Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-04-30

Guild Holdings (GHLD)

Fiscal year 2024 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.

$4,055,742
Terry Schmidt total, FY2024
29th
CEO pay percentile vs peers
CEO-to-median pay ratio
99.92%
Say-on-pay support, latest vote
Companies that benchmark against GHLD
No companies currently name GHLD 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 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Terry Schmidt$700,000$0$1,500,002$0$1,673,913$181,827$4,055,742
Chief Executive Officer and Director
David Neylan600,0000830,0040956,522113,8432,500,369
President and Chief Operating Officer
Desiree Kramer460,0000400,0080476,66764,3191,400,994
Senior Vice President, Chief Financial 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Terry Schmidt$4,055,742
David Neylan2,500,369
Desiree Kramer1,400,994

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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
David NeylanRSU39,537$557,867
Desiree KramerRSU29,652418,390
Desiree KramerRSU29,472415,850
Terry SchmidtRSU29,028409,585
Desiree KramerRSU13,546191,134
David NeylanRSU19,352273,057
Terry SchmidtRSU31,613446,059
Terry SchmidtRSU65,894929,764
Terry SchmidtRSU110,5131,559,338
David NeylanRSU61,152862,855
David NeylanRSU9,485133,833
05

Incentive-plan design — the Compensation Discussion & Analysis

Our current executive compensation program is intended to align executive compensation with our business objectives and to enable us to attract, retain and reward executive officers who contribute to our long-term success.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-05-08416,030,684322,4822,34699.92%Passed
20232023-05-03409,775,2746,16472100%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
20242024-05-0899.92%a
20232023-05-03100%b

a. Approved under the standard stated in the filing — “4 Abstentions will have the same effect as an "Against" vote for Proposal 2.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as an "Against" vote for Proposal 2.”.

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.

09

Board fee structure and ownership guideline

Annual cash retainer$25,000
Annual equity retainer$110,002
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)10,000
Stock ownership guideline
10

Disclosed peer group — fiscal year 2024

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Guild Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Guild Holdings.

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
1Walker & Dunlop, Inc.2025William Walker$1,000,000$13,170,931$0$1,324,821$15,500,252
2Mr. Cooper Group Inc.2024Jay Bray1,000,0007,977,27304,625,00013,618,538
3PennyMac Financial Services, Inc.2025David Spector1,483,3335,437,4442,025,6873,608,25012,660,536
4Radian Group Inc.2025Richard Thornberry1,000,0007,085,3473,120,00011,318,967
5NMI Holdings, Inc.2025Adam Pollitzer975,0006,337,45002,839,20010,209,615
6Enact Holdings, Inc.2025Rohit Gupta1,000,0005,869,86702,610,0009,874,055
7MGIC Investment Corporation2025Timothy Mattke1,050,0004,881,78302,236,2388,369,392
8South State Corporation2025John Corbett1,128,2753,051,21603,384,8257,628,421
9United Bankshares, Inc.2025Richard Adams, Jr.1,131,7312,643,86502,199,1206,140,650
10WSFS Financial Corporation2025Rodger Levenson1,004,5002,562,29301,550,3125,173,260
11Pathward Financial, Inc.2025Brett Pharr755,0772,772,8570948,3344,638,813
12First Interstate BancSystem, Inc.2025James Reuter1,000,0002,534,83201,044,0004,615,009
13Guild Holdings2024Terry Schmidt700,0001,500,00201,673,9134,055,742
14Trustmark Corporation2025Duane Dewey896,000991,90401,507,4733,635,690
15Hilltop Holdings Inc.2025Jeremy Ford800,0002,610,436003,527,281
16Northwest Bancshares, Inc.2025Louis Torchio904,034999,99201,369,1003,396,755
17loanDepot, Inc.2025Frank Martell363,07775,000002,518,273
18Nelnet, Inc.2025Jeffrey Noordhoek906,921275,114002,243,420

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Guild Holdingsnot disclosedRSU 100not disclosedMeridian Compensation Partners
Enact Holdings, Inc.149%PSU 70 · RSU 30NoFW Cook
First Interstate BancSystem, Inc.87%PSU 60 · RSU 40NoPearl Meyer & Partners
Hilltop Holdings Inc.not disclosedPSU 50 · RSU 50NoMeridian
loanDepot, Inc.60%RSU 50 · PSU 50Nonot disclosed
MGIC Investment Corporationnot disclosedPSU 60 · RSU 40NoNot named — referred to only as 'the Compensation Consultant' throughout the CD&A
Mr. Cooper Group Inc.185%PSU 50 · RSU 50Yes — Relative TSRKorn Ferry
Nelnet, Inc.110%RSU 100not disclosedTowers Watson
NMI Holdings, Inc.166.4%PSU 60 · RSU 40NoSemler Brossy
Northwest Bancshares, Inc.190%PSU 50 · RSU 50Yes — Relative Total Shareholder Return (TSR)Pearl Meyer
Pathward Financial, Inc.125%PSU 50 · RSU 50Yes — Relative TSR vs. SPDR S&P Regional Banking ETFPay Governance LLC
PennyMac Financial Services, Inc.84.9%PSU 50 · RSU 25 · Options 25NoPearl Meyer
Radian Group Inc.not disclosedPSU 60 · RSU 40not disclosedWillis Towers Watson
South State Corporation200%PSU 60 · RSU 40NoFW Cook
Trustmark Corporation181%PSU 50 · RSU 50Yes — Total Shareholder Return (TSR) relative to peer groupPearl Meyer
United Bankshares, Inc.152%PSU 60 · RSU 40NoAon's Human Capital Solutions Practice
Walker & Dunlop, Inc.132%not disclosedNoPay Governance
WSFS Financial Corporation154%PSU 60 · RSU 40NoFrederic W. Cook & Co., Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

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, Terry SchmidtDEF 14A2025-04-140001821160-25-000020Section “2024 Summary compensation table” · page 31. As printed: 4,055,742. Filing ↗machine: r2 · c33 · span 396782–396792
2Section 01, David NeylanDEF 14A2025-04-140001821160-25-000020Section “2024 Summary compensation table” · page 31. As printed: 2,500,369. Filing ↗machine: r4 · c33 · span 401881–401891
3Section 01, Desiree KramerDEF 14A2025-04-140001821160-25-000020Section “2024 Summary compensation table” · page 31. As printed: 1,400,994. Filing ↗machine: r6 · c33 · span 406996–407006
4Section 06, 2024 voteForm 8-K2024-05-100001821160-24-000033Item 5.07 · say-on-pay result. As reported: 99.92% (votes for as printed: 416,030,684). Filing ↗
5Section 06, 2023 voteForm 8-K2023-05-080001821160-23-000041Item 5.07 · say-on-pay result. As reported: 100% (votes for as printed: 409,775,274). Filing ↗
6Walker & Dunlop, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038515CEO total compensation as printed in Walker & Dunlop, Inc.'s own proxy. As printed: 15,500,252. Filing ↗machine: t197 · r6 · c14 · span 849398–849408
7Mr. Cooper Group Inc., Section 10b CEO totalDEF 14A2025-04-100001193125-25-077327CEO total compensation as printed in Mr. Cooper Group Inc.'s own proxy. As printed: 13,618,538. Filing ↗machine: r3 · c14 · span 831428–831438
8PennyMac Financial Services, Inc., Section 10b CEO totalDEF 14A2026-04-200001193125-26-164086CEO total compensation as printed in PennyMac Financial Services, Inc.'s own proxy. As printed: 12,660,536. Filing ↗machine: r3 · c26 · span 1032650–1032660
9Radian Group Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140155CEO total compensation as printed in Radian Group Inc.'s own proxy. As printed: 11,318,967. Filing ↗
10NMI Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-260001547903-26-000019CEO total compensation as printed in NMI Holdings, Inc.'s own proxy. As printed: 10,209,615. Filing ↗machine: t110 · r3 · c7 · span 892462–892472
11Enact Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-250001823529-26-000098CEO total compensation as printed in Enact Holdings, Inc.'s own proxy. As printed: 9,874,055. Filing ↗machine: r2 · c24 · span 794504–794513
12MGIC Investment Corporation, Section 10b CEO totalDEF 14A2026-03-200000876437-26-000013CEO total compensation as printed in MGIC Investment Corporation's own proxy. As printed: 8,369,392. Filing ↗machine: r2 · c24 · span 727151–727160
13South State Corporation, Section 10b CEO totalDEF 14A2026-03-030001104659-26-022580CEO total compensation as printed in South State Corporation's own proxy. As printed: 7,628,421. Filing ↗machine: r1 · c6 · span 1308342–1308351
14United Bankshares, Inc., Section 10b CEO totalDEF 14A2026-04-010001193125-26-135771CEO total compensation as printed in United Bankshares, Inc.'s own proxy. As printed: 6,140,650. Filing ↗machine: t103 · r4 · c39 · span 794259–794268
15WSFS Financial Corporation, Section 10b CEO totalDEF 14A2026-04-020000828944-26-000009CEO total compensation as printed in WSFS Financial Corporation's own proxy. As printed: 5,173,260. Filing ↗machine: r2 · c7 · span 2047944–2047953
16Pathward Financial, Inc., Section 10b CEO totalDEF 14A2026-01-140000907471-26-000004CEO total compensation as printed in Pathward Financial, Inc.'s own proxy. As printed: 4,638,813. Filing ↗machine: r2 · c21 · span 1514180–1514189
17First Interstate BancSystem, Inc., Section 10b CEO totalDEF 14A2026-04-160000860413-26-000025CEO total compensation as printed in First Interstate BancSystem, Inc.'s own proxy. As printed: 4,615,009. Filing ↗machine: r2 · c8 · span 1699688–1699697
18Guild Holdings (subject), Section 10b CEO totalDEF 14A2025-04-140001821160-25-000020CEO total compensation as printed in Guild Holdings's own proxy. As printed: 4,055,742. Filing ↗machine: r2 · c33 · span 396782–396792
19Trustmark Corporation, Section 10b CEO totalDEF 14A2026-03-160001193125-26-107265CEO total compensation as printed in Trustmark Corporation's own proxy. As printed: 3,635,690. Filing ↗machine: span 654014–654023
20Hilltop Holdings Inc., Section 10b CEO totalDEF 14A2026-04-300001104659-26-053118CEO total compensation as printed in Hilltop Holdings Inc.'s own proxy. As printed: 3,527,281. Filing ↗machine: t246 · r8 · c18 · span 1479378–1479387
21Northwest Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-090001193125-26-148973CEO total compensation as printed in Northwest Bancshares, Inc.'s own proxy. As printed: 3,396,755. Filing ↗machine: t125 · r3 · c35 · span 546597–546606
22loanDepot, Inc., Section 10b CEO totalDEF 14A2026-04-230001831631-26-000048CEO total compensation as printed in loanDepot, Inc.'s own proxy. As printed: 2,518,273. Filing ↗machine: t73 · r6 · c17 · span 320539–320548
23Nelnet, Inc., Section 10b CEO totalDEF 14A2026-04-020001258602-26-000024CEO total compensation as printed in Nelnet, Inc.'s own proxy. As printed: 2,243,420. Filing ↗machine: r3 · c36 · span 363075–363084
24Section 10a, Trustmark Corporation reciprocityDEF 14A0001193125-26-107265Trustmark Corporation's most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
25Section 10a, Enact Holdings, Inc. reciprocityDEF 14A0001823529-26-000098Enact Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
26Section 10a, Pathward Financial, Inc. reciprocityDEF 14A0000907471-26-000004Pathward Financial, Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
27Section 10a, First Interstate BancSystem, Inc. reciprocityDEF 14A0000860413-26-000025First Interstate BancSystem, Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
28Section 10a, Hilltop Holdings Inc. reciprocityDEF 14A0001104659-26-053118Hilltop Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
29Section 10a, Radian Group Inc. reciprocityDEF 14A0001193125-26-140155Radian Group Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
30Section 10a, South State Corporation reciprocityDEF 14A0001104659-26-022580South State Corporation's most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
31Section 10a, MGIC Investment Corporation reciprocityDEF 14A0000876437-26-000013MGIC Investment Corporation's most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
32Section 10a, Mr. Cooper Group Inc. reciprocityDEF 14A0001193125-25-077327Mr. Cooper Group Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
33Section 10a, United Bankshares, Inc. reciprocityDEF 14A0001193125-26-135771United Bankshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
34Section 10a, Walker & Dunlop, Inc. reciprocityDEF 14A0001104659-26-038515Walker & Dunlop, Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
35Section 10a, NMI Holdings, Inc. reciprocityDEF 14A0001547903-26-000019NMI Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
36Section 10a, WSFS Financial Corporation reciprocityDEF 14A0000828944-26-000009WSFS Financial Corporation's most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗
37Section 10a, Northwest Bancshares, Inc. reciprocityDEF 14A0001193125-26-148973Northwest Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Guild Holdings. Filing ↗