Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-24

Greenidge Generation Holdings (GREEL)

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.

$630,439
Jordan Kovler total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against GREEL
No companies currently name GREEL 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
Jordan Kovler$354,600$137,500$94,583$0$0$0$43,756$630,439
Chief Executive Officer
Dale Irwin354,600137,50063,28200036,858592,240
President
Christian Mulvihill276,700118,75063,28200022,551481,283
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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jordan Kovler$630,439$507,254
Dale Irwin592,240538,017
Christian Mulvihill481,283268,386

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

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Atlas Capital Resources GP LLCDirector2026-07-06A114,199$1$162,163Common, indirectForm 4 ↗
Jordan KovlerDirector2026-07-20A125,00000CommonForm 4 ↗
Christian MulvihillChief Financial Officer2026-07-20A35,00000CommonForm 4 ↗
Dale IrwinPresident2026-07-20A50,00000CommonForm 4 ↗
Jordan KovlerDirector2026-07-24D35,721287,516CommonForm 4 ↗
Dale IrwinPresident2026-07-24D21,154251,827CommonForm 4 ↗
Christian MulvihillChief Financial Officer2026-07-24D14,738236,108CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Dale IrwinRSU$63,282
Jordan KovlerRSU94,583
Christian MulvihillRSU63,282
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Dale Irwin$63,282$0$00.0%
Jordan Kovler94,583000.0%
Christian Mulvihill63,282000.0%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Christian MulvihillRSU4,680$6,926
Christian MulvihillOption122,40313.2
Jordan KovlerOption33,3334.97
Dale IrwinRSU4,6806,926
Christian MulvihillOption695,75618.81
05

Incentive-plan design — the Compensation Discussion & Analysis

Base salaries are intended to provide a level of compensation sufficient to attract and retain an effective management team, when considered in combination with the other components of our executive compensation program.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedgingtrue
Anti-pledgingtrue
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Charles ZeynelIndependent · Partial-year service · Newly elected$50,000$124,705$0$0$0$174,705
Kenneth FearnIndependent · Audit · Not standing for re-election · Departed during FY30,000134,036000164,036
Christopher KrugIndependent · Compensation · Not standing for re-election · Departed during FY30,000134,036000164,036
George (Ted) RogersIndependent60,00000060,000
Michael NeuschelerIndependent · Audit (Chair)50,00000050,000
Timothy LoweIndependent · Audit40,00000040,000
Daniel RothauptIndependent · Not standing for re-election · Departed during FY7,5000007,500
David AndersonNot independent · Not standing for re-election · Departed during FY000000
David FilippelliNot independent000000
Andrew M. BurskyNot independent000000
Timothy FazioIndependent · Board Chair · Compensation (Chair) · Capital000000
Jordan KovlerEmployee director00000
Jerome LayIndependent · Compensation · Capital000000
09

Board fee structure and ownership guideline

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

Total cost of the board

ComponentFY2025
Cash retainers and fees$267,500
Equity awards (grant-date value)$392,777
All other compensation$0
Total cost of the board$660,277

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
1Greenidge Generation Holdings2025Jordan Kovler$354,600$94,583$0$0$630,439

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.

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, Jordan KovlerDEF 14A2026-04-300001193805-26-000547Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 630,439. Filing ↗machine: r1 · c25 · span 192714–192721
2Section 01, Dale IrwinDEF 14A2026-04-300001193805-26-000547Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 592,240. Filing ↗machine: r3 · c25 · span 194883–194890
3Section 01, Christian MulvihillDEF 14A2026-04-300001193805-26-000547Section “SUMMARY COMPENSATION TABLE” · page 20. As printed: 481,283. Filing ↗machine: r5 · c25 · span 197034–197041
4Section 03, Dale Irwin RSUDEF 14A2026-04-300001193805-26-000547Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t59 · r3 · c13 · span 194459–194465
5Section 03, Jordan Kovler RSUDEF 14A2026-04-300001193805-26-000547Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t59 · r1 · c13 · span 192137–192143
6Section 03, Christian Mulvihill RSUDEF 14A2026-04-300001193805-26-000547Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t59 · r5 · c13 · span 196610–196616
7Section 07, pay ratio10-K2026-03-310001844971-26-000011Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Charles ZeynelDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 174,705. Filing ↗machine: t46 · r13 · c7 · span 142742–142749
9Section 08, Kenneth FearnDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 164,036. Filing ↗machine: t46 · r4 · c7 · span 136857–136864
10Section 08, Christopher KrugDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 164,036. Filing ↗machine: t46 · r7 · c7 · span 138827–138834
11Section 08, George (Ted) RogersDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t46 · r11 · c1 · span 141042–141048
12Section 08, Michael NeuschelerDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 50,000. Filing ↗machine: t46 · r10 · c1 · span 140385–140391
13Section 08, Timothy LoweDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 40,000. Filing ↗machine: t46 · r9 · c1 · span 139740–139746
14Section 08, Daniel RothauptDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 7,500. Filing ↗machine: t46 · r12 · c1 · span 141698–141703
15Section 08, David AndersonDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 0. Filing ↗machine: t46 · r1 · c7 · span 134888–134889
16Section 08, David FilippelliDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 0. Filing ↗machine: t46 · r5 · c7 · span 137500–137501
17Section 08, Andrew M. BurskyDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 0. Filing ↗machine: t46 · r2 · c7 · span 135533–135534
18Section 08, Timothy FazioDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 0. Filing ↗machine: t46 · r3 · c7 · span 136186–136187
19Section 08, Jordan KovlerDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 0. Filing ↗machine: t46 · r6 · c7 · span 138142–138143
20Section 08, Jerome LayDEF 14A2026-04-300001193805-26-000547Section “Director Compensation”. As printed: 0. Filing ↗machine: t46 · r8 · c7 · span 139453–139454
21Section 02, Atlas Capital Resources GP LLC 2026-07-06Form 42026-07-080001193125-26-298546Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Jordan Kovler 2026-07-20Form 42026-07-220001628280-26-049258Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Christian Mulvihill 2026-07-20Form 42026-07-220001628280-26-049256Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Dale Irwin 2026-07-20Form 42026-07-220001628280-26-049257Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Jordan Kovler 2026-07-24Form 42026-07-240001628280-26-049589Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Dale Irwin 2026-07-24Form 42026-07-240001628280-26-049591Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Christian Mulvihill 2026-07-24Form 42026-07-240001628280-26-049582Insider equity transaction reported since the proxy statement. Filing ↗
28Section 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
29Section 09b board cost (computed)ComputedcomputedCash 267,500 + equity 392,777 + all other 0 = 660,277, summed across the director compensation table rows.machine: formula: Σ = 660,277
30Greenidge Generation Holdings (subject), Section 10b CEO totalDEF 14A2026-04-300001193805-26-000547CEO total compensation as printed in Greenidge Generation Holdings's own proxy. As printed: 630,439. Filing ↗machine: r1 · c25 · span 192714–192721