Waterstone Financial (WSBF) executive compensation, 2026 proxy

William F. Bruss, President, Chief Executive Officer, was paid $785,156 in 2025, up 10% from $714,583 the year before. The CEO-to-median-employee pay ratio was 11:1, on median employee pay of $71,809.

Filed
April 9, 2026
Annual meeting
May 19, 2026
Pay year
2025
Named executives
5
CEO total pay
$785,156+10% vs prior year
CEO to median employee
11:1median $71,809
CEO pay in equity
8%$65,848 in awards
Prior say-on-pay support
92%of votes cast
CEO Base Salary
$439,035For fiscal 2025
CEO Stock Awards
$65,848Grant-date fair value
Median Employee Pay
$71,809Annual total compensation
CEO Pay Ratio
10.9:1Against median employee

How Bruss was paid

$785,156 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.

Salary56%Stock awards8%Non-equity incentive27%All other compensation8%

Named executive officers

ExecutiveTotal
William F. BrussPresident, Chief Executive Officer$785,156
Mark R. GerkeChief Financial Officer$561,208
Julie A. GlynnSenior Vice President and Director of Retail$508,629
Ryan J. GordonSenior Vice President and Chief Credit Officer$495,008
Jeffrey R. McGuinessPresident of Waterstone Mortgage Corporation$505,530

What changed and why

  • $785KCEO William F. Bruss received total compensation of $785,156 in fiscal 2025, an increase from $714,583 in fiscal 2024.
  • $71,809The CEO to median employee pay ratio was determined to be 10.9 to 1 based on median employee pay of $71,809.
  • 92%At the 2025 annual meeting, over 92% of the votes cast supported the advisory say-on-pay proposal.
  • The Compensation Committee utilizes return on average assets, earnings per share, and total shareholder return as key performance measures.
  • The company maintains robust stock ownership guidelines and clawback policies for executive officers and directors.

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.