How Manna was paid
$434,114 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 | Other | Total |
|---|---|---|---|
| Michael E. MannaPresident and Chief Executive Officer | $415,001 | $19,113 | $434,114 |
| Philip A. FainChief Financial Officer, Treasurer and Secretary | $370,142 | $24,003 | $394,145 |
What changed and why
- 2025 STIP awards: neither named executive officer earned an award.
- 60%60% and 50%: 2025 STIP target bonus levels for Manna and Fain, respectively.
- $18.5M$18.5 million: 2025 STIP consolidated operating profit target.
- 10.7%10.7%: Manna’s approved base salary increase effective December 2024.
- 3.0%3.0%: Fain’s approved base salary increase effective December 2024.
- No stock options or other equity awards were granted to named executive officers in 2025.
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.