Insurance
Tiptree Executive Compensation (FY25)
TIPT · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Michael Barnes | Latest say-on-pay support = April 28, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 17, 2026Latest filing (8-K): April 29, 2026
8 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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153 figures on this page: 147 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
More on Tiptree
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Barnes: $6,934,324 → $8,215,284 (18.5% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Tiptree's chief executive and what were they paid?
Michael Barnes, Chairman and Chief Executive Officer, received $8,215,284 in total compensation for fiscal 2025. Barnes' total was 18.5% higher than the $6,934,324 reported for fiscal 2024.
What was Tiptree's say-on-pay result?
Shareholders supported the say-on-pay proposal with 80.4% of votes cast for or against in favor at the meeting held April 28, 2026 for fiscal 2025.
What is Tiptree's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 106.6:1, against median employee compensation of $77,084.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jonathan Ilany Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Michael Barnes Executive Chairman | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Sandra Bell Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Randy Maultsby President | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Neil Rifkind VP General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jonathan Ilany Former Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Michael Barnes Chairman and Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Randy Maultsby President | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Neil Rifkind Former VP, General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott McKinney Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jonathan Ilany Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Barnes Executive Chairman | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Randy Maultsby President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott McKinney Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Neil Rifkind VP, General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jonathan Ilany Former Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Barnes Chairman and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Neil Rifkind Former VP, General Counsel and Secretary Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Randy Maultsby President | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Scott McKinney Chief Financial Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jonathan Ilany | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael G. Barnes | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Neil C. Rifkind | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Michael Barnes | PSU | ◇ | ◇ | — | — |
| Neil Rifkind | RSU | ◇ | = | — | — |
| Scott McKinney | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | = | — | — | |
| Randy Maultsby | PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Jonathan Ilany
Former Chief Executive Officer · Consulting agreement
| Change-in-control trigger | ◇ |
| Equity acceleration on change in control | ◇ |
| Excise tax treatment | ◇ |
| Clawback | ◇ |
Neil Rifkind
Former VP, General Counsel and Secretary · Severance agreement
| Severance cash amount | ◇ |
| Change-in-control trigger | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Lesley Goldwasser Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Dominique Mielle | ◇ | — | — | — | — | — | ◇ |
Paul M. Friedman | ◇ | ◇ | — | — | — | — | ◇ |
Bradley E. Smith | ◇ | — | — | — | — | — | ◇ |
Randy Maultsby, Jonathan Ilany and Michael G. Barnes served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 28, 2026 | = | ◇ | ◇ | ◇ |
| 2022 | June 6, 2023 | = | ◇ | ◇ | ◇ |
| 2019 | June 15, 2020 | = | ◇ | ◇ | ◇ |
| 2016 | June 6, 2017 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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Sample answer — “What is the CEO’s total compensation?”
- Michael Barnes (Chairman and Chief Executive Officer), FY2025 total compensation $8,215,284 (base salary $1,200,000) [exec_comp, SEC accession 0001393726-26-000015, filed 2026-03-16]What this page does not include
Everything above is a fact Tiptree disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
153 figures on this page: 147 cited to the filing that reported them, 6 calculated from figures it prints.
147 cited to the filing
6 calculated from the filing
Documents cited
- 0001393726-26-000020Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001393726-26-000015Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End
- 0001193125-25-320835Employment Agreement
- 0001193125-25-309610
- 0001393726-23-000055Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001393726-23-000045
- 0001393726-20-000170Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001393726-17-000031Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Tiptree executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TIPT (accessed 2026).
Short form: data: Velarion
The paid brief for Tiptree
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
8 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}