How Kratz was paid
$5.1M 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 |
|---|---|---|---|---|---|
| Owen KratzPresident and Chief Executive Officer | $800,000 | $3,838,519 | $420,000 | $8,750 | $5,067,269 |
| Scotty SparksExecutive Vice President and Chief Operating Officer | $460,000 | $1,466,099 | $161,000 | $0 | $2,087,099 |
| Erik StaffeldtExecutive Vice President and Chief Financial Officer | $460,000 | $1,578,055 | $161,000 | $8,750 | $2,207,805 |
| Ken NeikirkExecutive Vice President, General Counsel and Corporate Secretary | $420,000 | $1,012,949 | $147,000 | $8,750 | $1,588,699 |
What changed and why
- $5.7MCEO total compensation decreased from $5,675,840 in 2024 to $5,067,269 in 2025 primarily due to lower non-equity incentive plan payouts.
- $20,000Base salaries remained unchanged for CEO and COO, while CFO and General Counsel each received $20,000 increases.
- Long-term incentive awards continued to be split evenly between time-vesting RSUs and performance-based stock units.
- 93%The 2025 executive compensation program received a 93% favorable say-on-pay vote from shareholders.
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.