MainStreet Bancshares (MNSB) executive compensation, 2026 proxy

Jeff W. Dick, Chairman, President & Chief Executive Officer, was paid $1.3M in 2025, up 71% from $741,955 the year before. The CEO-to-median-employee pay ratio was 11:1, on median employee pay of $115,281.

Filed
April 17, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
4
CEO total pay
$1.3M+71% vs prior year
CEO to median employee
11:1median $115,281
CEO pay in equity
42%$532,500 in awards
CEO Target Bonus
125%Percentage of base compensation
2025 Net Income
$15,613,000Significant increase from prior year
Total Shareholder Return
$79.46Based on initial $100 investment

How Dick was paid

$1.3M 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.

Salary56%Stock awards42%All other compensation2%

Named executive officers

ExecutiveTotal
Jeff W. DickChairman, President & Chief Executive Officer$1,267,127
Thomas J. ChmelikSenior Executive Vice President, Chief Financial Officer and Secretary$397,136
Abdul HersiburaneBank President$628,364
Richard A. VariExecutive Vice President & Chief Financial Officer of MainStreet Bank$445,213

What changed and why

  • 70.8%Jeff W. Dick total compensation increased 70.8% to $1,267,127 in fiscal 2025.
  • Two of three quantitative and qualitative performance incentive targets were met for the year.
  • 100%Named executive officers elected to receive 2025 incentive compensation as 100% restricted shares.
  • Restricted stock awards vest one-third annually over a period of three years.
  • Thomas J. Chmelik retired as Chief Financial Officer effective December 31, 2025.

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.