Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-03-23

ReposiTrak (TRAK)

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.

$1,853,310
Randall Fields total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
99.36%
Say-on-pay support, latest vote
Companies that benchmark against TRAK
1 company names TRAK as a compensation peer

Each company listed discloses TRAK 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 TRAK 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
Randall Fields$1,118,031$500,000$0$0$0$0$235,279$1,853,310
Chief Executive Officer and Chairman of the Board
John Merrill275,000137,50048,2000000460,700
Chief Financial Officer
Edward Clissold225,000000000225,000
General Counsel and Corporate Secretary

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
Randall Fields$1,853,310$1,759,811+93,499
John Merrill460,700460,700+0
Edward Clissold225,000225,000+0

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
Randall K. FieldsDirector2025-10-07D7,500$15$112,283CommonForm 4 ↗
Randall K. FieldsDirector2025-10-13D1,5001522,107CommonForm 4 ↗
Randall K. FieldsDirector2025-10-13D1,6401423,653CommonForm 4 ↗
Randall K. FieldsDirector2025-10-13D4,3601462,883CommonForm 4 ↗
Randall K. FieldsDirector2025-10-20D7,50015116,003CommonForm 4 ↗
Randall K. FieldsDirector2025-10-28D1,0001515,177CommonForm 4 ↗
Randall K. FieldsDirector2025-10-28D3,8001558,059CommonForm 4 ↗
Randall K. FieldsDirector2025-10-28D2,7001540,494CommonForm 4 ↗
Randall K. FieldsDirector2025-11-03D7,50015112,595CommonForm 4 ↗
Robert W. AllenDirector2025-11-05A1,265CommonForm 4 ↗
Randall K. FieldsDirector2025-11-10D5,9001588,646CommonForm 4 ↗
Randall K. FieldsDirector2025-11-10D1,6001524,052CommonForm 4 ↗
Randall K. FieldsDirector2025-11-17D2,0001326,932CommonForm 4 ↗
Randall K. FieldsDirector2025-11-17D4,5001463,049CommonForm 4 ↗
Randall K. FieldsDirector2025-11-17D1,0001514,807CommonForm 4 ↗
Randall K. FieldsDirector2025-11-24A200,00000CommonForm 4 ↗
Randall K. FieldsDirector2025-11-24D6,5001385,664CommonForm 4 ↗
Randall K. FieldsDirector2025-11-24D1,0001313,117CommonForm 4 ↗
Randall K. FieldsDirector2025-11-24D200,00000CommonForm 4 ↗
Randall K. FieldsDirector2025-12-01D1,0471313,616CommonForm 4 ↗
Randall K. FieldsDirector2025-12-01D2,0001326,767CommonForm 4 ↗
Randall K. FieldsDirector2025-12-03D4,4531359,680CommonForm 4 ↗
Randall K. FieldsDirector2025-12-03D2,5001434,091CommonForm 4 ↗
Randall K. FieldsDirector2025-12-03D2,0001427,398CommonForm 4 ↗
Randall K. FieldsDirector2025-12-03D3,0001441,164CommonForm 4 ↗
Randall K. FieldsDirector2025-12-16D7,5001399,733CommonForm 4 ↗
Randall K. FieldsDirector2025-12-22D3,0001340,106CommonForm 4 ↗
Ronald C. HodgeDirector2025-12-22D1,6411321,658CommonForm 4 ↗
Ronald C. HodgeDirector2025-12-22D18,90613248,879CommonForm 4 ↗
Randall K. FieldsDirector2025-12-22D4,5001359,678CommonForm 4 ↗
Ronald C. HodgeDirector2025-12-22A1,265CommonForm 4 ↗
Randall K. FieldsDirector2025-12-31D60,41111646,398CommonForm 4 ↗
Randall K. FieldsDirector2025-12-31D1,4021115,001CommonForm 4 ↗
Robert W. AllenDirector2025-12-31D8,2801188,596CommonForm 4 ↗
Randall K. FieldsDirector2025-12-31D2,5001229,310CommonForm 4 ↗
Randall K. FieldsDirector2025-12-31D7,5001292,587CommonForm 4 ↗
Randall K. FieldsDirector2025-12-31D5,0001261,343CommonForm 4 ↗
Randall K. FieldsDirector2026-01-14D2,9001131,451CommonForm 4 ↗
Randall K. FieldsDirector2026-01-14D3,6001139,883CommonForm 4 ↗
Randall K. FieldsDirector2026-01-14D1,0001111,094CommonForm 4 ↗
Randall K. FieldsDirector2026-01-20D2,5001127,424CommonForm 4 ↗
Randall K. FieldsDirector2026-01-20D5,0001154,553CommonForm 4 ↗
Randall K. FieldsDirector2026-01-26D7,5001183,057CommonForm 4 ↗
Randall K. FieldsDirector2026-02-02D5,0001052,349CommonForm 4 ↗
Randall K. FieldsDirector2026-02-02D2,5001127,515CommonForm 4 ↗
Randall K. FieldsDirector2026-02-09D4,5001147,788CommonForm 4 ↗
Randall K. FieldsDirector2026-02-09D3,0001031,426CommonForm 4 ↗
Randall K. FieldsDirector2026-02-19D4,500940,793CommonForm 4 ↗
Randall K. FieldsDirector2026-02-19D3,000926,471CommonForm 4 ↗
Randall K. FieldsDirector2026-02-24D2,200918,706CommonForm 4 ↗
Randall K. FieldsDirector2026-02-24D5,300844,186CommonForm 4 ↗
Randall K. FieldsDirector2026-03-02D2,500921,375CommonForm 4 ↗
Randall K. FieldsDirector2026-03-02D2,500921,546CommonForm 4 ↗
Randall K. FieldsDirector2026-03-02D2,500921,875CommonForm 4 ↗
Randall K. FieldsDirector2026-03-09D3,500929,964CommonForm 4 ↗
Randall K. FieldsDirector2026-03-12D4,000832,240CommonForm 4 ↗
Randall K. FieldsDirector2026-03-16D1,428811,493CommonForm 4 ↗
Randall K. FieldsDirector2026-03-16D6,072848,859CommonForm 4 ↗
Randall K. FieldsDirector2026-03-23D7,500860,447CommonForm 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
John MerrillRSA$48,200
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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Randall FieldsRSU776,744$15,263,020
John MerrillRSU20,000393,000
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation programs are designed to attract, motivate, and retain our executive officers, who are critical to our success. Under these programs, our Named Executive Officers are rewarded for the achievement of our near- and longer-term financial and strategic goals, and for driving corporate financial performance and stability. The programs contain elements of cash and equity-based compensation and are designed to align the interests of our executives with those of our stockholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-11-199,385,68560,891127,04499.36%Passed
20252025-11-199,385,68560,891127,04499.36%Passed
20222022-11-1714,104,352530,01116,62996.38%Passed
20192019-11-118,111,58140,92021,26599.5%Passed
20162016-10-2613,004,675734,94113,95994.65%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
20252025-11-1999.36%a
20252025-11-1999.36%b
20222022-11-1796.38%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on this Proposal No.”.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “If you do not give your broker or nominee specific instructions regarding such matters, your proxy will be deemed a "broker non-vote." Under Nevada law, abstentions and broker non-votes are not counted as votes cast on an item and therefore will not affect the outcome of any proposal presented in this proxy statement, although they are counted for purposes of determining whether there is a quorum present at the Annual Meeting.”.

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
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert W. AllenIndependent · Audit · Compensation (Chair)$75,000$0$0$0$75,000
Peter J. LarkinIndependent · Audit · Nominating and Corporate Governance (Chair)75,00000075,000
Ronald C. HodgeIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance75,00000075,000
Randall K. FieldsEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$225,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$225,000

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
1ReposiTrak2025Randall Fields$1,118,031$0$0$0$1,853,310

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, Randall FieldsDEF 14A2025-10-020001437749-25-030353Section “Summary Compensation Table”. As printed: 1,853,310. Filing ↗machine: span 147859–147868
2Section 01, John MerrillDEF 14A2025-10-020001437749-25-030353Section “Summary Compensation Table”. As printed: 460,700. Filing ↗machine: r4 · c21 · span 157840–157847
3Section 01, Edward ClissoldDEF 14A2025-10-020001437749-25-030353Section “Summary Compensation Table”. As printed: 225,000. Filing ↗machine: r7 · c21 · span 165215–165222
4Section 03, John Merrill RSADEF 14A2025-10-020001437749-25-030353Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t12 · r4 · c13 · span 156844–156850
5Section 07, pay ratio10-K2025-09-290001437749-25-030050Section “CEO Pay Ratio”. As printed: —. Filing ↗
6Section 08, Robert W. AllenDEF 14A2025-10-020001437749-25-030353Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t8 · r1 · c3 · span 97151–97157
7Section 08, Peter J. LarkinDEF 14A2025-10-020001437749-25-030353Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t8 · r3 · c3 · span 100989–100995
8Section 08, Ronald C. HodgeDEF 14A2025-10-020001437749-25-030353Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t8 · r2 · c3 · span 99070–99076
9Section 08, Randall K. FieldsDEF 14A2025-10-020001437749-25-030353Section “Director Compensation”. As printed: 0. Filing ↗
10Section 02, Randall K. Fields 2025-10-07Form 42025-10-070001143335-25-000010Insider equity transaction reported since the proxy statement. Filing ↗
11Section 02, Randall K. Fields 2025-10-13Form 42025-10-160001143335-25-000012Insider equity transaction reported since the proxy statement. Filing ↗
12Section 02, Randall K. Fields 2025-10-13Form 42025-10-160001143335-25-000012Insider equity transaction reported since the proxy statement. Filing ↗
13Section 02, Randall K. Fields 2025-10-13Form 42025-10-160001143335-25-000012Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, Randall K. Fields 2025-10-20Form 42025-10-210001143335-25-000013Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Randall K. Fields 2025-10-28Form 42025-10-300001143335-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Randall K. Fields 2025-10-28Form 42025-10-300001143335-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Randall K. Fields 2025-10-28Form 42025-10-300001143335-25-000015Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Randall K. Fields 2025-11-03Form 42025-11-040001143335-25-000017Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Robert W. Allen 2025-11-05Form 42025-12-290001027190-25-000003Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Randall K. Fields 2025-11-10Form 42025-11-120001143335-25-000018Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Randall K. Fields 2025-11-10Form 42025-11-120001143335-25-000018Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Randall K. Fields 2025-11-17Form 42025-11-210001143335-25-000020Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Randall K. Fields 2025-11-17Form 42025-11-210001143335-25-000020Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Randall K. Fields 2025-11-17Form 42025-11-210001143335-25-000020Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Randall K. Fields 2025-11-24Form 42025-11-250001143335-25-000022Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Randall K. Fields 2025-11-24Form 42025-11-250001143335-25-000022Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Randall K. Fields 2025-11-24Form 42025-11-250001143335-25-000022Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Randall K. Fields 2025-11-24Form 42025-11-250001143335-25-000022Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Randall K. Fields 2025-12-01Form 42025-12-030001143335-25-000024Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Randall K. Fields 2025-12-01Form 42025-12-030001143335-25-000024Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Randall K. Fields 2025-12-03Form 42025-12-100001143335-25-000026Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Randall K. Fields 2025-12-03Form 42025-12-100001143335-25-000026Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Randall K. Fields 2025-12-03Form 42025-12-100001143335-25-000026Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Randall K. Fields 2025-12-03Form 42025-12-100001143335-25-000026Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Randall K. Fields 2025-12-16Form 42025-12-170001143335-25-000028Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Randall K. Fields 2025-12-22Form 42025-12-230001143335-25-000029Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Ronald C. Hodge 2025-12-22Form 42025-12-290001013944-25-000004Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Ronald C. Hodge 2025-12-22Form 42025-12-290001013944-25-000004Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Randall K. Fields 2025-12-22Form 42025-12-230001143335-25-000029Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Ronald C. Hodge 2025-12-22Form 42025-12-290001013944-25-000004Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Randall K. Fields 2025-12-31Form 42026-01-070001143335-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Randall K. Fields 2025-12-31Form 42026-01-070001143335-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Robert W. Allen 2025-12-31Form 42026-01-070001027190-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Randall K. Fields 2025-12-31Form 42026-01-070001143335-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Randall K. Fields 2025-12-31Form 42026-01-020001143335-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Randall K. Fields 2025-12-31Form 42026-01-070001143335-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Randall K. Fields 2026-01-14Form 42026-01-160001143335-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Randall K. Fields 2026-01-14Form 42026-01-160001143335-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Randall K. Fields 2026-01-14Form 42026-01-160001143335-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Randall K. Fields 2026-01-20Form 42026-01-220001143335-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Randall K. Fields 2026-01-20Form 42026-01-220001143335-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Randall K. Fields 2026-01-26Form 42026-01-270001143335-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Randall K. Fields 2026-02-02Form 42026-02-040001143335-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Randall K. Fields 2026-02-02Form 42026-02-040001143335-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Randall K. Fields 2026-02-09Form 42026-02-100001143335-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Randall K. Fields 2026-02-09Form 42026-02-100001143335-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Randall K. Fields 2026-02-19Form 42026-02-200001143335-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Randall K. Fields 2026-02-19Form 42026-02-200001143335-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Randall K. Fields 2026-02-24Form 42026-02-260001143335-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Randall K. Fields 2026-02-24Form 42026-02-260001143335-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Randall K. Fields 2026-03-02Form 42026-03-040001143335-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Randall K. Fields 2026-03-02Form 42026-03-040001143335-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Randall K. Fields 2026-03-02Form 42026-03-040001143335-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Randall K. Fields 2026-03-09Form 42026-03-110001143335-26-000017Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Randall K. Fields 2026-03-12Form 42026-03-160001143335-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Randall K. Fields 2026-03-16Form 42026-03-180001143335-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Randall K. Fields 2026-03-16Form 42026-03-180001143335-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Randall K. Fields 2026-03-23Form 42026-03-230001143335-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
69Section 06, 2025 voteForm 8-K2025-11-200001437749-25-035832Item 5.07 · say-on-pay result. As reported: 99.36% (votes for as printed: 127,044). Filing ↗machine: span 3954–3961
70Section 06, 2025 voteForm 8-K2025-11-200001437749-25-035832Item 5.07 · say-on-pay result. As reported: 99.36% (votes for as printed: 127,044). Filing ↗machine: span 3954–3961
71Section 06, 2022 voteForm 8-K2022-11-170001851734-22-000689Item 5.07 · say-on-pay result. As reported: 96.38% (votes for as printed: 14,104,352). Filing ↗machine: span 27891–31403
72Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
73Section 09b board cost (computed)ComputedcomputedCash 225,000 + equity 0 + all other 0 = 225,000, summed across the director compensation table rows.machine: formula: Σ = 225,000
74ReposiTrak (subject), Section 10b CEO totalDEF 14A2025-10-020001437749-25-030353CEO total compensation as printed in ReposiTrak's own proxy. As printed: 1,853,310. Filing ↗machine: span 147859–147868