How Beckwith was paid
$1.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| James E. BeckwithPresident & CEO | $698,988 | — | $439,963 | $605,365 | $36,441 | $1,780,757 |
| Don J. KurtzeEVP & SF Bay Area President | $308,867 | $292,500 | $199,970 | — | $19,581 | $820,918 |
| Michael A. RizzoEVP & CBO | $399,263 | — | $199,970 | $146,695 | $37,943 | $783,871 |
What changed and why
- $1.8MCEO total compensation increased to $1,780,757 in 2025 from $1,658,623 in 2024.
- $628KBase salary for the CEO rose from $627,915 in 2024 to $698,988 in 2025.
- A new long-term incentive program combining PSUs and RSAs was adopted in mid-2025.
- PSU vesting is determined by three-year average return on average assets relative to peers.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.