Companies Tron Inc
Tron (TRON): executive pay, fiscal 2024
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CEO pay, last three years
- $250,000FY2023
- $226,979FY2024
CEO total pay was $226,979 in fiscal 2024, down from $250,000 in fiscal 2023.
FY2024: salary $201,979 · bonus $0 · stock awards $0 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Richard Miller | $201,979 | $0 | $0 | $0 | $0 | $0 | $25,000 | $226,979 |
| Chief Executive Officer | ||||||||
| Douglas McKinnon | 181,500 | 0 | 0 | 0 | 0 | 0 | 25,000 | 206,500 |
| Chief Financial Officer | ||||||||
| Taft Flitner | 103,000 | 80,382 | 0 | 0 | 0 | 0 | 0 | 183,382 |
| President | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Richard Miller | $226,979 | $250,000 | — | ↓ −23,021 |
| Douglas McKinnon | 206,500 | 99,375 | — | ↑ +107,125 |
| Taft Flitner | 183,382 | 168,617 | — | ↑ +14,765 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Christopher Marc MeltonIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance | $25,000 | — | — | — | — | $25,000 |
| Richard MillerEmployee director | — | — | — | — | — | 0 |
| Zi YangIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair) | — | — | — | — | — | — |
| Zhihong LiuIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance | — | — | — | — | — | — |
| Weike SunNot independent · Board Chair | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $25,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $25,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $25,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Tron as a peer
Companies that benchmark against TRON
No companies currently name TRON as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Tron Inc | 2024 | Richard Miller | $201,979 | $0 | $0 | $0 | $226,979 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-12-16 | — | — | — | — | — |
| 2024 | 2024-12-04 | 8,028,640 | 51,828 | 1,177 | 99.36% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2025 | 2025-12-16 | —a |
| 2024 | 2024-12-04 | 99.36%b |
a. Voting standard not stated in the filing.
b. Approved under the standard stated in the filing — “Votes may be cast: "FOR," "AGAINST" or "ABSTAIN." The affirmative vote of a majority of the shares represented at the Annual Meeting and entitled to vote is required for the approval, on a non-binding advisory basis, the compensation of our named executive officers. || Abstentions: Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (13 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Richard Miller. DEF 14A, filed 2025-11-26. Section “Executive Compensation” · page 10. As printed: 226,979. View filing ↗
- Section 01, Douglas McKinnon. DEF 14A, filed 2025-11-26. Section “Executive Compensation”. As printed: 206,500. View filing ↗
- Section 01, Taft Flitner. DEF 14A, filed 2025-11-26. Section “Executive Compensation”. As printed: 183,382. View filing ↗
- Section 08, Christopher Marc Melton. DEF 14A, filed 2025-11-26. Section “Director Compensation”. As printed: 25,000. View filing ↗
- Section 08, Richard Miller. DEF 14A, filed 2025-11-26. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Zi Yang. DEF 14A, filed 2025-11-26. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Zhihong Liu. DEF 14A, filed 2025-11-26. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Weike Sun. DEF 14A, filed 2025-11-26. Section “Director Compensation”. As printed: —. View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-12-18. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-12-10. Item 5.07 · say-on-pay result. As reported: 99.36% (votes for as printed: 8,028,640). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 25,000 + equity 0 + all other 0 = 25,000, summed across the director compensation table rows.
- Tron Inc (subject), Section 10b CEO total. DEF 14A, filed 2025-11-26. CEO total compensation as printed in Tron Inc's own proxy. As printed: 226,979. View filing ↗