Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-09-12

Old Market Capital (OMCC)

Fiscal year 2024 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.

$359,038
Irina Nashtatik total, FY2024
Former Chief Financial Officerhighest-paid officer; CEO Jeffrey Royal: $61,000
CEO (Jeffrey Royal) pay percentile vs peers
CEO-to-median pay ratio
99.93%
Say-on-pay support, latest vote
Companies that benchmark against OMCC
1 company names OMCC as a compensation peer

Each company listed discloses OMCC 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 OMCC 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 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Irina Nashtatik$227,920$100,000$0$0$0$0$31,118$359,038
Former Chief Financial Officer
Michael Rost250,75225,000000031,118306,870
Former Chief Executive Officer
Charles Krebs141,03830,00020,0000010,921201,959
Chief Financial Officer
Mark Radabaugh157,5188,4610000165,979
President of Amplex Electric, Inc.
Jeffrey Royal00000061,00061,000
Chief Executive 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 FY20232024
Irina Nashtatik$359,038
Michael Rost306,870
Charles Krebs201,959
Mark Radabaugh165,979
Jeffrey Royal61,000

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 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Charles KrebsOTHER$20,000
Jeffrey RoyalOTHER202,000
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

05

Incentive-plan design — the Compensation Discussion & Analysis

provide an opportunity for total compensation that is competitive and sufficient to attract and retain executives and is reflective of our overall executive compensation philosophy which is designed to: help attract and retain the most qualified individuals by being competitive with compensation paid to persons having similar responsibilities and duties in other companies in the same and closely related businesses; relate to the value created for stockholders by being directly tied to the financial performance of the Company and the particular executive officer's contribution to such performance

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantnot disclosed
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-09-085,227,4063,65925,88499.93%Passed
20242024-09-274,451,995127,5107,26697.22%Passed
20232023-08-244,625,5154,6965,95199.9%Passed
20222022-08-304,539,89080180,86699.98%Passed
20212021-09-024,628,2788,07492799.83%Passed
20202020-08-274,657,80470,3618,02598.51%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
20252025-09-0899.93%a
20242024-09-2797.22%b
20232023-08-2499.9%c

a. Approved under the standard stated in the filing — “Abstentions will count as votes "against" this proposal and broker non-votes will not be counted for purposes of determining whether a majority of shares has been voted in favor of this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will count as votes "against" this proposal and broker non-votes will not be counted for purposes of determining whether a majority of shares has been voted in favor of this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted for purposes of determining whether a majority of votes has been cast in favor of this proposal.”.

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
Jeremy Q. ZhuIndependent · Nominating/Corporate Governance (Chair) · Compensation · Audit$27,500$47,500$0$0$0$75,000
Mark R. HutchinsIndependent · Audit (Chair) · Nominating/Corporate Governance27,50047,50000075,000
Adam K. PetersonIndependent27,50047,50000075,000
Jeffrey RoyalEmployee director · Board Chair27,50047,5000075,000
Brendan J. KeatingIndependent · Compensation (Chair) · Audit27,50047,50000075,000
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$20,000
Per board meeting fee$1,000
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$137,500
Equity awards (grant-date value)$237,500
All other compensation$0
Total cost of the board$375,000

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
1Old Market Capital2024Jeffrey Royal$0$0$0$0$61,000

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.

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, Irina NashtatikDEF 14A2025-07-290000950170-25-099736Section “Summary Compensation Table”. As printed: 359,038. Filing ↗machine: r15 · c29 · span 448494–448501
2Section 01, Michael RostDEF 14A2025-07-290000950170-25-099736Section “Summary Compensation Table”. As printed: 306,870. Filing ↗machine: r6 · c29 · span 366214–366221
3Section 01, Charles KrebsDEF 14A2025-07-290000950170-25-099736Section “Summary Compensation Table”. As printed: 201,959. Filing ↗machine: t10 · r8 · c29 · span 395178–395185
4Section 01, Mark RadabaughDEF 14A2025-07-290000950170-25-099736Section “Summary Compensation Table”. As printed: 165,979. Filing ↗machine: t10 · r11 · c29 · span 421828–421835
5Section 01, Jeffrey RoyalDEF 14A2025-07-290000950170-25-099736Section “Summary Compensation Table”. As printed: 61,000. Filing ↗machine: r3 · c29 · span 337276–337283
6Section 03, Charles Krebs OTHERDEF 14A2025-07-290000950170-25-099736Section “EXECUTIVE OFFICERS AND COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t10 · r8 · c13 · span 389886–389892
7Section 03, Jeffrey Royal OTHERDEF 14A2025-07-290000950170-25-099736Section “EXECUTIVE OFFICERS AND COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t10 · r2 · c13 · span 331983–331990
8Section 08, Jeremy Q. ZhuDEF 14A2025-07-290000950170-25-099736Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t11 · r2 · c15 · span 524112–524118
9Section 08, Mark R. HutchinsDEF 14A2025-07-290000950170-25-099736Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t11 · r4 · c15 · span 535650–535656
10Section 08, Adam K. PetersonDEF 14A2025-07-290000950170-25-099736Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t11 · r3 · c15 · span 529881–529887
11Section 08, Jeffrey RoyalDEF 14A2025-07-290000950170-25-099736Section “Director Compensation”. As printed: 75,000. Filing ↗
12Section 08, Brendan J. KeatingDEF 14A2025-07-290000950170-25-099736Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t11 · r5 · c15 · span 541421–541427
13Section 06, 2025 voteForm 8-K2025-09-120001193125-25-201492Item 5.07 · say-on-pay result. As reported: 99.93% (votes for as printed: 5,227,406). Filing ↗
14Section 06, 2024 voteForm 8-K2024-09-270000950170-24-109986Item 5.07 · say-on-pay result. As reported: 97.22% (votes for as printed: 4,451,995). Filing ↗
15Section 06, 2023 voteForm 8-K2023-08-290000950170-23-044979Item 5.07 · say-on-pay result. As reported: 99.9% (votes for as printed: 4,625,515). Filing ↗
16Section 09b board cost (computed)ComputedcomputedCash 137,500 + equity 237,500 + all other 0 = 375,000, summed across the director compensation table rows.machine: formula: Σ = 375,000
17Old Market Capital (subject), Section 10b CEO totalDEF 14A2025-07-290000950170-25-099736CEO total compensation as printed in Old Market Capital's own proxy. As printed: 61,000. Filing ↗machine: r3 · c29 · span 337276–337283