How Reinhart was paid
$3.4M in total for fiscal 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 | Total |
|---|---|---|---|---|
| James ReinhartChief Executive Officer and Co-Founder | $914,667 | $1,795,600 | $735,000 | $3,445,267 |
| Christopher HomerChief Operating Officer and Co-Founder | $635,000 | $636,500 | $285,750 | $1,557,250 |
| Sean SobersChief Financial Officer | $635,000 | $415,400 | $190,500 | $1,240,900 |
What changed and why
- $3.4MChief Executive Officer total compensation decreased to $3,445,267 in fiscal 2025 from $5,087,000 in fiscal 2024.
- 150%Named executive officers earned 150% of their quarterly incentive targets under the 2025 Incentive Plan.
- Net revenue and Adjusted EBITDA were the two equally weighted financial metrics used in the 2025 incentive plan.
- $1.8MStock awards for the chief executive officer decreased to $1,795,600 compared to $3,960,000 in the prior year.
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.