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 OBT 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 OBT 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 |
|---|---|---|---|---|---|---|---|---|
| Michael Gilfeather | $700,000 | $0 | $609,001 | $0 | $450,000 | $0 | $333,481 | $2,092,482 |
| President, Chief Executive Officer and Director of the Company and the Bank | ||||||||
| Joseph Ruhl | 355,350 | 0 | 144,908 | 0 | 200,000 | 0 | 103,244 | 803,502 |
| Executive Vice President and Regional President of the Bank | ||||||||
| Michael Lesler | 350,200 | 50,000 | 142,808 | 0 | 180,000 | 0 | 59,602 | 782,610 |
| Executive Vice President, Chief Financial Officer of the Company and the Bank | ||||||||
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 |
|---|---|---|---|---|
| Michael Gilfeather | $2,092,482 | $1,892,769 | — | +199,713 |
| Joseph Ruhl | 803,502 | 753,332 | — | +50,170 |
| Michael Lesler | 782,610 | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|
| Richard B. Rowley | Director | 2026-05-01 | A | — | $34 | — | Derivative, Class A Common | Form 4 ↗ |
| Marianna R. Kennedy | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Gregory Sousa | EVP and Deputy CLO | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Olga Luz Tirado | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Michael J. Gilfeather | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Jonathan Schiller | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Olga Luz Tirado | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Gregory F. Holcombe | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Kevin J. Keane | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Richard B. Rowley | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Michael Lesler | EVP, Chief Financial Officer | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| William D. Morrison | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Jonathan F. Rouis | Director | 2026-06-15 | A | — | 35 | — | Derivative, Class A Common | Form 4 ↗ |
| Marianna R. Kennedy | Director | 2026-07-01 | A | — | 37 | — | Derivative, Class A Common | Form 4 ↗ |
| Jonathan Schiller | Director | 2026-07-01 | A | — | 37 | — | Derivative, Class A Common | Form 4 ↗ |
| Olga Luz Tirado | Director | 2026-07-01 | A | — | 37 | — | Derivative, Class A Common | Form 4 ↗ |
| Richard B. Rowley | Director | 2026-07-01 | A | — | 37 | — | Derivative, Class A Common | Form 4 ↗ |
| Kevin J. Keane | Director | 2026-07-01 | A | — | 37 | — | Derivative, Class A Common | Form 4 ↗ |
| Gregory F. Holcombe | Director | 2026-07-01 | A | — | 37 | — | Derivative, Class A Common | Form 4 ↗ |
| Jonathan F. Rouis | Director | 2026-07-01 | A | — | 37 | — | Derivative, Class A Common | Form 4 ↗ |
| Richard B. Rowley | Director | 2026-07-22 | A | — | 37 | — | Derivative, Class A 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 |
|---|---|---|---|---|---|---|---|
| Michael Gilfeather | RSU | — | — | — | 19,206 | — | $450,000 |
| Joseph Ruhl | RSU | — | — | — | 5,934 | — | 144,908 |
| Michael Lesler | RSU | — | — | — | 5,848 | — | 142,808 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michael Gilfeather | $450,000 | $0 | $0 | 0.0% |
| Joseph Ruhl | 144,908 | 0 | 0 | 0.0% |
| Michael Lesler | 142,808 | 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 |
|---|---|---|---|---|
| Michael Lesler | RSU | 752 | — | $21,470 |
| Michael Lesler | RSU | 5,848 | — | 166,960 |
| Joseph Ruhl | RSU | 1,274 | — | 36,373 |
| Joseph Ruhl | RSU | 3,686 | — | 105,235 |
| Michael Gilfeather | RSU | 3,296 | — | 94,101 |
| Michael Gilfeather | RSU | 5,247 | — | 149,802 |
| Michael Gilfeather | RSU | 5,164 | — | 147,432 |
| Michael Lesler | RSU | 2,642 | — | 75,429 |
| Joseph Ruhl | RSU | 5,934 | — | 169,416 |
| Michael Gilfeather | RSU | 11,444 | — | 326,726 |
| Michael Gilfeather | RSU | 19,206 | — | 548,331 |
The AIP also serves as a critical compensation tool to attract and retain talent, align executive performance with our strategic plan, budget and stockholder interests.
| CEO STI target (% of salary) | 40% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | AON |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jonathan F. RouisIndependent · Board Chair · Audit and Risk (Chair) · Nominating and Corporate Governance | $128,752 | $25,761 | $0 | $0 | $0 | $154,513 |
| Richard B. RowleyIndependent · Compensation · Nominating and Corporate Governance · Directors Loan Committee | 103,052 | 25,761 | 0 | 0 | 0 | 128,813 |
| William D. MorrisonIndependent · Nominating and Corporate Governance · Directors Loan Committee | 98,052 | 25,761 | 0 | 0 | 0 | 123,813 |
| Gregory F. HolcombeIndependent · Compensation · Directors Loan Committee | 87,552 | 25,761 | 0 | 0 | 0 | 113,313 |
| Marianna R. KennedyIndependent · Audit and Risk · Nominating and Corporate Governance (Chair) · Directors Loan Committee | 82,402 | 25,761 | 0 | 0 | 0 | 108,163 |
| Jonathan SchillerIndependent · Audit and Risk | 77,252 | 25,761 | 0 | 0 | 0 | 103,013 |
| Kevin J. KeaneIndependent · Compensation (Chair) | 77,252 | 25,761 | 0 | 0 | 0 | 103,013 |
| Olga Luz TiradoIndependent · Nominating and Corporate Governance | 77,252 | 25,761 | 0 | 0 | 0 | 103,013 |
| Michael J. GilfeatherEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $25,037 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | $150,000 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $731,566 |
| Equity awards (grant-date value) | $206,088 |
| All other compensation | $0 |
| Total cost of the board | $937,654 |
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 | Orange County Bancorp, Inc. | 2025 | Michael Gilfeather | $700,000 | $609,001 | $0 | $450,000 | $2,092,482 |
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, Michael Gilfeather | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Summary Compensation Table”. As printed: 2,092,482. Filing ↗machine: r1 · c47 · span 243871–243880 |
| 2 | Section 01, Joseph Ruhl | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Summary Compensation Table”. As printed: 803,502. Filing ↗machine: r3 · c47 · span 253378–253385 |
| 3 | Section 01, Michael Lesler | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Summary Compensation Table”. As printed: 782,610. Filing ↗machine: r5 · c47 · span 262941–262948 |
| 4 | Section 03, Michael Gilfeather RSU | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t1 · r1 · c29 · span 242243–242250 |
| 5 | Section 03, Joseph Ruhl RSU | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t1 · r3 · c23 · span 251218–251225 |
| 6 | Section 03, Michael Lesler RSU | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t1 · r5 · c23 · span 260886–260893 |
| 7 | Section 07, pay ratio | 10-K | 2026-03-16 | 0001104659-26-028308 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 8 | Section 08, Jonathan F. Rouis | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 154,513. Filing ↗machine: t5 · r5 · c29 · span 389837–389844 |
| 9 | Section 08, Richard B. Rowley | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 128,813. Filing ↗machine: t5 · r6 · c29 · span 392953–392960 |
| 10 | Section 08, William D. Morrison | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 123,813. Filing ↗machine: t5 · r4 · c29 · span 386696–386703 |
| 11 | Section 08, Gregory F. Holcombe | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 113,313. Filing ↗machine: t5 · r1 · c29 · span 377325–377332 |
| 12 | Section 08, Marianna R. Kennedy | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 108,163. Filing ↗machine: t5 · r3 · c29 · span 383579–383586 |
| 13 | Section 08, Jonathan Schiller | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 103,013. Filing ↗machine: t5 · r7 · c29 · span 396093–396100 |
| 14 | Section 08, Kevin J. Keane | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 103,013. Filing ↗machine: t5 · r2 · c29 · span 380437–380444 |
| 15 | Section 08, Olga Luz Tirado | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 103,013. Filing ↗machine: t5 · r8 · c29 · span 399206–399213 |
| 16 | Section 08, Michael J. Gilfeather | DEF 14A | 2026-04-15 | 0001104659-26-043778 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 17 | Section 02, Richard B. Rowley 2026-05-01 | Form 4 | 2026-05-06 | 0001437749-26-015128 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Marianna R. Kennedy 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020877 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Gregory Sousa 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020865 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Olga Luz Tirado 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020885 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Michael J. Gilfeather 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020883 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Jonathan Schiller 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020867 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Olga Luz Tirado 2026-06-15 | Form 4 | 2026-07-06 | 0001437749-26-022722 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Gregory F. Holcombe 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020881 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Kevin J. Keane 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020879 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Richard B. Rowley 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020869 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Michael Lesler 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020875 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, William D. Morrison 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020873 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Jonathan F. Rouis 2026-06-15 | Form 4 | 2026-06-17 | 0001437749-26-020871 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Marianna R. Kennedy 2026-07-01 | Form 4 | 2026-07-06 | 0001437749-26-022835 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Jonathan Schiller 2026-07-01 | Form 4 | 2026-07-06 | 0001437749-26-022828 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Olga Luz Tirado 2026-07-01 | Form 4 | 2026-07-06 | 0001437749-26-022841 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Richard B. Rowley 2026-07-01 | Form 4 | 2026-07-06 | 0001437749-26-022830 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Kevin J. Keane 2026-07-01 | Form 4 | 2026-07-06 | 0001437749-26-022837 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Gregory F. Holcombe 2026-07-01 | Form 4 | 2026-07-06 | 0001437749-26-022839 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Jonathan F. Rouis 2026-07-01 | Form 4 | 2026-07-06 | 0001437749-26-022844 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Richard B. Rowley 2026-07-22 | Form 4 | 2026-07-23 | 0001437749-26-024249 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | 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) |
| 39 | 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 |
| 40 | Section 09b board cost (computed) | Computed | — | computed | Cash 731,566 + equity 206,088 + all other 0 = 937,654, summed across the director compensation table rows.machine: formula: Σ = 937,654 |
| 41 | Orange County Bancorp, Inc. (subject), Section 10b CEO total | DEF 14A | 2026-04-15 | 0001104659-26-043778 | CEO total compensation as printed in Orange County Bancorp, Inc.'s own proxy. As printed: 2,092,482. Filing ↗machine: r1 · c47 · span 243871–243880 |