Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses AAME in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AAME in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Hilton Howell, Jr. | $594,792 | $800,000 | $0 | — | — | — | $165,116 | $1,559,908 |
| Chairman of the Board, President and CEO | ||||||||
| J. Ross Franklin | 419,399 | 350,000 | 0 | — | — | — | 63,366 | 832,765 |
| Vice President, CFO and Secretary | ||||||||
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.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Hilton Howell, Jr. | $1,559,908 | — | — | — |
| J. Ross Franklin | 832,765 | 794,296 | 716,576 | +38,469 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
The Company's executive compensation program is designed to retain and motivate highly qualified executive leadership with the talent to support the creation of long-term shareholder value. The Company's executive compensation program is structured to recognize current achievement, while incentivizing toward longer-term goals and objectives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | None - Company explicitly states they have not engaged a compensation consultant due to controlled company status |
| Clawback policy | — |
| Anti-hedging | Company policy prohibits short sales and trading in puts, calls and other derivatives of Company stock |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-05-13 | 16,287,474 | 385,451 | 22,308 | 97.69% | Passed |
| 2022 | 2022-05-24 | 17,022,663 | 550,480 | 7,569 | 96.87% | Passed |
| 2019 | 2019-05-21 | 16,881,299 | 769,359 | 7,077 | 95.64% | Passed |
| 2016 | 2016-05-03 | 16,004,216 | 256,191 | 25,730 | 98.42% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-05-13 | 97.69%a |
| 2022 | 2022-05-24 | 96.87%b |
| 2019 | 2019-05-21 | 95.64%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Mark E. PreisingerIndependent · Stock Option and Compensation (Chair) · Audit | $88,000 | $0 | — | $0 | $0 | $88,000 |
| D. Keehln WheelerIndependent · Stock Option and Compensation · Audit (Chair) · Executive | 88,000 | 0 | — | 0 | 0 | 88,000 |
| Joseph M. ScheererIndependent · Stock Option and Compensation · Audit | 88,000 | 0 | — | 0 | 0 | 88,000 |
| Robin R. HowellNot independent · Executive | 80,000 | 0 | — | 0 | 0 | 80,000 |
| Hilton H. Howell, JrEmployee director · Board Chair · Executive | 80,000 | 0 | — | — | 0 | 80,000 |
| Scott G. ThompsonNot independent | 80,000 | 0 | — | 0 | 0 | 80,000 |
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $20,000 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $504,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $504,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Atlantic American | 2024 | Hilton Howell, Jr. | $594,792 | $0 | — | — | $1,559,908 |
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Hilton Howell, Jr. | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “2024 Summary Compensation Table”. As printed: 1,559,908. Filing ↗machine: t23 · span 186123–186132 |
| 2 | Section 01, J. Ross Franklin | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “2024 Summary Compensation Table”. As printed: 832,765. Filing ↗machine: r5 · c18 · span 196675–196682 |
| 3 | Section 08, Mark E. Preisinger | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “Director Compensation”. As printed: 88,000. Filing ↗machine: t35 · r4 · c3 · span 288796–288802 |
| 4 | Section 08, D. Keehln Wheeler | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “Director Compensation”. As printed: 88,000. Filing ↗ |
| 5 | Section 08, Joseph M. Scheerer | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “Director Compensation”. As printed: 88,000. Filing ↗ |
| 6 | Section 08, Robin R. Howell | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “Director Compensation”. As printed: 80,000. Filing ↗ |
| 7 | Section 08, Hilton H. Howell, Jr | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “Director Compensation”. As printed: 80,000. Filing ↗ |
| 8 | Section 08, Scott G. Thompson | DEF 14A | 2025-03-25 | 0001140361-25-010255 | Section “Director Compensation”. As printed: 80,000. Filing ↗ |
| 9 | Section 06, 2025 vote | Form 8-K | 2025-05-15 | 0001140361-25-019287 | Item 5.07 · say-on-pay result. As reported: 97.69% (votes for as printed: 16,287,474). Filing ↗ |
| 10 | Section 06, 2022 vote | Form 8-K | 2022-05-31 | 0001140361-22-021173 | Item 5.07 · say-on-pay result. As reported: 96.87%. Filing ↗ |
| 11 | Section 06, 2019 vote | Form 8-K | 2019-05-22 | 0001140361-19-009627 | Item 5.07 · say-on-pay result. As reported: 95.64%. Filing ↗ |
| 12 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 13 | Section 09b board cost (computed) | Computed | — | computed | Cash 504,000 + equity 0 + all other 0 = 504,000, summed across the director compensation table rows.machine: formula: Σ = 504,000 |
| 14 | Atlantic American (subject), Section 10b CEO total | DEF 14A | 2025-03-25 | 0001140361-25-010255 | CEO total compensation as printed in Atlantic American's own proxy. As printed: 1,559,908. Filing ↗machine: t23 · span 186123–186132 |