Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-01

Idaho Strategic Resources (IDR)

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.

$442,528
John Swallow total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
99.53%
Say-on-pay support, latest vote
Companies that benchmark against IDR
No companies currently name IDR 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
John Swallow$279,650$53,550$0$109,328$0$0$0$442,528
President, CEO & Chairman
Robert Morgan200,40041,750061,794000303,944
Vice President of Exploration

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
John Swallow$442,528
Robert Morgan303,944

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
John SwallowOption11,50011.5
05

Incentive-plan design — the Compensation Discussion & Analysis

The compensation of the Named Executive Officers has been set by disinterested members of the Board of Directors to a level competitive with other mining companies of similar size with similar types of operations.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-06-176,622,32231,02946,40499.53%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
20242024-06-1799.53%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.

09

Board fee structure and ownership guideline

Annual cash retainer$20,500
Annual equity retainer$47,534
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
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
1Idaho Strategic Resources2025John Swallow$279,650$0$109,328$0$442,528

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, John SwallowDEF 14A2026-05-010001654954-26-004296Section “Executive Compensation”. As printed: 442,528. Filing ↗machine: r1 · c33 · span 172837–172844
2Section 01, Robert MorganDEF 14A2026-05-010001654954-26-004296Section “Executive Compensation”. As printed: 303,944. Filing ↗machine: r7 · c33 · span 199505–199512
3Section 06, 2024 voteForm 8-K2024-06-180001654954-24-007919Item 5.07 · say-on-pay result. As reported: 99.53% (votes for as printed: 6,622,322). Filing ↗
4Idaho Strategic Resources (subject), Section 10b CEO totalDEF 14A2026-05-010001654954-26-004296CEO total compensation as printed in Idaho Strategic Resources's own proxy. As printed: 442,528. Filing ↗machine: r1 · c33 · span 172837–172844