Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-15

Ohio Valley Banc (OVBC)

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.

$702,007
Larry Miller II total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
93.34%
Say-on-pay support, latest vote
Companies that benchmark against OVBC
3 companies name OVBC as a compensation peer

Each company listed discloses OVBC 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 OVBC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Larry Miller II$392,169$100,444$0$0$0$171,652$37,742$702,007
President and Chief Executive Officer
Thomas Wiseman285,041000085,324248,307618,672
Chairman of the Board
Scott Shockey232,80248,180000125,79527,009433,786
Senior Vice President and Chief Financial 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Larry Miller II$702,007
Thomas Wiseman618,672
Scott Shockey433,786

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Anna P. BarnitzDirector2026-05-12A32.72$46$1,500CommonForm 4 ↗
Anna P. BarnitzDirector2026-05-12A0.214610CommonForm 4 ↗
Seth I. MichaelDirector2026-05-12A65.45463,000CommonForm 4 ↗
Anna P. BarnitzDirector2026-05-12A0.214610CommonForm 4 ↗
Seth I. MichaelDirector2026-05-12A3.7646172CommonForm 4 ↗
Anna P. BarnitzDirector2026-05-12A48.59462,227CommonForm 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.

05

Incentive-plan design — the Compensation Discussion & Analysis

The objectives of the compensation programs of the Company and its subsidiaries are as follows: compensation of the Company's executive officers and non-executive officers should be directly linked to corporate operating performance; executive officers and non-executive officers should receive fair and equitable compensation for their respective levels of responsibility and supervisory authority compared to their peers within the Company as well as their peers within the broader financial services industry; and compensation of the Company's executive officers and non-executive officers should not incent excessive risk taking nor be reasonably likely to have a material adverse effect on the Company.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingFalse
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-132,685,243183,9617,75293.34%Passed
20252025-05-143,129,303213,05541,84693.63%Passed
20242024-05-153,048,706209,51956,95893.57%Passed
20232023-05-172,247,804520,31538,41481.2%Passed
20222022-05-182,311,383375,86561,51186.01%Passed
20212021-05-192,645,94887,77145,81496.79%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.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1393.34%a
20252025-05-1493.63%b
20242024-05-1593.57%c

a. Approved under the standard stated in the filing — “Abstentions will be counted as present and entitled to vote for purposes of this proposal and therefore will have the same effect as a vote against the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have no effect on the outcome of the vote.”.

c. 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.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brent A. SaundersIndependent · Executive · Compensation · Asset Quality Oversight · Nominating and Corporate Governance (Chair)$71,695$0$23,217$112,952
David W. ThomasIndependent · Lead Independent Director · Audit (Vice Chair) · Executive · Board Enterprise Risk (Chair) · Not standing for re-election89,6950261110,651
Brent R. EastmanIndependent · Audit · Compensation (Chair) · Executive71,695033484,307
Anna P. BarnitzIndependent · Audit (Chair) · Executive · Compensation · Board Enterprise Risk · Asset Quality Oversight (Chair)71,695033482,488
K. Ryan SmithIndependent · Executive · Compensation · Nominating and Corporate Governance · Asset Quality Oversight · Investment and Advisory Committee for the ESOP71,695033478,432
Kimberly A. CanadyIndependent · Compensation · Investment and Advisory Committee for the Profit Sharing Retirement Plan31,00009351,100
Edward J. RobbinsIndependent · Nominating and Corporate Governance31,000014443,887
Seth I. MichaelIndependent · Audit · Board Enterprise Risk · Nominating and Corporate Governance · Newly elected31,000033443,612
Edward B. RobertsIndependent · Audit · Board Enterprise Risk · Compensation31,000014435,916
Larry E. Miller IIEmployee director · Executive (Chair)00000
Thomas E. WisemanEmployee director · Board Chair · Executive00000
09

Board fee structure and ownership guideline

Annual cash retainer$22,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$500,475
Equity awards (grant-date value)$0
All other compensation$25,195
Total cost of the board$525,670

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Ohio Valley Banc2025Larry Miller II$392,169$0$0$0$702,007

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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Larry Miller IIDEF 14A2026-04-020001140361-26-013025Section “Summary Compensation Table for 2025”. As printed: 702,007. Filing ↗machine: t50 · r3 · c18 · span 229272–229279
2Section 01, Thomas WisemanDEF 14A2026-04-020001140361-26-013025Section “Summary Compensation Table for 2025”. As printed: 618,672. Filing ↗machine: t50 · r2 · c18 · span 225064–225071
3Section 01, Scott ShockeyDEF 14A2026-04-020001140361-26-013025Section “Summary Compensation Table for 2025”. As printed: 433,786. Filing ↗machine: t50 · r4 · c18 · span 234784–234791
4Section 07, pay ratio10-K2026-03-130001140361-26-009342Section “CEO Pay Ratio”. As printed: —. Filing ↗
5Section 08, Brent A. SaundersDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 112,952. Filing ↗machine: t71 · r8 · c15 · span 330968–330975
6Section 08, David W. ThomasDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 110,651. Filing ↗machine: t71 · r10 · c15 · span 337200–337207
7Section 08, Brent R. EastmanDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 84,307. Filing ↗machine: t71 · r4 · c15 · span 318411–318417
8Section 08, Anna P. BarnitzDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 82,488. Filing ↗machine: t71 · r2 · c15 · span 312174–312180
9Section 08, K. Ryan SmithDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 78,432. Filing ↗machine: t71 · r9 · c15 · span 333798–333804
10Section 08, Kimberly A. CanadyDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 51,100. Filing ↗machine: t71 · r3 · c15 · span 315008–315014
11Section 08, Edward J. RobbinsDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 43,887. Filing ↗machine: t71 · r6 · c15 · span 324647–324653
12Section 08, Seth I. MichaelDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 43,612. Filing ↗machine: t71 · r5 · c15 · span 321243–321249
13Section 08, Edward B. RobertsDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 35,916. Filing ↗machine: t71 · r7 · c15 · span 327480–327486
14Section 08, Larry E. Miller IIDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Thomas E. WisemanDEF 14A2026-04-020001140361-26-013025Section “Director Compensation”. As printed: 0. Filing ↗
16Section 02, Anna P. Barnitz 2026-05-12Form 42026-05-120000894671-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Anna P. Barnitz 2026-05-12Form 42026-05-120000894671-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Seth I. Michael 2026-05-12Form 42026-05-120000894671-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Anna P. Barnitz 2026-05-12Form 42026-05-120000894671-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Seth I. Michael 2026-05-12Form 42026-05-120000894671-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Anna P. Barnitz 2026-05-12Form 42026-05-120000894671-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
22Section 06, 2026 voteForm 8-K2026-05-150000894671-26-000036Item 5.07 · say-on-pay result. As reported: 93.34% (votes for as printed: 2,685,243). Filing ↗
23Section 06, 2025 voteForm 8-K2025-05-190000894671-25-000028Item 5.07 · say-on-pay result. As reported: 93.63% (votes for as printed: 3,129,303). Filing ↗
24Section 06, 2024 voteForm 8-K2024-05-160000894671-24-000016Item 5.07 · say-on-pay result. As reported: 93.57% (votes for as printed: 3,048,706). Filing ↗
25Section 09b board cost (computed)ComputedcomputedCash 500,475 + equity 0 + all other 25,195 = 525,670, summed across the director compensation table rows.machine: formula: Σ = 525,670
26Ohio Valley Banc (subject), Section 10b CEO totalDEF 14A2026-04-020001140361-26-013025CEO total compensation as printed in Ohio Valley Banc's own proxy. As printed: 702,007. Filing ↗machine: t50 · r3 · c18 · span 229272–229279