How Bertcher was paid
$56,500 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.
Named executive officers
| Executive | Salary | Total |
|---|---|---|
| Gene S. BertcherChairman, President & Chief Financial Officer | $56,500 | $56,500 |
What changed and why
- $56,500$56,500 was Gene S. Bertcher’s total compensation for 2024, unchanged from 2023.
- 25%25% of Mr. Bertcher’s total compensation was attributable to New Concept Energy.
- No equity awards, incentive compensation, pension benefits, or deferred compensation were reported.
- The company states that executives may be rewarded through equity compensation tied to increasing stockholder value.
- $25,000$25,000 is the minimum annual incentive fee payable to Pillar under the advisory agreement.
Other New Concept Energy proxy statements
- 2026 proxy statement
Gene S. Bertcher paid $60,000 (flat on the year).
Filed Jun 23, 2026
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.