How Warbington was paid
$587,220 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 | Other | Total |
|---|---|---|---|
| Timothy WarbingtonChief Executive Officer | $339,000 | $247,500 | $587,220 |
| Donald DickersonChief Financial Officer | $300,000 | $225,000 | $525,000 |
What changed and why
- $587K$587,220 was CEO Timothy Warbington's 2024 total compensation, versus $522,620 in 2023.
- $339K$339,000 was Warbington's 2024 salary, while CFO Donald Dickerson received $300,000.
- 30%30% of base salary is the annual cash bonus target for each named executive officer.
- 30%30% of base salary is the stated value of each executive's annual stock option grant.
- $248K2024 compensation included $247,500 in other compensation for Warbington and $225,000 for Dickerson.
- No named executive officers had unvested stock awards outstanding at December 31, 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.