How Burton was paid
$3.8M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| David BurtonPresident and Chief Executive Officer | $765,769 | $150,000 | $382,884 | $2,497,320 | $3,795,973 | $3,795,973 |
| Mark ZellmannPresident of U.S. Business Lines | $325,009 | $50,000 | $247,202 | $439,973 | $1,062,184 | $1,062,184 |
| Penelope PersonChief Commercial Officer | $142,000 | — | $208,864 | $282,196 | $633,060 | $633,060 |
What changed and why
- $3.8MDavid Burton received total compensation of $3,795,973 in 2025 compared to $1,700,513 in 2024.
- Discretionary bonuses were awarded for IPO completion efforts.
- Class B units were crystallized and converted into shares of common stock upon the IPO.
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.