Scott M. BoggsIndependent · Audit · Departed during FY | 112,500 | 0 | 0 | 0 | 0 | 112,500 |
| Joanne R. HarrellIndependent · Departed during FY | 108,750 | 0 | 0 | 0 | 0 | 108,750 |
| S. Craig TompkinsIndependent · Departed during FY | 102,500 | 0 | 0 | 0 | 0 | 102,500 |
| Patricia CochranIndependent · Audit (Chair) · Partial-year service | 31,700 | 0 | 0 | 0 | 0 | 31,700 |
| E. Michael DownerIndependent · Nominating/Governance (Chair) · Partial-year service | 28,300 | 0 | 0 | 0 | 0 | 28,300 |
| Jon R. WilcoxIndependent · Audit · Partial-year service | 25,000 | 0 | 0 | 0 | 0 | 25,000 |
| Douglas DownerIndependent · Audit · Partial-year service | 25,000 | 0 | 0 | 0 | 0 | 25,000 |
| Adrienne Y. CroweIndependent · Compensation (Chair) · Partial-year service | 25,000 | 0 | 0 | 0 | 0 | 25,000 |
| Mark K. MasonEmployee director · Departed during FY | 0 | 0 | 0 | — | 0 | 0 |
| Carl B. WebbEmployee director · Board Chair · Compensation · Partial-year service | 0 | 0 | 0 | — | 0 | 0 |
| Kenneth D. RussellIndependent · Risk (Chair) · Partial-year service | 0 | 0 | 0 | 0 | 0 | 0 |
| Annual cash retainer | $130,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 15,000 |
| Stock ownership guideline | $390,000 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $950,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $950,000 |
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 | Mechanics Bancorp | 2025 | Mark Mason | $1,273,881 | $0 | $0 | $1,419,382 | $6,631,568 |
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, Mark Mason | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Summary Compensation Table”. As printed: 6,631,568. Filing ↗machine: r9 · c42 · span 208972–208981 |
| 2 | Section 01, William Endresen | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Summary Compensation Table”. As printed: 2,634,788. Filing ↗machine: r13 · c42 · span 221615–221624 |
| 3 | Section 01, John Michel | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Summary Compensation Table”. As printed: 2,533,054. Filing ↗machine: r11 · c42 · span 215281–215290 |
| 4 | Section 01, Nathan Duda | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Summary Compensation Table”. As printed: 1,097,311. Filing ↗machine: r5 · c42 · span 199097–199106 |
| 5 | Section 01, Scott Givans | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Summary Compensation Table”. As printed: 936,770. Filing ↗machine: r7 · c42 · span 204033–204040 |
| 6 | Section 03, Scott Givans PSU | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t11 · r7 · c11 · span 202807–202814 |
| 7 | Section 03, Nathan Duda PSU | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t11 · r5 · c11 · span 197871–197878 |
| 8 | Section 07, pay ratio | 10-K | 2026-03-17 | 0001518715-26-000026 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 9 | Section 08, James R. Mitchell, Jr | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 135,000. Filing ↗ |
| 10 | Section 08, Nancy D. Pellegrino | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 127,500. Filing ↗machine: t9 · r8 · c2 · span 163723–163730 |
| 11 | Section 08, Sandra A. Cavanaugh | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 116,250. Filing ↗machine: t9 · r12 · c2 · span 166356–166363 |
| 12 | Section 08, Jeffrey D. Green | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 112,500. Filing ↗machine: t9 · r13 · c2 · span 167010–167017 |
| 13 | Section 08, Scott M. Boggs | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 112,500. Filing ↗machine: t9 · r11 · c2 · span 165696–165703 |
| 14 | Section 08, Joanne R. Harrell | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 108,750. Filing ↗machine: t9 · r14 · c2 · span 167668–167675 |
| 15 | Section 08, S. Craig Tompkins | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 102,500. Filing ↗machine: t9 · r16 · c2 · span 168985–168992 |
| 16 | Section 08, Patricia Cochran | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 31,700. Filing ↗machine: t9 · r5 · c2 · span 161744–161750 |
| 17 | Section 08, E. Michael Downer | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 28,300. Filing ↗machine: t9 · r4 · c2 · span 161085–161091 |
| 18 | Section 08, Jon R. Wilcox | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 25,000. Filing ↗machine: t9 · r10 · c2 · span 165042–165048 |
| 19 | Section 08, Douglas Downer | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 25,000. Filing ↗machine: t9 · r7 · c2 · span 163061–163067 |
| 20 | Section 08, Adrienne Y. Crowe | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 25,000. Filing ↗machine: t9 · r6 · c2 · span 162404–162410 |
| 21 | Section 08, Mark K. Mason | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 22 | Section 08, Carl B. Webb | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 23 | Section 08, Kenneth D. Russell | DEF 14A | 2026-04-16 | 0001518715-26-000038 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 24 | Section 02, Douglas E. Downer 2026-05-27 | Form 4 | 2026-05-29 | 0002104981-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Douglas E. Downer 2026-05-27 | Form 4 | 2026-05-29 | 0002104981-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Edward Michael Downer 2026-05-27 | Form 4 | 2026-05-29 | 0002104239-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Patricia Cochran 2026-05-27 | Form 4 | 2026-05-29 | 0002104575-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Patricia Cochran 2026-05-27 | Form 4 | 2026-05-29 | 0002104575-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Adrienne Y. Crowe 2026-05-27 | Form 4 | 2026-05-29 | 0002103504-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Patricia Cochran 2026-05-27 | Form 4 | 2026-05-29 | 0002104575-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Jon R. Wilcox 2026-05-27 | Form 4 | 2026-05-29 | 0002105535-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Jon R. Wilcox 2026-05-27 | Form 4 | 2026-05-29 | 0002105535-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Adrienne Y. Crowe 2026-05-27 | Form 4 | 2026-05-29 | 0002103504-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Edward Michael Downer 2026-05-27 | Form 4 | 2026-05-29 | 0002104239-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Douglas E. Downer 2026-05-27 | Form 4 | 2026-05-29 | 0002104981-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Jon R. Wilcox 2026-05-27 | Form 4 | 2026-05-29 | 0002105535-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Adrienne Y. Crowe 2026-05-27 | Form 4 | 2026-05-29 | 0002103504-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Edward Michael Downer 2026-05-27 | Form 4 | 2026-05-29 | 0002104239-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Kenneth D. Russell 2026-05-28 | Form 4 | 2026-05-29 | 0001498530-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Nancy D. Pellegrino 2026-05-28 | Form 4 | 2026-05-29 | 0001792763-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Edward Michael Downer 2026-06-15 | Form 4 | 2026-06-17 | 0002104239-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 06, 2026 vote | Form 8-K | 2026-06-01 | 0001518715-26-000052 | Item 5.07 · say-on-pay result. As reported: 99.83% (votes for as printed: 196,110,106). Filing ↗ |
| 43 | Section 06, 2025 vote | Form 8-K | 2025-06-02 | 0001518715-25-000087 | Item 5.07 · say-on-pay result. As reported: 94.8% (votes for as printed: 12,412,036). Filing ↗ |
| 44 | Section 06, 2024 vote | Form 8-K | 2024-06-20 | 0001518715-24-000147 | Item 5.07 · say-on-pay result. As reported: 90.88% (votes for as printed: 13,160,269). Filing ↗ |
| 45 | 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) |
| 46 | 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 |
| 47 | Section 09b board cost (computed) | Computed | — | computed | Cash 950,000 + equity 0 + all other 0 = 950,000, summed across the director compensation table rows.machine: formula: Σ = 950,000 |
| 48 | Mechanics Bancorp (subject), Section 10b CEO total | DEF 14A | 2026-04-16 | 0001518715-26-000038 | CEO total compensation as printed in Mechanics Bancorp's own proxy. As printed: 6,631,568. Filing ↗machine: r9 · c42 · span 208972–208981 |