How Burgess was paid
$40.5M 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 | Options | Other | Total |
|---|---|---|---|---|---|---|
| Trevor BurgessChief Executive Officer and Chairman | $400,000 | $300 | $39,659,280 | $444,212 | $14,000 | $40,517,792 |
| Jim SteinerChief Financial Officer, Secretary and Director | $331,250 | $1,300 | $10,713,300 | $1,087,387 | $13,302 | $12,146,539 |
| Matt DuffyPresident and Chief Risk Officer, Neptune Flood | $312,500 | $1,300 | $15,837,060 | $1,214,305 | $12,522 | $17,377,687 |
What changed and why
- $40.5MCEO total compensation increased to $40,517,792 in 2025 following the company's initial public offering.
- $39.7MStock awards of $39,659,280 were granted to the CEO under the 2025 Equity Incentive Plan.
- Named executive officers received discretionary bonuses approved by the Board for fiscal year 2025.
- Option awards vest according to pre-IPO time-based and performance-vesting conditions linked to liquidity events.
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.