How Cerminara was paid
$1.4M 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 |
|---|---|---|---|---|---|
| D. Kyle CerminaraChief Executive Officer | — | $200,000 | $1,023,750 | $174,989 | $1,398,739 |
| Mark D. RobersonChief Financial Officer | $400,000 | $175,000 | — | $11,319 | $586,319 |
| Todd R. MajorChief Accounting Officer | $325,000 | $175,000 | — | $9,433 | $509,433 |
| Larry G. Swets, Jr.Head of Merchant Banking and Former President & Chief Executive Officer | $550,000 | $200,000 | $591,500 | $38,768 | $1,380,268 |
| Maja VujinovicCEO of Digital Assets | $200,000 | $125,000 | $773,500 | $2,771 | $1,101,271 |
What changed and why
- $1.4M2025 CEO total compensation was $1,398,739 versus $633,500 in 2024.
- $1M$1,023,750 of CEO stock awards represented warrants issued for cryptocurrency treasury operations.
- $200K$200,000 cash bonuses were approved for the CEO and former CEO for 2025 strategic initiatives.
- $600K$600,000 was Ms. Vujinovic’s annual salary, but her 2025 salary was $200,000 after joining August 4.
- $592K$591,500 of stock awards were granted to Mr. Swets as warrants connected with cryptocurrency treasury operations.
Other FG Communities Holdings proxy statements
- 2025 proxy statement
D. Kyle Cerminara paid $633,500 (+18% on the year).
Filed Oct 31, 2025
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.