How Murphy was paid
$4.2M 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 |
|---|---|---|---|---|---|
| George M. MurphyPresident and Chief Executive Officer | $850,000 | — | $1,476,880 | $760,958 | $4,187,838 |
| Christopher T. WhitfordVice President, Chief Financial Officer and Treasurer | $464,000 | $425,000 | $386,980 | $312,180 | $1,588,160 |
| Paul J. NarcisoVice President and Chief Information Officer | $341,500 | $350,000 | $284,810 | $251,799 | $1,228,109 |
| Stephen A. VargaVice President and Chief Claims Officer | $375,000 | $400,000 | $312,750 | $255,190 | $1,342,940 |
| John P. DragoVice President | $300,000 | $375,000 | $250,200 | $193,460 | $1,118,660 |
What changed and why
- $4.2MCEO George M. Murphy received total compensation of $4,187,838 in fiscal 2025, an increase from $3,679,625 in 2024.
- 139%The 2025 annual incentive bonus was funded above target at 139% of the target payout.
- 0%The 2023-2025 performance awards granted on February 22, 2023 had an actual payout of 0%.
- 55%Stock awards granted in 2025 consisted of 55% performance-based restricted shares and 45% time-based restricted shares.
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.