How Hardy was paid
$896,943 in total for fiscal 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 |
|---|---|---|---|---|---|
| John A. HardyChief Executive Officer | $561,401 | — | $335,542 | — | $896,943 |
| L'Sheryl D. HudsonChief Financial Officer | $310,767 | $9,250 | — | $29,814 | $349,813 |
| Kenneth I. DenosSecretary and CCO | $457,744 | — | $167,771 | — | $625,515 |
What changed and why
- $897KChief Executive Officer total compensation increased to $896,943 in 2025 from $534,667 in 2024.
- The Compensation Committee approved restricted stock awards totaling 200,523 shares under the 2016 Plan.
- No restricted stock or other equity incentives had been awarded to named executive officers since 2017.
- $2.51Restricted shares were valued at $2.51 each, matching the net asset value per share on the grant date.
- Shareholders approved the 2025 Equity Incentive Plan on March 19, 2026.
- 76.5%Prior year say-on-pay proposal received 76.5% support from submitted votes.
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.