In 2023, Steven M. Klein earned $630.00K in total compensation at Northfield Bancorp, including $400.00K salary, $50.00K bonus and $150.00K in stock. Most recently acquired 11,061 shares in Jun 2024. Currently holds stock worth $5.70M. 8+ years at the helm of Northfield Bancorp.
Compensation History
Annual executive compensation data for Steven M. Klein, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$630.00K
Salary
$400.00K
Bonus
$50.00K
Other
$30.00K
Salary
$400.00KBoard 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
$50.00KBoard Justification
The bonus is based on the company's performance metrics including net income and return on equity for the fiscal year 2023.
Other Compensation
$30.00KBoard Justification
Other compensation includes retirement contributions and health benefits provided to the CEO in 2023.
Restricted Stock
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.
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
8 years 1 month (Oct 2017 - Present)
Previous Experience
Chief Operating Officer and Chief Financial Officer at Northfield Bancorp, Inc.
Other Northfield Bancorp CEOs
Holdings
Track Steven M. Klein's stock holdings and portfolio value over time.
Total Stock Sold
$1.62M
$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 $1.10M.
This is -32.02% and $517.44K less than what they got when they sold the stock.
Insider Trading
Steven M. Klein's recent stock transactions, purchases, and sales filed with the SEC.
$83.62K
NFBK at $7.56/share
Jun 11, 2024
Purchase
$44.99K
MSEX at $52.50/share
Apr 1, 2024
Received
8,444 shares
NFBK
Feb 28, 2024
Received
6,800 shares
NFBK
Feb 28, 2024
Received
16,409 shares
NFBK
Jan 26, 2024
Received
$45.00K
MSEX at $78.12/share
Mar 31, 2023
Received
11,455 shares
NFBK
Mar 1, 2023
Received
$7.13K
NFBK at $14.67/share
Feb 21, 2023
Sale
$31.39K
NFBK at $14.55/share
Feb 1, 2023
Sale
13,395 shares
NFBK
Jan 27, 2023
Received
Rivals
Compare Steven M. Klein with competitor CEOs and industry peers.
Robert J. McCormick
CEO of Trustco Bank Corp
2023 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$190.30K
Other
$783.20K
Total Holdings
$2.48M
Christopher J. McComish
CEO of S&T Bancorp
2023 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$70.00K
Other
$20.00K
Total Holdings
$200.99K
Patrick S. Barrett
CEO of OceanFirst Financial
2023 Compensation
Stock
$0.00
Salary
$450.00K
Bonus
$285.12K
Other
$65.33K
Total Holdings
$29.82K
Frank S. Sorrentino III
Founder and CEO of Center Bancorp
2023 Compensation
Stock
$1.63M
Salary
$945.00K
Bonus
$878.90K
Other
$182.00K
Total Holdings
$57.14M