How Spector was paid
$12.7M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| David A. SpectorChairman and Chief Executive Officer | $1,483,333 | $5,437,444 | $2,025,687 | $3,608,250 | $105,822 | $12,660,536 |
| Doug JonesDirector, President and Chief Mortgage Banking Officer | $1,298,958 | $2,568,626 | $956,938 | $2,547,000 | $116,488 | $7,488,010 |
| Daniel S. PerottiSMD and Chief Financial Officer | $500,000 | $1,499,942 | $558,793 | $1,251,000 | $61,724 | $3,871,459 |
| James FolletteSMD and Chief Digital Officer | $463,542 | $1,049,858 | $391,142 | $983,400 | $63,935 | $2,951,877 |
| Derek W. StarkSMD, Chief Legal Officer and Secretary | $400,000 | $862,416 | $321,298 | $909,000 | $68,508 | $2,561,222 |
What changed and why
- $12.7MDavid A. Spector received total compensation of $12,660,536 for fiscal 2025, representing an increase from the prior year total of $10,595,840.
- $86,394The CEO pay ratio was 147 to 1 relative to the median employee annual total compensation of $86,394.
- 90.7%Stockholder support for the 2025 say-on-pay proposal reached approximately 90.7% of total votes cast.
- Executive compensation is heavily weighted toward annual performance-based incentives and long-term equity awards rather than base salaries.
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.