Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-06

River Financial Corp (RVRF)

CEO James M. (Jimmy) Stubbs was paid $1,463,288 in fiscal year 2025, ↑ up 112.6% from fiscal year 2024 (SEC filing 0001193125-26-143184 ↗): 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.

$1,463,288 ↑
James M. (Jimmy) Stubbs total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

RVRF's next annual pay disclosure, estimated May 2, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
James M. (Jimmy) Stubbs$441,346$0$625,000$0$344,250$0$52,692$1,463,288
Director and Chief Executive Officer
Gerald R. (Ray) Smith, Jr.317,7690312,5000208,845053,371892,485
Director and President
Jason B. Davis233,0310156,2500117,810028,323535,414
Executive 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 FY2024→2025
James M. (Jimmy) Stubbs$1,463,288$688,336$521,240↑ +774,952
Gerald R. (Ray) Smith, Jr.892,485———
Jason B. Davis535,414349,788285,842↑ +185,626

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

You have just read River Financial Corp's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper RVRF reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

Get the River Financial Corp Peer Teardown Report

$1,463,288 James M. (Jimmy) Stubbs total, FY2025

$199

The free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.

Data as of April 6, 2026 · Source: 0001193125-26-143184 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

Reports for RVRF

Every report below is generated from the same filings as the free brief above, at the moment of purchase. What each one adds:

Executive Compensation ReportThe free page is the headline figures. The report is every award, peer and vote combined into one document you can hand to a committee.$1,500 →Reverse Peer AnalysisThe free page is the one line. The analysis reads every company that names this one in its own peer group.$299 →Peer Teardown ReportThe free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.$199 →
RVRFon Velarion Intel, free → The platform reading of this company, beside the same data as a subscription.

Order RVRF

Pick the report, add the email the receipt and the PDF go to, and pay by card on Stripe.

Receipt, invoice, and report delivery. Guest checkout, no account required, secure payment by Stripe.

How we handle your data → Privacy

Companies that benchmark against RVRF
2 companies name RVRF as a compensation peer

The list of companies that name RVRF as a peer is temporarily unavailable — recheck shortly.

Get the River Financial Corp Executive Compensation Report

$1,500

Buy the report - $1,500Both reports - $2,400
01b

Executives — the named officers

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.

ExecutiveRoleFY2025 total
Gerald R. (Ray) Smith, Jr.President$892,485
James M. (Jimmy) StubbsCEO$1,463,288
Jason B. DavisExecutive Officer$535,414
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Brian McLeodDirector—
Charles R. Moore, IIIDirector—
Jerry C. (Jake) Kyser, JrDirector—
John A. FreemanDirector—
Larry PuckettChair of the Board—
Vernon B. TaylorDirector—
W. Murray NeighborsDirector—
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantnot disclosed
Clawback policy—
Anti-hedging—
Anti-pledging—
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
Brian McLeod$0$0$0$0$0$0
Charles R. Moore, III000000
Jerry C. (Jake) Kyser, Jr000000
John A. Freeman000000
W. Murray Neighbors000000
Gerald R. (Ray) Smith, JrEmployee director000—00
Vernon B. Taylor000000
Larry PuckettNot independent · Board Chair000000
James M. (Jimmy) StubbsEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer—
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$0
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$0

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
1River Financial Corp2025James M. (Jimmy) Stubbs$441,346$625,000$0$344,250$1,463,288

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.

10d

Frequently asked questions

Who was the highest-paid executive at River Financial Corp in fiscal 2025?
As disclosed, James M. (Jimmy) Stubbs (Director and Chief Executive Officer) was the highest-paid executive at River Financial Corp in fiscal 2025, with total compensation of $1,463,288.
How much does River Financial Corp spend in total on board compensation for fiscal 2025?
As disclosed, River Financial Corp reported total board compensation of $0 for fiscal 2025.

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.

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, James M. (Jimmy) StubbsDEF 14A2026-04-060001193125-26-143184Section “Executive Compensation”. As printed: 1,463,288. Filing ↗
2Section 01, Gerald R. (Ray) Smith, Jr.DEF 14A2026-04-060001193125-26-143184Section “Executive Compensation”. As printed: 892,485. Filing ↗
3Section 01, Jason B. DavisDEF 14A2026-04-060001193125-26-143184Section “Executive Compensation”. As printed: 535,414. Filing ↗
4Section 07, pay ratio10-K2026-03-100001193125-26-099933Section “CEO Pay Ratio”. As printed: —. Filing ↗
5Section 08, Brian McLeodDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
6Section 08, Charles R. Moore, IIIDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
7Section 08, Jerry C. (Jake) Kyser, JrDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
8Section 08, John A. FreemanDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
9Section 08, W. Murray NeighborsDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
10Section 08, Gerald R. (Ray) Smith, JrDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
11Section 08, Vernon B. TaylorDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Larry PuckettDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, James M. (Jimmy) StubbsDEF 14A2026-04-060001193125-26-143184Section “Director Compensation”. As printed: 0. Filing ↗
14Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
15Section 09b board cost (computed)Computed——Cash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0
16River Financial Corp (subject), Section 10b CEO totalDEF 14A2026-04-060001193125-26-143184CEO total compensation as printed in River Financial Corp's own proxy. As printed: 1,463,288. Filing ↗

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.

Get the River Financial Corp Executive Compensation Report

$1,500

Buy the report - $1,500Both reports - $2,400
RVRF Peer Teardown Report