How Sledge was paid
$6.5M 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 | Other | Total |
|---|---|---|---|---|---|
| Samuel D. SledgeChief Executive Officer | $975,000 | $4,391,410 | $1,137,500 | $35,802 | $6,539,712 |
| Caleb L. WeatherlChief Financial Officer | $245,959 | $1,013,864 | $229,000 | $57,991 | $1,546,814 |
| Adam MuñozPresident and Chief Operating Officer | $612,000 | $1,951,732 | $613,200 | $67,622 | $3,244,554 |
| Shelby FietzChief Commercial Officer | $505,000 | $975,875 | $478,150 | $62,311 | $2,021,336 |
| John J. “Jody” MitchellGeneral Counsel | $500,000 | $975,875 | $473,400 | $53,539 | $2,002,814 |
| Celina A. DavilaFormer Interim Principal Financial Officer | $320,000 | $179,343 | $301,800 | $52,132 | $853,275 |
| David S. SchorlemerFormer Chief Financial Officer | $91,726 | — | — | $1,607,479 | $1,699,205 |
What changed and why
- $6.5MCEO total compensation increased to $6,539,712 in 2025 compared to $5,987,447 in 2024.
- Free cash flow and PROPWR commercial development achieved maximum performance payout levels.
- Adjusted EBITDA performance under the Annual Bonus Plan was below target due to challenging market conditions.
- 95%Stockholders approved the previous executive compensation program with a 95% favorable advisory vote.
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.