Steven Mumma has had significant involvement in NYMT's stock, especially during his tenure as CEO. Over the years, his compensation from vested stocks peaked during 2020 with a total of $4.3 million, largely driven by vested stock values as NYMT...
Steven Mumma has had significant involvement in NYMT's stock, especially during his tenure as CEO. Over the years, his compensation from vested stocks peaked during 2020 with a total of $4.3 million, largely driven by vested stock values as NYMT navigated through complex market challenges. His stock holdings have fluctuated; for instance, his holdings in 2021 included around $758,070 in vested stock. In 2022, his compensation was restructured as part of a succession plan, but he continues owning stock in the company as a way of aligning his interests with the shareholders. His financial stake in NYMT reflects a commitment to the firm's long-term success while adapting to necessary leadership changes.