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 PROV 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 PROV 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 |
|---|---|---|---|---|---|---|---|---|
| Donavon Ternes | $511,458 | $0 | $0 | $0 | $0 | $178,424 | $42,655 | $732,537 |
| President and Chief Executive Officer | ||||||||
| David Weiant | 297,200 | 0 | 0 | 0 | 0 | 0 | 35,018 | 332,218 |
| Senior Vice President – Chief Lending Officer | ||||||||
| Gwendolyn Wertz | 251,650 | 0 | 0 | 0 | 0 | 0 | 31,023 | 282,673 |
| Senior Vice President – Retail Banking | ||||||||
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 |
|---|---|---|---|---|
| Donavon Ternes | $732,537 | — | — | — |
| David Weiant | 332,218 | — | — | — |
| Gwendolyn Wertz | 282,673 | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|
| Gwendolyn Wertz | Senior Vice President | 2025-11-12 | D | 4,800 | $16 | $75,072 | Common | Form 4 ↗ |
| David Weiant | Senior Vice President | 2026-06-01 | D | 3,000 | 17 | 50,760 | Common | Form 4 ↗ |
| David Weiant | Senior Vice President | 2026-06-04 | D | 1,000 | 17 | 17,100 | Common | Form 4 ↗ |
| David Weiant | Senior Vice President | 2026-06-08 | D | 1,012 | 17 | 17,204 | Common | Form 4 ↗ |
| David Weiant | Senior Vice President | 2026-06-10 | D | 2,732 | 17 | 46,772 | Common | Form 4 ↗ |
| Van Stockum Michael Scott | Senior Vice President | 2026-07-23 | A | 6,000 | 0 | 0 | Common | Form 4 ↗ |
| Matthew E. Webb | Director | 2026-07-30 | D | 7,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Matthew E. Webb | Director | 2026-07-30 | A | 7,000 | 12 | 84,630 | 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 | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Gwendolyn Wertz | RSU | 10,675 | — | $165,463 |
| Donavon Ternes | RSU | 21,750 | — | 337,125 |
| David Weiant | RSU | 10,675 | — | 165,463 |
The Personnel/Compensation Committee strives to develop compensation policies and practices that discourage excessive risk-taking, that focus our executives and employees on creating long-term sustainable value for our shareholders, and that provide appropriate levels of realized compensation over time. The Personnel/Compensation Committee believes that our compensation policies and practices should provide a blend of cash and equity, and short-term and longer-term incentives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-11-20 | 2,796,098 | 2,055,034 | 448,632 | 57.64% | Passed |
| 2024 | 2024-11-21 | 2,497,572 | 2,542,786 | 13,379 | 49.55% | Failed |
| 2023 | 2023-11-28 | 2,601,924 | 2,517,310 | 253,876 | 50.83% | Passed |
| 2022 | 2022-11-29 | 2,979,855 | 2,638,831 | 10,070 | 53.03% | Passed |
| 2021 | 2021-11-30 | 3,300,668 | 2,149,398 | 8,983 | 60.56% | Passed |
| 2020 | 2020-11-24 | 3,413,929 | 2,586,012 | 73,650 | 56.9% | 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 |
|---|---|---|
| 2025 | 2025-11-20 | 57.64%a |
| 2024 | 2024-11-21 | 49.55%b |
| 2023 | 2023-11-28 | 50.83%c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes do not constitute votes cast and therefore will have no effect on the approval of the proposal.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes do not constitute votes cast and therefore will have no effect on the approval of the proposal.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes do not constitute votes cast and therefore will have no effect on the approval of the proposal.”.
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 |
|---|---|---|---|---|---|---|
| Craig G. BlundenNot independent · Board Chair · Long Range Planning (Chair) | $46,866 | $0 | $0 | $0 | $2,542,732 | $2,589,598 |
| Judy A. CarpenterIndependent · Audit · Long Range Planning (Chair) · Nominating and Corporate Governance | 40,000 | 0 | 0 | 0 | — | 40,000 |
| William E. ThomasIndependent · Audit · Nominating and Corporate Governance (Chair) · Personnel/Compensation (Chair) | 39,900 | 0 | 0 | 0 | — | 39,900 |
| Debbi H. GuthrieIndependent · Nominating and Corporate Governance · Personnel/Compensation | 39,700 | 0 | 0 | 0 | — | 39,700 |
| Kathy M. MichalakIndependent · Audit · Nominating and Corporate Governance | 39,600 | 0 | 0 | 0 | — | 39,600 |
| Brian N. HawleyIndependent · Nominating and Corporate Governance · Personnel/Compensation | 39,600 | 0 | 0 | 0 | — | 39,600 |
| Matthew E. WebbIndependent · Audit · Nominating and Corporate Governance | 39,600 | 0 | 0 | 0 | — | 39,600 |
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $1,000 |
| Committee chair fees (audit / comp / nom-gov) | 4,111 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $285,266 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $2,542,732 |
| Total cost of the board | $2,827,998 |
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 | Provident Financial Holdings | 2025 | Donavon Ternes | $511,458 | $0 | $0 | $0 | $732,537 |
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, Donavon Ternes | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Summary Compensation Table”. As printed: 732,537. Filing ↗machine: r1 · c30 · span 239926–239933 |
| 2 | Section 01, David Weiant | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Summary Compensation Table”. As printed: 332,218. Filing ↗machine: r4 · c30 · span 247033–247040 |
| 3 | Section 01, Gwendolyn Wertz | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Summary Compensation Table”. As printed: 282,673. Filing ↗machine: r7 · c30 · span 254133–254140 |
| 4 | Section 07, pay ratio | 10-K | 2026-09-02 | 0001010470-26-000010 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 5 | Section 08, Craig G. Blunden | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Director Compensation”. As printed: 2,589,598. Filing ↗machine: t49 · r1 · c19 · span 174754–174763 |
| 6 | Section 08, Judy A. Carpenter | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Director Compensation”. As printed: 40,000. Filing ↗machine: t49 · r2 · c3 · span 175250–175256 |
| 7 | Section 08, William E. Thomas | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Director Compensation”. As printed: 39,900. Filing ↗machine: t49 · r6 · c3 · span 182205–182211 |
| 8 | Section 08, Debbi H. Guthrie | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Director Compensation”. As printed: 39,700. Filing ↗machine: t49 · r3 · c3 · span 176994–177000 |
| 9 | Section 08, Kathy M. Michalak | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Director Compensation”. As printed: 39,600. Filing ↗ |
| 10 | Section 08, Brian N. Hawley | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Director Compensation”. As printed: 39,600. Filing ↗machine: t49 · r4 · c3 · span 178726–178732 |
| 11 | Section 08, Matthew E. Webb | DEF 14A | 2025-10-20 | 0001104659-25-100689 | Section “Director Compensation”. As printed: 39,600. Filing ↗ |
| 12 | Section 02, Gwendolyn Wertz 2025-11-12 | Form 4 | 2025-11-13 | 0000939057-25-000302 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 13 | Section 02, David Weiant 2026-06-01 | Form 4 | 2026-06-02 | 0000939057-26-000124 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 14 | Section 02, David Weiant 2026-06-04 | Form 4 | 2026-06-05 | 0000939057-26-000125 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, David Weiant 2026-06-08 | Form 4 | 2026-06-09 | 0000939057-26-000126 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, David Weiant 2026-06-10 | Form 4 | 2026-06-10 | 0000939057-26-000127 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Van Stockum Michael Scott 2026-07-23 | Form 4 | 2026-07-27 | 0000939057-26-000141 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Matthew E. Webb 2026-07-30 | Form 4 | 2026-07-31 | 0000939057-26-000148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Matthew E. Webb 2026-07-30 | Form 4 | 2026-07-31 | 0000939057-26-000148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 06, 2025 vote | Form 8-K | 2025-11-21 | 0000939057-25-000310 | Item 5.07 · say-on-pay result. As reported: 57.64% (votes for as printed: 2,796,098). Filing ↗ |
| 21 | Section 06, 2024 vote | Form 8-K | 2024-11-22 | 0000939057-24-000327 | Item 5.07 · say-on-pay result. As reported: 49.55% (votes for as printed: 2,497,572). Filing ↗ |
| 22 | Section 06, 2023 vote | Form 8-K | 2023-11-29 | 0000939057-23-000348 | Item 5.07 · say-on-pay result. As reported: 50.83% (votes for as printed: 2,601,924). Filing ↗ |
| 23 | Section 09b board cost (computed) | Computed | — | computed | Cash 285,266 + equity 0 + all other 2,542,732 = 2,827,998, summed across the director compensation table rows.machine: formula: Σ = 2,827,998 |
| 24 | Provident Financial Holdings (subject), Section 10b CEO total | DEF 14A | 2025-10-20 | 0001104659-25-100689 | CEO total compensation as printed in Provident Financial Holdings's own proxy. As printed: 732,537. Filing ↗machine: r1 · c30 · span 239926–239933 |