How Gilfeather was paid
$2.1M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Michael J. GilfeatherPresident, Chief Executive Officer and Director | $700,000 | — | $609,001 | $450,000 | $333,481 | $2,092,482 |
| Joseph A. RuhlExecutive Vice President and Regional President | $355,350 | — | $144,908 | $200,000 | $103,244 | $803,502 |
| Michael LeslerExecutive Vice President, Chief Financial Officer | $350,200 | $50,000 | $142,808 | $180,000 | $59,602 | $782,610 |
What changed and why
- $2.1MCEO total compensation increased to $2,092,482 in 2025 from $1,892,769 in 2024.
- $700KBase salary for the CEO was $700,000 for fiscal 2025.
- Annual incentive plan payouts reflected exceptional company performance reaching maximum levels.
- Stock awards of 19,206 restricted stock units were granted to the CEO.
- Michael Lesler joined as a named executive officer and received a discretionary bonus.
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.