How Grossman was paid
$10.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Adam S. GrossmanPresident, Chief Executive Officer and Director | $925,000 | $4,049,994 | $4,049,998 | $1,156,250 | $56,084 | $10,237,326 |
| Kaitlin KestenbergChief Operating Officer & Senior Vice President, Compliance | $575,000 | $1,249,989 | $1,249,999 | $359,375 | $54,284 | $3,488,647 |
| Paul Terence Kohler, Jr.Current Chief Financial Officer and Treasurer | $19,231 | $1,124,988 | $15,750 | — | $11,992 | $2,296,949 |
| Brad L. TadeFormer Executive Vice President and Chief Financial Officer | $500,000 | $999,988 | $999,997 | $250,000 | $73,645 | $2,823,630 |
What changed and why
- $10.2MAdam S. Grossman received total compensation of $10,237,326 for fiscal 2025, representing an increase from $7,918,734 in fiscal 2024.
- Stock and option awards represented the largest portions of the CEO total compensation package for 2025.
- Annual bonus awards for 2025 were paid based on established corporate performance goals and individual performance.
- Paul Terence Kohler, Jr. was appointed as Chief Financial Officer and Treasurer during fiscal 2025.
- Brad L. Tade transitioned from Chief Financial Officer to a consulting role effective February 25, 2026.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.