How Crenshaw was paid
$459,969 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| J. Casey CrenshawInterim Chief Executive Officer (Current) | $459,969 | — | — | — | $459,969 |
| Westervelt T. Ballard, Jr.Chief Executive Officer (Former) | $50,623 | — | — | $1,483,070 | $1,533,693 |
| Andrew PuhalaChief Financial Officer | $350,414 | $30,000 | $142,363 | $13,309 | $536,086 |
What changed and why
- $460K$459,969 was 2025 total compensation for interim CEO J. Casey Crenshaw, with no equity or non-equity incentive compensation.
- $1.5M$1,533,693 was former CEO Westervelt T. Ballard, Jr.’s 2025 total compensation, including $884,615 separation pay.
- $536K$536,086 was CFO Andrew Puhala’s 2025 total compensation, including a $142,363 performance award and $30,000 transition payment.
- $1.5M$1,483,070 of Ballard’s other compensation included separation pay, consulting fees, other pay, and 401(k) contributions.
- Adjusted EBITDA was the company’s most important financial performance measure for compensation.
- $1.9MBallard’s compensation actually paid increased to $1,908,709 in 2025 primarily because modified stock options were revalued.
Other Stabilis Solutions proxy statements
- 2025 proxy statement
Westervelt T. Ballard, Jr. paid $551,872 (-58% on the year).
Filed Jun 25, 2025
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.