How Silverman was paid
$860,469 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| David S. SilvermanPresident and CEO | $492,752 | $123,188 | $182,773 | $61,756 | $860,469 |
| Karyn J. HaleEVP, CFO and COO | $294,217 | $58,843 | $90,943 | $30,351 | $474,354 |
| Jonathan J. GouldEVP, Senior Commercial Lender, Union Bank | $275,300 | $55,060 | $85,096 | $29,910 | $445,366 |
What changed and why
- $860KDavid S. Silverman received total compensation of $860,469 for fiscal 2025, representing an increase from the prior year total of $807,422.
- Short-term incentive awards were based on bank-only performance measures including net income, loan growth, and deposit growth.
- 123.64%Actual weighted average percentage of target opportunity under the STIPP for 2025 was 123.64%.
- Stock awards represent contingent grants of restricted stock units under the 2024 Equity Incentive Plan.
- 73.5%Shareholders supported the executive compensation program with 73.5% of votes cast at the 2025 annual meeting.
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.