Robert Mattucci
About Robert Mattucci
Robert Mattucci, age 60, is Vice President of Sales at Standard Premium Finance Holdings (SPFX), a role he has held since September 2019. He joined the company in 2006 as a marketing representative, where he drove 300% regional sales growth over three years, later becoming National Sales Manager in 2009 and expanding sales operations into Dallas, Atlanta, and Charlotte; his remit includes recruiting and training new sales personnel . The proxy does not disclose TSR, revenue growth, or EBITDA growth targets tied to Mattucci’s compensation; annual bonuses for non-CEO/CFO executives are discretionary, and there is no defined performance plan for Mattucci .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Standard Premium Finance Holdings, Inc. | Vice President of Sales | Sep 2019–present | Oversees national sales; leads recruitment and training of new sales personnel . |
| Standard Premium Finance (subsidiary) | National Sales Manager | 2009–2019 | Built sales operations in Dallas, Atlanta, and Charlotte . |
| Standard Premium Finance (subsidiary) | Marketing Representative (West Coast FL) | 2006–2009 | Achieved 300% sales growth in three years in regional territory . |
External Roles
- None disclosed in proxy materials for Mattucci .
Fixed Compensation
Multi-year cash compensation for Robert Mattucci (note: titles in the Summary Compensation Table appear swapped for Mattucci/Galliano; Mattucci is described elsewhere as VP of Sales):
| Metric | 2023 | 2024 |
|---|---|---|
| Salary ($) | 157,823 | 176,740 |
| Bonus ($) | 3,249 | 3,056 |
- Annual bonuses for non-CEO/CFO executives (including Mattucci) are awarded at Board discretion; no formal bonus plan is specified for him .
Performance Compensation
- The proxy does not disclose performance metric weightings or targets tied to Mattucci’s bonus; the defined performance-based cash/RSU programs apply to the CEO and CFO only .
Incentive equity detail:
| Instrument | Grant/Status | Quantity | Strike | Expiration | Vesting |
|---|---|---|---|---|---|
| Stock Options | Outstanding at FY-end 2024 | 27,900 | $0.80 | Feb 28, 2030 | Options under the plan vest over two years from grant date . |
- Note: Warrants listed for other executives vested at grant; awards with March 31, 2025 expiration expired unexercised (Mattucci does not have those warrants) .
Equity Ownership & Alignment
Beneficial ownership as of September 8, 2025:
| Holder | Direct Shares | Options/Warrants Within 60 Days | Total Beneficial Ownership | % of Class |
|---|---|---|---|---|
| Robert Mattucci | 11,403 | 27,900 options @ $0.80 | 39,303 | 1.2% |
Outstanding awards snapshot:
| As of | Instrument | Quantity | Exercise Price |
|---|---|---|---|
| Dec 31, 2024 | Stock Options | 27,900 | $0.80 |
Alignment and policies:
- Director, officer and employee hedging policy prohibits short sales and put/call option trading in SPFX common stock .
- Proxy states “no present arrangements or pledges…which may result in a change of control”; no share pledging by Mattucci is disclosed in beneficial ownership footnotes .
Employment Terms
- Employment agreement: With Board approval, SPFX entered into written employment agreements on March 1, 2020 with the VP of Sales (Mattucci) and VP of Marketing; the agreements are “at will,” with no specified term, and protect company interests via confidentiality and return-of-documents obligations .
- Severance/change-in-control: Specific severance and change-in-control multiples, RSU acceleration, and COBRA benefits are defined for CEO/CFO only; no severance or change-in-control benefits are disclosed for Mattucci .
- Non-compete/non-solicit: The proxy describes non-compete/non-solicit obligations for CEO/CFO; Mattucci’s at-will agreement disclosure references confidentiality/return-of-documents only .
Compensation Committee Analysis
- Compensation Committee members: Scott Howell, MD; Mark Kutner, MD; Christian Hoechner. The Board determined they are independent under Nasdaq rules; the Committee administers equity and employee benefit plans .
- Equity Incentive Plan: 2019 Plan authorizes options, stock purchase rights, stock awards, and unrestricted stock; 300,000 shares authorized, with 77,350 available as of Sep 8, 2025 .
- Say-on-pay: No advisory say-on-pay proposal or historical vote percentages are disclosed in the proxy ; only director elections and auditor ratification are on the ballot .
Risk Indicators & Red Flags
- Hedging: Prohibited for directors, officers, employees with access to confidential information .
- Pledging: No pledging disclosed; proxy indicates no arrangements/pledges that may result in change of control .
- Related party: CEO William Koppelmann and Corporate Secretary/Operations Manager Margaret Ruiz are siblings (general governance context) .
- Section 16 compliance: Company believes all required insider ownership reports were filed for FY 2024 .
- Option repricing/tax gross-ups/clawbacks: Not disclosed in proxy for Mattucci .
Notes on Title Inconsistency
- The Summary Compensation Table labels Robert Mattucci as “Vice President of Marketing,” while the executive officer biography lists him as “Vice President of Sales.” Based on narrative sections, Mattucci’s role is VP of Sales; this appears to be a proxy table labeling inconsistency .
Investment Implications
- Alignment: Mattucci’s personal stake is modest (1.2% beneficial ownership), comprised of 11,403 direct shares and 27,900 options at a low strike price ($0.80), which could be value-aligned if the stock trades above strike; options expire in 2030, limiting near-term selling pressure from expirations .
- Incentives: Cash comp is relatively low with discretionary bonuses and no defined performance metrics for Mattucci, suggesting limited pay-for-performance calibration at the EVP level versus CEO/CFO’s structured plans .
- Retention risk: At-will status with no disclosed severance or CoC protection for Mattucci implies limited “golden handcuffs” and potentially higher voluntary/termination flexibility; upside retention relies on role responsibility and option value rather than contractual economics .
- Governance context: Hedging is prohibited, and no pledging is disclosed, reducing misalignment risks; family relationship on the senior team is a general governance consideration for investors .