How Travis was paid
$2.4M 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 | Other | Total |
|---|---|---|---|---|---|
| William B. HainesChairman | $788,461 | $722,500 | — | $39,152 | $1,550,113 |
| Thomas L. TravisPresident & CEO | $788,461 | $722,500 | $825,001 | $39,067 | $2,375,029 |
| Jason E. EstesExecutive Vice President and CCO | $503,846 | $412,500 | $1,748,246 | $34,802 | $2,699,394 |
What changed and why
- $2.4MThomas L. Travis received total compensation of $2,375,029 for fiscal 2025, representing an increase from the prior year.
- $75,000Base salaries for named executive officers were increased by $75,000 to $100,000 in the third quarter of 2025.
- $723KDiscretionary cash bonuses of $722,500 were awarded to both the Chairman and the CEO for 2025.
- Long-term equity incentives in 2025 consisted of restricted stock units granted under the 2018 Equity Incentive Plan.
- Jason E. Estes received a special retention award of 30,000 restricted stock units vesting over an eight-year period.
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.