Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-24

Figure Technology Solutions (FIGR)

Fiscal year 2025 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.

$9,860,957
Michael Tannenbaum total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
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.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
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 Kgil450,000300,000442,986232,507236,375001,661,868
Chief Financial Officer
Todd Stevens350,000000257,79700607,797
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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Michael Tannenbaum$9,860,957
Macrina Kgil1,661,868
Todd Stevens607,797

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael TannenbaumRSU2,867,094$13,819,393
Michael TannenbaumRSU364,4683,830,559
Todd StevensRSU612,5002,952,250
Macrina KgilRSU506,2502,440,125
Macrina KgilRSU31,612332,242
Michael TannenbaumOption2,675,9554.82
Michael TannenbaumOption309,24610.51
Macrina KgilOption506,2504.82
Macrina KgilOption31,61210.51
Todd StevensOption131,7714.96
Todd StevensOption6,8054.96
Todd StevensOption446,6154.82
Todd StevensOption6,0893.23
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company aims to attract and retain top talent by providing competitive compensation packages that align executive interests with stockholder value creation, utilizing a mix of base salary, quarterly performance-based bonuses, and long-term equity incentives.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners
Clawback policytrue
Anti-hedging
Anti-pledging
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael CagneyEmployee director · Board Chair$0$126,703,131$42,159,234$141,600$169,003,965
Lesley GoldwasserIndependent · Compensation · Audit28,955237,85000266,805
Adam BoydenIndependent · Nominating and Corporate Governance (Chair)18,28800018,288
David Katsujin ChaoIndependent · Compensation (Chair)10,66800010,668
Sachin JaitlyIndependent · Audit (Chair)7,6200007,620
Daniel MoreheadIndependent · Nominating and Corporate Governance3,0480003,048
June OuNot independent · Compensation · Audit00000
Michael TannenbaumEmployee director0
09

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
09b

Total cost of the board

ComponentFY2025
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.

10b

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Figure Technology Solutions2025Michael 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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Michael TannenbaumDEF 14A2026-04-240002064124-26-000020Section “Executive Compensation”. As printed: 9,860,957. Filing ↗machine: r3 · c21 · span 322783–322792
2Section 01, Macrina KgilDEF 14A2026-04-240002064124-26-000020Section “Executive Compensation”. As printed: 1,661,868. Filing ↗machine: r5 · c21 · span 327817–327826
3Section 01, Todd StevensDEF 14A2026-04-240002064124-26-000020Section “Executive Compensation”. As printed: 607,797. Filing ↗machine: r7 · c21 · span 332355–332362
4Section 08, Michael CagneyDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 169,003,965. Filing ↗machine: span 457521–457532
5Section 08, Lesley GoldwasserDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 266,805. Filing ↗machine: span 462028–462035
6Section 08, Adam BoydenDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 18,288. Filing ↗machine: span 458107–458113
7Section 08, David Katsujin ChaoDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 10,668. Filing ↗machine: span 459611–459617
8Section 08, Sachin JaitlyDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 7,620. Filing ↗machine: span 462612–462617
9Section 08, Daniel MoreheadDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 3,048. Filing ↗machine: span 464110–464115
10Section 08, June OuDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 0. Filing ↗
11Section 08, Michael TannenbaumDEF 14A2026-04-240002064124-26-000020Section “Director Compensation”. As printed: 0. Filing ↗
12Section 09b board cost (computed)ComputedcomputedCash 68,579 + equity 126,940,981 + all other 141,600 = 127,151,160, summed across the director compensation table rows.machine: formula: Σ = 127,151,160
13Figure Technology Solutions (subject), Section 10b CEO totalDEF 14A2026-04-240002064124-26-000020CEO total compensation as printed in Figure Technology Solutions's own proxy. As printed: 9,860,957. Filing ↗machine: r3 · c21 · span 322783–322792