Banking
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.
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
David Trautman Chairman of the Board and Chief Executive Officer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Matthew Miller President | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Brady Burt Chief Financial Officer, Treasurer and Secretary | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brady T. Burt | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Brady T. Burt | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Brady T. Burt | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Brady T. Burt | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Brady T. Burt | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| David L. Trautman | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| David L. Trautman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| David L. Trautman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| David L. Trautman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| David L. Trautman | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Matthew R. Miller | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Matthew R. Miller | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Matthew R. Miller | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Matthew R. Miller | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Matthew R. Miller | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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 |
|---|---|---|---|---|---|
| Brady Burt | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Matthew Miller | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| David Trautman | RSU | ◇ | ◇ | — | — |
| 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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 27, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 28, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 22, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 24, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 25, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 26, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 27, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 22, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 23, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 24, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 25, 2016 | = | ◇ | ◇ | ◇ |
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 — $1,500Written 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 — $1,200Realizable 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.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
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
- 0000805676-26-000036
- 0000805676-26-000021DIRECTOR COMPENSATION · Director Compensation for 2025 · Grants of Plan-Based Awards · Outstanding Equity Awards at 2025 Fiscal Year-End · and 1 more section
- 0000805676-25-000046
- 0000805676-25-000017Summary Compensation Table for 2024
- 0000805676-24-000078
- 0000805676-24-000047Summary Compensation Table
- 0000805676-23-000075
- 0000805676-22-000054
- 0000805676-21-000087
- 0000805676-20-000071
- 0000805676-19-000060
- 0000805676-18-000080
- 0000805676-17-000050
- 0000805676-16-000161
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Park National executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/PRK (accessed 2026).
Short form: data: Velarion
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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
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}
}