Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-04-16

New ERA Energy & Digital (NUAI)

CEO E. Will Gray II was paid $392,793 in fiscal year 2024, ↑ up 13.2% from fiscal year 2023 (SEC filing 0001213900-25-113229 ↗): 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.

$392,793 ↑
E. Will Gray II total, FY2024
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- E. Will Gray II (Chief Executive Officer), FY2024 total compensation $392,793 (base salary $358,583) [exec_comp, SEC accession 0001213900-25-113229, filed 2025-11-21]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

NUAI's next annual pay disclosure, estimated November 21, 2026.est. Filing ↗

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
E. Will Gray II$358,583$0$0$0$0$0$34,210$392,793
Chief Executive Officer
Michael Rugen240,0000000022,807262,807
Chief Financial 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
E. Will Gray II$392,793$347,138—↑ +45,655
Michael Rugen262,807132,032—↑ +130,775

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against NUAI
No companies currently name NUAI as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation program is designed to attract, retain, and motivate executive officers by aligning their interests with those of shareholders through a mix of base salary, annual cash bonuses, and long-term equity incentives.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policyfalse
Anti-hedgingfalse
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-16—————
20252025-12-16—————

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
20262026-04-16—a
20252025-12-16—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 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
E. Will Gray IIEmployee director · Board Chair—————$0
Ondrej SestakIndependent · Audit · Compensation (Chair) · Nominating/Governance——————
Charles NelsonIndependent——————
Trent YangIndependent · Audit (Chair) · Compensation · Nominating/Governance——————
Peter ("P.J.") LeeIndependent · Audit · Compensation · Nominating/Governance (Chair)——————
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$140,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)10,000 / 10,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2024
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.

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
1New ERA Energy & Digital2024E. Will Gray II$358,583$0$0$0$392,793

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.

10d

Frequently asked questions

Who was the highest-paid executive at New ERA Energy & Digital in fiscal 2024?
As disclosed, E. Will Gray II (Chief Executive Officer) was the highest-paid executive at New ERA Energy & Digital in fiscal 2024, with total compensation of $392,793.
How much does New ERA Energy & Digital spend in total on board compensation for fiscal 2024?
As disclosed, New ERA Energy & Digital reported total board compensation of $0 for fiscal 2024.

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.

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, E. Will Gray IIDEF 14A2025-11-210001213900-25-113229Section “Executive Compensation”. As printed: 392,793. Filing ↗
2Section 01, Michael RugenDEF 14A2025-11-210001213900-25-113229Section “Executive Compensation”. As printed: 262,807. Filing ↗
3Section 08, E. Will Gray IIDEF 14A2025-11-210001213900-25-113229Section “Director Compensation”. As printed: 0. Filing ↗
4Section 08, Ondrej SestakDEF 14A2025-11-210001213900-25-113229Section “Director Compensation”. As printed: —. Filing ↗
5Section 08, Charles NelsonDEF 14A2025-11-210001213900-25-113229Section “Director Compensation”. As printed: —. Filing ↗
6Section 08, Trent YangDEF 14A2025-11-210001213900-25-113229Section “Director Compensation”. As printed: —. Filing ↗
7Section 08, Peter ("P.J.") LeeDEF 14A2025-11-210001213900-25-113229Section “Director Compensation”. As printed: —. Filing ↗
8Section 06, 2026 voteForm 8-K2026-04-160001213900-26-044625Item 5.07 · say-on-pay result. As reported: —. Filing ↗
9Section 06, 2025 voteForm 8-K2025-12-220001213900-25-124523Item 5.07 · say-on-pay result. As reported: —. Filing ↗
10Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
11Section 09b board cost (computed)Computed——Cash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0
12New ERA Energy & Digital (subject), Section 10b CEO totalDEF 14A2025-11-210001213900-25-113229CEO total compensation as printed in New ERA Energy & Digital's own proxy. As printed: 392,793. Filing ↗