Serena Wolfe compensation by year
Annaly Capital Management Summary Compensation Table · all 6 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Salary | $375,000 | $750,000 | $750,000 | $750,000 | $750,000 | $750,000 |
| Bonus | $2,600,000 | $3,000,000 | $0 | $0 | $0 | $2,653,125 |
| Stock awards | $0 | $399,999 | $749,992 | $1,781,232 | $2,348,400 | $2,723,184 |
| Option awards | $0 | — | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $1,781,250 | $2,348,400 | $2,723,200 | $0 |
| Pension and deferred compensation | $0 | — | $0 | $0 | $0 | $0 |
| All other | $29,831 | $12,363 | $13,032 | $14,250 | $11,750 | $14,000 |
| Total | $3,004,831 | $4,162,362 | $3,294,274 | $4,893,882 | $5,833,350 | $6,140,309 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Annaly Capital Management Inc. DEF 14A filed April 30, 2026, accession 0001104659-26-052954, 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 | 113,586 | $2,539,783 | — |
| PSU | 110,760 | $2,476,594 | — |
| RSU | 73,839 | $1,651,040 | — |
| RSU | 50,479 | $1,128,710 | — |
| RSU | 17,924 | $400,781 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Annaly Capital Management Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
1 Form 4 line since the FY2025 proxy (filed April 30, 2026)current to 2026-09-24 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-05-04 | Sale | 10b5-1 | 16,537 | $22.48 | 200,964 |
The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments Annaly Capital Management discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Retirement | $0 | $0 | $0 | $0 |
| Involuntary for cause | $0 | $0 | $0 | $0 |
| Death | $0 | $6,524,782 | $0 | $6,524,782 |
| Involuntary termination without cause | $3,281,250 | $8,196,908 | $0 | $14,131,283 |
| Disability | $0 | $8,196,908 | $0 | $8,196,908 |
| Change in control and involuntary termination | $3,281,250 | $8,196,908 | $0 | $14,131,283 |
Per the Potential Payments Upon Termination or Change in Control table in Annaly Capital Management Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Annaly Capital Management’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| David Finkelstein | Chief Executive Officer, Co-Chief Investment Officer and Director | $19,270,629 |
| Steven Campbell | President and Chief Operating Officer | $7,026,394 |
| Serena Wolfe · this page | Chief Financial Officer | $6,140,309 |
| Anthony Green | Former Chief Corporate Officer, Chief Legal Officer and Secretary | $5,125,087 |
The full Annaly Capital Management compensation record
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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 Annaly Capital Management'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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