Michael Frederick compensation by year
FIRST CAPITAL Summary Compensation Table · all 9 fiscal years held| Component | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $131,736 | $136,017 | $141,254 | $153,035 | $169,191 | $203,449 | $262,518 | $282,666 | $293,810 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — |
| Stock awards | $56,130 | $39,068 | $75,858 | $0 | $0 | $0 | $8,400 | $11,370 | $15,240 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — |
| Non-equity incentive | $27,763 | $23,566 | $29,832 | $31,754 | $26,660 | $24,819 | $27,063 | $30,733 | $42,344 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — |
| All other | $24,035 | $24,341 | $25,022 | $25,989 | $25,647 | $23,535 | $32,336 | $38,979 | $42,027 |
| Total | $239,664 | $222,992 | $271,966 | $210,778 | $221,498 | $251,803 | $330,317 | $363,748 | $393,421 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FIRST CAPITAL INC DEF 14A filed April 8, 2026, accession 0001104659-26-040934, and prior-year filings. Open the filing on EDGAR.
How this page was built: the FIRST CAPITAL INC filed document, accession 0001104659-26-040934. Every figure is read from that document and cited to the page and table it appears in. Filed April 8, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 540 | $31,968 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in FIRST CAPITAL INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
FIRST CAPITAL’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Michael Frederick · this page | President, Chief Executive Officer | $393,421 |
| Joshua Stevens | Chief Financial Officer | $294,162 |
| Joseph Mahuron | Chief Credit Officer | $237,125 |
Board service
FIRST CAPITAL board · FY2021–FY2025How this board is paid
Company policy: FIRST CAPITAL pays directors a $21,180 cash retainer and $2,843 in Restricted Stock. As stated in FIRST CAPITAL's FY2025 proxy.
Committees
Executive Committee
The full FIRST CAPITAL compensation record
free company briefThis page is one person within FIRST CAPITAL'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 FIRST CAPITAL'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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