Chief Financial Officer · Annaly Capital Management Inc. (NLY)

Serena Wolfe

A named executive officer of Annaly Capital Management in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$6,140,309

FY2024: $5,833,350

3rd of 4 named executive officers at Annaly Capital Management by FY2025 total.

4 named officers on file for Annaly Capital Management, FY2025

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What this number hides

The filing gives the total. Annaly Capital Management’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 30, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-07.

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Serena Wolfe compensation by year

Annaly Capital Management Summary Compensation Table · all 6 fiscal years held
In US dollars, as Annaly Capital Management reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$375,000$750,000$750,000$750,000$750,000$750,000
Bonus$2,600,000$3,000,000$1,781,250$2,348,400$2,723,200$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$0
Non-equity incentive$0$0$0$0$0$0
Pension and deferred compensation$0$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.

How this page was built: the Annaly Capital Management Inc. filed document, accession 0001104659-26-052954. Every figure is read from that document and cited to the page and table it appears in. Filed April 30, 2026.

$3.0M
$4.2M
$3.3M
$4.9M
$5.8M
$6.1M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU113,586$2,539,783—
PSU110,760$2,476,594—
RSU73,839$1,651,040—
RSU50,479$1,128,710—
RSU17,924$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 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-05-04Sale10b5-116,537$22.48200,964

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
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Disability$0$8,196,908$0$8,196,908
Death$0$6,524,782$0$6,524,782
Change in control and involuntary termination$3,281,250$8,196,908$0$14,131,283
Involuntary termination without cause$3,281,250$8,196,908$0$14,131,283
Retirement$0$0$0$0
Involuntary for cause$0$0$0$0

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 officerRoleFY2025 total
David FinkelsteinChief Executive Officer, Co-Chief Investment Officer and Director$19,270,629
Steven CampbellPresident and Chief Operating Officer$7,026,394
Serena Wolfe · this pageChief Financial Officer$6,140,309
Anthony GreenFormer Chief Corporate Officer, Chief Legal Officer and Secretary$5,125,087

The full Annaly Capital Management compensation record

free company brief

This page is one person within Annaly Capital Management's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Annaly Capital Management proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Annaly Capital Management's full Executive Compensation Report with peer benchmarking.

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.

Serena Wolfe's compensation dossier