Fiscal year 2025 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 CRK 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 CRK 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 |
|---|---|---|---|---|---|---|---|---|
| M. Jay Allison | $1,039,500 | $1,271,290 | $16,549,171 | $0 | $2,013,512 | $729,657 | $331,127 | $21,934,257 |
| Chief Executive Officer | ||||||||
| Roland Burns | 656,000 | 647,993 | 5,027,807 | 0 | 1,026,312 | 481,538 | 172,993 | 8,012,643 |
| President and Chief Financial Officer | ||||||||
| Daniel Harrison | 577,500 | 516,122 | 2,655,704 | 0 | 817,451 | 45,167 | 25,293 | 4,637,237 |
| Chief Operating Officer | ||||||||
| Clifford D. "Trey" Newell | 472,500 | 377,831 | 1,448,561 | 0 | 598,421 | 7,352 | 21,784 | 2,926,449 |
| Chief Commercial Officer | ||||||||
| Patrick McGough | 378,000 | 266,704 | 724,253 | 0 | 422,415 | 19,321 | 21,844 | 1,832,537 |
| Vice President of Operations | ||||||||
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 | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| M. Jay Allison | $21,934,257 | — | — | — |
| Roland Burns | 8,012,643 | — | — | — |
| Daniel Harrison | 4,637,237 | — | — | — |
| Clifford D. "Trey" Newell | 2,926,449 | — | — | — |
| Patrick McGough | 1,832,537 | — | — | — |
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.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| M. Jay Allison | RSU | — | — | — | 303,265 | — | $5,398,117 |
| M. Jay Allison | PSU | — | 151,633 | 303,265 | — | 606,530 | 11,151,054 |
| Roland Burns | PSU | — | 46,068 | 92,135 | — | 184,270 | 3,387,804 |
| Roland Burns | RSU | — | — | — | 92,135 | — | 1,640,003 |
| Patrick McGough | RSU | — | — | — | 13,272 | — | 236,242 |
| Daniel Harrison | RSU | — | — | — | 26,545 | — | 472,501 |
| Daniel Harrison | PSU | — | 13,273 | 26,545 | — | 53,090 | 976,060 |
| Daniel Harrison | PSU | — | 24,333 | 48,666 | — | 97,332 | 1,789,449 |
| Daniel Harrison | RSU | — | — | — | 48,666 | — | 866,255 |
| Patrick McGough | PSU | — | 6,636 | 13,272 | — | 26,544 | 488,011 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| M. Jay Allison | $5,398,117 | $11,151,054 | $0 | 67.4% |
| Roland Burns | 1,640,003 | 3,387,804 | 0 | 67.4% |
| Patrick McGough | 236,242 | 488,011 | 0 | 67.4% |
| Daniel Harrison | 1,338,756 | 2,765,509 | 0 | 67.4% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| M. Jay Allison | RSU | 648,754 | — | $15,038,118 |
| M. Jay Allison | RSU | 606,530 | — | 14,059,365 |
| M. Jay Allison | RSU | 308,814 | — | 7,158,309 |
| M. Jay Allison | RSU | 303,265 | — | 7,029,683 |
| Roland Burns | RSU | 286,698 | — | 6,645,660 |
| M. Jay Allison | RSU | 269,388 | — | 6,244,414 |
| Roland Burns | RSU | 184,270 | — | 4,271,379 |
| Roland Burns | RSU | 183,674 | — | 4,257,563 |
| Daniel Harrison | RSU | 180,210 | — | 4,177,268 |
| Roland Burns | RSU | 158,376 | — | 3,671,156 |
| Daniel Harrison | RSU | 102,040 | — | 2,365,287 |
| Daniel Harrison | RSU | 97,332 | — | 2,256,156 |
| Roland Burns | RSU | 92,135 | — | 2,135,689 |
| Patrick McGough | RSU | 15,728 | — | 364,575 |
| M. Jay Allison | RSU | 91,179 | — | 2,113,529 |
| Clifford D. "Trey" Newell | RSU | 88,466 | — | 2,050,642 |
| Roland Burns | RSU | 62,018 | — | 1,437,577 |
| Daniel Harrison | RSU | 60,070 | — | 1,392,423 |
| Clifford D. "Trey" Newell | RSU | 53,090 | — | 1,230,626 |
| Daniel Harrison | RSU | 48,666 | — | 1,128,078 |
| Patrick McGough | RSU | 47,182 | — | 1,093,679 |
| Daniel Harrison | RSU | 17,008 | — | 394,245 |
| Clifford D. "Trey" Newell | RSU | 40,408 | — | 936,657 |
| Clifford D. "Trey" Newell | RSU | 29,489 | — | 683,555 |
| Patrick McGough | RSU | 27,756 | — | 643,384 |
| Clifford D. "Trey" Newell | RSU | 26,545 | — | 615,313 |
| Patrick McGough | RSU | 26,544 | — | 615,290 |
| Patrick McGough | RSU | 13,272 | — | 307,645 |
| Clifford D. "Trey" Newell | RSU | 6,735 | — | 156,117 |
| Patrick McGough | RSU | 4,626 | — | 107,231 |
Our executive compensation programs are intended to align pay outcomes with performance achievements, grow stockholder value, attract and retain executive talent and support our business strategy. We believe that our executive compensation programs as currently designed to align our executives' pay with Company performance, stockholder expectations and prevailing market practices.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-02 | 264,508,945 | 526,507 | 432,344 | 99.8% | Passed |
| 2023 | 2023-06-06 | 241,559,026 | 2,250,750 | 149,018 | 99.08% | Passed |
| 2020 | 2020-06-03 | 177,948,350 | 298,172 | 342,396 | 99.83% | Passed |
| 2017 | 2017-05-16 | 7,902,158 | 295,767 | 51,863 | 96.39% | 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 |
|---|---|---|
| 2026 | 2026-06-02 | 99.8%a |
| 2023 | 2023-06-06 | 99.08%b |
| 2020 | 2020-06-03 | 99.83%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.
| Ratio (CEO : median employee) | 142 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Annual cash retainer | $83,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 31,500 / 20,750 / 15,000 |
| Stock ownership guideline | — |
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Comstock Resources 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 Comstock Resources.
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 | Comstock Resources | 2025 | M. Jay Allison | $1,039,500 | $16,549,171 | $0 | $2,013,512 | $21,934,257 |
| 2 | EQT Corporation | 2025 | Toby Rice | 1 | 13,552,232 | 0 | 2,535,000 | 16,087,233 |
| 3 | Coterra Energy Inc. | 2024 | Thomas Jorden | 1,198,558 | 10,628,850 | 0 | 2,500,000 | 14,748,960 |
| 4 | Expand Energy Corporation | 2025 | Domenic Dell'Osso | 947,346 | 8,890,444 | — | — | 9,879,106 |
| 5 | Matador Resources Corporation | 2024 | Joseph Foran | 1,500,000 | 3,010,300 | 0 | 3,900,000 | 8,437,049 |
| 6 | Range Resources Corporation | 2025 | Dennis Degner | 932,500 | 6,143,877 | 0 | 1,128,000 | 8,375,421 |
| 7 | Antero Resources Corporation | 2025 | Michael Kennedy | 655,470 | 4,325,734 | 0 | 1,678,307 | 6,687,656 |
| 8 | SM Energy Company | 2025 | Elizabeth McDonald | 576,369 | 2,299,995 | 0 | 536,024 | 4,475,172 |
| — | Gulfport Energy Corporation | — | — | — | — | — | — | not in coverage universe |
| — | CNX Resources Corporation | — | — | — | — | — | — | not 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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Comstock Resources | not disclosed | not disclosed | not disclosed | not disclosed |
| Antero Resources Corporation | 157.2% | PSU 50 · RSU 50 | Yes — Absolute TSR | CBIZ Compensation Consulting |
| CNX Resources Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Coterra Energy Inc. | 174% | PSU 50 · RSU 50 | Yes — Relative TSR | Zayla Partners |
| EQT Corporation | 169% | PSU 60 · RSU 40 | No | Meridian Compensation Partners, LLC |
| Expand Energy Corporation | 150% | PSU 70 · RSU 30 | Yes — Absolute Total Shareholder Return (aTSR) | Meridian Compensation Partners, LLC |
| Gulfport Energy Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Matador Resources Corporation | 260% | PSU 50 · Cash LTI 50 | No | Meridian Compensation Partners, LLC |
| Range Resources Corporation | 101% | PSU 60 · RSU 40 | Yes — Total Stockholder Return (TSR) | Meridian Compensation Partners, LLC |
| SM Energy Company | 93% | PSU 60 · RSU 40 | Yes — Absolute TSR | Frederic W. Cook & Co., Inc. |
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.
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, M. Jay Allison | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Summary Compensation Table” · page 31. As printed: 21,934,257. Filing ↗machine: span 869756–869766 |
| 2 | Section 01, Roland Burns | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Summary Compensation Table” · page 31. As printed: 8,012,643. Filing ↗machine: span 902756–902765 |
| 3 | Section 01, Daniel Harrison | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Summary Compensation Table” · page 31. As printed: 4,637,237. Filing ↗machine: span 935762–935771 |
| 4 | Section 01, Clifford D. "Trey" Newell | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Summary Compensation Table” · page 31. As printed: 2,926,449. Filing ↗machine: span 968746–968755 |
| 5 | Section 01, Patrick McGough | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Summary Compensation Table” · page 31. As printed: 1,832,537. Filing ↗machine: span 1001709–1001718 |
| 6 | Section 03, M. Jay Allison RSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 765062–765071 |
| 7 | Section 03, M. Jay Allison PSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 790744–790754 |
| 8 | Section 03, Roland Burns PSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 794539–794548 |
| 9 | Section 03, Roland Burns RSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 768856–768865 |
| 10 | Section 03, Patrick McGough RSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 780486–780493 |
| 11 | Section 03, Daniel Harrison RSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 776428–776435 |
| 12 | Section 03, Daniel Harrison PSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 802113–802120 |
| 13 | Section 03, Daniel Harrison PSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 798322–798331 |
| 14 | Section 03, Daniel Harrison RSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 772639–772646 |
| 15 | Section 03, Patrick McGough PSU | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 806171–806178 |
| 16 | Section 07, pay ratio | DEF 14A | 2026-04-22 | 0001193125-26-170561 | Section “CEO Pay Ratio”. As printed: 142 : 1. Filing ↗ |
| 17 | Section 06, 2026 vote | Form 8-K | 2026-06-03 | 0001193125-26-254873 | Item 5.07 · say-on-pay result. As reported: 99.8% (votes for as printed: 264,508,945). Filing ↗ |
| 18 | Section 06, 2023 vote | Form 8-K | 2023-06-07 | 0000023194-23-000022 | Item 5.07 · say-on-pay result. As reported: 99.08% (votes for as printed: 241,559,026). Filing ↗ |
| 19 | Section 06, 2020 vote | Form 8-K | 2020-06-03 | 0001564590-20-028225 | Item 5.07 · say-on-pay result. As reported: 99.83% (votes for as printed: 177,948,350). Filing ↗ |
| 20 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 21 | Comstock Resources (subject), Section 10b CEO total | DEF 14A | 2026-04-22 | 0001193125-26-170561 | CEO total compensation as printed in Comstock Resources's own proxy. As printed: 21,934,257. Filing ↗machine: span 869756–869766 |
| 22 | EQT Corporation, Section 10b CEO total | DEF 14A | 2026-02-26 | 0001104659-26-020027 | CEO total compensation as printed in EQT Corporation's own proxy. As printed: 16,087,233. Filing ↗machine: r1 · c48 · span 1446364–1446374 |
| 23 | Coterra Energy Inc., Section 10b CEO total | DEF 14A | 2025-03-20 | 0001104659-25-026126 | CEO total compensation as printed in Coterra Energy Inc.'s own proxy. As printed: 14,748,960. Filing ↗machine: t61 · r1 · c63 · span 936374–936384 |
| 24 | Expand Energy Corporation, Section 10b CEO total | DEF 14A | 2026-04-24 | 0001104659-26-048155 | CEO total compensation as printed in Expand Energy Corporation's own proxy. As printed: 9,879,106. Filing ↗ |
| 25 | Matador Resources Corporation, Section 10b CEO total | DEF 14A | 2025-04-28 | 0001520006-25-000125 | CEO total compensation as printed in Matador Resources Corporation's own proxy. As printed: 8,437,049. Filing ↗machine: r2 · c6 · span 2079441–2079451 |
| 26 | Range Resources Corporation, Section 10b CEO total | DEF 14A | 2026-03-31 | 0001193125-26-134699 | CEO total compensation as printed in Range Resources Corporation's own proxy. As printed: 8,375,421. Filing ↗machine: span 2305762–2305771 |
| 27 | Antero Resources Corporation, Section 10b CEO total | DEF 14A | 2026-04-23 | 0001308179-26-000330 | CEO total compensation as printed in Antero Resources Corporation's own proxy. As printed: 6,687,656. Filing ↗machine: t260 · r1 · c27 · span 557200–557209 |
| 28 | SM Energy Company, Section 10b CEO total | DEF 14A | 2026-04-08 | 0000893538-26-000048 | CEO total compensation as printed in SM Energy Company's own proxy. As printed: 4,475,172. Filing ↗machine: span 673171–673180 |
| 29 | Section 10a, Range Resources Corporation reciprocity | DEF 14A | — | 0001193125-26-134699 | Range Resources Corporation names Comstock Resources in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 30 | Section 10a, Antero Resources Corporation reciprocity | DEF 14A | — | 0001308179-26-000330 | Antero Resources Corporation's most recent proxy was read; its disclosed peer group does not include Comstock Resources. Filing ↗ |
| 31 | Section 10a, Expand Energy Corporation reciprocity | DEF 14A | — | 0001104659-26-048155 | Expand Energy Corporation's most recent proxy was read; its disclosed peer group does not include Comstock Resources. Filing ↗ |
| 32 | Section 10a, SM Energy Company reciprocity | DEF 14A | — | 0000893538-26-000048 | SM Energy Company names Comstock Resources in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 33 | Section 10a, Coterra Energy Inc. reciprocity | DEF 14A | — | 0001104659-25-026126 | Coterra Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Comstock Resources. Filing ↗ |
| 34 | Section 10a, EQT Corporation reciprocity | DEF 14A | — | 0001104659-26-020027 | EQT Corporation's most recent proxy was read; its disclosed peer group does not include Comstock Resources. Filing ↗ |
| 35 | Section 10a, Matador Resources Corporation reciprocity | DEF 14A | — | 0001520006-26-000013 | Matador Resources Corporation's most recent proxy was read; its disclosed peer group does not include Comstock Resources. Filing ↗ |