Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-03

Silvercrest Asset Management Group (SAMG)

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.

$4,039,647
Richard Hough III total, FY2025
CEO pay percentile vs peers
16:1
CEO-to-median pay ratio
60.13%
Say-on-pay support, latest vote
Companies that benchmark against SAMG
2 companies name SAMG as a compensation peer

Each company listed discloses SAMG 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 SAMG in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Richard Hough III$900,000$1,400,000$0$1,600,000$0$0$139,647$4,039,647
Chairman, Chief Executive Officer and President
Scott Gerard391,6671,158,000158,15000062,1351,769,952
Chief Financial Officer
David Campbell391,667875,000000014,7501,281,417
General Counsel and Secretary

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
Richard Hough III$4,039,647
Scott Gerard1,769,952
David Campbell1,281,417

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

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
Brian D. DunnDirector2026-05-06A10,432$0$0RSUForm 4 ↗
Richard J. BurnsDirector2026-05-06A4,32200RSUForm 4 ↗
Darla M. RomfoDirector2026-05-06A4,32200RSUForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Richard Hough IIIRSU2025-12-10509,481$1,600,000
Scott GerardRSU2025-12-0310,922158,151
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Richard Hough III$1,600,000$0$00.0%
Scott Gerard158,151000.0%

% 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
David CampbellRSU1,091$16,572
Richard Hough IIIOption186,35314.65
Scott GerardRSU10,239155,530
Richard Hough IIIRSU19,747299,961
Richard Hough IIIOption509,48115.29
Richard Hough IIIRSU41,254626,648
Richard Hough IIIRSU25,598388,826
David CampbellRSU2,03030,839
Scott GerardRSU10,922165,905
Scott GerardRSU5,50183,553
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation program is designed to reward past performance at an individual, team, and company level, and encourages future contributions to achieving our strategic goals and enhancing stockholder value.

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

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-034,959,1782,220,8701,066,86760.13%Passed
20252025-06-045,983,1902,619,5751,440,88159.57%Passed
20242024-06-056,704,9753,448,0951,263,52358.73%Passed
20232023-06-0610,598,962496,544469,43391.65%Passed
20222022-06-0810,559,508287,617754,73491.02%Passed
20212021-06-028,919,009286,014440,26092.47%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
20262026-06-0360.13%a
20252025-06-0459.57%b
20242024-06-0558.73%c

a. Approved under the standard stated in the filing — “Abstentions have the effect of a vote against the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions have the effect of a vote against the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions have the effect of a vote against the 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)16 : 1
CEO total compensation$4,039,647
Median employee compensation$247,000
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brian D. DunnIndependent · Audit · Compensation (Chair) · Nominating/Governance$70,000$50,000$0$0$181,944$301,944
Richard J. BurnsIndependent · Audit (Chair) · Compensation · Nominating/Governance75,00050,00000125,000
Darla M. RomfoIndependent · Audit · Compensation · Nominating/Governance (Chair)70,00050,00000120,000
Richard R. Hough IIIEmployee director · Board Chair00000
J. Allen GrayEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$50,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)5,000 / 5,000 / 5,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$215,000
Equity awards (grant-date value)$150,000
All other compensation$181,944
Total cost of the board$546,944

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
1Silvercrest Asset Management Group2025Richard Hough III$900,000$0$1,600,000$0$4,039,647

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, Richard Hough IIIDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 4,039,647. Filing ↗machine: r4 · c18 · span 365210–365219
2Section 01, Scott GerardDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 1,769,952. Filing ↗machine: t8 · r7 · c18 · span 386417–386426
3Section 01, David CampbellDEF 14A2026-04-300001193125-26-197178Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 1,281,417. Filing ↗machine: t8 · r10 · c18 · span 407553–407562
4Section 03, Richard Hough III RSUDEF 14A2026-04-300001193125-26-197178Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t9 · r9 · c10 · span 501747–501756
5Section 03, Scott Gerard RSUDEF 14A2026-04-300001193125-26-197178Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t9 · r10 · c10 · span 506037–506044
6Section 07, pay ratioDEF 14A2026-04-300001193125-26-197178Section “CEO Pay Ratio”. As printed: 16 : 1. Filing ↗machine: t16 · r6 · c7 · span 1180767–1180774
7Section 08, Brian D. DunnDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 301,944. Filing ↗machine: t6 · r6 · c18 · span 261452–261459
8Section 08, Richard J. BurnsDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 125,000. Filing ↗machine: t6 · r5 · c17 · span 254466–254473
9Section 08, Darla M. RomfoDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 120,000. Filing ↗machine: t6 · r7 · c17 · span 268130–268137
10Section 08, Richard R. Hough IIIDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 0. Filing ↗
11Section 08, J. Allen GrayDEF 14A2026-04-300001193125-26-197178Section “Director Compensation”. As printed: 0. Filing ↗
12Section 02, Brian D. Dunn 2026-05-06Form 42026-05-080001193125-26-214666Insider equity transaction reported since the proxy statement. Filing ↗
13Section 02, Richard J. Burns 2026-05-06Form 42026-05-080001193125-26-214671Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, Darla M. Romfo 2026-05-06Form 42026-05-080001193125-26-214667Insider equity transaction reported since the proxy statement. Filing ↗
15Section 06, 2026 voteForm 8-K2026-06-030001193125-26-255406Item 5.07 · say-on-pay result. As reported: 60.13% (votes for as printed: 4,959,178). Filing ↗
16Section 06, 2025 voteForm 8-K2025-06-040000950170-25-081639Item 5.07 · say-on-pay result. As reported: 59.57% (votes for as printed: 5,983,190). Filing ↗
17Section 06, 2024 voteForm 8-K2024-06-050000950170-24-069290Item 5.07 · say-on-pay result. As reported: 58.73% (votes for as printed: 6,704,975). Filing ↗
18Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
19Section 09b board cost (computed)ComputedcomputedCash 215,000 + equity 150,000 + all other 181,944 = 546,944, summed across the director compensation table rows.machine: formula: Σ = 546,944
20Silvercrest Asset Management Group (subject), Section 10b CEO totalDEF 14A2026-04-300001193125-26-197178CEO total compensation as printed in Silvercrest Asset Management Group's own proxy. As printed: 4,039,647. Filing ↗machine: r4 · c18 · span 365210–365219