PATHWARD FINANCIAL, INC.
For the period ended Feb 25, 2025. Filed Jan 15, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Feb 25, 2025 · Filed Jan 15, 2025
CASH$76.26-0.5%Stored close · as of Nov 6, 2026
Contents
Compensation Elements
For fiscal year 2024, the principal direct compensation components for the NEOs were base salary, annual incentive awards and long-term incentive awards. The following table shows the objectives and key features of each compensation element.
| Pay Element | How Delivered | Objective | Key Features | |||
| ◀ FIXED ▶ | Short-Term | Base salary | uCash | uReward individual executive officers based on their qualifications, experience, and the value of the position to the organization | uTargets near market 50th percentile, with actual salaries above or below that level to reflect each individual’s performance, business impact, internal equity, and other factors | |
|---|---|---|---|---|---|---|
| ◀ AT RISK / VARIABLE ▶ | Annual incentive awards | uCash | uReward executive officers for Pathward Financial’s annual performance compared to predefined corporate financial goalsuReward executive officers for achieving strategic and individual goals | uFinancial results account for 70% of total target award, weighted between net income (45%) and return on assets (25%), with the remaining 30% based on a strategic/individual assessment of individual performance | ||
| Long-Term | Long-term incentive awards | uPerformance sharesuPerformance-contingent restricted stock | uReward executive officers for Pathward Financial’s long-term performance compared to predefined corporate financial goals, while recognizing ongoing economic and industry uncertaintyuAlign executive officers’ interests with multi-year stockholders’ interestsuFacilitate retention | uFor fiscal year 2024, performance shares were based on three-year EPS results against target metrics. Earned shares cliff vest upon completion of the three-year assessment perioduPerformance-contingent restricted stock awards vest upon satisfaction of an annual minimum capital goal, with ratable vesting over a three-year period | ||
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