How Olson was paid
$194,594 in total for 2024, 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 | Other | Total |
|---|---|---|---|---|---|---|
| Eric OlsonChief Executive Officer | $135,962 | $25,000 | — | — | $33,632 | $194,594 |
| B. Sonny BalChief Executive Officer | $253,788 | $7,222 | $7,716 | $19,622 | $152,303 | $440,651 |
| David O’BrienChief Operating Officer | $220,769 | $5,510 | $3,443 | $9,821 | $130,281 | $369,824 |
What changed and why
- $195K2024 CEO Eric Olson’s total compensation was $194,594, including $25,000 in bonus compensation.
- $441KB. Sonny Bal’s 2024 total compensation was $440,651, including $7,716 in stock awards and $19,622 in option awards.
- $370KDavid O’Brien’s 2024 total compensation was $369,824, including $3,443 in stock awards and $9,821 in option awards.
- Annual incentives consider financial objectives, financial discipline, business development, product development, and long-term business stability.
- Change-in-control terms provide Olson three times highest annual salary including bonuses after qualifying termination.
- 100%401(k) matching provides 100% on first 3% and 50% above 3% through 5%.
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.