Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-29

NorthEast Community Bancorp, Inc. (NECB)

CEO Kenneth Martinek was paid $1,259,679 in fiscal year 2025, ↑ up 10.0% from fiscal year 2024 (SEC filing 0001104659-26-041983 ↗): 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.

$1,259,679 ↑
Kenneth Martinek total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Kenneth Martinek (Chairman and Chief Executive Officer), FY2025 total compensation $1,259,679 (base salary $670,000) [exec_comp, SEC accession 0001104659-26-041983, filed 2026-04-10]

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NECB's next annual pay disclosure, estimated April 9, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kenneth Martinek$670,000$0$0$0$463,213$0$126,466$1,259,679
Chairman and Chief Executive Officer
Jose Collazo556,000000384,3980104,4251,044,823
President and Chief Operating Officer
Donald Hom360,000000177,779066,553604,332
Executive Vice President and 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Kenneth Martinek$1,259,679$1,145,500—↑ +114,179
Jose Collazo1,044,823897,724660,053↑ +147,099
Donald Hom604,332587,370478,648↑ +16,962

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

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$1,259,679 Kenneth Martinek total, FY2025

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Data as of July 29, 2026 · Source: 0001104659-26-041983 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against NECB
2 companies name NECB as a compensation peer

Each company listed discloses NECB in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NECB in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Charles A. MartinekDirector—
Charles M. CirilloIndependent Director$78,971
Diane B. CavanaughIndependent Director$66,971
Eugene M. MagierIndependent Director$63,971
Joel L. MorgenthauIndependent Director$54,300
John F. McKenzieIndependent Director$63,971
Kenneth H. ThomasIndependent Director$64,971
Linda M. SwanFormer director (through FY2025)$88,178
Lynette W. BennettDirector—
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Eugene M. MagierDirector2026-07-15D9,608$0$0CommonForm 4 ↗
Eugene M. MagierDirector2026-07-15D3,54600CommonForm 4 ↗
Donald HomEVP and CFO2026-07-29D3,0002781,593CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jose CollazoOption54,79014.08—
Jose CollazoRSU21,916—495,520
Donald HomRSU13,307—300,871
MartinekOption86,10014.08—
MartinekRSU34,440—778,688
Donald HomOption33,26514.08—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy is designed to align the interests of our officers with the overall performance of the Company, including our named executive officers. These incentive award opportunities and performance metrics under the 2025 Annual Incentive Plan are in line with the Company's compensation philosophy of paying market competitive compensation in line with each executive's roles and responsibilities at the Company and the Bank and aligning pay with performance.

CEO STI target (% of salary)35%
CEO LTI target (% of salary)—
Independent consultant—
Clawback policyTrue
Anti-hedgingtrue
Anti-pledgingFalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20222022-09-29—————

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
20222022-09-29—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.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Linda M. SwanIndependent · Departed during FY$53,300$0$0$0$34,878$88,178
Charles M. CirilloIndependent · Audit (Chair) · Nominating/Corporate Governance74,3000004,67178,971
Diane B. CavanaughIndependent · Compensation (Chair) · Nominating/Corporate Governance62,3000004,67166,971
Kenneth H. ThomasIndependent · Nominating/Corporate Governance (Chair)60,3000004,67164,971
John F. McKenzieIndependent · Audit · Compensation59,3000004,67163,971
Eugene M. MagierIndependent · Audit · Compensation59,3000004,67163,971
Joel L. MorgenthauIndependent54,300000—54,300
Kenneth A. MartinekEmployee director · Board Chair000—00
Lynette W. BennettNewly elected000000
Charles A. MartinekEmployee director000—00
Jose M. CollazoEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$25,500
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)4,000 / 4,000 / 4,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$423,100
Equity awards (grant-date value)$0
All other compensation$58,233
Total cost of the board$481,333

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
1NorthEast Community Bancorp, Inc.2025Kenneth Martinek$670,000$0$0$463,213$1,259,679

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.

10d

Frequently asked questions

Who was the highest-paid executive at NorthEast Community Bancorp, Inc. in fiscal 2025?
As disclosed, Kenneth Martinek (Chairman and Chief Executive Officer) was the highest-paid executive at NorthEast Community Bancorp, Inc. in fiscal 2025, with total compensation of $1,259,679.
How much does NorthEast Community Bancorp, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, NorthEast Community Bancorp, Inc. reported total board compensation of $481,333 for fiscal 2025.

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.

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, Kenneth MartinekDEF 14A2026-04-100001104659-26-041983Section “Summary Compensation Table”. As printed: 1,259,679. Filing ↗machine: r1 · c30 · span 210214–210223
2Section 01, Jose CollazoDEF 14A2026-04-100001104659-26-041983Section “Summary Compensation Table”. As printed: 1,044,823. Filing ↗machine: r5 · c30 · span 223677–223686
3Section 01, Donald HomDEF 14A2026-04-100001104659-26-041983Section “Summary Compensation Table”. As printed: 604,332. Filing ↗machine: r9 · c30 · span 236821–236828
4Section 07, pay ratio10-K2026-03-130001104659-26-027566Section “CEO Pay Ratio”. As printed: —. Filing ↗
5Section 08, Linda M. SwanDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 88,178. Filing ↗machine: t52 · r6 · c23 · span 332756–332762
6Section 08, Charles M. CirilloDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 78,971. Filing ↗machine: t52 · r2 · c23 · span 324476–324482
7Section 08, Diane B. CavanaughDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 66,971. Filing ↗machine: t52 · r1 · c23 · span 322400–322406
8Section 08, Kenneth H. ThomasDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 64,971. Filing ↗machine: t52 · r7 · c23 · span 334831–334837
9Section 08, John F. McKenzieDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 63,971. Filing ↗machine: t52 · r4 · c23 · span 328613–328619
10Section 08, Eugene M. MagierDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 63,971. Filing ↗machine: t52 · r3 · c23 · span 326550–326556
11Section 08, Joel L. MorgenthauDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 54,300. Filing ↗machine: t52 · r5 · c3 · span 329107–329113
12Section 08, Kenneth A. MartinekDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Lynette W. BennettDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 0. Filing ↗
14Section 08, Charles A. MartinekDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Jose M. CollazoDEF 14A2026-04-100001104659-26-041983Section “Director Compensation”. As printed: 0. Filing ↗
16Section 02, Eugene M. Magier 2026-07-15Form 42026-07-170001225208-26-006642Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Eugene M. Magier 2026-07-15Form 42026-07-170001225208-26-006642Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Donald Hom 2026-07-29Form 42026-07-290001225208-26-006817Insider equity transaction reported since the proxy statement. Filing ↗
19Section 06, 2022 voteForm 8-K2022-09-300001104659-22-104536Item 5.07 · say-on-pay result. As reported: — (votes for as printed: 8,726,501). Filing ↗
20Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
21Section 09b board cost (computed)Computed——Cash 423,100 + equity 0 + all other 58,233 = 481,333, summed across the director compensation table rows.machine: formula: Σ = 481,333
22NorthEast Community Bancorp, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-100001104659-26-041983CEO total compensation as printed in NorthEast Community Bancorp, Inc.'s own proxy. As printed: 1,259,679. Filing ↗machine: r1 · c30 · span 210214–210223

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NECB Peer Teardown Report