VABK · Virginia National Bankshares Corp · Executive Compensation

$49.22 +1.32 (+2.76%) At close · Sep 11

Russell 2000 member Rebalance outlook locked

Market Cap

$267.03M

5.43M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Glenn W. Rust	President and Chief Executive Officer (Principal Executive Officer)	$500,000	$100,000	$325,000	—	—	$104,693	$1,029,693
Virginia R. Bayes	Chief Banking Officer, Executive Vice President and Corporate Secretary	$398,578	—	—	—	—	$52,345	$450,923
Larry K. Pitchford	Chief Human Resources and Executive Vice President	$328,604	—	—	—	—	$47,134	$375,738

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Glenn W. Rust	President and Chief Executive Officer (Principal Executive Officer)	$500,000	$100,000	$325,000	—	—	$82,824	$1,007,824
Virginia R. Bayes	Chief Banking Officer, Executive Vice President and Corporate Secretary	$365,064	$18,781	$56,549	—	—	$38,301	$478,695
Tara Y. Harrison	Chief Financial Officer and Executive Vice President (Principal Financial and Accounting Officer)	$308,415	$21,987	$56,549	—	—	$31,338	$418,289

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Glenn W. Rust	President and Chief Executive Officer (Principal Executive Officer)	$500,000	$150,000	$274,932	—	—	$80,830	$1,005,762
Virginia R. Bayes	Chief Banking Officer, Executive Vice President and Corporate Secretary	$344,400	—	—	—	—	$25,494	$369,894
Donna G. Shewmake	—	$296,342	—	—	—	—	$25,333	$321,675
Tara Y. Harrison	Chief Financial Officer and Executive Vice President (Principal Financial and Accounting Officer)	$290,958	—	—	—	—	$23,646	$314,604

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Glenn W. Rust	President and Chief Executive Officer (Principal Executive Officer)	$500,000	$200,000	$200,043	—	—	$75,122	$975,165
Virginia R. Bayes	Chief Banking Officer and Executive Vice President, Virginia National Bank	$330,733	$7,600	$82,500	—	—	$22,007	$442,840
Donna G. Shewmake	—	$284,582	$9,889	$82,500	—	—	$23,716	$400,687
General Counsel	Executive Vice President and Secretary	$284,582	$9,889	$82,500	—	—	$23,716	$400,687
Tara Y. Harrison	Chief Financial Officer and Executive Vice President (Principal Financial and Accounting Officer)	$279,412	$10,145	$82,500	—	—	$19,145	$391,202

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Glenn W. Rust	President and Chief Executive Officer (Principal Executive Officer)	$425,000	$150,000	$150,000	—	—	$57,514	$782,514
Virginia R. Bayes	Chief Credit Officer and Executive Vice President, Virginia National Bank	$283,500	$17,000	—	$25,705	—	$19,892	$346,097
General Counsel	Executive Vice President and Secretary	$270,470	$6,000	—	$25,705	—	$22,663	$324,838

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Glenn W. Rust	President and Chief Executive Officer (Principal Executive Officer)	$386,750	$120,000	—	$78,390	—	$54,615	$639,755
Virginia R. Bayes	Chief Credit Officer and Executive Vice President, Virginia National Bank	$263,951	—	$62,092	$21,260	—	$18,600	$365,903
General Counsel	Executive Vice President and Secretary	$256,111	—	$62,092	$21,260	—	$18,845	$358,308

Executive changes

Person	Role	Change	Effective	Filed
Robert Lee Burrows, Jr.	director of the Company	Appointed	2026-02-25	2026-02-05
Cathy W. Liles	Executive Vice President and Chief Financial Officer	Appointed	2025-11-21	2025-11-19
Tara Y. Harrison	Senior Advisor	Appointed	2025-11-21	2025-11-19

Key facts CIK 1572334 CUSIP 928031103 13F (30d) 26 filings 26 filers Visit website Investor relations