EAGLE FINANCIAL SERVICES INC
For the period ended Dec 31, 2024. Filed Apr 9, 2025.
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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.
Dec 31, 2024 · Filed Apr 9, 2025
Contents
Pay Versus Performance
In accordance with a final rule adopted by the SEC in August 2022 implementing Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, we are providing the following table that sets forth certain compensation measures for certain of our officers alongside certain performance metrics for the Company:
| · · Average · · · | ||||||
|---|---|---|---|---|---|---|
| | | | Summary | Average | Value of | |
| | | | Compensation | Compensation | Initial Fixed | |
| | | | Table Total | Actually Paid | $100 Investment | |
| | Summary | Compensation | for Non-PEO | to Non-PEO | Based on | |
| | Compensation Table | Actually Paid | Named Executive | Named Executive | Total Shareholder | Net Income |
| | Total for PEO(1) | to PEO(2) | Officers(1) | Officers(2) | Return(3) | (in thousands) |
| Year | ($) | ($) | ($) | ($) | ($) | ($) |
| 2024 | 1,033,801 | 1,045,706 | 672,474 | 691,733 | 117.51 | 15,343 |
| 2023 | 795,222 | 708,845 | 523,749 | 474,812 | 93.00 | 9,357 |
| 2022 | 918,296 | 921,209 | 575,302 | 577,200 | 107.29 | 14,521 |
(1)
The PEO and non-PEOs for each year are as follows:
a.
PEO: Brandon C. Lorey
b.
Non-PEOs were Kathleen J. Chappell and Joseph T. Zmitrovich
(2)
Compensation Actually Paid is a calculation that begins with the Summary Compensation Table “SCT” total compensation in the given year with certain adjustments prescribed by the SEC rules. The following table provides a reconciliation of SCT total compensation with Compensation Actually Paid:
| | | | | | | Change in Fair | | | |
|---|---|---|---|---|---|---|---|---|---|
| | | | | | Change in Fair | Fair Value of | Value of Stock | | |
| | | | | Fair Value of | Value of | Stock Awards | Awards from | | |
| | | | | Stock Awards | Unvested Stock | Granted and | Prior Years that | Fair Value of | |
| | | | SCT Stock | Granted in the | Awards from | Vested in the | Vested in the | Stock Awards | Compensation |
| Name | Year | SCT Total | Awards | Covered Year | Prior Years | Covered Year | Covered Year | Forfeited | Actually Paid |
| PEO | 2024 | $1,033,801 | $(209,820) | $254,582 | $26,608 | $— | $2,575 | $(62,040) | $1,045,706 |
| NEO | | | | | | | | | |
| Average | 2024 | 672,474 | (121,980) | 148,002 | 16,466 | — | (51) | (23,178) | $691,733 |
(3)
Total Shareholder Return represents the value of a hypothetical $100 investment beginning at market close on the last day of trading of 2021, assuming reinvestment of all dividends.
The relationship between (1) compensation actually paid to the PEO and the average compensation actually paid to NEOs other that the PEO and (2) cumulative total shareholder return on the common stock of the Company for the last two completed fiscal years is as shown in Figure 1.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.