In 2023, David L. Finkelstein earned $10.93M in total compensation at Annaly Capital Management, including $1.00M salary, $7.33M bonus and $2.59M in stock. Most recently sold 50,000 shares in Feb 2025. Currently holds stock worth $16.29M. 5+ years at the helm of Annaly Capital Management.
Compensation History
Annual executive compensation data for David L. Finkelstein, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$10.93M
Salary
$1.00M
Bonus
$7.33M
Other
$15.20K
Salary
$1.00MBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and stockholder interests, while ensuring market competitiveness and retention.
Bonus
$7.33MBoard Justification
Annual cash incentives paid for performance in 2023, based on company performance metrics and individual contributions.
Other Compensation
$15.20KBoard Justification
Includes company-paid group excess liability insurance premiums and matching contributions to the 401(k) plan.
Restricted Stock
Board Justification
Shares from previously granted RSUs that vested during the fiscal year 2023.
Performance Metrics
The performance metrics include Relative Tangible Economic Return and Average EAD Return on Equity, which determine the annual incentive awards.
David L. Finkelstein
CEO of Annaly Capital Management
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
July 1, 1975 - 50 years ago
CEO of Annaly Capital Management for
5 years 8 months (Mar 2020 - Present)
Previous Experience
Chief Investment Officer at Annaly Capital Management, Inc.
Other Annaly Capital Management CEOs
Holdings
Track David L. Finkelstein's stock holdings and portfolio value over time.
Total Stock Sold
$4.81M
$4.81M
250,000 NLY shares
What if they kept their stock?
If David L. Finkelstein didn't sell their stock, today they would have:
Extra NLY250,000 shares worth $5.69M.
This is 18.45% and $886.50K more than what they got when they sold the stock.
Insider Trading
David L. Finkelstein's recent stock transactions, purchases, and sales filed with the SEC.
$1.03M
NLY at $20.60/share
Feb 10, 2025
Sale
$4.74M
NLY at $20.41/share
Feb 1, 2025
Received
$962.50K
NLY at $19.25/share
Oct 28, 2024
Sale
$1.00M
NLY at $20.05/share
Aug 16, 2024
Sale
$951.50K
NLY at $19.03/share
Feb 12, 2024
Sale
212,777 shares
NLY
Feb 1, 2024
Received
$852.00K
NLY at $17.04/share
Nov 6, 2023
Sale
186,934 shares
NLY
Mar 8, 2023
Received
145,500 shares
NLY
Feb 1, 2023
Received
$1.11M
NLY at $5.56/share
Jun 17, 2022
Purchase
Rivals
Compare David L. Finkelstein with competitor CEOs and industry peers.
Phillip J. Kardis II
CEO of Chimera Investment Corp.
2023 Compensation
Stock
$1.68M
Salary
$850.00K
Bonus
$0.00
Other
$19.80K
Total Holdings
$6.47M
Andrew J. Sossen
CEO of Starwood Property Trust
2023 Compensation
Stock
$608.18K
Salary
$425.00K
Bonus
$0.00
Other
$0.00
Total Holdings
$3.26M
Michael Nierenberg
CEO of Rithm Capital
2023 Compensation
Stock
$1.79M
Salary
$1.25M
Bonus
$10.00M
Other
$160.04K
Total Holdings
$3.45M
G. Hunter Haas IV
CEO of Orchid Island Capital
2023 Compensation
Stock
$102.50K
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$551.26K
William Greenberg
CEO of Two Harbors Investment Corporation
2021 Compensation
Stock
$0.00
Salary
$829.12K
Bonus
$0.00
Other
$130.76K
Total Holdings
$4.53M