How Cohen was paid
$369,521 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 | Bonus | Other | Total |
|---|---|---|---|---|
| Justin CohenChief Executive Officer | $69,521 | $300,000 | — | $369,521 |
| Chris SchenkPresident and Chief Underwriting Officer | $542,654 | $1,000,000 | $17,500 | $1,560,154 |
| Neelam PatelChief Financial Officer | $410,769 | $550,000 | $46,829 | $1,007,598 |
What changed and why
- $370KChief Executive Officer Justin Cohen received a total compensation of $369,521 for fiscal year 2025.
- $1.6MChris Schenk received a total compensation of $1,560,154, which included a discretionary and special bonus totaling $1,000,000.
- $1MNeelam Patel received a total compensation of $1,007,598, which included a discretionary and special bonus totaling $550,000.
- No equity-based incentive awards were granted to named executive officers in fiscal year 2025.
- All other compensation for executive officers primarily consisted of 401(k) retirement plan matching contributions.
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.