Company: PNBK
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001628280-25-017837
Chunk: 60

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-04-15
Form: 10-K
Item: Item 11
Chunk 60
---
ITEM 11. Executive Compensation

Summary Compensation Table

The table below sets forth, for the last two fiscal years, the compensation earned by our Chief Executive Officer and Chief Financial Officer, and three other executive officers who received the highest annual compensation: 

Name/Principal Position(s) (1)YearSalaryBonus and IncentiveRestricted StockAll Other Annual Compensation(2)TotalDavid Lowery2024$400,000 $— $5,820 $9,885 $415,705 Director and Chief Executive Officer of the Company;Director, President and Chief Executive Officer of the Bank2023$358,559 $54,600 $11,491 $9,646 $434,296 Joseph D. Perillo *2024$283,815 $325,000 $— $11,772 $620,587 Former Chief Financial Officer2023$287,490 $54,600 $— $14,262 $356,352 Alfred Botta2024$272,942 $293,279 $— $10,350 $576,571 Executive Vice President and Chief Payments Officer of the Bank2023$270,000 $182,978 $— $9,900 $462,878 Thomas Slater2024$264,250 $60,000 $8,125 $1,573 $333,948 Executive Vice President and Chief Credit Officer of the Bank2023$260,000 $25,000 $— $650 $285,650 Steven Grunblatt2024$270,375 $— $1,449 $8,111 $279,935 Executive Vice President and Chief Information Office of the Bank2023$269,466 $52,500 $— $8,084 $330,050 David Finn**2024$97,981 $— $— $— $97,981 Chief Financial Officer2023$— $— $— $— $— 

* Joseph D. Perillo served as our Chief Financial Officer until October 30, 2024. On the same day, David Finn was appointed to replace Mr. Perillo as Interim Chief Financial Officer.

** On January 14, 2025, David Finn was officially appointed Chief Financial Officer and Executive Vice President.