Dave Schaeffer’s stock holdings are notable. As of 2023, he holds a total of 160,000 shares, with a substantial portion vested based on performance. In 2023 alone, he experienced significant gains with vested stock valued at over $8.7 million. In...

Dave Schaeffer’s stock holdings are notable. As of 2023, he holds a total of 160,000 shares, with a substantial portion vested based on performance. In 2023 alone, he experienced significant gains with vested stock valued at over $8.7 million. In recent years, his holdings peaked notably in 2020 when his total compensation reached over $14 million, riding on high performance incentives. However, this year, while his cash incentives totaled $500,000, the real value lies in the shares he manages. With the market fluctuating, his holdings are not static; they demonstrate his commitment to the company's growth. The market conditions reveal that certain shares from his awards can vary greatly, emphasizing the risk and reward dynamic he is engaged in. His motivations are clear — as Cogent grows, so does his wealth, which underscores his alignment with the company’s success.