CEO Sean McClain was paid $671,702 in fiscal year 2025, ↑ up 2.8% from fiscal year 2024 (SEC filing 0001193125-26-150358 ↗): 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.
$671,702 ↑ Sean McClain total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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MNTK's next annual pay disclosure, estimated April 12, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Sean McClain | $454,713 | $190,060 | $0 | $0 | $0 | $0 | $26,929 | $671,702 |
| President and Chief Executive Officer | ||||||||
| Kevin Van Asdalan | 359,541 | 113,152 | 0 | 0 | 0 | 0 | 19,482 | 492,175 |
| Chief Financial Officer and Treasurer | ||||||||
| John Ciroli | 353,002 | 113,152 | 0 | 0 | 0 | 0 | 23,284 | 489,438 |
| Chief Legal Officer and Secretary | ||||||||
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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Sean McClain | $671,702 | $653,377 | $3,016,530 | ↑ +18,325 |
| Kevin Van Asdalan | 492,175 | 495,524 | 2,472,427 | ↓ −3,349 |
| John Ciroli | 489,438 | 509,889 | 2,050,852 | ↓ −20,451 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Kevin Van Asdalan | CFO | $492,175 |
| Sean McClain | CEO | $671,702 |
| John Ciroli | General Counsel | $489,438 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Jennifer Cunningham | Independent Director | $115,000 |
| John A. Copelyn | Chair of the Board | $115,000 |
| Michael A. Jacobson | Former director (through FY2025) | $57,500 |
| Mohamed H. Ahmed | Lead Independent Director | $115,000 |
| Theventheran (Kevin) G. Govender | Independent Director | $115,000 |
| Yunis Shaik | Independent Director | $115,000 |
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| John A. Copelyn | Director | 2026-05-11 | A | 17,506 | $1 | $25,384 | Common | Form 4 ↗ |
| John Ciroli | Chief Legal Officer | 2026-05-20 | A | 302,982 | 0 | 0 | Common | Form 4 ↗ |
| Kevin Van Asdalan | Chief Financial Officer | 2026-05-20 | A | 302,982 | 0 | 0 | Common | Form 4 ↗ |
| Sean F. McClain | Director | 2026-05-20 | A | 383,183 | 0 | 0 | Common | Form 4 ↗ |
| James A. Shaw | Chief Operating Officer | 2026-05-20 | A | 282,842 | 0 | 0 | Common | Form 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.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| John Ciroli | Option | 133,333 | 6.77 | — |
| Kevin Van Asdalan | Option | 166,667 | 6.77 | — |
| John Ciroli | Option | 133,334 | 6.77 | — |
| Sean McClain | Option | 200,000 | 6.77 | — |
| Kevin Van Asdalan | Option | 166,666 | 6.77 | — |
Messrs. McClain, Van Asdalan and Ciroli were eligible to earn a 2025 discretionary cash bonus equal to approximately 25%, 30%, and 30%, respectively, of such NEO's 2025 base salary based on individual performance, and 25%, 15% and 15%, respectively, of such NEO's base salary based on the attainment of identified individual objectives.
| CEO STI target (% of salary) | 50% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-26 | — | — | — | — | — |
| 2025 | 2025-05-22 | — | — | — | — | — |
| 2024 | 2024-06-05 | — | — | — | — | — |
| 2023 | 2023-06-05 | — | — | — | — | — |
| 2022 | 2022-06-06 | — | — | — | — | — |
| 2021 | 2021-05-25 | — | — | — | — | — |
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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-26 | —a |
| 2025 | 2025-05-22 | —b |
| 2024 | 2024-06-05 | —c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. 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.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Theventheran (Kevin) G. GovenderIndependent · Compensation (Chair) · Environmental, Safety and Corporate Responsibility | $115,000 | $0 | $0 | — | $0 | $115,000 |
| Yunis ShaikIndependent · Audit · Environmental, Safety and Corporate Responsibility (Chair) | 115,000 | 0 | 0 | — | 0 | 115,000 |
| Jennifer CunninghamIndependent · Audit · Environmental, Safety and Corporate Responsibility | 115,000 | 0 | 0 | — | 0 | 115,000 |
| Mohamed H. AhmedIndependent · Lead Independent Director · Audit (Chair) · Nominating and Corporate Governance | 115,000 | 0 | 0 | — | 0 | 115,000 |
| John A. CopelynIndependent · Board Chair · Nominating and Corporate Governance (Chair) · Compensation | 115,000 | 0 | 0 | — | 0 | 115,000 |
| Michael A. JacobsonIndependent · Departed during FY | 57,500 | 0 | 0 | — | 0 | 57,500 |
| Sean F. McClainEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $115,000 |
|---|---|
| Annual equity retainer | $0 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | $345,000 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $632,500 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $632,500 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Montauk Renewables | 2025 | Sean McClain | $454,713 | $0 | $0 | $0 | $671,702 |
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.
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Sean McClain | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Summary Compensation Table (2025 and 2024)” · page 18. As printed: 671,702. Filing ↗machine: r4 · c39 · span 310462–310469 |
| 2 | Section 01, Kevin Van Asdalan | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Summary Compensation Table (2025 and 2024)” · page 18. As printed: 492,175. Filing ↗machine: t76 · r7 · c39 · span 317690–317697 |
| 3 | Section 01, John Ciroli | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Summary Compensation Table (2025 and 2024)” · page 18. As printed: 489,438. Filing ↗machine: r10 · c39 · span 324676–324683 |
| 4 | Section 07, pay ratio | 10-K | 2026-03-11 | 0001193125-26-102364 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 5 | Section 08, Theventheran (Kevin) G. Govender | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Director Compensation”. As printed: 115,000. Filing ↗machine: t89 · r5 · c4 · span 411359–411373 |
| 6 | Section 08, Yunis Shaik | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Director Compensation”. As printed: 115,000. Filing ↗machine: t89 · r8 · c4 · span 414646–414660 |
| 7 | Section 08, Jennifer Cunningham | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Director Compensation”. As printed: 115,000. Filing ↗machine: t89 · r4 · c4 · span 410406–410420 |
| 8 | Section 08, Mohamed H. Ahmed | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Director Compensation”. As printed: 115,000. Filing ↗machine: t89 · r2 · c4 · span 408505–408519 |
| 9 | Section 08, John A. Copelyn | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Director Compensation”. As printed: 115,000. Filing ↗machine: t89 · r3 · c4 · span 409441–409455 |
| 10 | Section 08, Michael A. Jacobson | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Director Compensation”. As printed: 57,500. Filing ↗machine: t89 · r6 · c4 · span 412326–412339 |
| 11 | Section 08, Sean F. McClain | DEF 14A | 2026-04-10 | 0001193125-26-150358 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t89 · r7 · c4 · span 412976–412983 |
| 12 | Section 02, John A. Copelyn 2026-05-11 | Form 4 | 2026-05-13 | 0000950103-26-007157 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 13 | Section 02, John Ciroli 2026-05-20 | Form 4 | 2026-05-22 | 0000950103-26-007657 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 14 | Section 02, Kevin Van Asdalan 2026-05-20 | Form 4 | 2026-05-22 | 0000950103-26-007658 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Sean F. McClain 2026-05-20 | Form 4 | 2026-05-22 | 0000950103-26-007659 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, James A. Shaw 2026-05-20 | Form 4 | 2026-05-22 | 0000950103-26-007661 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 06, 2026 vote | Form 8-K | 2026-05-28 | 0001193125-26-243221 | Item 5.07 · say-on-pay result. As reported: —. Filing ↗ |
| 18 | Section 06, 2025 vote | Form 8-K | 2025-05-27 | 0001193125-25-127599 | Item 5.07 · say-on-pay result. As reported: —. Filing ↗ |
| 19 | Section 06, 2024 vote | Form 8-K | 2024-06-07 | 0001193125-24-157549 | Item 5.07 · say-on-pay result. As reported: —. Filing ↗ |
| 20 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 21 | Section 09b board cost (computed) | Computed | — | — | Cash 632,500 + equity 0 + all other 0 = 632,500, summed across the director compensation table rows.machine: formula: Σ = 632,500 |
| 22 | Montauk Renewables (subject), Section 10b CEO total | DEF 14A | 2026-04-10 | 0001193125-26-150358 | CEO total compensation as printed in Montauk Renewables's own proxy. As printed: 671,702. Filing ↗machine: r4 · c39 · span 310462–310469 |
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