How Lonegro was paid
$4.6M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Frank A. LonegroPresident and Chief Executive Officer | $800,000 | $3,473,049 | $210,000 | $3,444 | $88,394 | $4,574,887 |
| James P. ToddVice President and Chief Financial Officer | $375,000 | $714,834 | $47,000 | $62,181 | $28,715 | $1,227,730 |
| Michael K. KnellerVice President, General Counsel and Secretary | $425,000 | $947,384 | $67,000 | $36,920 | $27,553 | $1,503,857 |
| Ricardo S. CoroVice President and Chief Information Officer | $400,000 | $714,834 | $68,000 | — | $31,259 | $1,214,093 |
| Matthew MillerVice President and Chief Safety and Operations Officer | $300,000 | $500,241 | $52,094 | — | $21,886 | $874,221 |
What changed and why
- $4.6MCEO total compensation decreased to $4,574,887 in 2025 from $13,374,405 in 2024.
- 47%Stockholders approved only 47% of the say-on-pay advisory resolution at the 2025 annual meeting.
- 68%Company engaged extensively with stockholders holding approximately 68% of outstanding shares following the 2025 vote.
- A new independent compensation consultant was engaged to holistically review executive compensation programs.
- $800KCEO base salary for 2025 was set at $800,000.
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.