Cohen (COHN) executive compensation, 2026 proxy

Lester R. Brafman, Chief Executive Officer, was paid $11.9M in 2025, up 197% from $4M the year before.

Filed
April 16, 2026
Annual meeting
June 3, 2026
Pay year
2025
Named executives
3
CEO total pay
$11.9M+197% vs prior year
CEO pay in equity
3%$354,691 in awards
Adjusted Pre-Tax Income
$41.4MIncreased $42.2 million from 2024
CCM Revenue
$183.7MUp 372% from 2024
Quarterly Dividends
$0.25Per share paid regularly
Special Dividends
$2.70Paid per share

How Brafman was paid

$11.9M 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.

Salary6%Bonus59%Stock awards3%Pension and deferred comp32%All other compensation0%

Named executive officers

ExecutiveTotal
Lester R. BrafmanChief Executive Officer$11,936,704
Daniel G. CohenExecutive Chairman$11,886,704
Joseph W. Pooler, Jr.Executive Vice President, Chief Financial Officer & Treasurer$2,415,995

What changed and why

  • $11.9MCEO total compensation increased to $11,936,704 in 2025 due to higher performance bonuses and deferred compensation awards.
  • $42.2MAdjusted pre-tax income increased by $42.2 million in 2025, reaching $41.4 million compared to a prior loss.
  • $144.8MInvestment banking and new issue revenue generated by CCM grew by $144.8 million to reach $183.7 million.

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.