How Walker was paid
$759,174 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 | Stock | Other | Total |
|---|---|---|---|---|
| Marlan D. WalkerChief Executive Officer | $500,000 | $250,000 | $9,174 | $759,174 |
| Joseph ZieglerPrincipal Financial and Accounting Officer | $120,000 | — | — | $120,000 |
What changed and why
- $759K$759,174 was CEO Marlan Walker’s 2024 total compensation, down from $1,019,817 in 2023.
- $250K$250,000 of Walker’s 2024 compensation was restricted stock and performance restricted stock awards.
- $500K$500,000 was Walker’s 2024 salary, compared with $476,462 in 2023.
- 50%50% of salary was Walker’s contractual annual short-term incentive compensation target.
- $120K$120,000 was Joseph Ziegler’s 2024 compensation under the JZ Advisory services arrangement.
- 1.5x1.5x target annual incentive compensation was included in Walker’s qualifying termination benefits.
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.