Thomas Shafer compensation by year
First Foundation Summary Compensation Table · the one fiscal year held| Component | FY2024 |
|---|---|
| Salary | $132,755 |
| Bonus | $0 |
| Stock awards | $3,880,000 |
| Option awards | $0 |
| Non-equity incentive | $0 |
| Pension and deferred compensation | $0 |
| All other | $1,000 |
| Total | $4,013,755 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Foundation Inc. DEF 14A filed April 17, 2025, accession 0001104659-25-036041, and prior-year filings. Open the filing on EDGAR.
How this page was built: the First Foundation Inc. filed document, accession 0001104659-25-036041. Every figure is read from that document and cited to the page and table it appears in. Filed April 17, 2025.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 500,000 | $3,105,000 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in First Foundation Inc.'s FY2024 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 FY2024 proxy (filed April 17, 2025)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-04-01 | Disposition to the issuer | — | 500,000 | $0.00 | 0 |
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 →
First Foundation’s named executive officers, FY2024
as the company reported each| Named executive officer | Role | FY2024 total |
|---|---|---|
| Thomas Shafer · this page | Chief Executive Officer of FFI and FFB | $4,013,755 |
| Scott Kavanaugh | Former Chief Executive Officer of FFI and FFB and Former President and Chairman of FFB | $1,259,812 |
| John Hakopian | President of FFA | $1,079,000 |
| Ulrich Keller | Former Executive Chairman of FFI and FFA | $885,449 |
| Christopher Naghibi | Executive Vice President and Chief Operating Officer of FFB | $744,750 |
| James Britton | Executive Vice President and Chief Financial Officer of FFI and FFB | $650,000 |
| Simone Lagomarsino | President of FFI and FFB | $483,843 |
Board service
First Foundation board · FY2024How this board is paid
Company policy: First Foundation pays directors a $70,000 cash retainer and $70,000 in RSUs. As stated in First Foundation's FY2024 proxy.
The full First Foundation compensation record
free company briefThis page is one person within First Foundation's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the First Foundation proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order First Foundation'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 First Foundation'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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