How Cutaia was paid
$1.7M 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 | Total |
|---|---|---|---|---|
| Rory J. CutaiaFormer Chairperson of the Board, President and Chief Executive Officer | $490,000 | $740,000 | $500,000 | $1,730,000 |
| Bill J. RivardFormer interim Chief Financial Officer | $225,000 | — | $225,000 | $479,000 |
What changed and why
- $1.73M$1.73 million was Rory Cutaia’s 2024 total compensation, up from $976 thousand in 2023.
- $740K$740 thousand was Cutaia’s 2024 performance bonus, including a $490 thousand annual incentive award.
- $500K$500 thousand in RSUs was granted to Cutaia on November 8, 2024, vesting over four years.
- $479K$479 thousand was Bill Rivard’s 2024 total compensation, including $225 thousand in RSUs.
- $225K$225 thousand in RSUs was granted to Rivard on November 8, 2024, vesting over four years.
- $1.427M$1.427 million in fully vested RSUs was granted to Cutaia in August 2025 for expanding his non-compete.
Other TON Strategy proxy statements
- 2026 proxy statement
Veronika Kapustina paid $4.8M.
Filed Apr 30, 2026
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.