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Park National Executive Compensation (FY25)

PRK · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): April 28, 2026
201 figures on this page: 190 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Total compensation for David Trautman, Chairman of the Board and Chief Executive Officer, came to $2,977,449 in fiscal 2025, and Trautman's total moved 11.9% higher from the $2,661,069 reported for fiscal 2024. For fiscal 2025, shareholders backed the say-on-pay proposal with 98.1% of votes cast for or against in favor at the meeting held April 27, 2026. The disclosed peer group includes 1st Source Corporation, Community Bank System, Inc., Enterprise Financial Services Corp, FB Financial Corporation and First Bancorp (NC), among others. For fiscal 2025, the company reported 3 named executive officers.
Chief executive, fiscal 2025
David Trautman
Latest say-on-pay support
=
April 27, 2026
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 — David Trautman: $2,661,069$2,977,449 (11.9% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Park National's chief executive and what were they paid?
Total compensation for David Trautman, Chairman of the Board and Chief Executive Officer, came to $2,977,449 in fiscal 2025. Trautman's total moved 11.9% higher from the $2,661,069 reported for fiscal 2024.
What was Park National's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 98.1% of votes cast for or against in favor at the meeting held April 27, 2026.
Which companies are in Park National's peer group?
The disclosed peer group includes 1st Source Corporation, Community Bank System, Inc., Enterprise Financial Services Corp, FB Financial Corporation and First Bancorp (NC), among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Trautman
Chairman of the Board and Chief Executive Officer of Park and Park National Bank
Matthew Miller
President of Park and Park National Bank
Brady Burt
Chief Financial Officer, Treasurer and Secretary of Park and Senior Vice President and Chief Financial Officer of Park National Bank
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Trautman
Chairman of the Board and Chief Executive Officer
Matthew Miller
President
Brady Burt
Chief Financial Officer, Treasurer and Secretary
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Trautman
Chairman of the Board and Chief Executive Officer
Matthew Miller
President
Brady Burt
Chief Financial Officer, Secretary and Treasurer
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brady T. BurtRSU
Brady T. BurtRSU
Brady T. BurtPSU
Brady T. BurtRSU
Brady T. BurtRSU
David L. TrautmanPSU
David L. TrautmanRSU
David L. TrautmanRSU
David L. TrautmanRSU
David L. TrautmanRSU
Matthew R. MillerPSU
Matthew R. MillerRSU
Matthew R. MillerRSU
Matthew R. MillerRSU
Matthew R. MillerRSU
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Brady BurtRSU
RSU
RSU
Matthew MillerRSU
RSU
RSU
David TrautmanRSU
RSU
RSU
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Leon Zazworsky
Lead independent director
Robert E. O'Neill
C. Daniel DeLawder
Donna M. Alvarado
F. William Englefield IV
Jason N. Judd
D. Byrd Miller III
Kelly K. Gratz
Timothy S. McLain
Frederic M. Bertley, Ph.D
Karen Morrison
Jeffrey D. Agee, Matthew R. Miller and David L. Trautman 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
Board equity retainer
Total board retainer
Lead independent director premium
Audit committee member
Compensation committee member

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 1st Source Corporation SRCE
  • Community Bank System, Inc. CBU
  • Enterprise Financial Services Corp EFSC
  • FB Financial Corporation FBK
  • First Bancorp (NC) FBNC
  • First Commonwealth Financial Corporation FCF
  • First Financial Bancorp FFBC
  • German American Bancorp, Inc. GABC
  • Horizon Bancorp, Inc. HBNC
  • Lakeland Financial Corporation LKFN
  • Midland States Bancorp, Inc. MSBI
  • NBT Bancorp Inc. NBTB
  • Northwest Bancshares, Inc. NWBI
  • Peoples Bancorp Inc. PEBO
  • Republic Bancorp, Inc. RBCAA
  • S&T Bancorp, Inc. STBA
  • Stock Yards Bancorp, Inc. SYBT
  • Tompkins Financial Corporation TMP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 27, 2026=
2024April 28, 2025=
2023April 22, 2024=
2022April 24, 2023=
2021April 25, 2022=
2020April 26, 2021=
2019April 27, 2020=
2018April 22, 2019=
2017April 23, 2018=
2016April 24, 2017=
2015April 25, 2016=
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What this page does not include

Everything above is a fact Park National disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Park National sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable 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 Intelligence
Adviser 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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
201 figures on this page: 190 cited to the filing that reported them, 11 calculated from figures it prints.
190 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000805676-26-000036
  2. 0000805676-26-000021
    DIRECTOR COMPENSATION · Director Compensation for 2025 · Grants of Plan-Based Awards · Outstanding Equity Awards at 2025 Fiscal Year-End · and 1 more section
  3. 0000805676-25-000046
  4. 0000805676-25-000017
    Summary Compensation Table for 2024
  5. 0000805676-24-000078
  6. 0000805676-24-000047
    Summary Compensation Table
  7. 0000805676-23-000075
  8. 0000805676-22-000054
  9. 0000805676-21-000087
  10. 0000805676-20-000071
  11. 0000805676-19-000060
  12. 0000805676-18-000080
  13. 0000805676-17-000050
  14. 0000805676-16-000161
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Velarion, “Park National executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/PRK (accessed 2026).
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Banking rankings

Chief executive payBankingCEO pay ratioBankingSay-on-pay supportBanking

Peers Park National discloses

The companies named in PRK's own disclosed peer group.

1st Source CorporationCommunity Bank System, Inc.Enterprise Financial Services CorpFB Financial CorporationFirst Bancorp (NC)First Commonwealth Financial CorporationFirst Financial BancorpGerman American Bancorp, Inc.Horizon Bancorp, Inc.Lakeland Financial CorporationMidland States Bancorp, Inc.NBT Bancorp Inc.Northwest Bancshares, Inc.Peoples Bancorp Inc.Republic Bancorp, Inc.S&T Bancorp, Inc.Stock Yards Bancorp, Inc.Tompkins Financial Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
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}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy