How Rasmus was paid
$142,979 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Robert RasmusPresident, Chief Executive Officer and Director | $50,000 | — | $60,479 | $32,500 | — | $142,979 |
| Clay SmithGeneral Counsel | $320,000 | — | $290,298 | $104,000 | $9,385 | $723,683 |
| Jeremy WilliamsonFormer Chief Operating Officer | $361,538 | $5,000 | $340,196 | $113,750 | $10,693 | $831,177 |
What changed and why
- $143KChief Executive Officer total compensation increased to $142,979 from $115,385 in the prior year.
- $60,479Stock awards for the Chief Executive Officer were valued at $60,479 for the fiscal year.
- Short-term incentive plan payouts were denied for named executive officers following low performance achievement metrics.
- 97%Stockholders previously approved the executive compensation program with approximately 97 percent support.
- Long-term incentives were divided equally between restricted stock awards and performance share units.
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.