How Vanderhook was paid
$1.5M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Tim VanderhookChief Executive Officer and Chairman | $700,000 | — | $776,636 | $30,000 | $1,506,636 |
| Chris VanderhookChief Operating Officer and Director | $700,000 | — | $776,636 | $30,000 | $1,506,636 |
| Larry MaddenChief Financial Officer | $645,840 | $1,977,053 | $286,619 | — | $2,909,512 |
What changed and why
- $1.5MTim Vanderhook received total compensation of $1,506,636 in fiscal 2025, representing a decrease from the prior year total of $4,169,668.
- Base salaries for named executive officers remained unchanged from 2024 levels.
- 111%Annual Incentive Plan performance targets for 2025 were achieved at 111% based on contribution excluding traffic acquisition costs and adjusted EBITDA.
- Named executive officers did not receive stock or option awards in fiscal 2025, except for Larry Madden who received restricted stock units.
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.