Expion Energy (XPON) executive compensation, 2025 proxy

Brian Schaffner, Chief Executive Officer and Interim Chief Financial Officer, was paid $294,576 in 2024, down 44% from $524,887 the year before.

Filed
June 17, 2025
Annual meeting
July 31, 2025
Pay year
2024
Named executives
3
CEO total pay
$294,576-44% vs prior year
CEO 2024 total
$294,576Down from $524,887 in 2023
NEO option awards
$12,176Reported for each NEO
2025 base salary
$271,150For Shoun and Schaffner
2023 cash bonus
$13,520Received by Shoun and Schaffner
2023 RSU bonus
$13,520Received by Shoun and Schaffner

How Schaffner was paid

$294,576 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.

Salary96%Option awards4%

Named executive officers

ExecutiveTotal
Paul ShounCo-Founder, President, Chairman of our Board, and Former Chief Operating Officer$246,226
Brian SchaffnerChief Executive Officer and Interim Chief Financial Officer$294,576
Greg AydelottFormer Chief Financial Officer$204,176

What changed and why

  • $295K$294,576 CEO total compensation in 2024, down from $524,887 in 2023.
  • $12,176$12,176 in option awards was reported for each named executive officer in 2024.
  • All named executive officers voluntarily declined executive bonuses in 2024.
  • $234K$234,050 was paid to Paul Shoun after his unpaid leave began November 16, 2024.
  • 2025 Employee Incentive Plan introduced performance-based cash bonuses with an RSU election alternative.
  • $271K$271,150 is the 2025 annual base salary for Shoun and Schaffner.

Other Expion Energy proxy statements

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.