Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-04-25

Goldgroup Mining (GORO)

CEO Allen Palmiere was paid $817,354 in fiscal year 2024, ↓ down 19.1% from fiscal year 2023 (SEC filing 0001558370-25-005528 ↗): 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.

$817,354 ↓
Allen Palmiere total, FY2024
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Allen Palmiere (President and Chief Executive Officer), FY2024 total compensation $817,354 (base salary $495,000) [exec_comp, SEC accession 0001558370-25-005528, filed 2025-04-25]

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01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Allen Palmiere$495,000$2,500$302,239$0$0$0$17,615$817,354
President and Chief Executive Officer
Alberto Reyes341,0002,500144,8560004,467492,823
Chief Operating Officer
Chet Holyoak276,6672,500113,51400012,384405,064
Chief Financial 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Allen Palmiere$817,354$1,009,846—↓ −192,492
Alberto Reyes492,823634,238—↓ −141,415
Chet Holyoak405,064307,840—↑ +97,224

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

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Companies that benchmark against GORO
1 company names GORO as a compensation peer

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

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

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
1Goldgroup Mining2024Allen Palmiere$495,000$302,239$0$0$817,354

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 Goldgroup Mining in fiscal 2024?
As disclosed, Allen Palmiere (President and Chief Executive Officer) was the highest-paid executive at Goldgroup Mining in fiscal 2024, with total compensation of $817,354.

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, Allen PalmiereDEF 14A2025-04-250001558370-25-005528Section “Executive Compensation”. As printed: 817,354. Filing ↗
2Section 01, Alberto ReyesDEF 14A2025-04-250001558370-25-005528Section “Executive Compensation”. As printed: 492,823. Filing ↗
3Section 01, Chet HolyoakDEF 14A2025-04-250001558370-25-005528Section “Executive Compensation”. As printed: 405,064. Filing ↗
4Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
5Goldgroup Mining (subject), Section 10b CEO totalDEF 14A2025-04-250001558370-25-005528CEO total compensation as printed in Goldgroup Mining's own proxy. As printed: 817,354. Filing ↗