UNITED BANCORP INC /OH/
For the period ended Apr 16, 2025. Filed Mar 14, 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.
Apr 16, 2025 · Filed Mar 14, 2025
Contents
Pay-Versus-Performance Table
| Year · · · Summary Compensation Table Total for PEO ($)(1) · · · Compensation Actually Paid to PEO ($) · · · Average Summary Compensation Table Total for Non-PEO NEOs ($) · · · Average Compensation Actually Paid to Non-PEO NEOs ($) · · · Value of Initial Fixed $100 Investment Based On Total Shareholder Return ($) · · · Net Income ($) (000’s) · | |||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | | | | | 940,030 | | | | | | 980,655 | | | | | | 552,274 | | | | | | 584,774 | | | | | | 118.75 | | | | | | 7,402 | | |
| 2023 | | | | | 606,824 | | | | | | 590,387 | | | | | | 286,240 | | | | | | 273,090 | | | | | | 143.61 | | | | | | 8,950 | | |
| 2022 | | | | | 561,172 | | | | | | 538,797 | | | | | | 272,098 | | | | | | 254,198 | | | | | | 122.50 | | | | | | 8,657 | | |
Scott A. Everson was the Registrant’s Principal Executive Officer (PEO) for each of the 2022, 2023 and 2024 fiscal years.
For the 2022, 2023 and 2024 fiscal years, the Registrant’s Non PEO NEOs were: Matthew F. Branstetter; and Randall M. Greenwood.
The amounts disclosed reflect the following adjustments to the amounts reported in the Summary Compensation Table.
| · · · 2024 · · · 2023 · · · 2022 · | |||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Adjustment · · · PEO ($) · · · Non-PEO NEOs ($) · · · PEO ($) · · · Non-PEO NEOs ($) · · · PEO ($) · · · Non-PEO NEOs ($) · | |||||||||||||||||||||||||||||||||||||
| Less Grant date value of equity awards | | | | | (233,600) | | | | | | (292,000) | | | | | | NA | | | | | | NA | | | | | | NA | | | | | | NA | | |
| Year-end fair value of current year award | | | | | 325,000 | | | | | | 260,000 | | | | | | NA | | | | | | NA | | | | | | NA | | | | | | NA | | |
| Year-over-year change in fair value of unvested awards | | | | | — | | | | | | — | | | | | | (23,500) | | | | | | (18,800) | | | | | | (48,500) | | | | | | (38,800) | | |
| Change in value of awards vesting during the current year | | | | | (14,500) | | | | | | (11,600) | | | | | | (3,125) | | | | | | (2,500) | | | | | | 6,750 | | | | | | 5,400 | | |
| Dividends paid on unvested awards | | | | | 22,125 | | | | | | 17,700 | | | | | | 10,188 | | | | | | 8,150 | | | | | | 19,375 | | | | | | 15,500 | | |
| Total adjustments | | | | | 40,625 | | | | | | 32,500 | | | | | | (16,437) | | | | | | (13,150) | | | | | | (22,375) | | | | | | (17,900) | | |
As reported on Registrant’s Consolidated Statements of Income for the applicable fiscal reporting year, as provided under Part II Item 8 of Registrant’s Annual Report on Form 10-K.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.