How Golden was paid
$1.2M in total for 2024, 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 | Other | Total |
|---|---|---|---|---|---|---|
| Meryl S. GoldenChief Executive Officer and President | $500,000 | $496,358 | $136,500 | — | $25,800 | $1,158,658 |
| Sarah (Minlei) ChenChief Actuary; Senior Vice President, Kingstone Insurance Company | $355,138 | $166,609 | $166,109 | $12,400 | $7,838 | $708,094 |
| Jennifer L. GravelleVice President, Chief Financial Officer and Treasurer | $337,422 | $133,979 | $133,479 | $12,400 | $13,800 | $631,080 |
What changed and why
- $1.2M$1,158,658: CEO total compensation in 2024, versus $661,700 in 2023.
- $496K$496,358: CEO bonus in 2024, compared with no bonus in 2023.
- $550K$550,000: CEO annual salary effective January 2025, up from $500,000.
- 3%3% of consolidated operating income: CEO annual bonus formula, capped at 1.25 times base salary.
- 40,000 restricted shares: CEO grant made during January 2025 under the new employment agreement.
- April 18, 2025: Jennifer Gravelle resigned as chief financial officer and treasurer.
Other Kingstone Companies proxy statements
- 2026 proxy statement
Meryl S. Golden paid $1.9M (+61% on the year).
Filed Jun 25, 2026
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.