How Tannenbaum was paid
$9.9M 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.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Incentive | Total |
|---|---|---|---|---|---|---|
| Michael TannenbaumChief Executive Officer and Director | $424,715 | $715,385 | $5,571,719 | $2,857,586 | $291,552 | $9,860,957 |
| Macrina KgilChief Financial Officer | $450,000 | $300,000 | $442,986 | $232,507 | $236,375 | $1,661,868 |
| Todd StevensChief Capital Officer | $350,000 | — | — | — | $257,797 | $607,797 |
What changed and why
- $9.9MChief Executive Officer Michael Tannenbaum received total compensation of $9,860,957 for fiscal year 2025.
- $35.5MTotal compensation decreased compared to the prior fiscal year total of $35,496,329.
- $425KAnnual base salaries for executive officers included $424,715 for the Chief Executive Officer.
- 100%Company performance goals under the 2025 bonus program were achieved between 100% and 110% quarterly.
- $600KA one-time IPO bonus of $600,000 was provided to the Chief Executive Officer.
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.