Senior Executive Vice President & Chief Financial Officer · MidWestOne Financial Group, Inc. (MOFG)

Barry Ray

A named executive officer of MidWestOne Financial in every fiscal year CompBrief holds from FY2022 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2024

$817,449

FY2023: $627,548

Compensation figures as of the proxy filed March 11, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Barry Ray compensation by year

MidWestOne Financial Summary Compensation Table · all 3 fiscal years held
In US dollars, as MidWestOne Financial reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024
Salary$329,000$345,450$357,540
Bonus$0$0$0
Stock awards$140,000$180,000$225,020
Option awards$0$0$0
Non-equity incentive$151,445$82,908$204,413
Pension and deferred compensation$0$0$0
All other$28,667$19,190$30,476
Total$649,112$627,548$817,449

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: MidWestOne Financial Group, Inc. DEF 14A filed March 11, 2025, accession 0001412665-25-000046, and prior-year filings. Open the filing on EDGAR.

$649K
$628K
$817K
FY22
FY23
FY24
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU6,184$180,078—
PSU4,645$135,262—
RSU1,865$54,309—

Per the Outstanding Equity Awards at Fiscal Year-End table in MidWestOne Financial Group, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

4 Form 4 lines since the FY2024 proxy (filed March 11, 2025)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-02-13Tax withholding—8,800$49.3134,250.86
2026-02-13Disposition to the issuer—1,875.93—0
2026-02-13Disposition to the issuer—34,250.86—0
2026-01-15Grant or award—2,663$0.0025,925.44

The 4 most recent of 4 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

MidWestOne Financial’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Charles ReevesChief Executive Officer$1,611,393
Len DevaisherPresident & Chief Operating Officer$964,192
Barry Ray · this pageSenior Executive Vice President & Chief Financial Officer$817,449
Gary SimsExecutive Vice President & Chief Credit Officer$591,419
Paul Ho-Sing-LoyExecutive Vice President & Chief Information Officer$323,994

The full MidWestOne Financial compensation record

free company brief

This page is one person within MidWestOne Financial's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are MidWestOne Financial's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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