Companies Primis Financial Corp.
Primis Financial (SONA): executive pay, fiscal 2025
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CEO pay, last three years
- $2,185,079FY2025
CEO total pay was $2,185,079 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $748,590 · bonus $0 · stock awards $912,600 · option awards $0
Frequently asked questions
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.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Dennis Zember | $748,590 | $0 | $912,600 | $0 | $435,578 | $0 | $88,311 | $2,185,079 |
| President and Chief Executive Officer | ||||||||
| Matthew Switzer | 373,231 | 0 | 202,800 | 0 | 112,329 | 0 | 29,265 | 717,625 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Rickey Fulk | 336,813 | 0 | 236,600 | 0 | 117,588 | 0 | 26,294 | 717,295 |
| Executive Vice President and President of Primis Bank | ||||||||
| Marie Leibson | 326,458 | 0 | 202,800 | 0 | 98,252 | 0 | 20,696 | 648,206 |
| Executive Vice President and Chief Credit Officer | ||||||||
| Ann-Stanton Gore | 285,166 | 0 | 202,800 | 0 | 109,620 | 0 | 13,290 | 610,877 |
| Executive Vice President and Chief Marketing 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Dennis Zember | $2,185,079 | — | — | — |
| Matthew Switzer | 717,625 | — | — | — |
| Rickey Fulk | 717,295 | — | — | — |
| Marie Leibson | 648,206 | — | — | — |
| Ann-Stanton Gore | 610,877 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Marie Leibson | PSU | 300 | — | $4,173 |
| Matthew Switzer | PSU | 650 | — | 9,042 |
| Marie Leibson | PSU | 1,000 | — | 13,910 |
| Marie Leibson | PSU | 1,500 | — | 20,865 |
| Matthew Switzer | PSU | 1,600 | — | 22,256 |
| Matthew Switzer | PSU | 3,250 | — | 45,208 |
| Matthew Switzer | PSU | 4,500 | — | 62,595 |
| Marie Leibson | PSU | 4,500 | — | 62,595 |
| Marie Leibson | PSU | 5,000 | — | 69,550 |
| Rickey Fulk | PSU | 5,250 | — | 73,028 |
| Marie Leibson | PSU | 7,000 | — | 97,370 |
| Matthew Switzer | PSU | 9,000 | — | 125,190 |
| Matthew Switzer | PSU | 10,000 | — | 139,100 |
| Rickey Fulk | PSU | 10,000 | — | 139,100 |
| Marie Leibson | PSU | 10,000 | — | 139,100 |
| Matthew Switzer | PSU | 10,500 | — | 146,055 |
| Marie Leibson | PSU | 10,500 | — | 146,055 |
| Rickey Fulk | PSU | 12,250 | — | 170,398 |
| Dennis Zember | PSU | 20,250 | — | 281,678 |
| Dennis Zember | PSU | 42,105 | — | 585,681 |
| Dennis Zember | PSU | 45,000 | — | 625,950 |
| Dennis Zember | PSU | 47,250 | — | 657,248 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $30,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $1,000 |
| Committee chair fees (audit / comp / nom-gov) | 2,500 / 2,500 / 2,500 |
| Stock ownership guideline | $100 |
Peer group, and who names Primis Financial as a peer
Companies that benchmark against SONA
No companies currently name SONA as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Primis Financial Corp. | 2025 | Dennis Zember | $748,590 | $912,600 | $0 | $435,578 | $2,185,079 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 36 : 1 |
|---|---|
| CEO total compensation | $2,185,079 |
| Median employee compensation | $61,272 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (7 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Dennis Zember. DEF 14A, filed 2026-04-10. Section “Executive Compensation”. As printed: 2,185,079. View filing ↗
- Section 01, Matthew Switzer. DEF 14A, filed 2026-04-10. Section “Executive Compensation”. As printed: 717,625. View filing ↗
- Section 01, Rickey Fulk. DEF 14A, filed 2026-04-10. Section “Executive Compensation”. As printed: 717,295. View filing ↗
- Section 01, Marie Leibson. DEF 14A, filed 2026-04-10. Section “Executive Compensation”. As printed: 648,206. View filing ↗
- Section 01, Ann-Stanton Gore. DEF 14A, filed 2026-04-10. Section “Executive Compensation”. As printed: 610,877. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-10. Section “CEO Pay Ratio”. As printed: 36 : 1. View filing ↗
- Primis Financial Corp. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Primis Financial Corp.'s own proxy. As printed: 2,185,079. View filing ↗