Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-07

Finance of America Companies (FOA)

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.

$6,933,012
Jeremy Prahm total, FY2025
Chief Investment Officerhighest-paid officer; CEO Graham Fleming: $6,933,012
CEO (Graham Fleming) pay percentile vs peers
CEO-to-median pay ratio
99.68%
Say-on-pay support, latest vote
Companies that benchmark against FOA
No companies currently name FOA 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
Jeremy Prahm$850,000$1,500,000$2,062,512$2,510,000$0$0$10,500$6,933,012
Chief Investment Officer
Graham Fleming850,0001,500,0002,062,5122,510,0000010,5006,933,012
Chief Executive Officer
Kristen Sieffert650,0001,200,0001,837,5161,882,5000011,7005,581,716
President

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
Jeremy Prahm$6,933,012
Graham Fleming6,933,012
Kristen Sieffert5,581,716

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
Graham FlemingPSU700,000$16,947,003
Jeremy PrahmPSU700,00016,946,999
Kristen SieffertPSU400,0009,683,998
Graham FlemingRSU133,3343,228,016
Jeremy PrahmRSU133,3343,228,016
Graham FlemingRSU98,8742,393,740
Jeremy PrahmRSU98,8742,393,740
Graham FlemingRSU40,322976,196
Kristen SieffertRSU88,0882,132,610
Jeremy PrahmRSU40,322976,196
Kristen SieffertRSU83,3342,017,516
Graham FlemingPSU13,680331,193
Kristen SieffertRSU13,440325,382
Jeremy PrahmPSU8,640209,174
Kristen SieffertPSU7,200174,312
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation programs are designed to provide competitive pay opportunities to support the attraction and retention of highly qualified executives while promoting our core values. Our executive compensation programs are structured to be consistent with our pay for performance philosophy and utilize performance measures that are intended to align the executive team’s incentives with the long-term interests of the Company and its stockholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-05-1618,930,01361,7093,02499.68%Passed
20232023-06-08183,447,703350,150687,84099.81%Passed
20222022-06-08162,469,6271,552,00521,83399.05%Passed

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 yearMeeting dateApproval — company's computation
20252025-05-1699.68%a
20232023-06-0899.81%b
20222022-06-0899.05%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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Lance N. WestIndependent · Compensation$100,000$99,992$0$0$199,992
Tyson A. PratcherIndependent · Audit · Compensation100,00099,99200199,992
Norma C. CorioIndependent · Audit (Chair)100,00099,99200199,992
Brian L. LibmanIndependent · Compensation · Nominating and Corporate Governance100,00099,99200199,992
Andrew EssexIndependent · Compensation · Newly elected78,61199,99200178,603
Cory S. GardnerIndependent · Audit · Nominating and Corporate Governance (Chair) · Newly elected78,61199,99200178,603
Robert W. LordIndependent · Not standing for re-election · Departed during FY37,63700037,637
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$100,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$594,859
Equity awards (grant-date value)$599,952
All other compensation$0
Total cost of the board$1,194,811

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
1Finance of America Companies2025Graham Fleming$850,000$2,062,512$2,510,000$0$6,933,012

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, Jeremy PrahmDEF 14A2026-04-070001140361-26-013675Section “Summary Compensation Table” · page 19. As printed: 6,933,012. Filing ↗machine: r6 · c21 · span 342156–342165
2Section 01, Graham FlemingDEF 14A2026-04-070001140361-26-013675Section “Summary Compensation Table” · page 19. As printed: 6,933,012. Filing ↗machine: r2 · c21 · span 326345–326354
3Section 01, Kristen SieffertDEF 14A2026-04-070001140361-26-013675Section “Summary Compensation Table” · page 19. As printed: 5,581,716. Filing ↗machine: r4 · c21 · span 334210–334219
4Section 08, Lance N. WestDEF 14A2026-04-070001140361-26-013675Section “Director Compensation”. As printed: 199,992. Filing ↗machine: span 655557–655564
5Section 08, Tyson A. PratcherDEF 14A2026-04-070001140361-26-013675Section “Director Compensation”. As printed: 199,992. Filing ↗machine: span 653660–653667
6Section 08, Norma C. CorioDEF 14A2026-04-070001140361-26-013675Section “Director Compensation”. As printed: 199,992. Filing ↗machine: span 645980–645987
7Section 08, Brian L. LibmanDEF 14A2026-04-070001140361-26-013675Section “Director Compensation”. As printed: 199,992. Filing ↗machine: span 644256–644263
8Section 08, Andrew EssexDEF 14A2026-04-070001140361-26-013675Section “Director Compensation”. As printed: 178,603. Filing ↗machine: span 648028–648035
9Section 08, Cory S. GardnerDEF 14A2026-04-070001140361-26-013675Section “Director Compensation”. As printed: 178,603. Filing ↗machine: span 649809–649816
10Section 08, Robert W. LordDEF 14A2026-04-070001140361-26-013675Section “Director Compensation”. As printed: 37,637. Filing ↗machine: span 650749–650755
11Section 06, 2025 voteForm 8-K2025-05-210001828937-25-000035Item 5.07 · say-on-pay result. As reported: 99.68% (votes for as printed: 18,930,013). Filing ↗
12Section 06, 2023 voteForm 8-K2023-06-120001828937-23-000063Item 5.07 · say-on-pay result. As reported: 99.81% (votes for as printed: 183,447,703). Filing ↗
13Section 06, 2022 voteForm 8-K2022-06-100001193125-22-172072Item 5.07 · say-on-pay result. As reported: 99.05% (votes for as printed: 162,469,627). Filing ↗
14Section 09b board cost (computed)ComputedcomputedCash 594,859 + equity 599,952 + all other 0 = 1,194,811, summed across the director compensation table rows.machine: formula: Σ = 1,194,811
15Finance of America Companies (subject), Section 10b CEO totalDEF 14A2026-04-070001140361-26-013675CEO total compensation as printed in Finance of America Companies's own proxy. As printed: 6,933,012. Filing ↗machine: r2 · c21 · span 326345–326354