Netcapital (NCPL) executive compensation, 2025 proxy

Martin Kay, Chief Executive Officer, was paid $375,777 in 2025, up 11% from $340,000 the year before.

Filed
August 14, 2025
Annual meeting
September 11, 2025
Pay year
2025
Named executives
3
CEO total pay
$375,777+11% vs prior year
CFO total compensation
$275,7772025 Summary Compensation Table
Founder total compensation
$225,2612025 Summary Compensation Table
CEO 2024 total
$340,000Prior-year comparison
CFO 2024 total
$265,000Prior-year comparison
Founder 2024 total
$228,034Prior-year comparison

How Kay was paid

$375,777 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.

Salary80%Bonus20%

Named executive officers

ExecutiveTotal
Martin KayChief Executive Officer$375,777
Coreen KrayslerChief Financial Officer$275,777
Jason FrishmanFounder$225,261

What changed and why

  • $75,000$75,000 bonus increased from $40,000 in 2024 for Martin Kay.
  • $50,000$50,000 bonus increased from $40,000 in 2024 for Coreen Kraysler.
  • $301K2025 salaries were $300,777 for Kay, $225,777 for Kraysler, and $225,261 for Frishman.
  • Bonuses recognized year-end completion, equity financing, and broker-dealer license efforts.
  • The Company has no formal bonus formula and considers company performance and individual contributions.
  • No stock options were granted to named executive officers during fiscal 2025.

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.