AmBase Corp
For the period ended Jun 6, 2025. Filed Mar 25, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 6, 2025 · Filed Mar 25, 2025
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Contents
Summary Compensation Table (a)
| Name and Principal Position · Year · ($) Salary · ($) Bonus · ($) (c) All Other Compensation · ($) Total | ||||||
|---|---|---|---|---|---|---|
| Richard A. Bianco, Chairman | 2024 | $440,000 | $ | - | $100,742 | $540,742 |
| President and Chief Executive | 2023 | $440,000 | $ | - | $98,735 | $538,735 |
| Officer (b) | ||||||
| John Ferrara, Vice President | 2024 | $235,000 | $ | - | $45,436 | $280,436 |
| Chief Financial Officer & | 2023 | $235,000 | $ | - | $44,324 | $279,324 |
| Controller | ||||||
| Joseph R. Bianco | 2024 | $116,000 | $ | - | $48,090 | $164,090 |
| Treasurer | 2023 | $116,000 | $ | - | $47,002 | $163,002 |
| (a) | The columns relating to “Stock Option Awards,” “Stock Awards,” “Non-Equity Incentive Plan Compensation,” and “Non-qualified Deferred Compensation Earnings” have been omitted because no compensation required to be reported in these columns were awarded to, earned by, or paid to any of the Named Executive Officers with respect to 2024 or 2023. |
|---|---|
| (b) | See the discussion under the heading “Employment Contracts” below for information relating to the 2007 Employment Agreement between Mr. R. A. Bianco and the Company and the amounts which could be payable to Mr. R. A. Bianco based on value realized by the Company with respect to a gross-up for federal taxes imposed on the settlement amount, if any. |
| (c) | Other Compensation for fiscal year 2024, in the table above consists of the following: |
| Mr. R. A. Bianco | Mr. Ferrara | Mr. J. Bianco | |
|---|---|---|---|
| Company contributions to 401(k) savings plan | $30,500 | $30,500 | $30,500 |
| Supplemental life insurance premiums | 8,750 | 555 | 2,461 |
| Long-term disability insurance premiums | 18,804 | 693 | 693 |
| Supplemental medical and dental insurance | 12,444 | 12,876 | 12,444 |
| Reimbursement of income tax costs for participation in life insurance plans | 5,420 | 344 | 1,524 |
| Reimbursement of income tax costs for participation in long-term disability plans | 12,116 | 468 | 468 |
| Company provided automobile (d) | 1,208 | - | - |
| Reimbursement for tax services | 11,500 | - | - |
| Total | $100,742 | $45,436 | $48,090 |
| (d) | All All amounts for personal use of a Company-provided automobile for Mr. R. A. Bianco, included in table above for other compensation, include mileage, fuel, maintenance, insurance, and other miscellaneous fees. |
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