How Sprau was paid
$8.3M 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 | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|---|
| J. SprauChief Executive Officer | $1,000,000 | — | $1,750,000 | $3,872,112 | $1,581,930 | $77,803 | $8,281,845 |
| S. ButzChief Financial Officer | $600,000 | $250,000 | $500,000 | $1,220,779 | $691,170 | $14,000 | $3,275,949 |
| S. HansenChief Operating Officer | $575,000 | — | $425,000 | $1,478,523 | $637,360 | $47,166 | $3,163,049 |
| J. SchwartzChief Strategy Officer | $450,000 | — | $200,000 | $1,844,321 | $345,580 | $14,000 | $2,853,901 |
| B. SekiGeneral Counsel | $470,000 | — | $225,000 | $542,601 | $453,950 | $12,020 | $1,703,571 |
What changed and why
- Following our initial public offering, we achieved back-to-back record inaugural quarters.
- $8.3MCEO total compensation was $8,281,845 for fiscal year 2025.
- Robust 2026 outlook is underpinned by record year-end backlog.
- $1.8MJeffrey Sprau received stock awards valued at $1,750,000 and option awards of $3,872,112.
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.