CEO D Cerminara was paid $1,398,739 in fiscal year 2025 (SEC filing 0001493152-26-046532 ↗): 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.
$1,398,739 D Cerminara total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | 98.91% Say-on-pay support, latest vote |
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FGC's next annual pay disclosure, estimated October 9, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| D Cerminara | $0 | $200,000 | $1,023,750 | $0 | $0 | $0 | $174,989 | $1,398,739 |
| Chief Executive Officer | ||||||||
| Larry Swets | 550,000 | 200,000 | 591,500 | 0 | 0 | 0 | 38,768 | 1,380,268 |
| Head of Merchant Banking and Former President & Chief Executive Officer | ||||||||
| Maja Vujinovic | 200,000 | 125,000 | 773,500 | 0 | 0 | 0 | 2,771 | 1,101,271 |
| CEO of Digital Assets | ||||||||
| Mark Roberson | 400,000 | 175,000 | 0 | 0 | 0 | 0 | 11,319 | 586,319 |
| Chief Financial Officer | ||||||||
| Todd Major | 325,000 | 175,000 | 0 | 0 | 0 | 0 | 9,433 | 509,433 |
| Chief Accounting 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 |
|---|---|---|---|---|
| D Cerminara | $1,398,739 | $633,500 | — | ↑ +765,239 |
| Larry Swets | 1,380,268 | 593,015 | — | ↑ +787,253 |
| Maja Vujinovic | 1,101,271 | — | — | — |
| Mark Roberson | 586,319 | 382,883 | — | ↑ +203,436 |
| Todd Major | 509,433 | 318,883 | — | ↑ +190,550 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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No insider equity transactions reported since the proxy statement.
We design our executive compensation programs to implement our core objectives of attracting key leaders, motivating our executives to remain with the Company for long and productive careers, rewarding sustained financial and operating performance and leadership excellence and aligning the long-term interests of our executives with those of our stockholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-12-30 | 17,594,033 | 193,773 | 870,925 | 98.91% | Passed |
| 2024 | 2024-12-19 | 576,704 | 12,233 | 2,386 | 97.92% | Passed |
| 2021 | 2021-12-15 | 4,024,832 | 56,974 | 6,215 | 98.6% | Passed |
| 2020 | 2020-12-14 | 3,305,838 | 675,575 | 2,085 | 83.03% | Passed |
| 2019 | 2019-12-17 | — | — | — | — | — |
| 2018 | 2018-05-31 | — | — | — | — | — |
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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-12-30 | 98.91%a |
| 2024 | 2024-12-19 | 97.92%b |
| 2021 | 2021-12-15 | 98.6%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. 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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Scott D. WollneyIndependent · Lead Independent Director · Audit Committee (Chair) · Compensation and Management Resources Committee | $0 | $116,989 | — | — | — | $116,989 |
| Michael C. MitchellIndependent · Compensation and Management Resources Committee (Chair) · Nominating and Corporate Governance Committee | 0 | 106,989 | — | — | — | 106,989 |
| Richard E. Govignon JrIndependent · Nominating/Governance (Chair) | 0 | 104,989 | — | — | — | 104,989 |
| Rita HayesIndependent · Audit Committee · Compensation and Management Resources Committee | 0 | 103,989 | — | — | — | 103,989 |
| Ndamukong SuhIndependent · Nominating and Corporate Governance Committee | 0 | 101,989 | — | — | — | 101,989 |
| Robert J. RoschmanIndependent · Audit Committee | 0 | 101,989 | — | — | — | 101,989 |
| D. Kyle CerminaraEmployee director · Board Chair | 0 | 0 | — | — | — | 0 |
| Maja VujinovicEmployee director · Not standing for re-election · Departed during FY | 0 | 0 | — | — | — | 0 |
| Jose VargasEmployee director | 0 | 0 | — | — | — | 0 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $0 |
| Equity awards (grant-date value) | $636,934 |
| All other compensation | $0 |
| Total cost of the board | $636,934 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | FGC | 2025 | D Cerminara | $0 | $1,023,750 | $0 | $0 | $1,398,739 |
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's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, D Cerminara | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Executive Compensation”. As printed: 1,398,739. Filing ↗machine: r1 · c23 · span 373343–373352 |
| 2 | Section 01, Larry Swets | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Executive Compensation”. As printed: 1,380,268. Filing ↗machine: r7 · c23 · span 396096–396105 |
| 3 | Section 01, Maja Vujinovic | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Executive Compensation”. As printed: 1,101,271. Filing ↗machine: r9 · c23 · span 403710–403719 |
| 4 | Section 01, Mark Roberson | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Executive Compensation”. As printed: 586,319. Filing ↗machine: r3 · c23 · span 380932–380939 |
| 5 | Section 01, Todd Major | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Executive Compensation”. As printed: 509,433. Filing ↗machine: r5 · c23 · span 388507–388514 |
| 6 | Section 08, Scott D. Wollney | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 116,989. Filing ↗machine: span 304758–304829 |
| 7 | Section 08, Michael C. Mitchell | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 106,989. Filing ↗machine: span 294651–294722 |
| 8 | Section 08, Richard E. Govignon Jr | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 104,989. Filing ↗machine: span 292632–292703 |
| 9 | Section 08, Rita Hayes | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 103,989. Filing ↗machine: span 290586–290657 |
| 10 | Section 08, Ndamukong Suh | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 101,989. Filing ↗machine: span 298693–298764 |
| 11 | Section 08, Robert J. Roschman | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 101,989. Filing ↗machine: span 296680–296751 |
| 12 | Section 08, D. Kyle Cerminara | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 13 | Section 08, Maja Vujinovic | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Jose Vargas | DEF 14A | 2026-10-09 | 0001493152-26-046532 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 06, 2025 vote | Form 8-K | 2025-12-31 | 0001493152-25-029720 | Item 5.07 · say-on-pay result. As reported: 98.91% (votes for as printed: 17,594,033). Filing ↗ |
| 16 | Section 06, 2024 vote | Form 8-K | 2024-12-20 | 0001493152-24-050926 | Item 5.07 · say-on-pay result. As reported: 97.92% (votes for as printed: 576,704). Filing ↗ |
| 17 | Section 06, 2021 vote | Form 8-K | 2021-12-17 | 0001493152-21-031813 | Item 5.07 · say-on-pay result. As reported: 98.6% (votes for as printed: 4,024,832). Filing ↗ |
| 18 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 19 | Section 09b board cost (computed) | Computed | — | — | Cash 0 + equity 636,934 + all other 0 = 636,934, summed across the director compensation table rows.machine: formula: Σ = 636,934 |
| 20 | FGC (subject), Section 10b CEO total | DEF 14A | 2026-10-09 | 0001493152-26-046532 | CEO total compensation as printed in FGC's own proxy. As printed: 1,398,739. Filing ↗machine: r1 · c23 · span 373343–373352 |
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