CEO Justin Cohen was paid $369,521 in fiscal year 2025, ↓ down 89.3% from fiscal year 2024 (SEC filing 0002040491-26-000020 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$1,560,154 Chris Schenk total, FY2025 President and Chief Underwriting Officer — highest-paid officer; CEO Justin Cohen: $369,521 | — CEO (Justin Cohen) pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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| 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.
| 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.
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Each company listed discloses ASIC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ASIC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Justin Cohen | Option | 2,541,407 | 9.38 | — |
| Chris Schenk | Option | 309,496 | 10.66 | — |
| Chris Schenk | Option | 225,088 | 21.32 | — |
| Chris Schenk | Option | 225,088 | 31.99 | — |
| Chris Schenk | Option | 5,862 | 10.66 | — |
| Chris Schenk | Option | 21,981 | 10.66 | — |
| Neelam Patel | Option | 75,030 | 10.66 | — |
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 |
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
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.
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Chris Schenk | DEF 14A | 2026-04-30 | 0002040491-26-000020 | Section “Executive Compensation”. As printed: 1,560,154. View filing ↗ |
| 2 | Section 01, Neelam Patel | DEF 14A | 2026-04-30 | 0002040491-26-000020 | Section “Executive Compensation”. As printed: 1,007,598. View filing ↗ |
| 3 | Section 01, Justin Cohen | DEF 14A | 2026-04-30 | 0002040491-26-000020 | Section “Executive Compensation”. As printed: 369,521. View filing ↗ |
| 4 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer. |
| 5 | Ategrity Specialty Insurance Co Holdings (subject), Section 10b CEO total | DEF 14A | 2026-04-30 | 0002040491-26-000020 | CEO total compensation as printed in Ategrity Specialty Insurance Co Holdings's own proxy. As printed: 369,521. View filing ↗ |