Banking
Franklin Financial Services Executive Compensation (FY25)
FRAF · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Craig Best | Latest say-on-pay support = April 28, 2026 |
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The paid brief on Franklin Financial Services
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of October 19, 2026Latest filing (8-K): April 29, 2026
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Member, one year
156 figures on this page: 149 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
This company is not required to report a chief executive pay ratio.
More on Franklin Financial Services
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Timothy Henry → Craig Best
Say-on-pay support: 93.3% → 95.8% (2.5 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Franklin Financial Services' chief executive and what were they paid?
Craig Best, President & Chief Executive Officer, received $788,859 in total compensation for fiscal 2025.
What was Franklin Financial Services' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 95.8% of votes cast for or against in favor at the meeting held April 28, 2026.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Timothy Henry President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Hollar Executive Vice President Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Steven Butz Senior Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Timothy Henry President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Charles Carrol1 Executive Vice President Chief Operations Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Mark Hollar Executive Vice President Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Timothy Henry President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Charles Carroll Executive Vice President Chief Operations Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Hollar Executive Vice President Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Craig Best President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Charles Carroll Senior Executive Vice President Chief Operations Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Hollar Senior Executive Vice President Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Timothy Henry Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Charles Carroll | OTHER | — | — | — | — | — | — | ◇ |
| Craig Best | OTHER | — | — | — | — | — | — | ◇ |
| Mark Hollar | OTHER | — | — | — | — | — | — | ◇ |
| Timothy Henry | OTHER | — | — | — | — | — | — | ◇ |
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Mark Hollar | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Charles Carroll | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Charles Carroll
Senior Executive Vice President Chief Operations Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Craig Best
President & Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
| Benefits continuation | ◇ |
Mark Hollar
Senior Executive Vice President Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
G. Warren Elliott Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Kevin W. Craig | ◇ | ◇ | — | — | — | — | ◇ |
Daniel J. Fisher | ◇ | ◇ | — | — | — | — | ◇ |
Gregory A. Duffey | ◇ | ◇ | — | — | — | — | ◇ |
Martin R. Brown | ◇ | ◇ | — | — | — | — | ◇ |
Gregory I. Snook | ◇ | ◇ | — | — | — | — | ◇ |
Kimberly M. Rzomp | ◇ | ◇ | — | — | — | — | ◇ |
Stanley J. Kerlin | ◇ | ◇ | — | — | — | — | ◇ |
Donald H. Mowery | ◇ | ◇ | — | — | — | — | ◇ |
Allan E. Jennings, Jr | ◇ | ◇ | — | — | — | — | ◇ |
Timothy G. Henry and Craig W. Best served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Board meeting fee | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 28, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 29, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 23, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 25, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 27, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 28, 2020 | = | ◇ | ◇ | ◇ |
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- Craig Best (President & Chief Executive Officer), FY2025 total compensation $788,859 (base salary $523,198) [exec_comp, SEC accession 0000723646-26-000020, filed 2026-03-24]What this page does not include
Everything above is a fact Franklin Financial Services disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
156 figures on this page: 149 cited to the filing that reported them, 7 calculated from figures it prints.
149 cited to the filing
7 calculated from the filing
Documents cited
- 0000723646-26-000037Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000723646-26-0000202025 Director Compensation · Compensation Discussion and Analysis · DIRECTOR COMPENSATION · OUTSTANDING EQUITY AWARDS · and 2 more sections
- 0000723646-25-000037Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000723646-25-000023SUMMARY COMPENSATION TABLE
- 0000723646-24-000039Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000723646-24-000022
- 0000723646-23-000036Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000723646-23-000021
- 0000723646-22-000039
- 0000723646-21-000030
- 0000723646-20-000036
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Franklin Financial Services executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FRAF (accessed 2026).
Short form: data: Velarion
The paid brief for Franklin Financial Services
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}