Chief Executive Officer · First Community Bankshares Inc (FCBC)

William Stafford

A named executive officer of First Community Bankshares in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,122,497

FY2024: $855,786

2nd of 5 named executive officers at First Community Bankshares by FY2025 total.

5 named officers on file for First Community Bankshares, FY2025

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What this number hides

The filing gives the total. First Community Bankshares’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 11, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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William Stafford compensation by year

First Community Bankshares Summary Compensation Table · all 10 fiscal years held
In US dollars, as First Community Bankshares reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$360,000$400,001$420,000$420,000$420,000$427,769$457,784$476,871$486,976$499,612
Bonus$63,002$81,000$120,000$165,375$196,875$47,832$261,646$0$0$0
Stock awards$63,020$81,020$100,039$139,167$149,657$15,953$135,011$146,026$146,021$146,038
Option awards$0$0$0$0$0$92,096$0$0$0$0
Non-equity incentive$0$0$0$0$0$0$0$184,439$150,672$316,020
Pension and deferred compensation$58,052$51,407$49,465$45,793$40,218$43,270$46,618$301,283$0$76,203
All other$40,493$54,374$51,894$56,601$60,731$64,076$69,430$91,410$72,117$84,624
Total$584,567$667,802$741,398$826,936$867,481$690,996$970,489$1,200,029$855,786$1,122,497

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Community Bankshares Inc DEF 14A filed March 11, 2026, accession 0001437749-26-007698, and prior-year filings. Open the filing on EDGAR.

How this page was built: the First Community Bankshares Inc filed document, accession 0001437749-26-007698. Every figure is read from that document and cited to the page and table it appears in. Filed March 11, 2026.

$585K
$668K
$741K
$827K
$867K
$691K
$970K
$1.2M
$856K
$1.1M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU5,546$187,067—
RSU4,827$182,026—
PSU4,296$144,904—
PSU2,681$90,430—
RSU1,150$38,790—

Per the Outstanding Equity Awards at Fiscal Year-End table in First Community Bankshares Inc's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

4 Form 4 lines since the FY2025 proxy (filed March 11, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-05-27Grant or award derivative—3,690$0.003,690
2026-05-26Exercise or conversion—5,546—213,011
2026-05-26Tax withholding—1,850$42.38211,161
2026-05-26Exercise or conversion derivative—5,546$0.000

The 4 most recent of 4 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 →

First Community Bankshares’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Gary MillsPresident$1,438,402
William Stafford · this pageChief Executive Officer$1,122,497
David BrownChief Financial Officer$733,971
Jason BelcherChief Operating Officer$710,825
Sarah HarmonChief Administrative Officer, General Counsel, and Corporate Secretary$703,462

Board service

First Community Bankshares board · FY2021–FY2025
Director compensation in US dollars, as First Community Bankshares reports it. Most recent year first; a dash means the company reported no figure in that column.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025—————
FY2024$0$0$0$0—
FY2022—————
FY2021——$15,953—$15,953

Each year as the company reported it in First Community Bankshares's director compensation table. Totals are the company's own disclosed totals.

How this board is paid

Company policy: First Community Bankshares pays directors a $34,988 cash retainer and $34,988 in RSUs. As stated in First Community Bankshares's FY2025 proxy.

Committees

Executive (Chair) · Loan Committee (Chair) · Asset/Liability Management Committee · Information Systems Steering Committee · Trust Committee

The full First Community Bankshares compensation record

free company brief

This page is one person within First Community Bankshares's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the First Community Bankshares proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order First Community Bankshares's full Executive Compensation Report with peer benchmarking.

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 Community Bankshares'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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William Stafford's compensation dossier