Victor Galliano
About Victor Galliano
Victor Galliano is Vice President of Marketing at Standard Premium Finance Holdings (SPFX), serving in this role since September 2019; he previously joined the subsidiary SPFMC in 2008 as regional sales manager after more than 25 years in insurance premium finance sales . He is 61 years old (2025 proxy) and holds an MBA with an accounting specialization from St. Thomas University (2001) . During his tenure, he led statewide sales expansion, launched national sales campaigns, and trained junior staff; the proxies do not disclose TSR, revenue growth, or EBITDA growth metrics tied to his role .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Standard Premium Finance Management Corp (SPFMC) | Regional Sales Manager (Florida) | 2008–2012 | Recognized as lead sales representative annually; expanded sales statewide |
| Standard Premium Finance Management Corp (SPFMC) | VP of Sales (Florida) | 2012–2019 | Developed and implemented statewide sales strategy that led to yearly organic growth; launched national sales campaigns; trained junior staff |
| Standard Premium Finance Holdings, Inc. | VP of Marketing | Sep 2019–present | Leads marketing; long-standing sales leadership in premium finance industry |
External Roles
None disclosed in the company’s proxy statements .
Fixed Compensation
Multi-year pay detail for Victor Galliano (named executive officer):
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Base Salary ($) | 175,696 | 172,446 | 192,081 |
| Bonus ($) | 1,701 | 1,522 | 1,522 |
| Option Awards ($) | — | — | — |
| Total ($) | 177,397 | 173,968 | 193,603 |
Notes: “Salary and Commissions paid through payroll” and “Cash bonuses paid through payroll” per proxy tables .
Performance Compensation
- Annual cash bonuses for named executive officers (including Galliano) are determined at the discretion of the Board; a defined bonus plan with specific performance metrics (credit facility size and rate, EPS improvement, Nasdaq listing) is disclosed only for the CEO and CFO, not for Galliano .
- No RSU or PSU grants are disclosed for Galliano in 2022–2024; outstanding equity is via stock options (see Equity Ownership section) .
Annual bonus history:
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Annual Cash Bonus ($) | 1,701 | 1,522 | 1,522 |
Equity Ownership & Alignment
Beneficial ownership and award details:
| Metric | As of Sep 1, 2024 | As of Sep 8, 2025 |
|---|---|---|
| Total Beneficial Ownership (shares) | 43,259 | 43,259 |
| Ownership (% of common shares outstanding) | 1.0% | 1.3% |
| Directly Owned Shares | 15,359 | 15,359 |
| Stock Options (count) | 27,900 | 27,900 |
| Option Exercise Price | $0.80 | $0.80 |
| Option Expiration Date | Feb 28, 2030 | Feb 28, 2030 |
| Vested vs Unvested Breakdown | Not disclosed | Not disclosed |
| Shares Pledged as Collateral | No pledging disclosures; company states no “present arrangements or pledges… which may result in a change of control” | No pledging disclosures; company states no “present arrangements or pledges… which may result in a change of control” |
| Stock Ownership Guidelines | Not disclosed | Not disclosed |
Outstanding equity awards detail (as of Dec 31, 2023):
| Name | Equity Type | Quantity | Exercise Price | Expiration |
|---|---|---|---|---|
| Victor Galliano | Stock Options | 27,900 | $0.80 | Feb 28, 2030 |
Note: Company states options issued under the Equity Incentive Plan vest over a two-year period from grant date; warrants vest at grant. Specific vesting status for Galliano’s options is not separately disclosed in the proxies .
Employment Terms
| Term | Details |
|---|---|
| Employment Agreement | At-will employment agreement dated March 1, 2020 for VP of Marketing; protects confidentiality and return of company documents |
| Contract Term Length | At-will; no specified term |
| Severance (Termination Without Cause/Good Reason) | Not disclosed for Galliano; severance economics detailed only for CEO and CFO in 2025 proxy |
| Change-of-Control Provisions | Not disclosed for Galliano; 2025 proxy change-of-control benefits apply to CEO/CFO only |
| Non-Compete / Non-Solicit | Not disclosed; agreements protect confidential information and company property |
| Clawback Provisions | Not disclosed |
| Equity Plan | 2019 Equity Incentive Plan (max 300,000 shares; 92,600 available as of Mar 15, 2024); awards include options and stock purchase rights |
Performance & Track Record
- Lead sales representative recognition annually since joining in 2008; expanded sales statewide; implemented Florida sales strategy leading to yearly organic growth; launched national sales campaigns; trained junior sales staff .
- No company TSR or financial performance metrics tied specifically to Galliano’s incentives are disclosed in the proxies .
Compensation Structure Analysis
- Compensation mix for Galliano is predominantly fixed salary with small, discretionary cash bonuses; no RSU/PSU grants disclosed in 2022–2024 .
- Defined performance-based incentive mechanics (credit facility, interest rate, EPS improvement, listing milestones) apply to CEO/CFO; Galliano’s bonus lacks disclosed metric weightings or targets, indicating lower formal pay-for-performance alignment vs CEO/CFO .
- Stock options are legacy awards (ten-year term; $0.80 strike; 2030 expiry), with two-year vest schedule under the plan; no recent equity grants disclosed for Galliano in the period reviewed .
Risk Indicators & Red Flags
- Pledging/Hedging: No pledging disclosures for Galliano; company notes no arrangements or pledges that may result in change of control .
- Severance / Golden Parachute: None disclosed for Galliano; CEO/CFO severance and change-of-control benefits were added/clarified in 2025 proxy .
- Clawbacks / Gross-ups / Related Party Transactions: No clawback or tax gross-up disclosures for Galliano; related-party transactions referenced broadly but not tied to Galliano .
- Section 16 Compliance: Company states required filings were in compliance for FY2023 .
Compensation Committee Analysis
- Compensation Committee oversees executive compensation and equity plans; membership includes Scott Howell, MD and Christian Hoechner (independent) .
- Committee reports emphasize attracting/retaining talent and long-term value alignment; however, only CEO/CFO have defined bonus plans with explicit performance metrics; other NEO bonuses are discretionary .
Investment Implications
- Alignment: Galliano’s beneficial stake (43,259 shares and options) indicates personal exposure but remains a small percentage of outstanding shares; ownership rose from 1.0% (2024) to 1.3% (2025) due to share count dynamics, not incremental awards .
- Retention Risk: At-will arrangement with no disclosed severance or change-of-control protections for Galliano suggests higher mobility relative to CEO/CFO; discretionary bonus structure lacks defined performance ties, potentially weakening formal pay-for-performance alignment .
- Selling Pressure: No RSU vesting calendar disclosed and options expire in 2030; near-term vesting-driven selling pressure appears limited based on available disclosures .
- Governance: Absence of disclosed pledging, clawbacks, and formal metric-driven incentives for Galliano points to standard small-cap practices but offers fewer guardrails connecting variable pay to measured outcomes for his role .