USA Rare Earth (USAR) executive compensation, 2026 proxy

Barbara Humpton, Chief Executive Officer, was paid $11.7M in 2025.

Filed
April 23, 2026
Annual meeting
June 3, 2026
Pay year
2025
Named executives
4
CEO total pay
$11.7M2025
CEO pay in equity
99%$11.5M in awards
CEO Annual Base Salary
$750,000Established under employment agreement
CFO Target Bonus
60%Percentage of annual base salary

How Humpton was paid

$11.7M 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.

Salary1%Stock awards99%

Named executive officers

ExecutiveTotal
Barbara HumptonChief Executive Officer$11,704,645
Joshua BallardFormer Chief Executive Officer$5,516,087
William Robert Steele Jr.Chief Financial Officer$4,827,271
David KronenfeldFormer Chief Legal Officer$2,242,430

What changed and why

  • $11.7MBarbara Humpton was appointed Chief Executive Officer effective October 1, 2025, receiving total compensation of $11,704,645.
  • $5.5MFormer CEO Joshua Ballard received total compensation of $5,516,087 for fiscal 2025.
  • William Robert Steele Jr. was appointed Chief Financial Officer on March 24, 2025.
  • David Kronenfeld received milestone compensation related to the company merger.

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.