OMNIQ Corp
For the period ended Feb 28, 2024. Filed Feb 28, 2024.
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.
Feb 28, 2024 · Filed Feb 28, 2024
Contents
Pay Versus Performance
The following table sets forth compensation information for our chief executive officer, referred to below as our CEO, and our other named executive officers, or NEOs, for purposes of comparing their compensation to the value of our shareholders’ investments and our net income, calculated in accordance with SEC regulations, for fiscal years 2023 and 2022.
| Year | Summary Compensation Table Total for CEO(1) | Compensation Actually Paid to CEO(2) | Average Summary Compensation Table Total for Non-CEO NEOs(3) | Average Compensation Actually Paid to Non-CEO NEOs(4) | Value of Initial Fixed $100 Investment Based On Total Shareholder Return(5) | Net Income |
|---|---|---|---|---|---|---|
| 2023 | $871 | 840 | $87 | $74 | $14.87 | $14,201 |
| 2022 | $877 | 774 | $74 | $63 | $70.70 | $13,614 |
Relationship between Pay and Performance
Our “total shareholder return,” as set forth in the above table, during the two-year period ended December 31, 2023 decreased by (89%) compared to (a) a decrease in “compensation actually paid” to our CEO from $877 thousand in 2022 to $871 thousand in 2023 and (b) an increase in average “compensation actually paid” to our non-CEO NEOs from $63 thousand in 2022 to $74 thousand in 2023. In addition, our net loss during the two-year period ended December 31, 2022 increased by 4.3%, from $13.6 million in 2022 to $14.2 million in 2023 compared to the aforementioned changes in “compensation actually paid” to our CEO and non-CEO NEOs.
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