How Brecher was paid
$873,425 in total for 2026, 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 | Other | Total |
|---|---|---|---|---|
| Howard A. BrecherChairman, CEO, Chief Legal Officer | $700,000 | $157,500 | $15,925 | $873,425 |
| Stephen R. AnastasioVice President and Treasurer | $545,000 | $276,494 | $15,925 | $837,419 |
What changed and why
- $873K$873,425: CEO total compensation for fiscal 2026, compared with $890,042 in fiscal 2025.
- $158K$157,500: CEO fiscal 2026 bonus, below the $175,000 bonus received for fiscal 2025.
- $500K$500,000: CEO fiscal 2026 target bonus opportunity, up from $450,000 for fiscal 2025.
- No long-term incentive award was included in the CEO’s fiscal 2026 target compensation.
- Bonuses reflected competitive conditions, individual performance and Company success rather than a fixed formula.
- 99.9%99.9%: Shareholders supported the company’s executive compensation at the 2023 annual meeting.
Other Value Line proxy statements
- 2025 proxy statement
Howard A. Brecher paid $890,042 (-5% on the year), pay ratio 11:1.
Filed Aug 22, 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.