Robert McCormick compensation by year
TrustCo Bancorp, N.Y. Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $880,000 | $880,000 | $975,000 | $975,000 | $975,000 | $975,000 | $975,000 | $1,057,212 | $975,000 | $1,014,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $382,375 | $460,000 | $499,999 | $725,008 | $725,004 | $875,026 | $725,004 | $999,995 | $950,021 | $975,022 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $132,000 | $297,000 | $329,063 | $658,125 | $628,875 | $555,750 | $945,625 | $190,298 | $219,375 | $912,600 |
| Pension and deferred compensation | $17,010 | $41,872 | $0 | $75,599 | $79,994 | $0 | $0 | $30,234 | $0 | $25,858 |
| All other | $486,978 | $503,249 | $673,193 | $602,449 | $748,189 | $778,554 | $708,948 | $783,196 | $709,256 | $719,371 |
| Total | $1,898,363 | $2,182,121 | $2,477,255 | $3,036,181 | $3,157,062 | $3,184,330 | $3,354,577 | $3,060,935 | $2,853,652 | $3,646,851 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: TrustCo Bancorp, N.Y. DEF 14A filed April 1, 2026, accession 0001140361-26-012717, and prior-year filings. Open the filing on EDGAR.
How this page was built: the TrustCo Bancorp, N.Y. filed document, accession 0001140361-26-012717. Every figure is read from that document and cited to the page and table it appears in. Filed April 1, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 719,371 | $3,646,851 | — |
| RSU | 783,196 | $3,060,935 | — |
| RSU | 219,375 | $709,256 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in TrustCo Bancorp, N.Y.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
TrustCo Bancorp, N.Y.’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Robert McCormick · this page | Chairman, President and Chief Executive Officer | $3,646,851 |
| Robert Leonard | Executive Vice President and Chief Operating Officer | $1,847,127 |
| Michael Ozimek | Executive Vice President and Chief Financial Officer | $1,603,010 |
| Kevin Curley | Executive Vice President and Chief Banking Officer | $1,569,968 |
| Michael Hall | General Counsel and Corporate Secretary | $751,966 |
Board service
TrustCo Bancorp, N.Y. board · FY2021–FY2025How this board is paid
Company policy: TrustCo Bancorp, N.Y. pays directors a $132,000 cash retainer and $20,023 in RSUs. As stated in TrustCo Bancorp, N.Y.'s FY2025 proxy.
Committees
Fiduciary Committee (Chair) · Risk Committee
The full TrustCo Bancorp, N.Y. compensation record
free company briefThis page is one person within TrustCo Bancorp, N.Y.'s record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the TrustCo Bancorp, N.Y. proxy · each links to its own free briefCompensation, 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 TrustCo Bancorp, N.Y.'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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