How Torres was paid
$353,832 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 | Options | Other | Total |
|---|---|---|---|---|---|
| Randolph Wilson Jones IIIFormer Chief Executive Officer and Director | $300,000 | $95,263 | — | — | $395,263 |
| John M. Orobono Jr.Former Chief Financial Officer, Secretary and Director | $220,000 | — | — | $45,000 | $265,000 |
| Virgilio D. TorresChief Executive Officer, Chief Financial Officer, Secretary and Director | $265,000 | $33,125 | $55,707 | — | $353,832 |
What changed and why
- $354K$353,832 was CEO Virgilio Torres's total 2025 compensation, including a $55,707 option award.
- $265K$265,000 was Torres's 2025 salary, versus $400,000 under his amended employment agreement.
- $95,263$95,263 was former CEO Randolph Jones's 2025 bonus, with total compensation of $395,263.
- $45,000$45,000 was severance paid to former CFO John Orobono in 2025.
- 25%Torres's employment agreement provides an annual bonus equal to 25% of salary, depending on business performance.
- $55,707,Torres received a stock option valued at $55,707, with vesting beginning June 30, 2026.
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.