Banking
GBank Financial Holdings Executive Compensation (FY25)
GBFH · Executive and director compensation, fiscal 2024 to 2025
Chief executive, fiscal 2025 ◇ Edward Nigro |
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The paid brief on GBank Financial Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Data as of October 22, 2026Latest filing (DEF 14A): March 31, 2026
2 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
77 figures on this page: 76 cited to the filing that reported them, 1 calculated from figures it prints. See the citations
This company is not required to report a chief executive pay ratio.
More on GBank Financial Holdings
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 total compensation — Edward Nigro: $829,393 → $1,289,337 (55.5% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is GBank Financial Holdings' chief executive and what were they paid?
Edward Nigro, Executive Chairman and Chief Executive Officer, received $1,289,337 in total compensation for fiscal 2025. Nigro's total moved 55.5% higher from the $829,393 reported for fiscal 2024.
What was GBank Financial Holdings' say-on-pay result?
As an emerging growth company, the company is exempt from the advisory say-on-pay vote.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Nancy DeCou EVP & Chief SBA Officer of the Bank | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
T. Ryan Sullivan Former President and Chief Executive Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Edward Nigro Executive Chairman and Chief Executive Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Jeffery Whicker Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Nancy DeCou Executive Vice President and Chief SBA Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Edward Nigro Executive Chairman and Chief Executive Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
T. Ryan Sullivan Former President and Chief Executive Officer Departed during or after this year | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Jeffery Whicker Chief Financial 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 |
|---|---|---|---|---|---|---|---|---|
| Edward Nigro | PRSU | — | — | — | — | — | — | ◇ |
| Jeffery Whicker | PRSU | — | — | — | — | — | — | ◇ |
| Nancy DeCou | PRSU | — | — | — | — | — | — | ◇ |
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 |
|---|---|---|---|---|---|
| Jeffery Whicker | Option | ◇ | — | ◇ | — |
| PSU | ◇ | ◇ | — | — | |
| Todd Nigro | PSU | ◇ | = | — | — |
| Edward Nigro | PSU | ◇ | ◇ | — | — |
| Nancy DeCou | PSU | ◇ | ◇ | — | — |
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.
Jeffery Whicker
Chief Financial Officer · Employment agreement
| Change-in-control multiple | ◇ |
Nancy DeCou
Executive Vice President and Chief SBA Officer · Employment agreement
| Change-in-control multiple | ◇ |
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 |
|---|---|---|---|---|---|---|---|
Michael C. Voinovich | — | ◇ | — | — | — | — | ◇ |
Todd A. Nigro | — | ◇ | — | — | — | — | ◇ |
James K. Sims | — | ◇ | — | — | — | — | ◇ |
A. Lee Finley | — | ◇ | — | — | — | — | ◇ |
Kathryn S. Lever | — | ◇ | — | — | — | — | ◇ |
William J. Hornbuckle | — | ◇ | — | — | — | — | ◇ |
Charles W. Griege Jr | — | ◇ | — | — | — | — | ◇ |
Timothy P. Herbst | — | ◇ | — | — | — | — | ◇ |
Alan C. Sklar | — | ◇ | — | — | — | — | ◇ |
Edward M. Nigro 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.
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 equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
| Committee meeting fee | ◇ |
Equity is delivered as Restricted Stock Awards.
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.
This company is an emerging growth company and is exempt from the advisory vote on executive compensation. There is no vote to report.
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- Edward Nigro (Executive Chairman and Chief Executive Officer), FY2025 total compensation $1,289,337 (base salary $250,000) [exec_comp, SEC accession 0001140361-26-012390, filed 2026-03-31]What this page does not include
Everything above is a fact GBank Financial Holdings 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.
77 figures on this page: 76 cited to the filing that reported them, 1 calculated from figures it prints.
76 cited to the filing
1 calculated from the filing
Documents cited
- 0001140361-26-012390Proxy severance section · Summary Compensation Table · TABLE OF CONTENTS EXECUTIVE COMPENSATION AND OTHER MATTERS
- 0001477932-25-004892Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “GBank Financial Holdings executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/GBFH (accessed 2026).
Short form: data: Velarion
The paid brief for GBank Financial Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
2 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}
}