Companies Ategrity Specialty Insurance Co Holdings
Ategrity Specialty Insurance (ASIC): executive pay, fiscal 2025
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CEO pay, last three years
- $3,465,312FY2024
- $369,521FY2025
CEO total pay was $369,521 in fiscal 2025, down from $3,465,312 in fiscal 2024.
FY2025: salary $69,521 · bonus $300,000 · stock awards $0 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Chris Schenk | $542,654 | $1,000,000 | $0 | $0 | $0 | $0 | $17,500 | $1,560,154 |
| President and Chief Underwriting Officer | ||||||||
| Neelam Patel | 410,769 | 550,000 | 0 | 0 | 0 | 0 | 46,829 | 1,007,598 |
| Chief Financial Officer | ||||||||
| Justin Cohen | 69,521 | 300,000 | 0 | 0 | 0 | 0 | 0 | 369,521 |
| Chief Executive Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Chris Schenk | $1,560,154 | $1,035,500 | — | ↑ +524,654 |
| Neelam Patel | 1,007,598 | 882,692 | — | ↑ +124,906 |
| Justin Cohen | 369,521 | 3,465,312 | — | ↓ −3,095,791 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The company provides a fixed base salary intended to compensate for services rendered, reflecting the executive's skill set, experience, role, and responsibilities. Long-term incentives are provided through stock options to align executive interests with stockholders, and the company offers a 401(k) plan with matching contributions to incentivize employees.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Chris Schenk | Option | 5,862 | 10.66 | — |
| Chris Schenk | Option | 21,981 | 10.66 | — |
| Neelam Patel | Option | 75,030 | 10.66 | — |
| Chris Schenk | Option | 225,088 | 21.32 | — |
| Chris Schenk | Option | 225,088 | 31.99 | — |
| Chris Schenk | Option | 309,496 | 10.66 | — |
| Justin Cohen | Option | 2,541,407 | 9.38 | — |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Peer group, and who names Ategrity Specialty Insurance as a peer
Companies that benchmark against ASIC
1 company names ASIC as a compensation peer
The list of companies that name ASIC as a peer is temporarily unavailable — recheck shortly.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Ategrity Specialty Insurance Co Holdings | 2025 | Justin Cohen | $69,521 | $0 | $0 | $0 | $369,521 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (5 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Chris Schenk. DEF 14A, filed 2026-04-30. Section “Executive Compensation”. As printed: 1,560,154. View filing ↗
- Section 01, Neelam Patel. DEF 14A, filed 2026-04-30. Section “Executive Compensation”. As printed: 1,007,598. View filing ↗
- Section 01, Justin Cohen. DEF 14A, filed 2026-04-30. Section “Executive Compensation” · page 18. As printed: 369,521. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Ategrity Specialty Insurance Co Holdings (subject), Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Ategrity Specialty Insurance Co Holdings's own proxy. As printed: 369,521. View filing ↗