CPS TECHNOLOGIES CORP/DE/
For the period ended Apr 29, 2025. Filed Mar 17, 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 29, 2025 · Filed Mar 17, 2025
Contents
Pay Versus Performance
| Year # | Summary Compensation Table Total for Principal Executive Officer (“PEO”) | "Compensation Actually Paid" to PEO | Average Summary Compensation Table Total for Non-PEO NEOs 1 | Average "Compensation Actually Paid" to Non-PEO Named Executive Officers (“NEOs”) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return | Net Income (thousands $) |
|---|---|---|---|---|---|---|
| 2024 | 333,389 | 313,800 | 239,720 | 220,131 | 70.74 | (3,135) |
| 2023 | 710,347 | 354,112 | 300,716 | 279,230 | 102.62 | 1,370 |
| 2022 | 566,674 | 439,039 | 289,450 | 289,450 | 117.47 | 2,131 |
Note 1: Non-PEO consists of Charles Griffith, Chief Financial Officer, and Daniel Barton, Vice President Operations, for 2024. 2023 and 2022 include Mr. Griffith only, but excludes the $20,000 bonus for service as acting PEO in 2023, which is included in the 2023 PEO compensation above, see note (3) to the Summary Compensation Table below.
Officer compensation (both named and un-named) is determined by the Board. In terms of base salary the Board considers the market for similarly situated employees at peer companies and the employee’s overall performance both individually and as it relates to the overall results. Variable compensation considers revenue and profitability during the year as they relate to the financial plan submitted to and approved by the Board prior to the beginning of the fiscal year. Compensation actually paid to the PEO and Non-PEO NEO reflects the actual salaries and other compensation plus the bonus amount accrued for during the year, but paid early in the following year. The Board elected not to consider shareholder return as a factor in results that would impact compensation.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.