In 2023, C. Malcolm Holland, III earned $1.45M in total compensation at Veritex Holdings, including $800.00K salary and $320.00K bonus. Most recently sold 12,777 shares in Oct 2024. Currently holds stock worth $700.92K. Has donated $94.62K in stock to charitable causes. Has led Veritex Holdings for over 15 years.
Compensation History
Annual executive compensation data for C. Malcolm Holland, III, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.45M
Salary
$800.00K
Bonus
$320.00K
Other
$332.37K
Salary
$800.00KBoard Justification
The compensation philosophy aims to attract and retain a talented management team while aligning executive compensation with company performance and shareholder interests.
Bonus
$320.00KBoard Justification
The annual incentive payout for 2023 was based on a balanced scorecard of financial metrics, resulting in a payout equal to 40% of target.
Other Compensation
$332.37KBoard Justification
Other compensation includes reimbursement for country club membership dues, life insurance premiums, and personal use of the corporate airplane.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus was on performance-based equity and RSUs, which are subject to future vesting periods.
Performance Metrics
The performance metrics for determining compensation included earnings per share, tangible book value growth, and credit quality metrics.
C. Malcolm Holland, III
Founder and CEO of Veritex Holdings
Education
Bachelor's degree in Business Administration from Southern Methodist University
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
March 15, 1958 - 67 years ago
CEO of Veritex Holdings for
15 years 11 months (Jan 2010 - Present)
Previous Experience
Founder and CEO of Veritex Holdings, Inc.
Holdings
Track C. Malcolm Holland, III's stock holdings and portfolio value over time.
Total Stock Sold
$2.09M
$2.09M
65,673 VBTX shares
What if they kept their stock?
If C. Malcolm Holland, III didn't sell their stock, today they would have:
Extra VBTX65,673 shares worth $1.99M.
This is -4.96% and $103.61K less than what they got when they sold the stock.
Charitable Transactions
3,127 shares
VBTX
Recent Charitable Transactions
3,127 shares
VBTX
Dec 10, 2021
Charity
Insider Trading
C. Malcolm Holland, III's recent stock transactions, purchases, and sales filed with the SEC.
$353.71K
VBTX at $27.68/share
Oct 28, 2024
Sale
$193.76K
VBTX at $35.05/share
Jun 2, 2022
Sale
$25.27K
VBTX at $35.00/share
May 4, 2022
Sale
$249.40K
VBTX at $39.90/share
Feb 1, 2022
Sale
3,127 shares
VBTX
Dec 10, 2021
Charity
$258.40K
VBTX at $41.34/share
Nov 1, 2021
Sale
$189.03K
VBTX at $35.01/share
Aug 11, 2021
Sale
$29.79K
VBTX at $35.00/share
Aug 6, 2021
Sale
$81.61K
VBTX at $28.18/share
Feb 5, 2021
Sale
$62.50K
VBTX at $25.00/share
Dec 16, 2020
Sale
Rivals
Compare C. Malcolm Holland, III with competitor CEOs and industry peers.
John C. Corbett
CEO of SouthState
2023 Compensation
Stock
$2.89M
Salary
$1.04M
Bonus
$1.33M
Other
$51.75K
Total Holdings
$25.26M
Chang M. Liu
CEO of Cathay General Bancorp
2023 Compensation
Stock
$5.13M
Salary
$920.00K
Bonus
$784.60K
Other
$16.50K
Total Holdings
$17.71M
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K
Drake Mills
CEO of Origin Bancorp
2023 Compensation
Stock
$360.50K
Salary
$835.80K
Bonus
$408.16K
Other
$60.65K
Total Holdings
$108.42K
H. Palmer Proctor, Jr.
CEO of Ameris Bancorp
2023 Compensation
Stock
$1.90M
Salary
$925.00K
Bonus
$1.44M
Other
$98.20K
Total Holdings
$1.46M
George M. Pereira
CEO of Pacific Premier Bancorp
2022 Compensation
Stock
$2.05M
Salary
$950.00K
Bonus
$522.50K
Other
$0.00
Total Holdings
$189.00K