Companies Figure Technology Solutions, Inc.
Figure Technology Solutions (FIGR): executive pay, fiscal 2025
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CEO pay, last three years
- $9,860,957FY2025
CEO total pay was $9,860,957 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $424,715 · bonus $715,385 · stock awards $5,571,719 · option awards $2,857,586
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Executives and directors
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 |
|---|---|---|---|---|---|---|---|---|
| Michael Tannenbaum | $424,715 | $715,385 | $5,571,719 | $2,857,586 | $291,552 | $0 | $0 | $9,860,957 |
| Chief Executive Officer and Director | ||||||||
| Macrina Kgil | 450,000 | 300,000 | 442,986 | 232,507 | 236,375 | 0 | 0 | 1,661,868 |
| Chief Financial Officer | ||||||||
| Todd Stevens | 350,000 | — | 0 | 0 | 257,797 | 0 | 0 | 607,797 |
| Chief Capital 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 |
|---|---|---|---|---|
| Michael Tannenbaum | $9,860,957 | — | — | — |
| Macrina Kgil | 1,661,868 | — | — | — |
| Todd Stevens | 607,797 | — | — | — |
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 comp
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners |
| Clawback policy | true |
| Anti-hedging | — |
| Anti-pledging | — |
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 |
|---|---|---|---|---|
| Todd Stevens | Option | 6,089 | 3.23 | — |
| Todd Stevens | Option | 6,805 | 4.96 | — |
| Macrina Kgil | PSU | 31,612 | — | 332,242 |
| Macrina Kgil | Option | 31,612 | 10.51 | — |
| Todd Stevens | Option | 131,771 | 4.96 | — |
| Michael Tannenbaum | Option | 309,246 | 10.51 | — |
| Michael Tannenbaum | PSU | 364,468 | — | 3,830,559 |
| Todd Stevens | Option | 446,615 | 4.82 | — |
| Macrina Kgil | PSU | 506,250 | — | 2,440,125 |
| Macrina Kgil | Option | 506,250 | 4.82 | — |
| Todd Stevens | PSU | 612,500 | — | 2,952,250 |
| Michael Tannenbaum | Option | 2,675,955 | 4.82 | — |
| Michael Tannenbaum | PSU | 2,867,094 | — | 13,819,393 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Michael CagneyNot independent · Board Chair | $0 | $126,703,131 | $42,159,234 | $0 | $141,600 | $169,003,965 |
| Lesley GoldwasserIndependent | 28,955 | 237,850 | 0 | 0 | 0 | 266,805 |
| Adam BoydenIndependent · Lead Independent Director · Nominating and Corporate Governance (Chair) | 18,288 | 0 | 0 | 0 | 0 | 18,288 |
| David Katsujin ChaoIndependent · Compensation (Chair) | 10,668 | 0 | 0 | 0 | 0 | 10,668 |
| Sachin JaitlyIndependent · Audit (Chair) | 7,620 | 0 | 0 | 0 | 0 | 7,620 |
| Daniel MoreheadIndependent | 3,048 | 0 | 0 | 0 | 0 | 3,048 |
| June OuNot independent | 0 | 0 | 0 | 0 | 0 | 0 |
| Michael TannenbaumEmployee director | 0 | 0 | 0 | 0 | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $100,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 25,000 / 25,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $68,579 |
| Equity awards (grant-date value) | $126,940,981 |
| All other compensation | $141,600 |
| Total cost of the board | $127,151,160 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Figure Technology Solutions as a peer
Companies that benchmark against FIGR
No companies currently name FIGR as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
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 | Figure Technology Solutions, Inc. | 2025 | Michael Tannenbaum | $424,715 | $5,571,719 | $2,857,586 | $291,552 | $9,860,957 |
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
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-04 | — | — | — | — | — |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-04 | —a |
a. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (14 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, Michael Tannenbaum. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 9,860,957. View filing ↗
- Section 01, Macrina Kgil. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,661,868. View filing ↗
- Section 01, Todd Stevens. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 607,797. View filing ↗
- Section 08, Michael Cagney. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 169,003,965. View filing ↗
- Section 08, Lesley Goldwasser. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 266,805. View filing ↗
- Section 08, Adam Boyden. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 18,288. View filing ↗
- Section 08, David Katsujin Chao. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 10,668. View filing ↗
- Section 08, Sachin Jaitly. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 7,620. View filing ↗
- Section 08, Daniel Morehead. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 3,048. View filing ↗
- Section 08, June Ou. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Michael Tannenbaum. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-10. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 09b board cost (computed). Computed. Cash 68,579 + equity 126,940,981 + all other 141,600 = 127,151,160, summed across the director compensation table rows.
- Figure Technology Solutions, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Figure Technology Solutions, Inc.'s own proxy. As printed: 9,860,957. View filing ↗