How Gerdin was paid
$1.1M 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 | Other | Total |
|---|---|---|---|---|
| Mr. Michael J. GerdinChief Executive Officer, Chairman, President and Director | $1,050,000 | — | $20,362 | $1,070,362 |
| Mr. Christopher A. StrainVice President of Finance, Treasurer, and Chief Financial Officer | $364,000 | $10,960 | $17,433 | $392,393 |
| Mr. Kent D. RigdonChief Operating Officer | $327,600 | $10,960 | $6,552 | $345,112 |
| Mr. David P. MillisDirector and Millis Transfer President | $190,424 | $99,996 | $4,420 | $294,840 |
| Mr. Joshua S. HelmichChief Administrative Officer and Secretary | $286,000 | $10,960 | $14,416 | $311,376 |
What changed and why
- $1.1MCEO total compensation was $1,070,362 for fiscal year 2025.
- 97.4%Stockholders approved the 2025 say-on-pay proposal by 97.4% of votes cast.
- The CEO to median employee pay ratio was approximately 19 to 1.
- $100Total shareholder return was (52.5) based on an initial $100 investment.
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.