Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-13

Liberty Capital (GLIBK)

CEO Ronald Duncan was paid $12,937,719 in fiscal year 2025 (SEC filing 0001104659-26-035183 ↗): 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.

$12,937,719
Ronald Duncan total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
83.08%
Say-on-pay support, latest vote

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Reports for GLIBK

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Peer Teardown ReportThe free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.$199 →Reverse Peer AnalysisThe free page is the one line. The analysis reads every company that names this one in its own peer group.$299 →Executive Compensation ReportThe free page is the headline figures. The report is every award, peer and vote assembled into one document you can hand to a committee.$1,500 →Committee BriefThe free page is the annual picture. The brief is four pre-meeting packs a year, one for each season a committee sits in.$4,500/year →
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Companies that benchmark against GLIBK
No companies currently name GLIBK as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ronald Duncan$459,643$0$1,459,893$10,057,524$846,569$0$114,091$12,937,719
President and Chief Executive Officer
Renee Wilm00493,4620000493,462
Chief Legal Officer and Chief Administrative Officer
Brian Wendling00252,9040000252,904
Principal Financial Officer and Chief Accounting 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Ronald Duncan$12,937,719———
Renee Wilm493,462———
Brian Wendling252,904———

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Larry E. RomrellRSU36,055—$21,985
Larry E. RomrellPSU34,878—35,331
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation philosophy seeks to align the interests of the named executive officers with those of our stockholders, with the ultimate goal of appropriately motivating our executives to increase long-term company value. A significant portion of the Chief Executive Officer’s compensation is at-risk and performance-based, and performance targets support the long-term growth of the company.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedging—
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-114,975,1491,013,5896,19783.08%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
20262026-05-1183.08%a

a. 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 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brian M. DeevyIndependent · Compensation · Nominating and Corporate Governance · Audit (Chair)$23,352$10,727$376,881—$0$410,960
Larry E. RomrellIndependent · Compensation (Chair) · Nominating and Corporate Governance · Audit23,35210,496369,308—0403,156
Richard R. GreenIndependent · Compensation · Nominating and Corporate Governance (Chair) · Audit · Newly elected28,02210,065364,084—0402,171
Jedd GouldIndependent · Audit · Newly elected35,0270219,285—0254,312
Ronald A. DuncanEmployee director · Executive—————0
John C. MaloneNot independent · Board Chair · Executive——————
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$200,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$109,753
Equity awards (grant-date value)$31,288
All other compensation$0
Total cost of the board$141,041

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
1Liberty Capital2025Ronald Duncan$459,643$1,459,893$10,057,524$846,569$12,937,719

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at Liberty Capital in fiscal 2025?
As disclosed, Ronald Duncan, President and Chief Executive Officer, was the highest-paid executive at Liberty Capital in fiscal 2025 with total compensation of $12,937,719.
How does Liberty Capital's chief executive pay compare to its disclosed peer group?
The filing shows that the CEO pay percentile of disclosed peers is not disclosed in this filing.
What is Liberty Capital's CEO-to-median employee pay ratio?
The filing shows that the CEO-to-median employee pay ratio is not disclosed in this filing.
How did shareholders vote on Liberty Capital's executive compensation?
As disclosed, shareholders supported the executive compensation vote with 83.08% support.
How much does Liberty Capital spend in total on board compensation for fiscal 2025?
The company reported total board compensation of $141,041 for fiscal 2025.

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, Ronald DuncanDEF 14A2026-03-260001104659-26-035183Section “Summary Compensation Table”. As printed: 12,937,719. Filing ↗machine: r1 · c48 · span 852479–852489
2Section 01, Renee WilmDEF 14A2026-03-260001104659-26-035183Section “Summary Compensation Table”. As printed: 493,462. Filing ↗machine: r3 · c48 · span 863806–863813
3Section 01, Brian WendlingDEF 14A2026-03-260001104659-26-035183Section “Summary Compensation Table”. As printed: 252,904. Filing ↗machine: r2 · c48 · span 856690–856697
4Section 08, Brian M. DeevyDEF 14A2026-03-260001104659-26-035183Section “Director Compensation”. As printed: 410,960. Filing ↗machine: span 621163–621170
5Section 08, Larry E. RomrellDEF 14A2026-03-260001104659-26-035183Section “Director Compensation”. As printed: 403,156. Filing ↗machine: span 634945–634952
6Section 08, Richard R. GreenDEF 14A2026-03-260001104659-26-035183Section “Director Compensation”. As printed: 402,171. Filing ↗machine: span 630203–630210
7Section 08, Jedd GouldDEF 14A2026-03-260001104659-26-035183Section “Director Compensation”. As printed: 254,312. Filing ↗machine: span 626012–626019
8Section 08, Ronald A. DuncanDEF 14A2026-03-260001104659-26-035183Section “Director Compensation”. As printed: 0. Filing ↗
9Section 08, John C. MaloneDEF 14A2026-03-260001104659-26-035183Section “Director Compensation”. As printed: —. Filing ↗
10Section 06, 2026 voteForm 8-K2026-05-130001104659-26-059560Item 5.07 · say-on-pay result. As reported: 83.08% (votes for as printed: 4,975,149). Filing ↗
11Section 09b board cost (computed)Computed——Cash 109,753 + equity 31,288 + all other 0 = 141,041, summed across the director compensation table rows.machine: formula: Σ = 141,041
12Liberty Capital (subject), Section 10b CEO totalDEF 14A2026-03-260001104659-26-035183CEO total compensation as printed in Liberty Capital's own proxy. As printed: 12,937,719. Filing ↗machine: r1 · c48 · span 852479–852489

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