Twin Vee PowerCats (VEEE) executive compensation, 2025 proxy

Joseph C. Visconti, President and Chief Executive Officer, was paid $1M in 2024, up 70% from $599,758 the year before.

Filed
October 23, 2025
Annual meeting
December 4, 2025
Pay year
2024
Named executives
3
CEO total pay
$1M+70% vs prior year
CEO bonus
$500,0002024 cash bonus
CEO option awards
$84,900Grant-date fair value
CEO bonus target
120%Of annual base salary
Dickerson total pay
$421,932Partial-year 2024 compensation
Yarborough total pay
$312,2232024 total compensation
Dickerson bonus target
50%Of annual base salary

How Visconti was paid

$1M 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.

Salary38%Bonus49%Option awards8%All other compensation5%

Named executive officers

ExecutiveTotal
Joseph C. ViscontiPresident and Chief Executive Officer$1,022,073
Michael P. DickersonFormer Chief Financial & Administrative Officer$421,932
Preston YarboroughVice President$312,223

What changed and why

  • $1M$1,022,073: CEO total compensation in 2024, compared with $599,758 in 2023.
  • $500K$500,000: CEO bonus exceeded his 2024 salary of $384,233.
  • 120%120%: CEO annual bonus target equals 120% of annual base salary.
  • $114K$114,300: Former CFO Michael Dickerson received the largest 2024 option award among the named executives.
  • $25,000$25,000: Dickerson received relocation expenses and temporary lodging after joining the Company.
  • 50%50%: Dickerson’s annual bonus target equals 50% of annual base salary.

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.