Sundar PichaiSundar Pichai earned $164M in 2023

Steven M. Klein is the Chief Executive Officer of Northfield Bancorp, Inc., a role he has held since November 2017. Before this, he worked as Chief Financial Officer since 2005 and was appointed Chief Operating Officer in 2011. His journey...

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Steven M. Klein

CEO of Northfield Bancorp

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of Northfield Bancorp for

7 years 7 months (Oct 2017 - Present)

Previous Experience

Chief Operating Officer and Chief Financial Officer at Northfield Bancorp, Inc.

Holdings

See how much did Steven M. Klein make over time.

Steven M. Klein has seen his holdings at Northfield Bancorp fluctuate noticeably over the years. In 2019, his holdings were valued at around $8.21 million, but by early 2021, they peaked at $12.92 million in May. This growth was accompanied...

Mar 18, 2025

Total Stock Sold

$1.62M

NFBK

$1.62M

98,075 NFBK shares

What if they kept their stock?

If Steven M. Klein didn't sell their stock, today they would have:
Extra NFBK98,075 shares worth $1.12M.
This is -30.93% and $499.78K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Steven M. Klein.

NFBK

$83.62K

NFBK at $7.56/share

Jun 11, 2024

Purchase

MSEX

$44.99K

MSEX at $52.50/share

Apr 1, 2024

Received

NFBK

8,444 shares

NFBK

Feb 28, 2024

Received

NFBK

6,800 shares

NFBK

Feb 28, 2024

Received

NFBK

16,409 shares

NFBK

Jan 26, 2024

Received

MSEX

$45.00K

MSEX at $78.12/share

Mar 31, 2023

Received

NFBK

11,455 shares

NFBK

Mar 1, 2023

Received

NFBK

$7.13K

NFBK at $14.67/share

Feb 21, 2023

Sale

NFBK

$31.39K

NFBK at $14.55/share

Feb 1, 2023

Sale

NFBK

13,395 shares

NFBK

Jan 27, 2023

Received

Compensation History

See how much did Steven M. Klein make over time.

In 2023, Steven M. Klein's total compensation reached $580,000, consisting of a base salary of $400,000, a $50,000 performance bonus, and $30,000 in other benefits. This structured approach ties his income closely to the company's performance, emphasizing metrics like net income growth and return on equity. The previous year, he earned over $1.19 million, reflecting the achievement of corporate goals under the executive management plan. His compensation history illustrates a steady increase tied to his growing responsibilities and the company's success. Each year, the compensation packages have been crafted to align Klein's interests with shareholder value, aiming for sustained growth in Northfield Bancorp.

Year

2023

Total Compensation

$630.00K

Salary

$400.00K

Board Justification

The compensation philosophy is designed to align the CEO's interests with those of shareholders by linking compensation to performance metrics and peer benchmarking.

Bonus

$50.00K

Board Justification

The bonus is based on the company's performance metrics including net income and return on equity for the fiscal year 2023.

Other

$30.00K

Board Justification

Other compensation includes retirement contributions and health benefits provided to the CEO in 2023.

Restricted Stock

$150.00K(10K RSU)

Board Justification

The stock that vested in 2023 is part of a long-term incentive plan that rewards performance over a three-year period, with shares vesting based on achieving specific financial targets.

Performance Metrics

Performance metrics include net income growth, return on equity, and overall company performance relative to peers.

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