Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-03-27

Newsmax (NMAX)

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.

$1,076,825
Darryle Burnham total, FY2025
Chief Financial Officerhighest-paid officer; CEO Christopher Ruddy: $894,101
CEO (Christopher Ruddy) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against NMAX
No companies currently name NMAX 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
Darryle Burnham$358,250$73,684$0$613,672$0$0$31,219$1,076,825
Chief Financial Officer
Christopher Ruddy400,750145,3850000347,966894,101
Chief Executive Officer
Andrew Brown182,6920092,051009,135283,878
Chief Operating 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
Darryle Burnham$1,076,825
Christopher Ruddy894,101
Andrew Brown283,878

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
Darryle BurnhamRSU22,190$16
Andrew BrownRSU5,5474
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation program consists primarily of base salary, annual incentives, long-term incentives and benefit and perquisite programs. Annual bonuses are discretionary and based on company and individual performance.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedging
Anti-pledging
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$175,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)2,500 / 2,500 / 2,500
Stock ownership guideline
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
1Newsmax2025Christopher Ruddy$400,750$0$0$0$894,101

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, Darryle BurnhamDEF 14A2026-03-270002026478-26-000033Section “Summary Compensation Table” · page 24. As printed: 1,076,825. Filing ↗machine: r6 · c27 · span 317111–317120
2Section 01, Christopher RuddyDEF 14A2026-03-270002026478-26-000033Section “Summary Compensation Table” · page 24. As printed: 894,101. Filing ↗machine: r4 · c27 · span 310998–311005
3Section 01, Andrew BrownDEF 14A2026-03-270002026478-26-000033Section “Summary Compensation Table” · page 24. As printed: 283,878. Filing ↗machine: r8 · c27 · span 323178–323185
4Newsmax (subject), Section 10b CEO totalDEF 14A2026-03-270002026478-26-000033CEO total compensation as printed in Newsmax's own proxy. As printed: 894,101. Filing ↗machine: r4 · c27 · span 310998–311005