How Tenev was paid
$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.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Vladimir TenevChief Executive Officer | $34,248 | — | — | — | $2,970,730 | $3,004,978 |
| Steven QuirkChief Brokerage Officer | $550,000 | — | $11,524,232 | $731,528 | $62,887 | $12,868,647 |
| Daniel GallagherChief Legal Officer | $550,000 | — | $9,603,541 | $731,528 | $66,088 | $10,951,157 |
| Jeffrey PinnerChief Technology Officer | $550,000 | $1,000,000 | $4,321,598 | $731,528 | $14,022 | $6,617,148 |
| Jason WarnickFormer Chief Financial Officer | $550,000 | — | $11,524,232 | $731,528 | $47,225 | $12,852,985 |
What changed and why
- $3MVladimir Tenev received a total compensation of $3,004,978 in fiscal 2025, driven largely by personal security and aircraft costs.
- $12.9MSteven Quirk received $12,868,647 in total compensation, including $11,524,232 in stock awards.
- $11MDaniel Gallagher received total compensation of $10,951,157, which included $9,603,541 in stock awards.
- $6.6MJeffrey Pinner received $6,617,148 in total compensation, including a $1,000,000 sign-on bonus installment.
- $12.9MJason Warnick received $12,852,985 in total compensation before his retirement announcement.
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.