How Garg was paid
$26.7M 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 | Stock | Other | Total |
|---|---|---|---|---|---|
| Vishal GargChief Executive Officer | $450,000 | $5,600,000 | $20,638,706 | — | $26,689,276 |
| Chad SmithPresident and Chief Operating Officer of BMC | $533,333 | $1,694,500 | $2,783,917 | — | $5,012,624 |
| Paula TuffinGeneral Counsel, Chief Compliance Officer and Secretary | $450,000 | $850,000 | $3,955,518 | $2,508 | $5,258,026 |
What changed and why
- $26.7M$26,689,276 was Vishal Garg’s 2025 total compensation, including $20,638,706 in stock awards.
- $5.6M$5,600,000 was Garg’s 2025 bonus, including a $4,850,000 transaction bonus.
- $1.7M$1,694,500 was Chad Smith’s 2025 bonus, including a $694,500 off-cycle bonus.
- $850K$850,000 was Paula Tuffin’s 2025 bonus, including a $100,000 transaction bonus.
- $300KRSUs replaced portions of 2025 cash salaries to reduce annualized cash salary components to $300,000.
- Performance awards used stock-price and company-revenue goals through December 31, 2030.
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.