How Moragne was paid
$6.1M in total for fiscal 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| John D. MoragneChief Executive Officer | $600,000 | $3,918,506 | $1,187,770 | $358,725 | $6,065,001 |
| Ryan M. AlbanoPresident and Chief Operating Officer | $500,000 | $2,020,498 | $874,840 | $210,368 | $3,605,706 |
| Kevin M. FennellExecutive Vice President and Chief Financial Officer | $425,000 | $1,010,260 | $736,114 | $168,059 | $2,339,432 |
| Michael B. CarusoSenior Vice President, Underwriting and Strategy | $285,000 | $351,210 | $260,079 | $106,057 | $1,002,346 |
| Jennie O'BrienSenior Vice President, Chief Accounting Officer | $275,000 | $452,149 | $185,123 | $73,816 | $986,089 |
What changed and why
- $6.1MChief Executive Officer total compensation decreased to $6,065,001 in 2025.
- Limited base salary increases were implemented for executives in 2025.
- 60%Performance-based restricted stock units represent 60% of long-term incentive awards.
- 90.8%Prior say-on-pay proposal received 90.8% support from stockholders.
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.