Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-09

Papa Johns International (PZZA)

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.

$8,442,953
Todd Penegor total, FY2025
57th
CEO pay percentile vs peers
849:1
CEO-to-median pay ratio
85.09%
Say-on-pay support, latest vote
Companies that benchmark against PZZA
10 companies name PZZA as a compensation peer

Each company listed discloses PZZA 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 PZZA 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
Todd Penegor$1,000,000$250,000$5,300,026$0$1,585,500$0$307,427$8,442,953
President and Chief Executive Officer
Ravi Thanawala677,88501,599,9840558,736014,0002,850,605
Chief Financial Officer & President, North America
Kevin Vasconi550,0000799,9920436,013014,0001,800,005
Chief Digital & Technology Officer
Caroline Miller Oyler553,2700729,9560438,604014,0001,735,830
Chief Administrative Officer, Corporate Secretary
Joseph Sieve482,4040725,0060381,947014,0001,603,357
Former Chief Restaurant & Global Development 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
Todd Penegor$8,442,953$4,816,730$7,863,666+3,626,223
Ravi Thanawala2,850,6053,902,1713,121,325−1,051,566
Kevin Vasconi1,800,005
Caroline Miller Oyler1,735,8301,990,302−254,472
Joseph Sieve1,603,3571,829,083−225,726

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

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John C. MillerDirector2026-05-11A4,494$0$0CommonForm 4 ↗
Jocelyn C. ManganDirector2026-05-11A4,49400CommonForm 4 ↗
Stephen L. GibbsDirector2026-05-11A4,49400CommonForm 4 ↗
John W. GarrattDirector2026-05-11A4,49400CommonForm 4 ↗
Christopher L. ColemanDirector2026-05-11A7,04100CommonForm 4 ↗
Laurette T. KoellnerDirector2026-05-11A4,49400CommonForm 4 ↗
Sonya E. MedinaDirector2026-05-11A4,49400CommonForm 4 ↗
Laurette T. KoellnerDirector2026-05-29A274349,374CommonForm 4 ↗
Stephen L. GibbsDirector2026-05-29A156345,337CommonForm 4 ↗
Laurette T. KoellnerDirector2026-05-29A54.68341,871CommonForm 4 ↗
John C. MillerDirector2026-05-29A159345,439CommonForm 4 ↗
Christopher L. ColemanDirector2026-05-29A3783412,931CommonForm 4 ↗
John W. GarrattDirector2026-05-29A156345,337CommonForm 4 ↗
Sonya E. MedinaDirector2026-05-29A274349,374CommonForm 4 ↗
Jocelyn C. ManganDirector2026-05-29A271349,271CommonForm 4 ↗
Caroline Miller OylerChief Administrative Officer2026-06-05D251328,012CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Caroline Miller OylerPSU2025-06-05133265530$14,965
Caroline Miller OylerRestricted Stock2025-06-052,105100,009
Joseph SieveRSA2025-03-038,134362,532
Todd PenegorPSU2025-03-0325,01450,028100,0562,649,983
Kevin VasconiPSU2025-03-033,7767,55115,102399,976
Joseph SievePSU2025-03-033,4226,84313,686362,474
Kevin VasconiRestricted Stock2025-03-038,975400,016
Caroline Miller OylerRestricted Stock2025-03-036,731300,001
Caroline Miller OylerPSU2025-03-032,8325,66311,326299,969
Ravi ThanawalaPSU2025-03-037,55115,10230,204799,953
Todd PenegorRestricted Stock2025-03-0359,4582,650,043
Ravi ThanawalaRestricted Stock2025-03-0317,950800,032
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Caroline Miller Oyler$0$314,934$0100.0%
Joseph Sieve0362,4740100.0%
Todd Penegor02,649,9830100.0%
Kevin Vasconi0399,9760100.0%
Ravi Thanawala0799,9530100.0%

% 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
Joseph SievePSU208$8,174
Ravi ThanawalaPSU1,06942,012
Todd PenegorPSU23,891938,916
Ravi ThanawalaPSU30,2041,187,017
Kevin VasconiRSU1,58262,173
Joseph SievePSU2,27089,211
Caroline Miller OylerPSU8,318326,897
Caroline Miller OylerRSU2,570101,001
Caroline Miller OylerRSU79731,322
Caroline Miller OylerPSU53020,829
Ravi ThanawalaRSU17,950705,435
Kevin VasconiRSU8,975352,718
Ravi ThanawalaPSU11,882466,967
Kevin VasconiRSU10,547414,497
Ravi ThanawalaRSU6,964273,685
Ravi ThanawalaPSU6,512255,922
Ravi ThanawalaRSU5,140202,002
Kevin VasconiPSU2,00578,797
Ravi ThanawalaRSU84433,169
Caroline Miller OylerRSU6,731264,528
Caroline Miller OylerPSU3,256127,961
Caroline Miller OylerRSU2,26288,897
Caroline Miller OylerRSU2,10582,727
Caroline Miller OylerRSU31612,419
Joseph SievePSU41316,231
Todd PenegorPSU100,0563,932,201
Todd PenegorRSU59,4582,336,699
Kevin VasconiPSU15,102593,509
Ravi ThanawalaRSU6,032237,058
Ravi ThanawalaPSU3,371132,480
Joseph SievePSU2,04280,251
Ravi ThanawalaRSU79631,283
Todd PenegorRSU18,842740,491
Caroline Miller OylerPSU11,326445,112
Caroline Miller OylerPSU3,374132,598
05

Incentive-plan design — the Compensation Discussion & Analysis

The market review is intended to provide an external framework for the range and reasonableness of compensation and to ensure we can provide competitive compensation needed to attract and retain the caliber of leadership critical to our success.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-3018,808,7613,246,15050,17285.09%Passed
20252025-05-0126,295,0751,785,456104,42593.29%Passed
20242024-05-0229,522,899153,19034,28399.37%Passed
20232023-04-2530,794,668832,97840,36797.24%Passed
20222022-04-2632,101,954485,56789,77498.24%Passed
20212021-04-2733,109,646367,621152,06998.45%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
20262026-04-3085.09%a
20252025-05-0193.29%b
20242024-05-0299.37%c

a. Approved under the standard stated in the filing — “In determining whether these proposals have received the requisite number of affirmative votes, abstentions will have the same effect as a vote against these proposals and broker non-votes will have no effect on the outcome of these proposals.”.

b. Approved under the standard stated in the filing — “In determining whether these proposals have received the requisite number of affirmative votes, abstentions will have the same effect as a vote against these proposals and broker non-votes will have no effect on the outcome of these proposals.”.

c. Approved under the standard stated in the filing — “In determining whether these proposals have received the requisite number of affirmative votes, abstentions will have the same effect as a vote against these proposals and broker non-votes will have no effect on the outcome of these proposals.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)849 : 1
CEO total compensation$8,442,953
Median employee compensation$9,947
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Christopher L. ColemanIndependent · Board Chair · Corporate Governance and Nominating (Chair)$169,500$220,028$0$0$0$389,528
John W. GarrattIndependent · Compensation (Chair) · Audit125,050135,013000260,063
Laurette T. KoellnerIndependent · Audit (Chair)125,000135,013000260,013
Sonya E. MedinaIndependent · Compensation · Corporate Governance and Nominating104,000135,013000239,013
Jocelyn C. ManganIndependent · Compensation · Corporate Governance and Nominating104,000135,013000239,013
Stephen L. GibbsIndependent · Audit100,000135,013000235,013
John C. MillerIndependent · Compensation92,000135,013000227,013
Anthony M. SanfilippoIndependent · Departed during FY16,19700016,197
Todd A. PenegorEmployee director · Partial-year service00000
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$135,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline5x annual cash retainer ($400,000)
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$835,747
Equity awards (grant-date value)$1,030,106
All other compensation$0
Total cost of the board$1,865,853

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.

10a

Peer reciprocity

Of the companies Papa Johns International 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.

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 Papa Johns International.

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
1Wingstop, Inc.2025Michael Skipworth$959,231$32,590,697$0$1,708,800$35,288,595
2Brinker International, Inc.2025Kevin Hochman991,15426,499,87902,929,61530,465,768
3Chipotle Mexican Grill, Inc.2025Scott Boatwright1,095,3857,800,0025,200,0071,155,00015,455,736
4Restaurant Brands International Inc.2025Joshua Kobza950,00012,317,91201,869,27615,159,780
5Texas Roadhouse, Inc.2025Gerald Morgan1,356,5388,410,9280909,41310,822,133
6Domino's Pizza, Inc.2025Russell Weiner925,0005,803,3941,812,5111,850,00010,696,081
7Papa Johns International2025Todd Penegor1,000,0005,300,02601,585,5008,442,953
8The Cheesecake Factory, Inc.2025David Overton1,030,0005,902,12401,445,6058,419,852
9Shake Shack, Inc.2025Robert Lynch1,000,0005,000,16101,011,7507,210,818
10Bloomin' Brands2025Michael Spanos1,000,0003,333,33701,155,0005,495,861
11Dine Brands Global, Inc.2025John Peyton1,000,0002,213,57702,158,5005,417,315
12Denny's Corp.2023Kelli Valade905,9623,769,0670615,1485,363,088
13Jack in the Box Inc.2025Lance Tucker624,0383,636,0950310,5215,271,591
14The Wendy's Company2025Kirk Tanner559,7264,019,990004,590,665
15Krispy Kreme, Inc.2025Joshua Charlesworth1,000,0002,124,677553,00003,693,795

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
Papa Johns International105.7%RSU 50 · PSU 50NoMeridian Compensation Partners
Bloomin' Brands66%PSU 67 · RSU 33NoFW Cook
Brinker International, Inc.200%PSU 60 · RSU 40NoPearl Meyer & Partners
Chipotle Mexican Grill, Inc.53%PSU 60 · Options 20 · RSU 20NoMeridian Compensation Partners, LLC
Denny's Corp.68.0%PSU 50 · RSU 50YesFW Cook
Dine Brands Global, Inc.91.96%Cash LTI 75 · RSU 25NoExequity LLP
Domino's Pizza, Inc.100.0%PSU 55 · Options 25 · RSU 20NoMeridian Compensation Partners, LLC
Jack in the Box Inc.47.6%PSU 50 · RSU 50NoMeridian Compensation Partners
Krispy Kreme, Inc.0%PSU 50 · RSU 50NoFW Cook
Restaurant Brands International Inc.98%not disclosedYes — Relative TSR vs S&P 500Frederic W. Cook & Co., Inc.
Shake Shack, Inc.67.5%PSU 60 · RSU 40NoPearl Meyer & Partners
Texas Roadhouse, Inc.65%RSU 50 · PSU 50NoFW Cook
The Cheesecake Factory, Inc.100.25%PSU 50 · RSU 50NoFW Cook
The Wendy's Company39.6%PSU 60 · Options 25 · RSU 15NoFW Cook
Wingstop, Inc.142%PSU 60 · RSU 40NoFW Cook

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, Todd PenegorDEF 14A2026-03-260001628280-26-021204Section “SUMMARY COMPENSATION TABLE” · page 41. As printed: 8,442,953. Filing ↗machine: r4 · c27 · span 841964–841973
2Section 01, Ravi ThanawalaDEF 14A2026-03-260001628280-26-021204Section “SUMMARY COMPENSATION TABLE” · page 41. As printed: 2,850,605. Filing ↗machine: r6 · c27 · span 848178–848187
3Section 01, Kevin VasconiDEF 14A2026-03-260001628280-26-021204Section “SUMMARY COMPENSATION TABLE” · page 41. As printed: 1,800,005. Filing ↗machine: r9 · c27 · span 856827–856836
4Section 01, Caroline Miller OylerDEF 14A2026-03-260001628280-26-021204Section “SUMMARY COMPENSATION TABLE” · page 41. As printed: 1,735,830. Filing ↗machine: t136 · r11 · c16 · span 862996–863005
5Section 01, Joseph SieveDEF 14A2026-03-260001628280-26-021204Section “SUMMARY COMPENSATION TABLE” · page 41. As printed: 1,603,357. Filing ↗machine: r14 · c27 · span 871693–871702
6Section 03, Caroline Miller Oyler PSUDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r42 · c9 · span 1080758–1080761
7Section 03, Caroline Miller Oyler Restricted StockDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r37 · c5 · span 1068924–1068929
8Section 03, Joseph Sieve RSADEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
9Section 03, Todd Penegor PSUDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r12 · c9 · span 1011714–1011721
10Section 03, Kevin Vasconi PSUDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r28 · c9 · span 1049891–1049897
11Section 03, Joseph Sieve PSUDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Kevin Vasconi Restricted StockDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r25 · c6 · span 1041426–1041431
13Section 03, Caroline Miller Oyler Restricted StockDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r38 · c5 · span 1071186–1071191
14Section 03, Caroline Miller Oyler PSUDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r43 · c9 · span 1083017–1083023
15Section 03, Ravi Thanawala PSUDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r20 · c9 · span 1030238–1030244
16Section 03, Todd Penegor Restricted StockDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r9 · c6 · span 1002637–1002643
17Section 03, Ravi Thanawala Restricted StockDEF 14A2026-03-260001628280-26-021204Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t148 · r14 · c6 · span 1016144–1016150
18Section 07, pay ratioDEF 14A2026-03-260001628280-26-021204Section “CEO Pay Ratio”. As printed: 849 : 1. Filing ↗machine: span 1316160–1316168
19Section 08, Christopher L. ColemanDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 389,528. Filing ↗machine: t178 · r4 · c7 · span 1341539–1341546
20Section 08, John W. GarrattDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 260,063. Filing ↗machine: t178 · r5 · c7 · span 1343280–1343287
21Section 08, Laurette T. KoellnerDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 260,013. Filing ↗machine: t178 · r7 · c7 · span 1346644–1346651
22Section 08, Sonya E. MedinaDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 239,013. Filing ↗machine: t178 · r9 · c7 · span 1350004–1350011
23Section 08, Jocelyn C. ManganDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 239,013. Filing ↗machine: t178 · r8 · c7 · span 1348325–1348332
24Section 08, Stephen L. GibbsDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 235,013. Filing ↗machine: t178 · r6 · c7 · span 1344960–1344967
25Section 08, John C. MillerDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 227,013. Filing ↗machine: t178 · r10 · c7 · span 1351681–1351688
26Section 08, Anthony M. SanfilippoDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 16,197. Filing ↗machine: t178 · r11 · c1 · span 1352607–1352613
27Section 08, Todd A. PenegorDEF 14A2026-03-260001628280-26-021204Section “Director Compensation”. As printed: 0. Filing ↗
28Section 02, John C. Miller 2026-05-11Form 42026-05-130001225208-26-005192Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Jocelyn C. Mangan 2026-05-11Form 42026-05-130001225208-26-005190Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Stephen L. Gibbs 2026-05-11Form 42026-05-130001225208-26-005188Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, John W. Garratt 2026-05-11Form 42026-05-130001225208-26-005187Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Christopher L. Coleman 2026-05-11Form 42026-05-130001225208-26-005186Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Laurette T. Koellner 2026-05-11Form 42026-05-130001225208-26-005189Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Sonya E. Medina 2026-05-11Form 42026-05-130001225208-26-005191Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Laurette T. Koellner 2026-05-29Form 42026-06-010001225208-26-005674Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Stephen L. Gibbs 2026-05-29Form 42026-06-010001225208-26-005673Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Laurette T. Koellner 2026-05-29Form 42026-06-010001225208-26-005674Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, John C. Miller 2026-05-29Form 42026-06-010001225208-26-005677Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Christopher L. Coleman 2026-05-29Form 42026-06-010001225208-26-005671Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, John W. Garratt 2026-05-29Form 42026-06-010001225208-26-005672Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Sonya E. Medina 2026-05-29Form 42026-06-010001225208-26-005676Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Jocelyn C. Mangan 2026-05-29Form 42026-06-010001225208-26-005675Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Caroline Miller Oyler 2026-06-05Form 42026-06-090001225208-26-005891Insider equity transaction reported since the proxy statement. Filing ↗
44Section 06, 2026 voteForm 8-K2026-05-060001628280-26-030804Item 5.07 · say-on-pay result. As reported: 85.09% (votes for as printed: 18,808,761). Filing ↗
45Section 06, 2025 voteForm 8-K2025-05-010001628280-25-021511Item 5.07 · say-on-pay result. As reported: 93.29% (votes for as printed: 26,295,075). Filing ↗
46Section 06, 2024 voteForm 8-K2024-05-060001628280-24-020709Item 5.07 · say-on-pay result. As reported: 99.37% (votes for as printed: 29,522,899). Filing ↗
47Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
48Section 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
49Section 09b board cost (computed)ComputedcomputedCash 835,747 + equity 1,030,106 + all other 0 = 1,865,853, summed across the director compensation table rows.machine: formula: Σ = 1,865,853
50Wingstop, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140360CEO total compensation as printed in Wingstop, Inc.'s own proxy. As printed: 35,288,595. Filing ↗machine: t256 · r4 · c39 · span 885907–885917
51Brinker International, Inc., Section 10b CEO totalDEF 14A2025-10-030001193125-25-230105CEO total compensation as printed in Brinker International, Inc.'s own proxy. As printed: 30,465,768. Filing ↗machine: r2 · c39 · span 618636–618646
52Chipotle Mexican Grill, Inc., Section 10b CEO totalDEF 14A2026-04-280001140361-26-017294CEO total compensation as printed in Chipotle Mexican Grill, Inc.'s own proxy. As printed: 15,455,736. Filing ↗machine: r2 · c22 · span 1337747–1337758
53Restaurant Brands International Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-171760CEO total compensation as printed in Restaurant Brands International Inc.'s own proxy. As printed: 15,159,780. Filing ↗machine: r3 · c33 · span 809623–809633
54Texas Roadhouse, Inc., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041771CEO total compensation as printed in Texas Roadhouse, Inc.'s own proxy. As printed: 10,822,133. Filing ↗machine: t125 · r3 · c14 · span 1328962–1328972
55Domino's Pizza, Inc., Section 10b CEO totalDEF 14A2026-03-100001286681-26-000012CEO total compensation as printed in Domino's Pizza, Inc.'s own proxy. As printed: 10,696,081. Filing ↗machine: t96 · r2 · c18 · span 1510987–1510997
56Papa Johns International (subject), Section 10b CEO totalDEF 14A2026-03-260001628280-26-021204CEO total compensation as printed in Papa Johns International's own proxy. As printed: 8,442,953. Filing ↗machine: r4 · c27 · span 841964–841973
57The Cheesecake Factory, Inc., Section 10b CEO totalDEF 14A2026-04-100001104659-26-042016CEO total compensation as printed in The Cheesecake Factory, Inc.'s own proxy. As printed: 8,419,852. Filing ↗machine: r1 · c64 · span 783270–783279
58Shake 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
59Bloomin' Brands, Section 10b CEO totalDEF 14A2026-03-030001546417-26-000015CEO total compensation as printed in Bloomin' Brands's own proxy. As printed: 5,495,861. Filing ↗machine: span 923483–923492
60Dine Brands Global, Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127555CEO total compensation as printed in Dine Brands Global, Inc.'s own proxy. As printed: 5,417,315. Filing ↗machine: r4 · c31 · span 603550–603559
61Denny's Corp., Section 10b CEO totalDEF 14A0001193125-24-086559CEO total compensation as printed in Denny's Corp.'s own proxy. As printed: 5,363,088. Filing ↗machine: t156 · r3 · c27 · span 605566–605575
62Jack in the Box Inc., Section 10b CEO totalDEF 14A2026-01-210000807882-26-000009CEO total compensation as printed in Jack in the Box Inc.'s own proxy. As printed: 5,271,591. Filing ↗machine: span 1019487–1019496
63The Wendy's Company, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140220CEO total compensation as printed in The Wendy's Company's own proxy. As printed: 4,590,665. Filing ↗machine: t191 · r15 · c39 · span 1049351–1049360
64Krispy Kreme, Inc., Section 10b CEO totalDEF 14A2026-04-270001193125-26-182138CEO total compensation as printed in Krispy Kreme, Inc.'s own proxy. As printed: 3,693,795. Filing ↗machine: t135 · r3 · c39 · span 743100–743109
65Section 10a, Bloomin' Brands reciprocityDEF 14A0001546417-26-000015Bloomin' Brands's most recent proxy was read; its disclosed peer group does not include Papa Johns International. Filing ↗
66Section 10a, Chipotle Mexican Grill, Inc. reciprocityDEF 14A0001140361-26-017294Chipotle Mexican Grill, Inc.'s most recent proxy was read; its disclosed peer group does not include Papa Johns International. Filing ↗
67Section 10a, Krispy Kreme, Inc. reciprocityDEF 14A0001193125-26-182138Krispy Kreme, Inc.'s most recent proxy was read; its disclosed peer group does not include Papa Johns International. Filing ↗
68Section 10a, Shake Shack, Inc. reciprocityDEF 14A0001104659-26-051572Shake Shack, Inc.'s most recent proxy was read; its disclosed peer group does not include Papa Johns International. Filing ↗
69Section 10a, The Wendy's Company reciprocityDEF 14A0001193125-26-140220The Wendy's Company names Papa Johns International in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, Dine Brands Global, Inc. reciprocityDEF 14A0001193125-26-127555Dine Brands Global, Inc. names Papa Johns International in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, Brinker International, Inc. reciprocityDEF 14A0001193125-25-230105Brinker International, Inc.'s most recent proxy was read; its disclosed peer group does not include Papa Johns International. Filing ↗
72Section 10a, Domino's Pizza, Inc. reciprocityDEF 14A0001286681-26-000012Domino's Pizza, Inc. names Papa Johns International in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Restaurant Brands International Inc. reciprocityDEF 14A0001193125-26-171760Restaurant Brands International Inc.'s most recent proxy was read; its disclosed peer group does not include Papa Johns International. Filing ↗
74Section 10a, Texas Roadhouse, Inc. reciprocityDEF 14A0001104659-26-041771Texas Roadhouse, Inc. names Papa Johns International in its own disclosed peer group (read from its most recent proxy). Filing ↗
75Section 10a, Wingstop, Inc. reciprocityDEF 14A0001193125-26-140360Wingstop, Inc. names Papa Johns International in its own disclosed peer group (read from its most recent proxy). Filing ↗