How Timm was paid
$8.2M 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 |
|---|---|---|---|---|---|
| Alexander TimmChief Executive Officer | $750,000 | $5,499,875 | $1,687,500 | $225,973 | $8,163,348 |
| Megan BinkleyChief Financial Officer | $484,704 | $2,624,972 | $562,500 | $10,685 | $3,682,861 |
| Mahtiyar BonakdarpourPresident & Chief Technology Officer | $550,000 | $3,699,991 | $825,000 | $10,685 | $5,085,676 |
| Jonathan AllisonChief Administrative Officer | $520,000 | $2,399,971 | $780,000 | $10,685 | $3,710,656 |
What changed and why
- $8.2MAlexander Timm received total compensation of $8,163,348 in 2025, compared to $10,653,120 in 2024.
- Long-term incentives for named executive officers were granted solely as Performance Share Units.
- 150%The annual incentive program achieved a funding level of 150% of target based on performance.
- 16%Policies in force increased by 16% in 2025 compared to the prior year.
- The company achieved its second consecutive year of profitability in 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.