Civeo Corp
For the period ended May 27, 2026. Filed Apr 13, 2026.
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.
May 27, 2026 · Filed Apr 13, 2026
Contents
Pay Versus Performance Table
As discussed in the Compensation Discussion and Analysis above, our Compensation Committee has implemented an executive compensation program designed to link a substantial portion of our NEOs' realized compensation to the achievement of our financial, operational, and strategic objectives, and to align our executive pay with changes in the value of our shareholders’ investments. The following table sets forth additional compensation information for our NEOs, calculated in accordance with SEC regulations, for each of 2021 through 2025.
| Summary Compensation Table Total for Mr. Dodson · Compensation Actually Paid to Mr. Dodson (1) · Average Summary Compensation Table Total for other NEOs · Average Compensation Actually Paid to other NEOs (1) · Value of Initial Fixed $100 Investment Based On: · Financial Performance Measures ($'s in thousands): | ||||||||
|---|---|---|---|---|---|---|---|---|
| Year · Total Shareholder Return (2) · Peer Group(3) Total Shareholder Return · Net income · Adjusted EBITDA (4) | ||||||||
| 2025 | $3,775,348 | $3,647,595 | $1,051,390 | $1,017,097 | $177 | $182 | $(20,071) | $88,177 |
| 2024 | $3,887,328 | $3,275,141 | $1,092,021 | $893,890 | $174 | $176 | $(17,067) | $79,937 |
| 2023 | $6,311,862 | $2,111,457 | $1,743,879 | $799,567 | $168 | $199 | $30,157 | $102,034 |
| 2022 | $4,717,785 | $7,588,418 | $1,479,626 | $2,103,054 | $224 | $195 | $3,997 | $112,769 |
| 2021 | $5,058,691 | $5,758,550 | $1,419,852 | $1,553,294 | $138 | $121 | $1,350 | $109,140 |
(1)Amounts represent compensation “actually paid” to our Principal Executive Officer ("PEO"), Mr. Dodson, 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 | other NEOs |
| 2025 | Bradley J. Dodson | Andrew S. Fraser, E. Collin Gerry and Peter L. McCann |
| 2024 | Bradley J. Dodson | Barclay H. Brewer, Andrew S. Fraser, E. Collin Gerry, Peter L. McCann, Allan D. Schoening and Carolyn J. Stone |
| 2023 | Bradley J. Dodson | Peter L. McCann, Allan D. Schoening and Carolyn J. Stone |
| 2022 | Bradley J. Dodson | Peter L. McCann, Allan D. Schoening and Carolyn J. Stone |
| 2021 | Bradley J. Dodson | Peter L. McCann, Allan D. Schoening and Carolyn J. Stone |
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year adjusted in accordance with SEC rules, as set forth for 2025 in the table below. The dollar amounts shown do not reflect the value of compensation actually received by our NEOs during the applicable year. Instead, the dollar amounts include the values (or changes in value) of unvested and vested equity awards during the applicable year based on year-end share prices, vesting date share prices, various accounting valuation assumptions and projected performance related to our performance-based shares. "Compensation actually paid", determined in accordance with SEC rules, will generally fluctuate due to share price achievement and varying levels of projected and actual achievement of performance goals applicable to our performance-based shares. For a discussion of how our Compensation Committee assesses performance and our NEOs' pay each year, see the Compensation Discussion and Analysis in the annual proxy statement for each of 2022 through 2026.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.