BEASLEY BROADCAST GROUP INC
For the period ended Apr 28, 2025. Filed Apr 29, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 28, 2025 · Filed Apr 29, 2025
Contents
PAY VERSUS PERFORMANCE
In accordance with the SEC’s disclosure requirements regarding pay versus performance, this section presents the SEC-defined “Compensation Actually Paid,” or CAP. Also required by the SEC, this section compares CAP to various measures used to gauge our performance. CAP is a supplemental measure to be viewed alongside performance measures as an addition to the philosophy and strategy of compensation-setting discussed elsewhere in this Proxy Statement, not in replacement.
Pay Versus Performance Table
The following table sets forth information concerning the compensation of our named executive officers for each of the fiscal years ended December 31, 2022, 2023 and 2024, and our financial performance for each such fiscal year:
| Value of Initial Fixed $100Investment Based on: | ||||||
|---|---|---|---|---|---|---|
| Year | SummaryCompensationTable Total forPEO($) | CompensationActually Paid toPEO($)(1) | AverageSummaryCompensationTable Total forNon-PEO NEOs($) | AverageCompensationActually Paid toNon-PEO NEOs($)(1) | Total Shareholder Return($) | Net Loss($) |
| 2024 | 1,550,494 | 1,652,294 | 677,800 | 736,258 | 31.58 | (5,887,258) |
| 2023 | 2,366,595 | 2,368,595 | 991,378 | 992,778 | 59.06 | (75,120,138) |
| 2022 | 2,203,975 | 2,073,975 | 966,610 | 875,610 | 61.74 | (42,057,430) |
(1)
Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
| Year | PEO | Non-PEO NEOs |
| 2024 | Caroline Beasley | Bruce Beasley and Brian Beasley |
| 2023 | Caroline Beasley | Bruce Beasley and Brian Beasley |
| 2022 | Caroline Beasley | Bruce Beasley and Brian Beasley |
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
| Adjustments | PEO | Average Non-PEO NEOs |
|---|---|---|
| Deduction for Amounts Reported under the “Stock Awards” Column in the Summary Compensation Table for Applicable FY | ||
| Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End | ||
| Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date | ||
| Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End | $(122,850) | $(75,246) |
| Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date | $(12,500) | $(8,750) |
| TOTAL ADJUSTMENTS | $(135,350) | $(83,996) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.