How Marshall was paid
$2.5M 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 | Bonus | Stock | Options | Total |
|---|---|---|---|---|---|
| Allan MarshallCEO and Director | $840,000 | $399,231 | $171,000 | $1,091,963 | $2,502,194 |
| Andrew NorstrudChief Financial Officer | $266,385 | $350,000 | $228,000 | — | $844,385 |
| Brian RudickChief Strategy Officer | $25,385 | — | — | — | $25,385 |
What changed and why
- $2.5M$2,502,194 was Allan Marshall’s 2025 total compensation, compared with $1,090,769 in 2024.
- $2.5M$2,500,000 of Allan Marshall’s bonus was accrued and unpaid at June 30, 2025, excluded from the table.
- $350K$350,000 of Andrew Norstrud’s bonus was accrued and unpaid at June 30, 2025, excluded from the table.
- 75,000 restricted shares awarded to Marshall cliff vest after six months of continued employment.
- 10%100,000 restricted shares awarded to Norstrud vest 10% monthly over 10 months.
- No pension, retirement, or similar benefit plans cover the company’s executive officers.
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.