How Prejean was paid
$2M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| R. Wayne PrejeanInterim Chair, President, and Chief Executive Officer | $600,000 | $1,723 | $917,503 | $499,235 | $27,662 | $2,046,123 |
| David R. JohnsonChief Financial Officer | $392,000 | $2,502 | $400,041 | $340,663 | $36,353 | $1,171,559 |
| Michael W. Domino, Jr.President, Directional Tool Rentals Division | $320,000 | $1,923 | $244,428 | $206,350 | $6,138 | $778,839 |
What changed and why
- $2.9MCEO total compensation decreased from $2,920,147 in 2024 to $2,046,123 in 2025.
- 92.5%Annual cash bonuses for 2025 were paid out at 92.5% of target.
- 100.0%Adjusted Free Cash Flow Margin achieved a 100.0% weighted average payout based on 11.7% performance.
- $159.5MRevenue reached $159.5 million achieving a 92.3% payout level.
- 90.0%HSE performance goals were awarded at 90.0% by the Compensation Committee.
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.