Michelle Karas compensation by year
Penns Woods Bancorp Summary Compensation Table · all 3 fiscal years held| Component | FY2021 | FY2022 | FY2023 |
|---|---|---|---|
| Salary | $149,134 | $158,935 | $165,979 |
| Bonus | $0 | $12,500 | $0 |
| Stock awards | $0 | $0 | $0 |
| Option awards | $35,373 | $32,101 | $24,400 |
| Non-equity incentive | $22,000 | $22,000 | $25,000 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $12,905 | $59,344 | $8,275 |
| Total | $219,412 | $284,880 | $223,654 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Penns Woods Bancorp Inc DEF 14A filed March 26, 2024, accession 0000716605-24-000004, and prior-year filings.
How this page was built: the Penns Woods Bancorp Inc filed document, accession 0000716605-24-000004. Every figure is read from that document and cited to the page and table it appears in. Filed March 26, 2024.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| Option | 7,500 | — | $24.10 |
| Option | 7,500 | — | $24.23 |
| Option | 3,000 | — | $28.01 |
| Option | 5,000 | — | $25.34 |
| Option | 4,000 | — | $27.77 |
Per the Outstanding Equity Awards at Fiscal Year-End table in Penns Woods Bancorp Inc's FY2023 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
19 Form 4 lines since the FY2023 proxy (filed March 26, 2024)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2025-07-25 | Disposition to the issuer derivative | — | 3,300 | — | 0 |
| 2025-07-25 | Disposition to the issuer derivative | — | 1,700 | — | 0 |
| 2025-07-25 | Disposition to the issuer | — | 6,715 | — | 0 |
| 2025-07-25 | Disposition to the issuer derivative | — | 1,700 | — | 0 |
| 2025-07-25 | Disposition to the issuer derivative | — | 2,500 | — | 0 |
| 2025-07-25 | Disposition to the issuer derivative | — | 2,500 | — | 0 |
| 2025-07-25 | Disposition to the issuer derivative | — | 3,300 | — | 0 |
| 2025-05-13 | Exercise or conversion derivative | — | 5,000 | $0.00 | 2,500 |
The 8 most recent of 19 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 →
Penns Woods Bancorp’s named executive officers, FY2023
as the company reported each| Named executive officer | Role | FY2023 total |
|---|---|---|
| Richard Grafmyre | Chief Executive Officer | $1,588,719 |
| Brian Knepp | President & Chief Financial Officer | $531,445 |
| Aron Carter | Senior Vice President | $254,488 |
| Michelle Karas · this page | Senior Vice President | $223,654 |
The full Penns Woods Bancorp compensation record
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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 Penns Woods Bancorp'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.