Interactive Strength (TRNR) executive compensation, 2025 proxy

Trent A. Ward, Chief Executive Officer, was paid $300,000 in 2024.

Filed
August 18, 2025
Annual meeting
September 26, 2025
Pay year
2024
Named executives
2
CEO total pay
$300,0002024
2023 CEO option awards
$19,755,877Prior-year equity compensation
2023 CEO total
$20,050,877Prior-year total compensation
2024 CFO total
$250,000All reported as salary
CEO bonus target
75%Effective beginning in 2024

How Ward was paid

$300,000 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.

Salary100%

Named executive officers

ExecutiveTotal
Trent A. WardChief Executive Officer$300,000
Michael J. MadiganChief Financial Officer$250,000

What changed and why

  • $300K2024 CEO total compensation was $300,000, down from $20,050,877 in 2023.
  • $19.8M2023 CEO compensation included $19,755,877 in option awards.
  • $250K2024 CFO total compensation was $250,000, all reported as salary.
  • Annual Incentive Plan was not utilized in 2024.
  • No equity awards were granted in 2024.
  • 75%Trent Ward's 2024 annual bonus target was 75% of base salary.

Other Interactive Strength proxy statements

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.