How Knight was paid
$5.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Justin G. KnightChief Executive Officer | $660,591 | $3,800,578 | $419,062 | $194,917 | $5,075,148 |
| Nelson G. KnightPresident, Real Estate and Investments | $573,092 | $1,648,586 | $181,778 | $110,439 | $2,513,895 |
| Elizabeth S. PerkinsSenior Vice President and Chief Financial Officer | $567,582 | $1,632,735 | $180,030 | $107,396 | $2,487,743 |
| Karen C. GallagherSenior Vice President and Chief Operating Officer | $529,008 | $1,521,771 | $167,795 | $102,910 | $2,321,484 |
| Rachel S. LabrecqueSenior Vice President and Chief Accounting Officer | $484,924 | $996,398 | $109,866 | $83,808 | $1,674,996 |
What changed and why
- $5.1MCEO total compensation decreased to $5,075,148 in 2025 from $5,788,558 in 2024.
- 78%Approximately 78% of executive target compensation for 2025 is incentive-based.
- 75%Approximately 75% of executive target incentive-based compensation for 2025 is payable in Common Shares.
- Shareholders approved the 2024 Omnibus Incentive Plan and an employee stock purchase plan.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.