FVCBankcorp (FVCB) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
14 May, 2026Voting matters and shareholder proposals
Shareholders are asked to approve, in an advisory (non-binding) vote, the executive compensation program for named executive officers at the 2026 Annual Meeting on May 20, 2026.
The Board of Directors unanimously recommends voting FOR all proposals, including the advisory vote on executive compensation.
Executive compensation and say-on-pay
Executive compensation is closely aligned with company performance, with significant pay at risk and no formulaic approach; compensation reflects both short- and long-term shareholder returns.
In 2023, net income fell to $3.8 million, resulting in a 45% decrease in CEO compensation and a 40% decrease for the President; no annual bonus or stock awards were granted for 2023.
For 2025, net income rebounded to $22.1 million, with CEO and President compensation recovering proportionally; annual bonuses for 2025 were $500,000 (56% of CEO base salary) and $225,000 (46% of President base salary).
Annual incentive compensation is based on performance metrics such as net income, asset growth, and credit quality, with a pooled bonus approach above a minimum acceptable return to shareholders.
Long-term incentives use time-based vesting restricted stock units over four years, directly linking realized compensation to stock performance.
Board of directors and corporate governance
Compensation Committee uses peer group benchmarking and considers executive tenure, experience, and leadership continuity in setting base salaries.
The Board exercises informed judgment in bonus determinations, weighing financial and non-financial performance metrics.
Latest events from FVCBankcorp
- Net income up 24% year-over-year, with improved margins and strong core deposit growth.FVCB
Q1 20268 May 2026 - Key votes include director elections, executive pay approval, and auditor ratification at the 2026 meeting.FVCB
Proxy filing7 Apr 2026 - Net income surged 46% in 2025, driven by higher margins, loan growth, and strong credit quality.FVCB
Q4 202520 Jan 2026 - Annual meeting to vote on directors, executive pay, and auditor, emphasizing governance and oversight.FVCB
Proxy Filing2 Dec 2025 - Directors elected, auditor ratified, and strong financial growth with tech-driven strategy highlighted.FVCB
AGM 202526 Nov 2025 - Q3 2025 net income up 19% with margin expansion, strong deposits, and solid asset quality.FVCB
Q3 202512 Nov 2025 - Q2 net income and dividend rose sharply year-over-year, with strong capital and asset quality.FVCB
Q2 20247 Oct 2025 - Earnings up 36% year-over-year, margins and credit quality improved, dividend initiated.FVCB
Q2 202513 Aug 2025 - Q3 2024 net income up 16% year-over-year, with higher margins and robust credit quality.FVCB
Q3 202413 Jun 2025