James Follette compensation by year
PFSI Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $375,000 | $375,000 | $463,542 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $843,678 | $899,918 | $1,049,858 |
| Option awards | $296,050 | $329,977 | $391,142 |
| Non-equity incentive | $438,750 | $797,506 | $983,400 |
| Pension and deferred compensation | — | $0 | $0 |
| All other | $35,351 | $36,043 | $63,935 |
| Total | $1,988,829 | $2,438,444 | $2,951,877 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: PFSI DEF 14A filed April 20, 2026, accession 0001193125-26-164086, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 7,064 | $931,318 | — |
| PSU | 6,878 | $906,796 | — |
| RSU | 3,439 | $453,398 | — |
| PSU | 3,424 | $451,420 | — |
| RSU | 2,355 | $310,483 | — |
| RSU | 1,544 | $203,561 | — |
| Option | 20,259 | — | $59.68 |
| Option | 12,935 | — | $58.85 |
| Option | 5,887 | — | $84.93 |
| Option | 27,645 | — | $57.10 |
| Option | 8,770 | — | $101.76 |
| Option | 3,859 | — | $60.74 |
Per the Outstanding Equity Awards at Fiscal Year-End table in PFSI's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments PFSI discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control and involuntary termination | $1,000,000 | $4,576,928 | — | $7,543,728 |
Per the Potential Payments Upon Termination or Change in Control table in PFSI's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
PFSI’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| David Spector | Chairman and Chief Executive Officer | $12,660,536 |
| Doug Jones | Director, President and Chief Mortgage Banking Officer | $7,488,010 |
| Daniel Perotti | Senior Managing Director and Chief Financial Officer | $3,871,459 |
| James Follette · this page | Senior Managing Director and Chief Digital Officer | $2,951,877 |
| Derek Stark | Senior Managing Director, Chief Legal Officer and Secretary | $2,561,222 |
The full PFSI compensation record
free company briefThis page is one person within PFSI's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are PFSI's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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