0001193125-26-154867
SEC filingOn April 9, 2026, the Compensation Committee approved the vesting of 2023 Performance Restricted Stock Units for Named Executive Officers based on 'Superior' performance against TSR and ROATCE goals.
The Compensation Committee determined that the Company achieved 'Superior' performance levels for both the Total Shareholder Return (TSR) and Return on Average Tangible Common Equity (ROATCE) goals during the 2023-2025 performance period. This achievement triggered the maximum payout under the 2023 Performance Restricted Stock Unit (PRSU) awards granted to eligible executive officers. The vesting resulted in the issuance of 23,810 shares of common stock to five Named Executive Officers, with President and CEO Corey A. Chambas receiving the largest allocation of 10,370 shares. The final share counts were determined following the availability of the final ROATCE information, which was previously unavailable at the time of the Proxy Statement filing in March 2026.