CEO Donavon Ternes was paid $854,551 in fiscal year 2026, ↑ up 16.7% from fiscal year 2025 (SEC filing 0001104659-26-114953 ↗): 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.
$854,551 ↑ Donavon Ternes total, FY2026 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | 57.64% Say-on-pay support, latest vote |
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PROV's next annual pay disclosure, estimated October 9, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Donavon Ternes | $529,583 | $0 | $0 | $0 | $0 | $280,505 | $44,463 | $854,551 |
| President and Chief Executive Officer | ||||||||
| David Weiant | 303,580 | 0 | 0 | 0 | 0 | 0 | 34,360 | 337,940 |
| Senior Vice President – Chief Lending Officer | ||||||||
| Gwendolyn Wertz | 257,060 | 0 | 0 | 0 | 0 | 0 | 30,475 | 287,535 |
| 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 | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Donavon Ternes | $854,551 | $732,537 | $804,353 | ↑ +122,014 |
| David Weiant | 337,940 | 332,218 | 421,311 | ↑ +5,722 |
| Gwendolyn Wertz | 287,535 | 282,673 | — | ↑ +4,862 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2026 total |
|---|---|---|
| Donavon Ternes | CEO | $854,551 |
| David Weiant | Executive | $337,940 |
| Gwendolyn Wertz | SVP | $287,535 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2026 total |
|---|---|---|
| Brian N. Hawley | Independent Director | $41,600 |
| Craig G. Blunden | Chair of the Board | $59,275 |
| Debbi H. Guthrie | Independent Director | $41,800 |
| Judy A. Carpenter | Independent Director | $42,000 |
| Kathy M. Michalak | Independent Director | $41,600 |
| Matthew E. Webb | Independent Director | $41,600 |
| William E. Thomas | Independent Director | $34,333 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Gwendolyn Wertz | RSU | 6,175 | — | $106,210 |
| Donavon Ternes | RSU | 12,750 | — | 219,300 |
| David Weiant | RSU | 6,175 | — | 106,210 |
The principles underlying our compensation policies are: to attract and retain key executives who are highly qualified and are vital to the long-term success of Provident and its subsidiaries; to provide levels of compensation competitive with those offered throughout the banking industry; to align the interests of executives with shareholders by having a significant portion of total compensation based on meeting defined performance measures; to motivate executives to enhance long-term shareholder value by helping them build their own ownership in Provident; and to integrate the compensation program with the Bank’s long-term strategic planning and management process.
| CEO STI target (% of salary) | 50% |
|---|---|
| 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. BlundenIndependent · Long Range Planning Committee (Chair) | $49,333 | $0 | $0 | — | $9,942 | $59,275 |
| Judy A. CarpenterIndependent · Audit Committee (Chair) · Long Range Planning Committee · Nominating and Corporate Governance Committee · Personnel/ Compensation Committee | 42,000 | 0 | 0 | — | 0 | 42,000 |
| Debbi H. GuthrieIndependent · Long Range Planning Committee · Nominating and Corporate Governance Committee (Chair) · Personnel/ Compensation Committee (Chair) | 41,800 | 0 | 0 | — | 0 | 41,800 |
| Kathy M. MichalakIndependent · Audit Committee · Nominating and Corporate Governance Committee | 41,600 | 0 | 0 | — | 0 | 41,600 |
| Matthew E. WebbIndependent · Audit Committee · Nominating and Corporate Governance Committee | 41,600 | 0 | 0 | — | 0 | 41,600 |
| Brian N. HawleyIndependent · Nominating and Corporate Governance Committee · Personnel/ Compensation Committee | 41,600 | 0 | 0 | — | 0 | 41,600 |
| William E. ThomasIndependent | 34,333 | 0 | 0 | — | 0 | 34,333 |
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $1,000 |
| Committee chair fees (audit / comp / nom-gov) | 4,111 |
| Stock ownership guideline | We have adopted stock retention guidelines for our directors and senior officers. Each director or executive is required to retain 50% of the net shares... until the date that he or she satisfies our stock ownership guidelines |
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $292,266 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $9,942 |
| Total cost of the board | $302,208 |
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 | 2026 | Donavon Ternes | $529,583 | $0 | $0 | $0 | $854,551 |
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, Donavon Ternes | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Executive Compensation”. As printed: 854,551. Filing ↗machine: r1 · c23 · span 239730–239737 |
| 2 | Section 01, David Weiant | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Executive Compensation”. As printed: 337,940. Filing ↗machine: r3 · c23 · span 244442–244449 |
| 3 | Section 01, Gwendolyn Wertz | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Executive Compensation”. As printed: 287,535. Filing ↗machine: r5 · c23 · span 249155–249162 |
| 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 | 2026-10-09 | 0001104659-26-114953 | Section “Director Compensation”. As printed: 59,275. Filing ↗machine: span 175908–175914 |
| 6 | Section 08, Judy A. Carpenter | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Director Compensation”. As printed: 42,000. Filing ↗machine: span 176378–176384 |
| 7 | Section 08, Debbi H. Guthrie | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Director Compensation”. As printed: 41,800. Filing ↗machine: span 178122–178128 |
| 8 | Section 08, Kathy M. Michalak | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Director Compensation”. As printed: 41,600. Filing ↗machine: span 181576–181582 |
| 9 | Section 08, Matthew E. Webb | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Director Compensation”. As printed: 41,600. Filing ↗machine: span 185034–185040 |
| 10 | Section 08, Brian N. Hawley | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Director Compensation”. As printed: 41,600. Filing ↗machine: span 179831–179837 |
| 11 | Section 08, William E. Thomas | DEF 14A | 2026-10-09 | 0001104659-26-114953 | Section “Director Compensation”. As printed: 34,333. Filing ↗machine: span 183291–183297 |
| 12 | 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 ↗ |
| 13 | 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 ↗ |
| 14 | 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 ↗ |
| 15 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 16 | Section 09b board cost (computed) | Computed | — | — | Cash 292,266 + equity 0 + all other 9,942 = 302,208, summed across the director compensation table rows.machine: formula: Σ = 302,208 |
| 17 | Provident Financial Holdings (subject), Section 10b CEO total | DEF 14A | 2026-10-09 | 0001104659-26-114953 | CEO total compensation as printed in Provident Financial Holdings's own proxy. As printed: 854,551. Filing ↗machine: r1 · c23 · span 239730–239737 |
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