How Reese was paid
$1.2M 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 | Other | Total |
|---|---|---|---|---|---|
| Jason W. ReeseChairman and Chief Executive Officer | $500,000 | $249,999 | $500,000 | — | $1,249,999 |
| Adam M. KleinmanPresident | $400,000 | $200,000 | $62,500 | $76,300 | $738,800 |
| Nichole MilzChief Operating Officer | $325,000 | $200,000 | $106,251 | $113,800 | $745,051 |
What changed and why
- $1.2M$1,249,999: Reese’s total compensation in 2025, down from $1,525,091 in 2024.
- $500K$500,000: Reese’s 2025 stock awards were reported in the Summary Compensation Table.
- $250K$249,999: Reese’s cash bonus; additional fiscal 2025 incentive shares will be reported next year.
- 200%200%: Reese’s target bonus for each of his first five employment years, based on base salary.
- $225K$225,000: Milz’s minimum targeted bonus for fiscal 2025.
- 2,000,000: Reese stock options remain subject to five stock-price vesting triggers.
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.