Stark Novus Financial will raise CEO Alexander Matina’s annual base salary to $451,750 from $415,000 effective September 1, while increasing his annual restricted stock unit grant to $63,250 and paying a $120,000 cash bonus. Investors receive defined terms for the company’s recurring executive compensation and one-time cash commitment.

Key Highlights

  • Alexander Matina’s annual restricted stock unit grant will rise to $63,250 from $50,000.
  • Stark Novus Financial’s Compensation Committee approved the changes on August 26.
  • Alexander Matina’s annual base salary at Stark Novus Financial will be $451,750 effective September 1.

Stark Novus Financial Inc. will raise CEO Alexander Matina’s annual base salary to $451,750 from $415,000 effective September 1, following approval by the board’s Compensation Committee. The revised package also increases his recurring Equity award and includes a one-time cash payment.

CEO Pay Changes Take Effect September 1

Matina’s annual restricted stock unit grant will be valued at $63,250, compared with $50,000 previously. The equity awards will retain their existing structure. A one-time cash Bonus of $120,000 is payable to Matina on September 1. The Compensation Committee approved each change on August 26.

Recurring Salary and Equity Commitments

The new terms give investors separate visibility into Stark Novus Financial’s ongoing salary and annual equity obligations, alongside the one-time cash bonus. The recurring components are the $451,750 base salary and $63,250 restricted stock unit grant, while the $120,000 payment is scheduled for September 1. The revised compensation terms apply to Alexander Matina in his role as chief executive officer. The annual equity grant is also set to continue for each calendar year after 2027 under the stated terms.