How Hanneman was paid
$331,080 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 | Options | Other | Total |
|---|---|---|---|---|
| Karl HannemanCEO | $170,369 | $94,910 | $65,801 | $331,080 |
| David CrossCFO | $51,530 | $9,491 | — | $61,021 |
What changed and why
- 9%Total compensation for NEOs increased 9% between 2024 and 2025.
- 2.7%Cash compensation for NEOs increased 2.7% due to a cost of living adjustment.
- $343KThe CEO's salary was increased to $342,538 in 2026 due to increased time requirements.
- Options were granted to each of the CEO and CFO as incentive compensation.
- The CEO achieved substantially all performance objectives established by the Board.
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.