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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| William Shaver | $470,455 | $101,511 | $0 | $362,806 | $0 | $0 | $34 | $934,806 |
| Chief Operating Officer | ||||||||
| Robert McEwen | 1 | 0 | 0 | 770,963 | 0 | 0 | 5,585 | 776,549 |
| Chairman and Chief Executive Officer | ||||||||
| Perry Ing | 394,521 | 91,456 | 0 | 226,754 | 0 | 0 | 2,014 | 714,745 |
| Chief Financial Officer | ||||||||
| Carmen Diges | 121,533 | 62,709 | 0 | 181,403 | 0 | 0 | 170,451 | 536,096 |
| General Counsel and Corporate Secretary | ||||||||
| Jeffrey Chan | 194,421 | 78,931 | 0 | 181,403 | 0 | 0 | 10,631 | 465,386 |
| Vice President – Finance | ||||||||
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 |
|---|---|---|---|---|
| William Shaver | $934,806 | — | — | — |
| Robert McEwen | 776,549 | — | — | — |
| Perry Ing | 714,745 | — | — | — |
| Carmen Diges | 536,096 | — | — | — |
| Jeffrey Chan | 465,386 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Perry Ing | RSU | 2025-06-29 | — | — | 14,220 | — | $132,957 |
| Jeffrey Chan | RSU | 2025-08-11 | — | — | 3,800 | — | 39,634 |
| Jeffrey Chan | RSU | 2025-09-08 | — | — | 1,600 | — | 22,032 |
| Jeffrey Chan | OPTION | 2025-08-11 | — | — | 40,000 | — | 181,403 |
| Jeffrey Chan | RSU | 2025-06-29 | — | — | 778 | — | 7,274 |
| Carmen Diges | OPTION | 2025-08-11 | — | — | 40,000 | — | 181,403 |
| Carmen Diges | RSU | 2025-11-10 | — | — | 4,410 | — | 75,367 |
| Carmen Diges | RSU | 2025-08-11 | — | — | 3,900 | — | 40,677 |
| Carmen Diges | RSU | 2025-09-08 | — | — | 1,600 | — | 22,032 |
| Carmen Diges | RSU | 2025-06-29 | — | — | 10,110 | — | 94,529 |
| Perry Ing | OPTION | 2025-08-11 | — | — | 50,000 | — | 226,754 |
| Perry Ing | RSU | 2025-08-11 | — | — | 5,600 | — | 58,408 |
| Perry Ing | RSU | 2025-09-08 | — | — | 2,400 | — | 33,048 |
| Perry Ing | RSU | 2025-11-10 | — | — | 6,990 | — | 119,459 |
| Robert McEwen | OPTION | 2025-08-11 | — | — | 170,000 | — | 770,963 |
| William Shaver | OPTION | 2025-08-11 | — | — | 80,000 | — | 453,508 |
| William Shaver | RSU | 2025-11-10 | — | — | 17,100 | — | 292,239 |
| William Shaver | RSU | 2025-08-11 | — | — | 6,300 | — | 65,709 |
| William Shaver | RSU | 2025-06-29 | — | — | 35,220 | — | 329,307 |
| William Shaver | RSU | 2025-09-08 | — | — | 2,600 | — | 35,802 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Perry Ing | $343,872 | $0 | $226,754 | 0.0% |
| Jeffrey Chan | 68,940 | 0 | 181,403 | 0.0% |
| Carmen Diges | 232,605 | 0 | 181,403 | 0.0% |
| Robert McEwen | 0 | 0 | 770,963 | 0.0% |
| William Shaver | 723,057 | 0 | 453,508 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| William Shaver | RSU | 11,740 | — | $217,307 |
| William Shaver | RSU | 11,400 | — | 211,014 |
| Carmen Diges | RSU | 5,333 | — | 98,714 |
| Perry Ing | RSU | 4,740 | — | 87,737 |
| Perry Ing | RSU | 4,660 | — | 86,257 |
| Carmen Diges | RSU | 3,370 | — | 62,379 |
| Carmen Diges | RSU | 2,940 | — | 54,419 |
| William Shaver | RSU | 2,100 | — | 38,871 |
| Perry Ing | RSU | 1,867 | — | 34,558 |
| Carmen Diges | RSU | 1,300 | — | 24,063 |
| Jeffrey Chan | RSU | 1,267 | — | 23,446 |
| William Shaver | RSU | 867 | — | 16,048 |
| Perry Ing | RSU | 800 | — | 14,808 |
| Jeffrey Chan | RSU | 533 | — | 9,872 |
| Robert McEwen | Option | 33,333 | 7.1 | — |
| Robert McEwen | Option | 170,000 | 10.34 | — |
| Perry Ing | Option | 16,667 | 7.1 | — |
| Perry Ing | Option | 50,000 | 10.34 | — |
| William Shaver | Option | 23,333 | 7.1 | — |
| William Shaver | Option | 80,000 | 10.34 | — |
| Jeffrey Chan | Option | 13,334 | 7.1 | — |
| Jeffrey Chan | Option | 40,000 | 10.34 | — |
| Carmen Diges | Option | 6,667 | 7.1 | — |
| Carmen Diges | Option | 40,000 | 10.34 | — |
The program is intended to be fully competitive to attract, motivate and retain talent, create alignment of interests between executives and shareholders through equity awards, and reflect the corporate culture of managing operating expenses and rewarding performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | true |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-06-19 | 18,735,730 | 514,236 | 349,959 | 97.33% | Passed |
| 2022 | 2022-07-07 | 165,788,946 | 14,208,713 | 2,817,397 | 92.11% | Passed |
| 2019 | 2019-05-23 | 150,602,612 | 3,998,668 | 5,051,089 | 97.41% | Passed |
| 2016 | 2016-05-31 | 133,080,305 | 1,813,027 | 1,377,089 | 98.66% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-06-19 | 97.33%a |
| 2022 | 2022-07-07 | 92.11%b |
| 2019 | 2019-05-23 | 97.41%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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Richard BrissendenIndependent · Lead Independent Director · Compensation, Nominating and Corporate Governance · Audit (Chair) | $50,000 | — | $90,702 | — | — | $140,702 |
| Ian BallEmployee director · Disclosure (Chair) | 47,500 | — | 90,702 | — | — | 138,202 |
| William ShaverEmployee director · Environmental, Health & Safety (Chair) | 22,500 | 22,500 | 90,702 | — | — | 135,702 |
| Nicolas Darveau-GarneauIndependent · Compensation, Nominating and Corporate Governance · Audit | 20,000 | 20,000 | 90,702 | — | — | 130,702 |
| Michelle MakoriIndependent · Disclosure | 30,000 | 10,000 | 90,702 | — | — | 130,702 |
| Robert R. McEwenEmployee director · Board Chair | — | — | 90,702 | — | — | 90,702 |
| Dalia AsterbadiIndependent · Environmental, Health & Safety · Newly elected | — | 20,000 | 45,351 | — | — | 65,351 |
| John FlorekIndependent · Compensation, Nominating and Corporate Governance (Chair) · Environmental, Health & Safety · Newly elected | — | 20,000 | 45,351 | — | — | 65,351 |
| Steve KaszasIndependent · Environmental, Health & Safety · Newly elected | — | 20,000 | 45,351 | — | — | 65,351 |
| Alfred ColasIndependent · Audit · Newly elected | 20,000 | — | 45,351 | — | — | 65,351 |
| Michael MelansonIndependent · Disclosure · Newly elected | 20,000 | — | 45,351 | — | — | 65,351 |
| Allan AmbroseIndependent · Departed during FY | 21,125 | — | — | — | — | 21,125 |
| Robin DunbarIndependent · Departed during FY | 20,000 | — | — | — | — | 20,000 |
| Merri SanchezIndependent · Departed during FY | 18,778 | — | — | — | — | 18,778 |
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $269,903 |
| Equity awards (grant-date value) | $112,500 |
| All other compensation | $0 |
| Total cost of the board | $382,403 |
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 | McEwen | 2025 | Robert McEwen | $1 | $0 | $770,963 | $0 | $776,549 |
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.
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, William Shaver | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Executive Compensation”. As printed: 934,806. Filing ↗machine: r7 · c41 · span 302823–302830 |
| 2 | Section 01, Robert McEwen | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Executive Compensation”. As printed: 776,549. Filing ↗machine: r1 · c41 · span 278182–278189 |
| 3 | Section 01, Perry Ing | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Executive Compensation”. As printed: 714,745. Filing ↗machine: r4 · c41 · span 290503–290510 |
| 4 | Section 01, Carmen Diges | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Executive Compensation”. As printed: 536,096. Filing ↗machine: r13 · c41 · span 327561–327568 |
| 5 | Section 01, Jeffrey Chan | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Executive Compensation”. As printed: 465,386. Filing ↗machine: r10 · c41 · span 315185–315192 |
| 6 | Section 03, Perry Ing RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 370920–370927 |
| 7 | Section 03, Jeffrey Chan RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 443769–443775 |
| 8 | Section 03, Jeffrey Chan RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 449924–449930 |
| 9 | Section 03, Jeffrey Chan OPTION | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 437711–437718 |
| 10 | Section 03, Jeffrey Chan RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 431720–431725 |
| 11 | Section 03, Carmen Diges OPTION | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 461972–461979 |
| 12 | Section 03, Carmen Diges RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 480315–480321 |
| 13 | Section 03, Carmen Diges RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 468030–468036 |
| 14 | Section 03, Carmen Diges RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 474185–474191 |
| 15 | Section 03, Carmen Diges RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 455980–455986 |
| 16 | Section 03, Perry Ing OPTION | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 376903–376910 |
| 17 | Section 03, Perry Ing RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 382958–382964 |
| 18 | Section 03, Perry Ing RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 389110–389116 |
| 19 | Section 03, Perry Ing RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 395237–395244 |
| 20 | Section 03, Robert McEwen OPTION | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 364868–364875 |
| 21 | Section 03, William Shaver OPTION | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 407291–407298 |
| 22 | Section 03, William Shaver RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 425666–425673 |
| 23 | Section 03, William Shaver RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 413376–413382 |
| 24 | Section 03, William Shaver RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 401321–401328 |
| 25 | Section 03, William Shaver RSU | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 419508–419514 |
| 26 | Section 08, Richard Brissenden | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 140,702. Filing ↗machine: span 863213–863220 |
| 27 | Section 08, Ian Ball | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 138,202. Filing ↗machine: span 859605–859612 |
| 28 | Section 08, William Shaver | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 135,702. Filing ↗machine: span 896095–896102 |
| 29 | Section 08, Nicolas Darveau-Garneau | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 130,702. Filing ↗machine: span 870497–870504 |
| 30 | Section 08, Michelle Makori | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 130,702. Filing ↗machine: span 885142–885149 |
| 31 | Section 08, Robert R. McEwen | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 90,702. Filing ↗machine: span 848563–848569 |
| 32 | Section 08, Dalia Asterbadi | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 65,351. Filing ↗machine: span 855937–855943 |
| 33 | Section 08, John Florek | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 65,351. Filing ↗machine: span 877867–877873 |
| 34 | Section 08, Steve Kaszas | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 65,351. Filing ↗machine: span 881539–881545 |
| 35 | Section 08, Alfred Colas | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 65,351. Filing ↗machine: span 866886–866892 |
| 36 | Section 08, Michael Melanson | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 65,351. Filing ↗machine: span 888819–888825 |
| 37 | Section 08, Allan Ambrose | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 21,125. Filing ↗machine: span 849730–849736 |
| 38 | Section 08, Robin Dunbar | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 20,000. Filing ↗machine: span 871664–871670 |
| 39 | Section 08, Merri Sanchez | DEF 14A | 2026-04-24 | 0001104659-26-048627 | Section “Director Compensation”. As printed: 18,778. Filing ↗machine: span 890011–890017 |
| 40 | Section 06, 2025 vote | Form 8-K | 2025-06-25 | 0001104659-25-062578 | Item 5.07 · say-on-pay result. As reported: 97.33% (votes for as printed: 18,735,730). Filing ↗ |
| 41 | Section 06, 2022 vote | Form 8-K | 2022-07-12 | 0001104659-22-079225 | Item 5.07 · say-on-pay result. As reported: 92.11% (votes for as printed: 165,788,946). Filing ↗ |
| 42 | Section 06, 2019 vote | Form 8-K | 2019-05-29 | 0001104659-19-032418 | Item 5.07 · say-on-pay result. As reported: 97.41% (votes for as printed: 150,602,612). Filing ↗ |
| 43 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 44 | Section 09b board cost (computed) | Computed | — | computed | Cash 269,903 + equity 112,500 + all other 0 = 382,403, summed across the director compensation table rows.machine: formula: Σ = 382,403 |
| 45 | McEwen (subject), Section 10b CEO total | DEF 14A | 2026-04-24 | 0001104659-26-048627 | CEO total compensation as printed in McEwen's own proxy. As printed: 776,549. Filing ↗machine: r1 · c41 · span 278182–278189 |