How DeSocio was paid
$481,597 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 |
|---|---|---|---|---|---|
| James F. DeSocioPresident and Chief Executive Officer | $355,000 | $121,200 | $3,521 | $1,876 | $481,597 |
| Joseph D. SpainChief Financial Officer and Treasurer | $240,000 | $90,900 | $2,817 | $6,858 | $340,575 |
| Matthew L. ChretienSecretary and Chief Strategy Officer | $212,000 | $90,900 | $2,817 | $16,529 | $322,246 |
What changed and why
- $482KCEO total compensation decreased to $481,597 in fiscal 2025 from $695,003 in fiscal 2024.
- James F. DeSocio retired as President and CEO in February 2026 and entered into a separation agreement.
- 55%Aislynn G. Forsythe was appointed with an annual base salary of $400,000 and target bonus up to 55%.
- $265KStock awards for CEO James F. DeSocio decreased from $264,900 in 2024 to $121,200 in 2025.
- All named executive officers are eligible to participate in the company 401(k) defined contribution plan.
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.