How Fredrick was paid
$368,830 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 | Other | Total |
|---|---|---|---|---|
| Landen FredrickPresident and Chief Executive Officer | $350,577 | $6,923 | $11,330 | $368,830 |
| James ClavijoChief Financial Officer | $275,000 | $5,288 | $9,411 | $289,699 |
What changed and why
- $369KLanden Fredrick received total compensation of $368,830 in 2025, an increase from $330,939 in 2024.
- No bonuses were awarded under the Management Non-Equity Incentive Bonus Plan because operating profit targets were not achieved.
- James Clavijo was appointed Chief Financial Officer effective July 1, 2024, with his employment agreement expiring June 30, 2026.
- Named Executive Officers do not participate in retirement plans other than the 401(k) 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.