CENTRUS ENERGY CORP
For the period ended Jun 18, 2026. Filed Apr 24, 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.
Jun 18, 2026 · Filed Apr 24, 2026
Contents
Pay versus Performance
Under Item 402(v) of Regulation S-K, we must disclose pay-versus performance information for the most recently completed five fiscal years. The following table sets forth the required pay versus performance disclosures in the form of the “total compensation” as reported in the Company’s Summary Compensation Table for the principal executive officer (“PEO”) and as an average for the other named executive officers.
| Value of Initial Fixed $100 Investment Based on: | ||||||||
|---|---|---|---|---|---|---|---|---|
| Year (1) | Summary Compensation Table Total for PEO ($) | Compensation Actually Paid to PEO ($)(2) | Average Summary Compensation Total from Non-PEO NEOs ($) | Compensation Actually Paid to Non-PEO NEOs ($) | Total Stockholder Return ($)(3) | Peer Total Stockholder Return ($)(4) | Net Income ($) | Company-Selected Measure (5) |
| 2025 | $2,174,357 | $6,872,710 | $850,933 | $1,322,871 | $1,050 | $220 | $78 | $449 |
| 2024 | $3,545,853 | $2,652,724 | $874,698 | $972,542 | $288 | $150 | $72 | $442 |
| 2023 | $1,929,231 | $2,018,108 | $712,272 | $763,342 | $235 | $121 | $84 | $320 |
| 2022 | $2,053,876 | $267,187 | $978,537 | $354,454 | $140 | $98 | $52 | $294 |
| 2021 | $2,097,289 | $4,604,349 | $1,079,074 | $2,812,351 | $216 | $103 | $175 | $298 |
(1)Mr. Poneman (our former CEO) is included as the PEO, CEO, for 2023, 2022 and 2021, and excludes his severance payment for 2023. Mr. Vexler is included as the PEO CEO for 2024 and 2025. Messrs. Harrill, Tinelli, Donelson, Nagarajan, Brown and Cutlip are included in the non-PEO NEO averages for 2025. Messrs. Cutlip, Donelson, Harrill, and Ghasemian are included in the non-PEO NEO averages for 2024. Messrs. Philip O. Strawbridge (our former Senior Vice President, CFO, Chief Administrative Officer and Treasurer), Cutlip, Donelson, Harrill, Dennis J. Scott (our former Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary), and Ghasemian are included in the non-PEO NEO averages for 2023. Messrs. Strawbridge, Cutlip, Donelson, and Scott are included in the non-PEO NEO averages for 2022. Messrs. Strawbridge and Donelson are included in the non-PEO NEO averages for 2021.
(2)To calculate “compensation actually paid” for our CEO and other NEOs, the adjustments reflected in the table below were made to Summary Compensation Table total pay.
(3)Total stockholder return as calculated based on a fixed investment of one hundred dollars measured from the market close on December 31, 2020 (the last trading day of 2020) through and including the end of the fiscal year for each year reported in the table.
(4)Our peer group used for the total stockholder return calculation is the S&P Aerospace & Defense Select industry index.
(5)Our Company-selected measure, which is the measure we believe represents the most important financial performance measure not otherwise presented in the table above that we use to link compensation actually paid to our named executive officers for 2025 to our Company’s performance isrevenue.
| Year | Deduction for amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT for applicable FY | Increase in fair value of awards granted during applicable FY, determined as of applicable FY end | Change in fair value of awards granted during prior FY that were outstanding and unvested as of applicable FY end, determined based on change in fair value from prior FY end to applicable FY end | Change in fair value of awards granted during prior FY that vested during prior FY, determined based on change in fair value from prior FY end to vesting date | Reduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the SCT for applicable FY | Increase for Service Cost and, if applicable, Prior Service Cost for pension plans | Total adjustments |
|---|---|---|---|---|---|---|---|
| PEO | |||||||
| 2025 | $(269,996) | $776,589 | $3,343,679 | 848,080 | — | — | $4,698,352 |
| 2024 | $(1,358,200) | $465,071 | — | — | — | — | $(893,129) |
| 2023 | $(249,923) | $318,462 | $178,310 | $(43,965) | (114,007) | — | $88,877 |
| 2022 | $(249,987) | $240,937 | $(1,136,420) | $(641,219) | — | — | $(1,786,689) |
| 2021 | $(250,017) | $338,449 | $2,547,584 | $(128,956) | — | — | $2,507,060 |
| Avg. Other NEOs | |||||||
| 2025 | $(175,008) | $231,148 | $271,212 | $95,457 | $73,153 | $(24,024) | $471,938 |
| 2024 | $(105,906) | $182,428 | $49,968 | $(28,647) | — | — | $97,843 |
| 2023 | $(67,523) | $86,040 | $56,164 | $(9,143) | $(11,259) | $(3,209) | $51,070 |
| 2022 | $(80,484) | $77,570 | $(356,017) | $(265,152) | — | — | $(624,083) |
| 2021 | $(59,318) | $80,299 | $1,267,891 | $444,406 | — | — | $1,733,277 |
Relationship Between Compensation Actually Paid and Performance Measures
The charts below illustrate, for the past five fiscal years, the relationship between compensation actually paid to the CEO, the average compensation actually paid to the other NEOs and the financial metrics disclosed in the Pay versus Performance Table.
Tabular List of Company Performance Measures
The following lists measures that we believe are most important in linking compensation actually paid to Company performance during 2025.
Revenue
Gross margin
Cash balance
Policies and Practices for Granting Certain Equity Awards
Our policies and practices regarding the granting of equity awards are carefully designed to comply with applicable securities laws and to maintain the integrity of our compensation program. Other than with respect to Todd Tinelli (our new CFO) and Patrick Brown (our new SVP, Field Operations), during fiscal year 2025, all grants to executive officers and non-employee directors took the form of restricted stock unit awards and the Company did not grant stock options (or similar awards) to any NEO or any non-employee director. In connection with his appointment, the CN&G Committee granted Mr. Tinelli (i) an award of the Company’s Class A Common Stock valued at $100,000 and (ii) an award of restricted stock units valued at $300,000, vesting in three equal annual installments beginning on the first anniversary date of his employment, in each case contingent upon his employment. In connection with his hiring, the CN&G Committee granted Mr. Brown (i) an award of the Company's Class A Common Stock valued at $100,000 and (ii) an award of restricted stock units valued at $100,000, vesting on the first anniversary date of his employment contingent upon his employment.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.