How Sanborn was paid
$4.8M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Scott SanbornChief Executive Officer | $575,000 | $546,875 | $2,690,865 | $1,004,813 | $5,925 | $4,823,478 |
| Andrew LaBenneChief Financial Officer | $455,000 | $328,125 | $1,573,975 | $450,564 | $5,050 | $2,812,714 |
| Annie ArmstrongFormer Chief Risk Officer | $393,750 | $229,167 | $1,049,332 | $389,912 | $5,925 | $2,068,086 |
| Jordan ChengGeneral Counsel and Corporate Secretary | $350,000 | $189,375 | $734,544 | $305,813 | $5,750 | $1,585,482 |
| Steven MatticsChief Lending Officer | $284,943 | — | $2,564,425 | $282,165 | $436,422 | $3,567,955 |
What changed and why
- $8.9MCEO total compensation decreased from $8,914,714 in 2024 to $4,823,478 in 2025.
- $10BFull-year loan originations grew 33% to nearly $10 billion and net income increased to $135.7 million.
- Performance-based restricted stock units were diversified to include a 3-year Adjusted Net Income operating metric alongside relative TSR.
- Long-term equity award dilution was actively managed through reduced target sizes and cash award alternatives.
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.