Edible Garden (EDBL) executive compensation, 2025 proxy

James E. Kras, Chief Executive Officer, was paid $500,000 in 2024, up 67% from $300,000 the year before.

Filed
August 8, 2025
Annual meeting
September 24, 2025
Pay year
2024
Named executives
3
CEO total pay
$500,000+67% vs prior year
CEO bonus
$200,000Discretionary offering-related bonuses
Interim CFO total
$213,100Entirely reported as salary
Former CFO total
$625,000Included separation payments
New CEO base salary
$450,000Under May 2025 agreement
CEO transaction bonus
$500,000Paid after specified transactions
Planned CEO equity awards
$2,000,000RSUs and options, subject to approval

How Kras was paid

$500,000 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.

Salary60%Bonus40%

Named executive officers

ExecutiveTotal
James E. KrasChief Executive Officer$500,000
Kostas DafoulasInterim Chief Financial Officer$213,100
Michael JamesFormer Chief Financial Officer$625,000

What changed and why

  • $500K$500,000 CEO total compensation in 2024, up from $300,000 in 2023.
  • $200K$200,000 discretionary CEO bonuses followed completion of two best-efforts public offerings.
  • $625K$625,000 former CFO compensation included $300,000 milestone payments and a $25,000 restricted stock award.
  • January 2024 CFO retirement led to a separation agreement providing salary continuation and milestone payments.
  • $450K$450,000 CEO base salary and $500,000 transaction bonus were established under the May 2025 employment agreement.
  • $1M$1,000,000 each in restricted stock units and nonqualified stock options were promised subject to 2025 Plan approval.

Other Edible Garden proxy statements

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.