First United (FUNC) executive compensation, 2026 proxy

Carissa L. Rodeheaver, Chairman, President & CEO, was paid $1M in 2025, up 28% from $816,958 the year before.

Filed
March 25, 2026
Annual meeting
May 7, 2026
Pay year
2025
Named executives
3
CEO total pay
$1M+28% vs prior year
CEO pay in equity
13%$136,346 in awards
CEO 2025 Total Pay
$1,042,004Increased from prior year
STIP Payout
138%Percentage of target opportunity
2025 ROAE
11.50%73rd percentile of peer group

How Rodeheaver was paid

$1M 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.

Salary48%Stock awards13%Non-equity incentive37%All other compensation1%

Named executive officers

ExecutiveTotal
Carissa L. RodeheaverChairman, President & CEO$1,042,004
Robert L. Fisher, IISenior Vice President, Chief Revenue Officer$529,340
Jason B. RushSenior Vice President, Chief Operating Officer$543,829

What changed and why

  • $1MCarissa L. Rodeheaver total compensation increased to $1,042,004 in 2025 from $816,958 in 2024.
  • Carissa L. Rodeheaver retired as President and CEO on December 31, 2025.
  • 138%Short-Term Incentive Plan awards were paid at 138% of target based on corporate and individual goals.
  • ROAE awards paid out based on performance against a peer group of 123 publicly-traded banks.

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.