Companies Idaho Strategic Resources, Inc.
Idaho Strategic Resources (IDR): executive pay, fiscal 2025
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CEO pay, last three years
- $167,042FY2023
- $240,500FY2024
- $442,528FY2025
CEO total pay was $442,528 in fiscal 2025, up from $240,500 in fiscal 2024.
FY2025: salary $279,650 · bonus $53,550 · stock awards $0 · option awards $109,328
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Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| John Swallow | $279,650 | $53,550 | $0 | $109,328 | $0 | $0 | $0 | $442,528 |
| President, CEO & Chairman | ||||||||
| Grant Brackebusch | 279,650 | 53,550 | 0 | 109,328 | 0 | 0 | 0 | 442,528 |
| CFO & Vice President | ||||||||
| Robert Morgan | 200,400 | 41,750 | 0 | 61,794 | 0 | 0 | 0 | 303,944 |
| 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| John Swallow | $442,528 | $240,500 | $167,042 | ↑ +202,028 |
| Grant Brackebusch | 442,528 | 240,500 | 175,375 | ↑ +202,028 |
| Robert Morgan | 303,944 | 177,100 | 140,625 | ↑ +126,844 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Compensation Committee aims to enhance shareholder value, align pay and performance, and attract and retain top executive talent by reviewing compensation practices against competitive market data and peer groups. The Committee does not use a single method or measure, nor does it establish specific targets for total direct compensation, but generally begins deliberations with reference to overall Company performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| John Swallow | Option | 11,500 | 11.5 | — |
| Grant Brackebusch | Option | 11,500 | 11.5 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| John SwallowEmployee director · Board Chair | — | — | — | — | — | $0 |
| Grant BrackebuschEmployee director | — | — | — | — | — | 0 |
| Kevin ShiellIndependent · Audit · Compensation · Nominating | — | — | 0 | — | 0 | — |
| Richard BeavenIndependent · Audit (Chair) · Compensation (Chair) · Nominating (Chair) | — | — | 0 | — | 0 | — |
| Carolyn TurnerIndependent · Audit · Compensation · Nominating | — | — | 0 | — | 0 | — |
Board fee structure and ownership guideline
| Annual cash retainer | $17,500 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $0 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $0 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Idaho Strategic Resources as a peer
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.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Idaho Strategic Resources, Inc. | 2025 | John 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.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2024 | 2024-06-17 | 6,622,322 | 31,029 | 46,404 | 99.53% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2024 | 2024-06-17 | 99.53%a |
a. Approved under the standard stated in the filing — “FOR Advisory vote on executive compensation Majority of votes cast Abstentions and broker non-votes are not counted as votes cast, and thus will have no effect on the outcome of the vote.”.
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.
CEO pay ratio
| Ratio (CEO : median employee) | 1 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $95,189 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (13 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, John Swallow. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 442,528. View filing ↗
- Section 01, Grant Brackebusch. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 442,528. View filing ↗
- Section 01, Robert Morgan. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 303,944. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2023-05-15. Section “CEO Pay Ratio”. As printed: 1 : 1. View filing ↗
- Section 08, John Swallow. DEF 14A, filed 2026-05-01. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Grant Brackebusch. DEF 14A, filed 2026-05-01. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Kevin Shiell. DEF 14A, filed 2026-05-01. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Richard Beaven. DEF 14A, filed 2026-05-01. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Carolyn Turner. DEF 14A, filed 2026-05-01. Section “Director Compensation”. As printed: —. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-18. Item 5.07 · say-on-pay result. As reported: 99.53% (votes for as printed: 6,622,322). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.
- Idaho Strategic Resources, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-05-01. CEO total compensation as printed in Idaho Strategic Resources, Inc.'s own proxy. As printed: 442,528. View filing ↗