How Baker was paid
$1.7M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Christopher J. BakerChief Executive Officer and President | $638,820 | $761,935 | $291,110 | $24,131 | $1,715,996 |
| Keefer M. LehnerExecutive Vice President and Chief Financial Officer | $436,800 | $299,329 | — | $41,563 | $777,692 |
| Max BouthilletteExecutive Vice President, General Counsel and Chief Compliance Officer | $382,200 | $299,329 | $139,335 | $22,348 | $843,212 |
What changed and why
- $1.7MChristopher J. Baker received total compensation of $1,715,996 in 2025, representing a decrease from $2,829,189 in 2024.
- 44.9%At the 2025 annual meeting, approximately 44.9% of stockholders supported the say-on-pay advisory vote.
- Base salaries for NEOs remained flat for 2025 compared to the prior year based on market norms.
- Long-term incentive awards were granted as time-based restricted stock with a three-year ratable vesting schedule.
- Keefer M. Lehner departed from the Company on January 7, 2026, forfeiting unvested equity awards and non-equity incentive compensation.
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.