Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-05-15

Atlantic American (AAME)

CEO Hilton Howell, Jr. was paid $1,559,908 in fiscal year 2024, ↑ up 2.0% from fiscal year 2023 (SEC filing 0001140361-25-010255 ↗): 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.

$1,559,908 ↑
Hilton Howell, Jr. total, FY2024
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
97.69%
Say-on-pay support, latest vote

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Hilton Howell, Jr. (Chairman of the Board, President and CEO), FY2024 total compensation $1,559,908 (base salary $594,792) [exec_comp, SEC accession 0001140361-25-010255, filed 2025-03-25]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Hilton Howell, Jr.$594,792$800,000$0———$165,116$1,559,908
Chairman of the Board, President and CEO
J. Ross Franklin419,399350,0000———63,366832,765
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.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Hilton Howell, Jr.$1,559,908—$1,472,516—
J. Ross Franklin832,765794,296716,576↑ +38,469

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

You have just read Atlantic American's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper AAME reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

How we handle your data → Privacy

Companies that benchmark against AAME
3 companies name AAME as a compensation peer

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.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2024 total
Hilton Howell, Jr.CEO$1,559,908
J. Ross FranklinCFO$832,765
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2024 total
D. Keehln WheelerIndependent Director$88,000
Joseph M. ScheererIndependent Director$88,000
Mark E. PreisingerIndependent Director$88,000
Robin R. HowellDirector$80,000
Scott G. ThompsonDirector$80,000
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

05

Incentive-plan design — the Compensation Discussion & Analysis

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 program is structured to recognize current achievement, while incentivizing toward longer-term goals and objectives, with equity incentives awarded to ensure that management's interests are aligned with those of shareholders.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policy—
Anti-hedgingCompany policy prohibits short sales and trading in puts, calls and other derivatives of Company stock.
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-05-1316,287,474385,45122,30897.69%Passed
20222022-05-2417,022,663550,4807,56996.87%Passed
20192019-05-2116,881,299769,3597,07795.64%Passed
20162016-05-0316,004,216256,19125,73098.42%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.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-05-1397.69%a
20222022-05-2496.87%b
20192019-05-2195.64%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.

08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Joseph M. ScheererIndependent · Stock Option and Compensation · Audit$88,000$0—$0$0$88,000
Mark E. PreisingerIndependent · Stock Option and Compensation (Chair) · Audit88,0000—0088,000
D. Keehln WheelerIndependent · Stock Option and Compensation · Audit (Chair) · Executive88,0000—0088,000
Robin R. HowellNot independent · Executive80,0000—0080,000
Scott G. ThompsonNot independent80,0000—0080,000
Hilton H. Howell, JrEmployee director · Board Chair · Executive—0——0—
09

Board fee structure and ownership guideline

Annual cash retainer—
Annual equity retainer—
Per board meeting fee$20,000
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$424,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$424,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Atlantic American2024Hilton 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.

10d

Frequently asked questions

Who was the highest-paid executive at Atlantic American in fiscal 2024?
As disclosed, Hilton Howell, Jr. (Chairman of the Board, President and CEO) was the highest-paid executive at Atlantic American in fiscal 2024, with total compensation of $1,559,908.
How did shareholders vote on Atlantic American's executive compensation?
As disclosed, 97.69% of shareholders supported Atlantic American's executive compensation in the latest say-on-pay vote.
How much does Atlantic American spend in total on board compensation for fiscal 2024?
As disclosed, Atlantic American reported total board compensation of $424,000 for fiscal 2024.

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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Hilton Howell, Jr.DEF 14A2025-03-250001140361-25-010255Section “2024 Summary Compensation Table”. As printed: 1,559,908. Filing ↗machine: t23 · span 186123–186132
2Section 01, J. Ross FranklinDEF 14A2025-03-250001140361-25-010255Section “2024 Summary Compensation Table”. As printed: 832,765. Filing ↗machine: r5 · c18 · span 196675–196682
3Section 08, Joseph M. ScheererDEF 14A2025-03-250001140361-25-010255Section “Director Compensation”. As printed: 88,000. Filing ↗machine: span 290932–291112
4Section 08, Mark E. PreisingerDEF 14A2025-03-250001140361-25-010255Section “Director Compensation”. As printed: 88,000. Filing ↗machine: t35 · r4 · c3 · span 288628–288808
5Section 08, D. Keehln WheelerDEF 14A2025-03-250001140361-25-010255Section “Director Compensation”. As printed: 88,000. Filing ↗machine: span 295639–295819
6Section 08, Robin R. HowellDEF 14A2025-03-250001140361-25-010255Section “Director Compensation”. As printed: 80,000. Filing ↗machine: span 286175–286355
7Section 08, Scott G. ThompsonDEF 14A2025-03-250001140361-25-010255Section “Director Compensation”. As printed: 80,000. Filing ↗machine: span 293370–293550
8Section 08, Hilton H. Howell, JrDEF 14A2025-03-250001140361-25-010255Section “Director Compensation”. As printed: —. Filing ↗
9Section 06, 2025 voteForm 8-K2025-05-150001140361-25-019287Item 5.07 · say-on-pay result. As reported: 97.69% (votes for as printed: 16,287,474). Filing ↗
10Section 06, 2022 voteForm 8-K2022-05-310001140361-22-021173Item 5.07 · say-on-pay result. As reported: 96.87%. Filing ↗
11Section 06, 2019 voteForm 8-K2019-05-220001140361-19-009627Item 5.07 · say-on-pay result. As reported: 95.64%. Filing ↗
12Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
13Section 09b board cost (computed)Computed——Cash 424,000 + equity 0 + all other 0 = 424,000, summed across the director compensation table rows.machine: formula: Σ = 424,000
14Atlantic American (subject), Section 10b CEO totalDEF 14A2025-03-250001140361-25-010255CEO total compensation as printed in Atlantic American's own proxy. As printed: 1,559,908. Filing ↗machine: t23 · span 186123–186132

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.