How Burke was paid
$845,842 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Fred BurkePresident and Chief Executive Officer | $463,500 | — | $347,625 | $34,717 | $845,842 |
| David MorrisExecutive Vice President and Chief Financial Officer | $412,000 | $239,997 | $309,000 | $35,707 | $996,704 |
| Kendall ForbesExecutive Vice President, Sales & Operations | $412,000 | $239,997 | $309,000 | $33,737 | $994,734 |
What changed and why
- $846KCEO total compensation increased to $845,842 in 2025 from $766,103 in 2024.
- 125%Annual cash incentive payouts were achieved at the maximum level of 125% of target.
- $1.45BCompany revenue reached $1.45 billion and Adjusted EBITDA reached $115.1 million in 2025.
- Mr. Burke did not receive any equity awards in 2025 at his request.
- $240KMr. Morris and Mr. Forbes each received $239,997 in restricted stock units under the 2025 LTIP.
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.