How Lawless was paid
$274,833 in total for 2024, 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 | Options | Total |
|---|---|---|---|
| Jeffrey ThramannExecutive Chairman | $317,100 | $211,000 | $528,100 |
| Michael LawlessChief Executive Officer | $274,833 | — | $274,833 |
| John MahoneyChief Financial Officer | $275,000 | — | $275,000 |
What changed and why
- $275K2024 CEO total compensation was $274,833, compared with $260,000 in 2023.
- $211K$211,000 in option awards made Jeffrey Thramann's 2024 total compensation $528,100.
- 50%50% was the maximum annual bonus opportunity for each named executive officer.
- $351KJuly 1, 2024 salary increases raised Thramann's approved salary to $351,300 and Lawless's to $304,500.
- No annual cash bonuses had been approved or paid for 2024 as of the filing date.
- $275KJohn Mahoney received $275,000 in salary and total compensation during 2024.
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.