other material
confidence high
sentiment neutral
materiality 0.50
Parkway Acquisition Corp. adopts SERPs providing $88K-$84K-$60K annual benefits to four officers
Skyline Bankshares, Inc.
- CEO Blake Edwards receives $88,000/yr lifetime benefit, vesting fully by June 11, 2028.
- CFO Lori Vaught receives $84,000/yr normal retirement benefit payable after age 65.
- Chief Risk Officer Beth Worrell and Regional President Jonathan Kruckow each get $60,000/yr.
- All plans provide full vesting upon Change in Control; benefits terminate for Cause.
- Death benefits pay 180 monthly installments to designated beneficiaries.