Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2026-05-06

CHUY'S Holdings (CHUY)

Fiscal year 2023 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.

$2,068,041
Steve Hislop total, FY2023
1st
CEO pay percentile vs peers
CEO-to-median pay ratio
97.35%
Say-on-pay support, latest vote
Companies that benchmark against CHUY
3 companies name CHUY as a compensation peer

Each company listed discloses CHUY 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 CHUY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Steve Hislop$745,498$1,000$559,088$0$745,498$0$16,957$2,068,041
President and Chief Executive Officer
Jon Howie467,9441,000233,9630467,944010,6391,181,490
Vice President and Chief Financial Officer
John Mountford296,6421,000148,3050296,64206,748749,337
Chief Culinary and Procurement Officer
Michael Hatcher257,3691,000128,5970154,42207,612549,000
Vice President of Development
John Korman227,0961,000114,5720137,10202,503482,273
Chief Operating Officer

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 officerFY2023 totalFY2022 totalFY2021 totalΔ FY20222023
Steve Hislop$2,068,041
Jon Howie1,181,490
John Mountford749,337
Michael Hatcher549,000
John Korman482,273

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

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John KormanRSU2023-02-092,798$102,686
Michael HatcherRSU2023-02-093,504128,597
John MountfordRSU2023-02-094,041148,305
John KormanRSU2023-07-2730811,886
Steve HislopRSU2023-02-0915,234559,088
Jon HowieRSU2023-02-096,375233,963
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John Korman$114,572$0$00.0%
Michael Hatcher128,597000.0%
John Mountford148,305000.0%
Steve Hislop559,088000.0%
Jon Howie233,963000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jon HowieRSU2,440$93,281
Steve HislopRSU5,831222,919
Michael HatcherRSU1,34251,305
Jon HowieRSU3,538135,258
John MountfordRSU1,43854,975
Steve HislopRSU8,454323,196
Michael HatcherRSU2,964113,314
John KormanRSU1,50057,345
Steve HislopRSU12,878492,326
Steve HislopRSU15,234582,396
John KormanRSU2,28587,356
Jon HowieRSU6,375243,716
John KormanRSU2,798106,968
John MountfordRSU1,96375,045
John MountfordRSU3,416130,594
John MountfordRSU4,041154,487
Michael HatcherRSU1,94674,396
Michael HatcherRSU3,504133,958
Jon HowieRSU5,389206,021
John KormanRSU1,03539,568
John KormanRSU30811,775
05

Incentive-plan design — the Compensation Discussion & Analysis

The objective of our compensation policy is to provide a total compensation package to each named executive officer that will enable us to: attract, motivate and retain outstanding individuals; reward named executive officers for performance; and align the financial interests of each named executive officer with the interests of our stockholders to encourage each named executive officer to contribute to our long-term performance and success.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)
Independent consultantMercer
Clawback policytrue
Anti-hedging
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-07-2715,844,016428,7602,39397.35%Passed
20222022-07-2816,161,760419,8056,74097.43%Passed
20212021-07-2918,060,880369,9553,46697.97%Passed
20202020-07-3013,799,437261,90430,71097.92%Passed
20192019-08-0113,826,284211,02883,28597.92%Passed
20182018-08-0213,837,945201,584115,45597.76%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
20232023-07-2797.35%a
20222022-07-2897.43%b
20212021-07-2997.97%c

a. Approved under the standard stated in the filing — “2 - Approval of the compensation of our named executive officers, as disclosed in this proxy statement Affirmative vote of the majority of the votes of the shares present in person or by proxy at the Annual Meeting and entitled to vote on the matter No Abstentions will have the effect of a vote cast against the matter Broker non-votes are not considered entitled to vote on the matter and will have no effect on the matter No.”.

b. Approved under the standard stated in the filing — “2 - Approval of the compensation of our named executive officers, as disclosed in this proxy statement Affirmative vote of the majority of the votes of the shares present in person or by proxy at the Annual Meeting and entitled to vote on the matter No Abstentions will have the effect of a vote cast against the matter Broker non-votes are not considered votes cast and will have no effect on the matter No.”.

c. Approved under the standard stated in the filing — “2 - Approval of the compensation of our named executive officers, as disclosed in this proxy statement Affirmative vote of the majority of the votes of the shares present in person or by proxy at the Annual Meeting and entitled to vote on the matter No Abstentions will have the effect of a vote cast against the matter Broker non-votes are not considered votes cast and will have no effect on the matter No.”.

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 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Saed MohseniIndependent · Lead Independent Director · Audit · Compensation · Nominating$75,000$50,000$0$0$0$125,000
Randall DeWittIndependent · Audit · Compensation65,00050,000000115,000
Ira ZecherIndependent · Audit · Nominating65,00050,000000115,000
Jody BilneyIndependent · Compensation · Nominating60,00050,000000110,000
Nancy Freda-SmithIndependent · Audit · Newly elected35,00050,00000085,000
Steve HislopEmployee director · Board Chair00000
Jon HowieEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$50,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$300,000
Equity awards (grant-date value)$250,000
All other compensation$0
Total cost of the board$550,000

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

10

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies CHUY'S Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including CHUY'S Holdings.

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
1Wingstop2025Michael Skipworth$959,231$32,590,697$0$1,708,800$35,288,595
2Dave & Buster's Entertainment2025Tarun Lal452,3087,590,7636,458,289014,502,745
3Texas Roadhouse2025Gerald Morgan1,356,5388,410,9280909,41310,822,133
4Cracker Barrel2023Sandra Cochran1,175,0004,985,39301,673,2008,271,679
5Shake Shack2025Robert Lynch1,000,0005,000,16101,011,7507,210,818
6BJ's Restaurants2025Lyle Tick710,7691,567,179319,590637,1433,441,781
7Red Robin Gourmet Burgers2025David Pace510,5771,567,00001,169,4943,252,947
8CHUY'S Holdings2023Steve Hislop745,498559,0880745,4982,068,041
Ark Restaurantsnot in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
CHUY'S Holdings100%RSU 100not disclosedMercer
Ark Restaurantsnot disclosednot disclosednot disclosednot disclosed
BJ's Restaurants100%PSU 60 · RSU 20 · Options 20Yes — Relative Total Shareholder Return (TSR)Frederic W. Cook & Co., Inc.
Cracker Barrel89%PSU 50 · RSU 50NoFW Cook
Dave & Buster's Entertainmentnot disclosedRSU 33 · PSU 33 · Options 33NoFW Cook
Red Robin Gourmet Burgers103.96%RSU 50 · PSU 25 · PPSU 25Yes — Relative TSRMeridian Compensation Partners, LLC
Shake Shack67.5%PSU 60 · RSU 40NoPearl Meyer & Partners
Texas Roadhouse65%RSU 50 · PSU 50NoFW Cook
Wingstop142%PSU 60 · RSU 40NoFW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

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, Steve HislopDEF 14A0001524931-24-000072Section “Summary Compensation Table”. As printed: 2,068,041. Filing ↗machine: t17 · r2 · c19 · span 276662–276671
2Section 01, Jon HowieDEF 14A0001524931-24-000072Section “Summary Compensation Table”. As printed: 1,181,490. Filing ↗machine: t17 · r5 · c19 · span 285158–285167
3Section 01, John MountfordDEF 14A0001524931-24-000072Section “Summary Compensation Table”. As printed: 749,337. Filing ↗machine: t17 · r9 · c19 · span 296069–296076
4Section 01, Michael HatcherDEF 14A0001524931-24-000072Section “Summary Compensation Table”. As printed: 549,000. Filing ↗machine: t17 · r12 · c19 · span 303951–303958
5Section 01, John KormanDEF 14A0001524931-24-000072Section “Summary Compensation Table”. As printed: 482,273. Filing ↗machine: t17 · r8 · c19 · span 293246–293253
6Section 03, John Korman RSUDEF 14A0001524931-24-000072Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t19 · r7 · c17 · span 336254–336261
7Section 03, Michael Hatcher RSUDEF 14A0001524931-24-000072Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t19 · r12 · c17 · span 346049–346056
8Section 03, John Mountford RSUDEF 14A0001524931-24-000072Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t19 · r10 · c17 · span 341992–341999
9Section 03, John Korman RSUDEF 14A0001524931-24-000072Section “ALL OTHER TOTAL COMPENSATION (” · grants of plan-based awards table. Filing ↗machine: t19 · r8 · c17 · span 338225–338231
10Section 03, Steve Hislop RSUDEF 14A0001524931-24-000072Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t19 · r3 · c17 · span 328121–328128
11Section 03, Jon Howie RSUDEF 14A0001524931-24-000072Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t19 · r5 · c17 · span 332201–332208
12Section 08, Saed MohseniDEF 14A0001524931-24-000072Section “Director Compensation”. As printed: 125,000. Filing ↗
13Section 08, Randall DeWittDEF 14A0001524931-24-000072Section “Director Compensation”. As printed: 115,000. Filing ↗
14Section 08, Ira ZecherDEF 14A0001524931-24-000072Section “Director Compensation”. As printed: 115,000. Filing ↗
15Section 08, Jody BilneyDEF 14A0001524931-24-000072Section “Director Compensation”. As printed: 110,000. Filing ↗
16Section 08, Nancy Freda-SmithDEF 14A0001524931-24-000072Section “Director Compensation”. As printed: 85,000. Filing ↗
17Section 08, Steve HislopDEF 14A0001524931-24-000072Section “Director Compensation”. As printed: 0. Filing ↗
18Section 08, Jon HowieDEF 14A0001524931-24-000072Section “Director Compensation”. As printed: 0. Filing ↗
19Section 06, 2023 voteForm 8-K2023-07-280001524931-23-000063Item 5.07 · say-on-pay result. As reported: 97.35% (votes for as printed: 15,844,016). Filing ↗
20Section 06, 2022 voteForm 8-K2022-07-290001524931-22-000057Item 5.07 · say-on-pay result. As reported: 97.43%. Filing ↗
21Section 06, 2021 voteForm 8-K2021-08-020001524931-21-000108Item 5.07 · say-on-pay result. As reported: 97.97%. Filing ↗
22Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
23Section 09b board cost (computed)ComputedcomputedCash 300,000 + equity 250,000 + all other 0 = 550,000, summed across the director compensation table rows.machine: formula: Σ = 550,000
24Wingstop, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140360CEO total compensation as printed in Wingstop's own proxy. As printed: 35,288,595. Filing ↗machine: t256 · r4 · c39 · span 885907–885917
25Dave & Buster's Entertainment, Section 10b CEO totalDEF 14A2026-05-060001525769-26-000018CEO total compensation as printed in Dave & Buster's Entertainment's own proxy. As printed: 14,502,745. Filing ↗machine: t109 · r2 · c21 · span 822340–822350
26Texas Roadhouse, Section 10b CEO totalDEF 14A2026-04-100001104659-26-041771CEO total compensation as printed in Texas Roadhouse's own proxy. As printed: 10,822,133. Filing ↗machine: t125 · r3 · c14 · span 1328962–1328972
27Cracker Barrel, Section 10b CEO totalDEF 14A2023-10-060001104659-23-107368CEO total compensation as printed in Cracker Barrel's own proxy. As printed: 8,271,679. Filing ↗machine: t24 · r1 · c35 · span 567182–567191
28Shake Shack, Section 10b CEO totalDEF 14A2026-04-290001104659-26-051572CEO total compensation as printed in Shake Shack's own proxy. As printed: 7,210,818. Filing ↗machine: r1 · c54 · span 604209–604218
29BJ's Restaurants, Section 10b CEO totalDEF 14A2026-04-220001193125-26-169008CEO total compensation as printed in BJ's Restaurants's own proxy. As printed: 3,441,781. Filing ↗machine: span 2374397–2374406
30Red Robin Gourmet Burgers, Section 10b CEO totalDEF 14A2026-03-260001104659-26-035198CEO total compensation as printed in Red Robin Gourmet Burgers's own proxy. As printed: 3,252,947. Filing ↗machine: r1 · c46 · span 824567–824576
31CHUY'S Holdings (subject), Section 10b CEO totalDEF 14A0001524931-24-000072CEO total compensation as printed in CHUY'S Holdings's own proxy. As printed: 2,068,041. Filing ↗machine: t17 · r2 · c19 · span 276662–276671
32Section 10a, Cracker Barrel reciprocityDEF 14A0001104659-23-107368Cracker Barrel's most recent proxy was read; its disclosed peer group does not include CHUY'S Holdings. Filing ↗
33Section 10a, BJ's Restaurants reciprocityDEF 14A0001193125-26-169008BJ's Restaurants's most recent proxy was read; its disclosed peer group does not include CHUY'S Holdings. Filing ↗
34Section 10a, Shake Shack reciprocityDEF 14A0001104659-26-051572Shake Shack's most recent proxy was read; its disclosed peer group does not include CHUY'S Holdings. Filing ↗
35Section 10a, Wingstop reciprocityDEF 14A0001193125-26-140360Wingstop's most recent proxy was read; its disclosed peer group does not include CHUY'S Holdings. Filing ↗
36Section 10a, Texas Roadhouse reciprocityDEF 14A0001104659-26-041771Texas Roadhouse's most recent proxy was read; its disclosed peer group does not include CHUY'S Holdings. Filing ↗
37Section 10a, Dave & Buster's Entertainment reciprocityDEF 14A0001525769-26-000018Dave & Buster's Entertainment's most recent proxy was read; its disclosed peer group does not include CHUY'S Holdings. Filing ↗
38Section 10a, Red Robin Gourmet Burgers reciprocityDEF 14A0001104659-26-035198Red Robin Gourmet Burgers's most recent proxy was read; its disclosed peer group does not include CHUY'S Holdings. Filing ↗