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CompBrief
Fiscal year 2023

Richard Grafmyre — FY2023 total compensation $1,588,719

Richard Grafmyre is Chief Executive Officer of Penns Woods Bancorp Inc (PWOD). The company reported total compensation of $1,588,719 for fiscal year 2023.

01

Fiscal year 2023 compensation

Salary$1,003,802
Bonus$260,000
Stock awards$0
Option awards$0
Non-equity incentive plan$312,500
Pension and non-qualified deferred compensation$0
All other compensation$12,417
Total$1,588,719

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Penns Woods Bancorp Inc filed March 26, 2024, accession 0000716605-24-000004.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2023Chief Executive Officer$1,003,802$260,000$0$0$312,500$0$12,417$1,588,719
FY2022Chief Executive Officer$1,003,802$0$0$141,244$182,500$0$75,233$1,402,779
FY2021Chief Executive Officer$1,003,804$0$0$191,014$182,500$0$27,183$1,404,501

Totals as disclosed in each year's own compensation disclosure for Penns Woods Bancorp Inc.

03

Peer context

Peer-group chief executive median$1,225,587
Difference from that median$363,132
Percentile within the disclosed peer group81st
Peers with a disclosed figure21

Medians and percentiles are computed across the peer group Penns Woods Bancorp Inc discloses in its own compensation disclosure.

04

The other named executive officers of Penns Woods Bancorp Inc

Named executive officerRoleFY2023 total
Richard Grafmyre this pageChief Executive Officer$1,588,719
Brian KneppPresident and Chief Financial Officer$531,445
Aron CarterSenior Vice President - Chief Risk Officer$254,488
Michelle KarasSenior Vice President, Secretary and Chief Data Officer$223,654

The company's named executive officers for fiscal year 2023, and what it reported for each. See the full Penns Woods Bancorp Inc compensation brief.

05

The company page

Richard Grafmyre's compensation sits inside Penns Woods Bancorp Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Penns Woods Bancorp Inc (PWOD) compensation brief