Robert Shuford Jr. compensation by year
OLD POINT FINANCIAL Summary Compensation Table · all 2 fiscal years held| Component | FY2022 | FY2023 |
|---|---|---|
| Salary | $397,109 | $425,500 |
| Bonus | $0 | $0 |
| Stock awards | $60,000 | $51,600 |
| Option awards | $0 | $0 |
| Non-equity incentive | $94,793 | $54,352 |
| Pension and deferred compensation | $0 | $0 |
| All other | $53,791 | $55,613 |
| Total | $605,693 | $587,065 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: OLD POINT FINANCIAL CORP DEF 14A filed April 17, 2024, accession 0001140361-24-020305, and prior-year filings. Open the filing on EDGAR.
How this page was built: the OLD POINT FINANCIAL CORP filed document, accession 0001140361-24-020305. Every figure is read from that document and cited to the page and table it appears in. Filed April 17, 2024.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 3,000 | $53,790 | — |
| PSU | 2,339 | $41,938 | — |
| PSU | 1,659 | $29,746 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in OLD POINT FINANCIAL CORP's FY2023 proxy; value at the fiscal year-end close, as the company printed it.
OLD POINT FINANCIAL’s named executive officers, FY2023
as the company reported each| Named executive officer | Role | FY2023 total |
|---|---|---|
| Robert Shuford Jr. · this page | Chairman of the Board, President & CEO | $587,065 |
| Joseph Witt | Chief Strategy Officer | $468,188 |
| Joseph CSO | Chief Credit Officer | $468,188 |
| Thomas Hotchkiss | Chief Credit Officer | $301,404 |
| Thomas Hotchiss | CCO | $301,404 |
Board service
OLD POINT FINANCIAL board · FY2023| Fiscal year | Cash fees | Stock awards | Option awards | Other | Total |
|---|---|---|---|---|---|
| FY2023 | $37,450 | $17,028 | $0 | $514 | $54,992 |
Each year as the company reported it in OLD POINT FINANCIAL's director compensation table. Totals are the company's own disclosed totals.
How this board is paid
Company policy: OLD POINT FINANCIAL pays directors a $12,000 cash retainer and $17,028 in RSUs. As stated in OLD POINT FINANCIAL's FY2023 proxy.
Committees
Executive
The full OLD POINT FINANCIAL compensation record
free company briefThis page is one person within OLD POINT FINANCIAL's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the OLD POINT FINANCIAL proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them.
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 OLD POINT 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.