Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-30

Kura Sushi USA (KRUS)

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.

$1,155,662
Hajime Uba total, FY2025
17th
CEO pay percentile vs peers
CEO-to-median pay ratio
98.59%
Say-on-pay support, latest vote
Companies that benchmark against KRUS
3 companies name KRUS as a compensation peer

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

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Hajime Uba$517,500$0$454,750$0$183,412$0$0$1,155,662
President, Chief Executive Officer, Director and Chairman of the Board
Jeffrey Uttz387,5000280,0000107,74500775,245
Chief Financial Officer
Shahin Allameh316,0000196,200080,07400592,274
Chief Operating Officer
Robert Kluger291,0000163,350087,88200542,232
Chief Development Officer
Arlene Petokas281,0000157,850063,25200502,102
Chief People 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
Hajime Uba$1,155,662$931,498$1,074,617+224,164
Jeffrey Uttz775,245654,3711,991,854+120,874
Shahin Allameh592,274499,302537,475+92,972
Robert Kluger542,232473,174+69,058
Arlene Petokas502,102433,991+68,111

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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Shahin AllamehPSU2025-02-036131,2261,839$98,100
Robert KlugerPSU2025-02-035101,0201,53081,675
Arlene PetokasPSU2025-02-034939861,47978,925
Hajime UbaPSU2025-02-031,4212,8424,263227,375
Jeffrey UttzPSU2025-02-038751,7502,625140,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Shahin Allameh$0$98,100$0100.0%
Robert Kluger081,6750100.0%
Arlene Petokas078,9250100.0%
Hajime Uba0227,3750100.0%
Jeffrey Uttz0140,0000100.0%

% 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
Jeffrey UttzPSU1,750$148,418
Hajime UbaRSU2,842241,030
Hajime UbaPSU2,842241,030
Jeffrey UttzRSU1,750148,418
Shahin AllamehRSU1,226103,977
Shahin AllamehPSU1,226103,977
Robert KlugerRSU1,02086,506
Robert KlugerPSU1,02086,506
Arlene PetokasRSU98683,623
Arlene PetokasPSU98683,623
Hajime UbaRSU85972,852
Hajime UbaRSU66556,399
Jeffrey UttzRSU55847,324
Jeffrey UttzRSU50542,829
Shahin AllamehRSU38432,567
Shahin AllamehRSU35029,684
Robert KlugerRSU32627,648
Arlene PetokasRSU31526,715
Robert KlugerRSU29725,189
Arlene PetokasRSU28724,340
Hajime UbaOption7,14846.15
Hajime UbaOption1,93462.14
Hajime UbaOption2,77198.13
Jeffrey UttzOption6,83873.58
Jeffrey UttzOption1,46762.14
Jeffrey UttzOption1,80098.13
Shahin AllamehOption1,01262.14
Shahin AllamehOption1,24098.13
Robert KlugerOption86462.14
Robert KlugerOption1,05198.13
Arlene PetokasOption1,25045.75
Arlene PetokasOption83162.14
Arlene PetokasOption1,01598.13
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation program is designed to be straightforward, transparent, and reflective of strong corporate governance, with a focus on aligning pay with performance, attracting and retaining high-impact executives, and aligning executive interests with stockholders through a mix of fixed and variable pay that emphasizes long-term stockholder value creation.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantPearl Meyer & Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-01-2118,594,882265,3355,86598.59%Passed
20252025-01-2319,386,397217,1875,79098.89%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
20262026-01-2198.59%a
20252025-01-2398.89%b

a. Voting standard not stated in the filing.

b. 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
Shintaro AsakoIndependent$95,000$70,000$165,000
Carin StutzIndependent65,00070,000135,000
Treasa BowersIndependent62,15170,000132,151
Kim EllisIndependent50,00070,000120,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$272,151
Equity awards (grant-date value)$280,000
All other compensation$0
Total cost of the board$552,151

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

LOCO El Pollo Loco Holdings, Inc.NATH Nathan's Famous, Inc. Potbelly CorporationCHUY Chuy's Holdings, Inc.GTIM Good Times Restaurants Inc.NDLS Noodles & CompanyPTLO Portillo's Inc.ARKR Ark Restaurants Corp.STKS The ONE Group Hospitality, Inc.SHAK Shake Shack Inc.
10a

Peer reciprocity

Of the companies Kura Sushi USA names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

El Pollo Loco Holdings, Inc. (LOCO) Nathan's Famous, Inc. (NATH) Chuy's Holdings, Inc. (CHUY)27 Good Times Restaurants Inc. (GTIM) Noodles & Company (NDLS)28 Portillo's Inc. (PTLO)29 Ark Restaurants Corp. (ARKR) The ONE Group Hospitality, Inc. (STKS) Shake Shack Inc. (SHAK)30

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Kura Sushi USA.

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
1Shake Shack Inc.2025Robert Lynch$1,000,000$5,000,161$0$1,011,750$7,210,818
2El Pollo Loco Holdings, Inc.2025Elizabeth Williams750,9501,434,000717,000581,1623,539,320
3Chuy's Holdings, Inc.2023Steve Hislop745,498559,0880745,4982,068,041
4Nathan's Famous, Inc.2025Eric Gatoff625,0000001,694,216
5Portillo's Inc.2025Michael Miles Jr.16,3191,320,000001,467,689
6Kura Sushi USA2025Hajime Uba517,500454,7500183,4121,155,662
7Noodles & Company2025Joseph Christina407,116388,700082,569889,720
Good Times Restaurants Inc.not in coverage universe
Ark Restaurants Corp.not in coverage universe
The ONE Group Hospitality, Inc.not in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Kura Sushi USAnot disclosedRSU 50 · PSU 50not disclosedPearl Meyer & Partners, LLC
Ark Restaurants Corp.not disclosednot disclosednot disclosednot disclosed
Chuy's Holdings, Inc.100%RSU 100not disclosedMercer
El Pollo Loco Holdings, Inc.77.5%PSU 33 · RSU 33 · Options 33NoSemler Brossy
Good Times Restaurants Inc.not disclosednot disclosednot disclosednot disclosed
Nathan's Famous, Inc.not disclosednot disclosednot disclosednot disclosed
Noodles & Companynot disclosedPSU 60 · RSU 40not disclosedFW Cook
Portillo's Inc.not disclosedPSU 50 · RSU 50 · Option 50not disclosedMeridian Compensation Partners, LLC
Shake Shack Inc.67.5%PSU 60 · RSU 40NoPearl Meyer & Partners
The ONE Group Hospitality, Inc.not disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

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, Hajime UbaDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation”. As printed: 1,155,662. Filing ↗machine: span 753256–753265
2Section 01, Jeffrey UttzDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation”. As printed: 775,245. Filing ↗machine: span 781146–781153
3Section 01, Shahin AllamehDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation”. As printed: 592,274. Filing ↗machine: span 809586–809593
4Section 01, Robert KlugerDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation”. As printed: 542,232. Filing ↗machine: span 837455–837462
5Section 01, Arlene PetokasDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation”. As printed: 502,102. Filing ↗machine: span 856218–856225
6Section 03, Shahin Allameh PSUDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 688073–688079
7Section 03, Robert Kluger PSUDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 692460–692466
8Section 03, Arlene Petokas PSUDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 696848–696854
9Section 03, Hajime Uba PSUDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 680612–680619
10Section 03, Jeffrey Uttz PSUDEF 14A2025-12-100001193125-25-314444Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 683683–683690
11Section 08, Shintaro AsakoDEF 14A2025-12-100001193125-25-314444Section “Director Compensation”. As printed: 165,000. Filing ↗machine: span 170043–170252
12Section 08, Carin StutzDEF 14A2025-12-100001193125-25-314444Section “Director Compensation”. As printed: 135,000. Filing ↗machine: span 182993–183202
13Section 08, Treasa BowersDEF 14A2025-12-100001193125-25-314444Section “Director Compensation”. As printed: 132,151. Filing ↗machine: span 189471–189680
14Section 08, Kim EllisDEF 14A2025-12-100001193125-25-314444Section “Director Compensation”. As printed: 120,000. Filing ↗machine: span 176517–176726
15Section 06, 2026 voteForm 8-K2026-01-220001193125-26-019473Item 5.07 · say-on-pay result. As reported: 98.59% (votes for as printed: 18,594,882). Filing ↗
16Section 06, 2025 voteForm 8-K2025-01-240000950170-25-008843Item 5.07 · say-on-pay result. As reported: 98.89% (votes for as printed: 19,386,397). Filing ↗
17Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 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
19Section 09b board cost (computed)ComputedcomputedCash 272,151 + equity 280,000 + all other 0 = 552,151, summed across the director compensation table rows.machine: formula: Σ = 552,151
20Shake Shack Inc., Section 10b CEO totalDEF 14A2026-04-290001104659-26-051572CEO total compensation as printed in Shake Shack Inc.'s own proxy. As printed: 7,210,818. Filing ↗machine: r1 · c54 · span 604209–604218
21El Pollo Loco Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-300001606366-26-000021CEO total compensation as printed in El Pollo Loco Holdings, Inc.'s own proxy. As printed: 3,539,320. Filing ↗machine: t144 · r5 · c23 · span 798734–798743
22Chuy's Holdings, Inc., Section 10b CEO totalDEF 14A0001524931-24-000072CEO total compensation as printed in Chuy's Holdings, Inc.'s own proxy. As printed: 2,068,041. Filing ↗machine: t17 · r2 · c19 · span 276662–276671
23Nathan's Famous, Inc., Section 10b CEO totalDEF 14A2025-07-250001104659-25-070823CEO total compensation as printed in Nathan's Famous, Inc.'s own proxy. As printed: 1,694,216. Filing ↗machine: span 397432–397441
24Portillo's Inc., Section 10b CEO totalDEF 14A2026-04-170001871509-26-000024CEO total compensation as printed in Portillo's Inc.'s own proxy. As printed: 1,467,689. Filing ↗machine: r5 · c45 · span 1091132–1091141
25Kura Sushi USA (subject), Section 10b CEO totalDEF 14A2025-12-100001193125-25-314444CEO total compensation as printed in Kura Sushi USA's own proxy. As printed: 1,155,662. Filing ↗machine: span 753256–753265
26Noodles & Company, Section 10b CEO totalDEF 14A2026-04-010001275158-26-000030CEO total compensation as printed in Noodles & Company's own proxy. As printed: 889,720. Filing ↗machine: span 363953–363960
27Section 10a, Chuy's Holdings, Inc. reciprocityDEF 14A0001524931-24-000072Chuy's Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Kura Sushi USA. Filing ↗
28Section 10a, Noodles & Company reciprocityDEF 14A0001275158-26-000030Noodles & Company's most recent proxy was read; its disclosed peer group does not include Kura Sushi USA. Filing ↗
29Section 10a, Portillo's Inc. reciprocityDEF 14A0001871509-26-000024Portillo's Inc. names Kura Sushi USA in its own disclosed peer group (read from its most recent proxy). Filing ↗
30Section 10a, Shake Shack Inc. reciprocityDEF 14A0001104659-26-051572Shake Shack Inc.'s most recent proxy was read; its disclosed peer group does not include Kura Sushi USA. Filing ↗