Mac Armstrong
2021
In 2021, Mac Armstrong earned a total compensation of $19.2M as Chief Executive Officer and Chairman of the Board at Palomar Holdings, a 1,710% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $795,248 |
|---|---|
| Option Awards | $480,201 |
| Salary | $846,094 |
| Stock Awards | $17,116,007 |
| Other | $8,700 |
| Total | $19,246,249 |
Armstrong received $17.1M in stock awards, accounting for 89% of the total pay in 2021.
Armstrong also received $795.2K in non-equity incentive plan, $480.2K in option awards, $846.1K in salary and $8.7K in other compensation.
Rankings
In 2021, Mac Armstrong's compensation ranked 350th out of 12,415 executives tracked by ExecPay. In other words, Armstrong earned more than 97.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 350 out of 12,415 | 97th |
Division Finance, Insurance, And Real Estate | 53 out of 2,276 | 98th |
Major group Insurance Carriers | 14 out of 279 | 95th |
Industry group Fire, Marine, And Casualty Insurance | 2 out of 140 | 99th |
Industry Fire, Marine, and Casualty Insurance | 2 out of 140 | 99th |
Source: SEC filing on April 14, 2022.
Armstrong's colleagues
We found four more compensation records of executives who worked with Mac Armstrong at Palomar Holdings in 2021.