Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-02

Smith Midland (SMID)

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.

$628,280
Ashley Smith total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
99.56%
Say-on-pay support, latest vote
Companies that benchmark against SMID
No companies currently name SMID as a compensation peer in their most recent disclosure.

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

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ashley Smith$479,148$135,769$0$0$0$0$13,363$628,280
Chief Executive Officer and President
Dominic Hunter187,465000000187,465
Chief Financial Officer, Secretary, and Treasurer

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
Ashley Smith$628,280
Dominic Hunter187,465

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Dominic HunterRSU1$399,000
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-08-013,045,52113,3626,83299.56%Passed
20222022-06-011,420,95611,97519,15499.16%Passed
20192019-08-131,560,682685,0478,23469.5%Passed
20162016-08-15948,000228,562690,69480.57%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
20252025-08-0199.56%a
20222022-06-0199.16%b
20192019-08-1369.5%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.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
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
1Smith Midland2025Ashley Smith$479,148$0$0$0$628,280

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, Ashley SmithDEF 14A2026-06-020001654954-26-005625Section “Executive Compensation”. As printed: 628,280. Filing ↗
2Section 01, Dominic HunterDEF 14A2026-06-020001654954-26-005625Section “Executive Compensation”. As printed: 187,465. Filing ↗
3Section 07, pay ratio10-K2026-04-140001654954-26-003505Section “CEO Pay Ratio”. As printed: —. Filing ↗
4Section 06, 2025 voteForm 8-K2025-08-060001654954-25-009134Item 5.07 · say-on-pay result. As reported: 99.56% (votes for as printed: 3,045,521). Filing ↗
5Section 06, 2022 voteForm 8-K2022-06-030001654954-22-007900Item 5.07 · say-on-pay result. As reported: 99.16% (votes for as printed: 1,420,956). Filing ↗
6Section 06, 2019 voteForm 8-K2019-08-140001654954-19-009609Item 5.07 · say-on-pay result. As reported: 69.5% (votes for as printed: 1,560,682). Filing ↗
7Smith Midland (subject), Section 10b CEO totalDEF 14A2026-06-020001654954-26-005625CEO total compensation as printed in Smith Midland's own proxy. As printed: 628,280. Filing ↗