FORUM Markets (FRMM) executive compensation, 2026 proxy

McAndrew Rudisill, CEO and Executive Chairman, was paid $20.3M in 2025.

Filed
July 8, 2026
Annual meeting
August 19, 2026
Pay year
2025
Named executives
4
CEO total pay
$20.3M2025
Rudisill annual salary
$650,000Effective November 12, 2025
Saunders RSUs
$1.0MVesting over two years
Rudisill change-of-control payment
2%Greater of market capitalization or enterprise value
Jordan annual salary
$240,000Under consulting agreement
Jordan incentive bonus
Up to 100%Of annual fee
Rudisill severance
2x base salaryAfter more than 12 months

How Rudisill was paid

$20.3M 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.

Salary1%Bonus9%Option awards90%

Named executive officers

ExecutiveTotal
McAndrew RudisillCEO and Executive Chairman$20,272,537
John SaundersCFO$1,977,673
Blair JordanFormer CEO$16,835,354
Eric Van LentFormer CAO$221,856

What changed and why

  • $20.3M$20.3 million was McAndrew Rudisill’s 2025 total compensation, including $18.3 million in option awards.
  • $1.75M$1.75 million was Rudisill’s 2025 bonus.
  • $1.82M$1.82 million was John Saunders’s 2025 stock-award compensation.
  • $16.8M$16.8 million was Blair Jordan’s 2025 total compensation, including $14.7 million in option awards.
  • $650K$650,000 became Rudisill’s annual salary effective November 12, 2025.
  • $1.0M$1.0 million in RSUs was included in Saunders’s offer letter, vesting over two years.

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.