Company: BCG
Filing Date: 2025-06-02
Form Type: DEF 14A
Source: 0001104659-25-055554
Chunk: 28

Company: Binah Capital Group, Inc.
Filing Date: 2025-06-02
Form: DEF 14A
Chunk 28
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on in 2024: $11,083 in 401(k) matching contributions, and the payment of $954 in term life insurance premiums. (2) Mr. Gould and Mr. Shane each commenced employment in their current roles effective as of March 15, 2024. Ms. Flouton is currently President of Purshe Kaplan Sterling Investment, Inc. (3) Mr. Nessim resigned from his position with the Company effective as of March 15, 2024. Mr. Nessim did not receive compensation for his services performed in 2023 and 2024. Narrative to Executive Summary Compensation Table Our executive compensation program is designed to attract and retain high-caliber executives, incentivize performance and align management’s interests with those of our shareholders. Compensation for our NEOs in 2024 consisted primarily of base salary and discretionary annual bonuses. • Base Salary: Fixed annual cash compensation based on role, experience and industry benchmarks. • Annual Bonus: Pursuant to their employment agreements, as further discussed below under “ Employment Agreements — Craig Gould, David Shane and Katherine Flouton ,” during 2024,

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TABLE OF CONTENTS Mr. Gould and Mr. Shane were eligible to receive annual incentive bonuses. None of our other NEOs were eligible for an annual incentive bonus for 2024 service. • Equity Incentive Awards: As of December 31, 2024, we have not granted any equity incentive award compensation. However, we intend to grant a mix of stock options and restricted stock units to our NEOs subject to vesting based on continued service as long-term incentive compensation. Employment Agreements - Craig Gould, David Shane and Katherine Flouton Set forth below is a description of the current employment agreements of Mr. Gould, Mr. Shane and Ms. Flouton as of December 31, 2024. Mr. Gould Employment Agreement On August 14, 2024, the Company entered into an executive employment agreement with Craig Gould, the Company’s Chief Executive Officer. The Gould Agreement is for an initial, five-year term and is subject to renewal for successive three-year terms subject to Mr. Gould providing notice to our Board of his intent to renew the agreement and our Board’s decision to approve such renewal. Notwithstanding the foregoing, Mr. Gould’s employment is “at-will”, and the Gould Agreement may be terminated at any time, by either party, with or without Cause (as defined below) or advance notice. Mr. Gould’s 2024 annual