In 2020, Gary R. Mills earned $1.07M in total compensation at First Community Bankshares, including $567.00K salary, $265.78K bonus and $155.97K in stock. Most recently acquired 4,484 shares in Mar 2021. Currently holds stock worth $1.11M. 9+ years at the helm of First Community Bankshares.
Compensation History
Annual executive compensation data for Gary R. Mills, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$1.07M
Salary
$567.00K
Bonus
$265.78K
Other
$81.92K
Salary
$567.00KBoard Justification
The overall objective of the executive compensation program is to align the long-term interests of our named executive officers and other executives as closely as possible with those of shareholders and to motivate high performing executives to continue with the Corporation for long, productive careers.
Bonus
$265.78KBoard Justification
Annual incentive awards earned are paid to named executive officers in the form of cash bonuses (75%) and grants of Corporation stock (25%), subject to a two year restriction period. Awards are based on certain evaluation criteria, including Corporation performance compared to strategic objectives as measured by incentive compensation scorecards, and the overall financial and strategic performance of the Corporation.
Other Compensation
$81.92KBoard Justification
Includes retirement plan contributions, life insurance, and other perquisites such as automobile allowance.
Restricted Stock
Board Justification
Shares acquired upon the vesting of restricted stock awards and the value realized at such time, before the payment of any applicable withholding tax and brokerage commissions.
Performance Metrics
Annual incentive awards are based on certain evaluation criteria, including Corporation performance compared to strategic objectives as measured by incentive compensation scorecards, and the overall financial and strategic performance of the Corporation.
Gary R. Mills
CEO of First Community Bankshares
Sector of Economy
Financial Services
CEO of First Community Bankshares for
9 years 3 months (Aug 2016 - Present)
Previous Experience
Unknown
Holdings
Track Gary R. Mills's stock holdings and portfolio value over time.
Insider Trading
Gary R. Mills's recent stock transactions, purchases, and sales filed with the SEC.
4,484 shares
FCBC
Mar 19, 2021
Received
$58.99K
FCBC at $19.66/share
Aug 20, 2020
Purchase
9,722 shares
FCBC
Mar 13, 2020
Received
$27.06K
FCBC at $27.06/share
Mar 3, 2020
Purchase
5,437 shares
FCBC
Mar 8, 2019
Received
$8.58K
FCBC at $34.30/share
Nov 5, 2018
Purchase
$8.24K
FCBC at $32.95/share
Jul 27, 2018
Purchase
2,670 shares
FCBC
Mar 19, 2018
Received
$29.30K
FCBC at $29.30/share
Mar 9, 2018
Purchase
1,889 shares
FCBC
Mar 9, 2018
Received
Rivals
Compare Gary R. Mills with competitor CEOs and industry peers.
Christopher J. McComish
CEO of S&T Bancorp
2023 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$70.00K
Other
$20.00K
Total Holdings
$200.99K
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
Gavin A. Mohr
CEO of Independent Bank Corporation
2023 Compensation
Stock
$65.89K
Salary
$302.00K
Bonus
$70.15K
Other
$45.98K
Total Holdings
$60.38K