Provident Financial Holdings (PROV) executive compensation, 2026 proxy

Donavon P. Ternes, President and Chief Executive Officer, was paid $854,551 in 2026, up 17% from $732,537 the year before.

Filed
October 9, 2026
Annual meeting
November 19, 2026
Pay year
2026
Named executives
3
CEO total pay
$854,551+17% vs prior year
CEO target incentive
50%Of base salary
2026 net income
$6,655In thousands
Incentive threshold
$8,227Net income, in thousands
CEO base salary
$535,000Current agreement salary
CEO shares vested
9,000Value realized $155,070

How Ternes was paid

$854,551 in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary62%Pension and deferred comp33%All other compensation5%

Named executive officers

ExecutiveTotal
Donavon P. TernesPresident and Chief Executive Officer$854,551
David S. WeiantSenior Vice President – Chief Lending Officer$337,940
Gwendolyn L. WertzSenior Vice President-Retail Banking$287,535

What changed and why

  • $855K$854,551 was the CEO’s 2026 total compensation, compared with $732,537 in 2025.
  • $281K$280,505 of the CEO’s compensation reflected change in pension value and deferred compensation earnings.
  • $6,655$6,655 net income was below the $8,227 threshold required to trigger annual incentive awards.
  • No stock or option awards were granted to named executives for fiscal 2026.
  • 50%50% of salary was the CEO’s target annual incentive opportunity.
  • $2,784$2,784 in other compensation recognized the CEO’s 25-year service award.

Other Provident Financial Holdings proxy statements

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.