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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Thomas Gallagher | $2,500,000 | $11,000,000 | $6,720,000 | $877,134 | $0 | $0 | $89,959 | $21,187,093 |
| Chairman and Chief Executive Officer | ||||||||
| Barbara Comly | 1,608,125 | 2,810,000 | 2,240,000 | 591,326 | 0 | 0 | 81,921 | 7,331,372 |
| Executive Vice President, General Counsel and Corporate Secretary | ||||||||
| Douglas Schafer Jr. | 2,075,000 | 2,560,000 | 0 | 591,326 | 0 | 0 | 165,609 | 5,391,935 |
| Executive Vice President and Chief Information Officer | ||||||||
| Lance Emmons | 780,000 | 2,694,000 | 0 | 492,772 | 0 | 0 | 18,200 | 3,984,972 |
| Executive Vice President, Chief Financial Officer | ||||||||
| Shelly Brown | 721,000 | 1,795,000 | 0 | 394,217 | 0 | 0 | 35,914 | 2,946,131 |
| Executive Vice President, Chief Strategy 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 |
|---|---|---|---|---|
| Thomas Gallagher | $21,187,093 | — | — | — |
| Barbara Comly | 7,331,372 | — | — | — |
| Douglas Schafer Jr. | 5,391,935 | — | — | — |
| Lance Emmons | 3,984,972 | — | — | — |
| Shelly Brown | 2,946,131 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Shelly Brown | OPTION | 2025-06-16 | — | — | 50,000 | — | $394,217 |
| Barbara Comly | RSU | 2025-06-16 | — | — | 100,000 | — | 2,240,000 |
| Barbara Comly | OPTION | 2025-06-16 | — | — | 75,000 | — | 591,326 |
| Lance Emmons | OPTION | 2025-06-16 | — | — | 62,500 | — | 492,772 |
| Thomas Gallagher | OPTION | 2025-06-16 | — | — | 111,250 | — | 877,134 |
| Thomas Gallagher | RSU | 2025-06-16 | — | — | 300,000 | — | 6,720,000 |
| Douglas Schafer Jr. | OPTION | 2025-06-16 | — | — | 75,000 | — | 591,326 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Shelly Brown | $0 | $0 | $394,217 | 0.0% |
| Barbara Comly | 2,240,000 | 0 | 591,326 | 0.0% |
| Lance Emmons | 0 | 0 | 492,772 | 0.0% |
| Thomas Gallagher | 6,720,000 | 0 | 877,134 | 0.0% |
| Douglas Schafer Jr. | 0 | 0 | 591,326 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Thomas Gallagher | RSU | 441,666 | — | $19,601,137 |
| Douglas Schafer Jr. | RSU | 400,000 | — | 17,752,000 |
| Lance Emmons | RSU | 16,666 | — | 739,637 |
| Thomas Gallagher | Option | 375,000 | 12 | — |
| Thomas Gallagher | Option | 300,000 | 12 | — |
| Thomas Gallagher | Option | 250,000 | 12 | — |
| Thomas Gallagher | Option | 300,000 | 15.22 | — |
| Thomas Gallagher | Option | 375,000 | 16.14 | — |
| Thomas Gallagher | Option | 111,250 | 22.4 | — |
| Lance Emmons | Option | 102,779 | 13.5 | — |
| Lance Emmons | Option | 125,000 | 15.22 | — |
| Lance Emmons | Option | 68,804 | 16.14 | — |
| Lance Emmons | Option | 58,333 | 19.84 | — |
| Lance Emmons | Option | 66,666 | 20.08 | — |
| Lance Emmons | Option | 62,500 | 22.4 | — |
| Douglas Schafer Jr. | Option | 150,000 | 12 | — |
| Douglas Schafer Jr. | Option | 200,000 | 12 | — |
| Douglas Schafer Jr. | Option | 150,000 | 15.22 | — |
| Douglas Schafer Jr. | Option | 150,000 | 16.14 | — |
| Douglas Schafer Jr. | Option | 41,666 | 19.84 | — |
| Douglas Schafer Jr. | Option | 100,000 | 20.08 | — |
| Douglas Schafer Jr. | Option | 75,000 | 22.4 | — |
| Barbara Comly | Option | 150,000 | 15.22 | — |
| Barbara Comly | Option | 150,000 | 12 | — |
| Barbara Comly | Option | 150,000 | 16.14 | — |
| Barbara Comly | Option | 41,666 | 19.84 | — |
| Barbara Comly | Option | 66,666 | 20.08 | — |
| Barbara Comly | Option | 75,000 | 22.4 | — |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-16 | 49,020,028 | 17,331,303 | 972,646 | 73.88% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-16 | 73.88%a |
a. 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.
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 20,000 / 20,000 |
| 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 | Miami International Holdings | 2025 | Thomas Gallagher | $2,500,000 | $6,720,000 | $877,134 | $0 | $21,187,093 |
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.
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, Thomas Gallagher | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation”. As printed: 21,187,093. Filing ↗machine: r3 · c7 · span 901905–901915 |
| 2 | Section 01, Barbara Comly | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation”. As printed: 7,331,372. Filing ↗machine: r13 · c7 · span 936251–936260 |
| 3 | Section 01, Douglas Schafer Jr. | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation”. As printed: 5,391,935. Filing ↗machine: r9 · c7 · span 922020–922029 |
| 4 | Section 01, Lance Emmons | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation”. As printed: 3,984,972. Filing ↗machine: r7 · c7 · span 916043–916052 |
| 5 | Section 01, Shelly Brown | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation”. As printed: 2,946,131. Filing ↗machine: r17 · c7 · span 950036–950045 |
| 6 | Section 03, Shelly Brown OPTION | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1035160–1035167 |
| 7 | Section 03, Barbara Comly RSU | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1032397–1032406 |
| 8 | Section 03, Barbara Comly OPTION | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1029968–1029975 |
| 9 | Section 03, Lance Emmons OPTION | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1024403–1024410 |
| 10 | Section 03, Thomas Gallagher OPTION | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1019212–1019219 |
| 11 | Section 03, Thomas Gallagher RSU | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1021641–1021650 |
| 12 | Section 03, Douglas Schafer Jr. OPTION | DEF 14A | 2026-04-27 | 0001628280-26-027312 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1027191–1027198 |
| 13 | Section 06, 2026 vote | Form 8-K | 2026-06-18 | 0001438472-26-000032 | Item 5.07 · say-on-pay result. As reported: 73.88% (votes for as printed: 49,020,028). Filing ↗ |
| 14 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 15 | Miami International Holdings (subject), Section 10b CEO total | DEF 14A | 2026-04-27 | 0001628280-26-027312 | CEO total compensation as printed in Miami International Holdings's own proxy. As printed: 21,187,093. Filing ↗machine: r3 · c7 · span 901905–901915 |