Civista Bancshares Inc (CIVB) just unveiled an announcement.
Civista Bancshares, Inc. rewarded its senior officers with restricted stock awards based on the company’s performance in 2023, as part of their incentive plan established in 2014. These shares, which vest over three years starting January 2, 2025, are contingent on continued employment with the company, except in cases of death, retirement, or a change in control. Notably, President and CEO Dennis G. Shaffer received the highest award of 4,262 shares valued at $66,104, while Senior Vice President Paul J. Stark opted for a cash incentive instead of shares. Civista Bancshares, a financial holding company with a history dating back to 1884, trades on the NASDAQ under the symbol “CIVB”.
For a thorough assessment of CIVB stock, go to TipRanks’ Stock Analysis page.
