How Preston was paid
$3.4M 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 | Other | Total |
|---|---|---|---|---|---|
| Stephen PrestonChief Executive Officer and President | $750,000 | $390,000 | $1,907,526 | $392,014 | $3,439,540 |
| Pierre RevolChief Financial Officer, Treasurer, and Secretary | $201,563 | $250,000 | $1,182,372 | $44,496 | $1,678,431 |
| Drew IrelandChief Operating Officer | $400,000 | $160,000 | $286,125 | $129,973 | $976,098 |
| Randall StarrFormer Co-Chief Executive Officer and Co-President | $370,191 | — | $1,669,095 | $136,866 | $2,176,152 |
What changed and why
- $3.4MStephen Preston received a total compensation of $3,439,540 for fiscal year 2025.
- Annual base salaries for named executive officers remained unchanged from the prior year.
- $650KDrew Ireland's target annual stock award value was increased to $650,000 for fiscal 2026.
- LTIP Units were introduced alongside RSUs as approved forms of equity compensation.
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.