How MacPherson was paid
$1.1M 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 | Other | Total |
|---|---|---|---|
| Richard MacPhersonPresident and Chief Executive Officer, and Director | $1,000,000 | $146,279 | $1,146,279 |
| John PavlishSenior Vice President | $500,000 | $23,082 | $523,082 |
| James TrettelChief Operating Officer | $600,000 | $22,093 | $622,093 |
What changed and why
- $1.15M$1.15M CEO total compensation in 2025, down from $2.86M in 2024.
- $500K$500,000 cash retention bonus awarded to the CEO for extending employment through May 31, 2030.
- $250K$250,000 cash retention bonus awarded to the COO for extending employment through May 31, 2030.
- $1.0M$1.0M CEO base salary remained unchanged under the May 2026 amended agreement.
- $1.0M$1.0M annual discretionary bonus limit applies to the CEO.
- A clawback policy covers incentive compensation based on subsequently restated financial results.
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.