River Financial adopts 2025 Incentive Stock Comp Plan, grants 101k restricted shares to executives and employees

River Financial Corp

Board adopted 2025 Incentive Stock Compensation Plan, subject to shareholder approval at May 2025 annual meeting.
CEO Jimmy Stubbs granted 20,000 restricted shares vesting over 5 years; President Ray Smith granted 10,000 shares vesting over 3 years.
Additional 61,000 restricted shares granted to 63 other employees and officers; plan authorizes up to 500,000 shares.
Plan includes options, SARs, restricted stock, RSUs; no immediate financial impact.

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