Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-12

Ponce Financial Group, Inc. (PDLB)

CEO Carlos Naudon was paid $1,547,751 in fiscal year 2025, ↑ up 30.5% from fiscal year 2024 (SEC filing 0001193125-26-168750 ↗): 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.

$1,547,751 ↑
Carlos Naudon total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
65.41%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Carlos Naudon (President and Chief Executive Officer), FY2025 total compensation $1,547,751 (base salary $674,375) [exec_comp, SEC accession 0001193125-26-168750, filed 2026-04-22]

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PDLB's next annual pay disclosure, estimated April 21, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Carlos Naudon$674,375$491,322$0$0$0$0$382,054$1,547,751
President and Chief Executive Officer
Steven Tsavaris660,000430,0720000180,4331,270,505
Executive Chairman
Sergio Vaccaro386,568137,50066,550120,8000068,552779,970
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
Carlos Naudon$1,547,751$1,185,667—↑ +362,084
Steven Tsavaris1,270,5051,136,626—↑ +133,879
Sergio Vaccaro779,970547,390—↑ +232,580

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

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$1,547,751 Carlos Naudon total, FY2025

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Data as of June 12, 2026 · Source: 0001193125-26-168750 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against PDLB
4 companies name PDLB as a compensation peer

Each company listed discloses PDLB 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 PDLB 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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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Carlos NaudonCEO$1,547,751
Sergio VaccaroCFO$779,970
Steven TsavarisExecutive Chairman$1,270,505
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
James C. DemetriouIndependent Director$90,000
James PerezIndependent Director$84,000
Julio GurmanFormer director (through FY2025)$84,000
Maria AlvarezIndependent Director$84,000
Marlene CintronIndependent Director—
Nick R. LugoIndependent Director$84,000
William FeldmanFormer director (through FY2025)$84,000
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sergio VaccaroOTHER—————$66,550
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Sergio VaccaroOption3,00011.08—
Carlos NaudonOption24,00010.89—
Steven TsavarisOption24,00010.7—
Carlos NaudonOption24,00010.7—
Sergio VaccaroOption3,00010.89—
Steven TsavarisRSU126,886—2,074,586
Sergio VaccaroOption20,00013.31—
Sergio VaccaroRSU5,000—81,750
Sergio VaccaroOption3,00010.7—
Sergio VaccaroRSU21,000—343,350
Carlos NaudonOption24,00011.08—
Carlos NaudonRSU126,886—2,074,586
Steven TsavarisOption24,00010.89—
Steven TsavarisOption24,00011.08—
05

Incentive-plan design — the Compensation Discussion & Analysis

We strive to provide a total compensation package that is competitive with market practice, including awards of variable compensation that appropriately recognize individual performance. In the aggregate, we believe our total compensation program provides the appropriate balance that enables us to ensure proper pay-performance alignment and does not incentivize inappropriate risk taking. Our objective is to pay competitive compensation for achieving performance goals consistent with our business goals and relative to performance of industry peers.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPearl Meyer
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1111,067,2245,852,807394,41565.41%Passed
20252025-06-129,935,6607,566,743265,92056.77%Passed
20242024-06-137,034,7629,491,019213,36642.57%Failed
20232023-06-1511,210,7574,661,37471,57370.63%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
20262026-06-1165.41%a
20252025-06-1256.77%b
20242024-06-1342.57%c

a. Approved under the standard stated in the filing — “Abstentions will not be treated as votes cast for this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will not be treated as votes cast for this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will not be treated as votes cast for this proposal.”.

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
James C. DemetriouIndependent · Audit (Chair) · Executive Compensation · Nominations (Chair)$60,000$0$0$0$30,000$90,000
William FeldmanIndependent · Executive Compensation · Departed during FY54,00000030,00084,000
Julio GurmanIndependent · Departed during FY54,00000030,00084,000
James PerezIndependent · Audit · Executive Compensation54,00000030,00084,000
Nick R. LugoIndependent · Audit · Executive Compensation · Nominations · Executive54,00000030,00084,000
Maria AlvarezIndependent · Audit · Executive Compensation (Chair) · Nominations54,00000030,00084,000
Steven A. TsavarisEmployee director · Board Chair · Executive (Chair)000—00
Carlos P. NaudonEmployee director · Executive000—00
Marlene CintronIndependent · Audit · Newly elected000000
09

Board fee structure and ownership guideline

Annual cash retainer$48,000
Annual equity retainer$0
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)12,000 / 6,000 / 6,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$330,000
Equity awards (grant-date value)$0
All other compensation$180,000
Total cost of the board$510,000

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
1Ponce Financial Group, Inc.2025Carlos Naudon$674,375$0$0$0$1,547,751

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 Ponce Financial Group, Inc. in fiscal 2025?
As disclosed, Carlos Naudon (President and Chief Executive Officer) was the highest-paid executive at Ponce Financial Group, Inc. in fiscal 2025, with total compensation of $1,547,751.
How did shareholders vote on Ponce Financial Group, Inc.'s executive compensation?
As disclosed, 65.41% of shareholders supported Ponce Financial Group, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Ponce Financial Group, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Ponce Financial Group, Inc. reported total board compensation of $510,000 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, Carlos NaudonDEF 14A2026-04-220001193125-26-168750Section “Summary Compensation Table”. As printed: 1,547,751. Filing ↗machine: t6 · r10 · c33 · span 405678–405687
2Section 01, Steven TsavarisDEF 14A2026-04-220001193125-26-168750Section “Summary Compensation Table”. As printed: 1,270,505. Filing ↗machine: t6 · r7 · c33 · span 373069–373078
3Section 01, Sergio VaccaroDEF 14A2026-04-220001193125-26-168750Section “Summary Compensation Table”. As printed: 779,970. Filing ↗machine: t6 · r13 · c33 · span 438305–438312
4Section 03, Sergio Vaccaro OTHERDEF 14A2026-04-220001193125-26-168750Section “GAAP” · grants of plan-based awards table. Filing ↗machine: t6 · r13 · c13 · span 431527–431533
5Section 07, pay ratio10-K2026-03-130001193125-26-104610Section “CEO Pay Ratio”. As printed: —. Filing ↗
6Section 08, James C. DemetriouDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 90,000. Filing ↗machine: t12 · r7 · c29 · span 1218927–1218933
7Section 08, William FeldmanDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 84,000. Filing ↗machine: t12 · r8 · c29 · span 1229913–1229919
8Section 08, Julio GurmanDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 84,000. Filing ↗machine: t12 · r9 · c29 · span 1240896–1240902
9Section 08, James PerezDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 84,000. Filing ↗machine: t12 · r11 · c29 · span 1262539–1262545
10Section 08, Nick R. LugoDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 84,000. Filing ↗machine: t12 · r10 · c29 · span 1251718–1251724
11Section 08, Maria AlvarezDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 84,000. Filing ↗machine: t12 · r6 · c29 · span 1208099–1208105
12Section 08, Steven A. TsavarisDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Carlos P. NaudonDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 0. Filing ↗
14Section 08, Marlene CintronDEF 14A2026-04-220001193125-26-168750Section “Director Compensation”. As printed: 0. Filing ↗
15Section 06, 2026 voteForm 8-K2026-06-120001193125-26-268852Item 5.07 · say-on-pay result. As reported: 65.41% (votes for as printed: 11,067,224). Filing ↗
16Section 06, 2025 voteForm 8-K2025-06-170000950170-25-087092Item 5.07 · say-on-pay result. As reported: 56.77% (votes for as printed: 9,935,660). Filing ↗
17Section 06, 2024 voteForm 8-K2024-06-170000950170-24-074329Item 5.07 · say-on-pay result. As reported: 42.57% (votes for as printed: 7,034,762). Filing ↗
18Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
19Section 09b board cost (computed)Computed——Cash 330,000 + equity 0 + all other 180,000 = 510,000, summed across the director compensation table rows.machine: formula: Σ = 510,000
20Ponce Financial Group, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-220001193125-26-168750CEO total compensation as printed in Ponce Financial Group, Inc.'s own proxy. As printed: 1,547,751. Filing ↗machine: t6 · r10 · c33 · span 405678–405687

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