How Flanigan was paid
$1.6M 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 | Incentive | Other | Total |
|---|---|---|---|---|
| James G. FlaniganChairman of the Board and Chief Executive Officer | $145,000 | $1,364,000 | $65,000 | $1,574,000 |
| Jeffrey D. KastnerChief Financial Officer, General Counsel and Secretary | $140,000 | $897,000 | — | $1,037,000 |
| August BucciChief Operating Officer and Executive Vice President | $140,000 | $897,000 | — | $1,037,000 |
| Christopher O’NeilVice President of Package Operations | $379,000 | — | — | $379,000 |
What changed and why
- $1.6MJames G. Flanigan received total compensation of $1,574,000 for fiscal year 2025, representing an increase from $1,297,000 in 2024.
- Named executive officers are employed at will and do not have employment agreements, severance agreements, or change in control cash payments.
- The company does not have any equity compensation plans or stock option plans.
- Executive bonuses are performance-based and tied to annual pre-tax income, depreciation, and amortization thresholds.
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.