Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-12-18

Tron Inc (TRON)

CEO Richard Miller was paid $226,979 in fiscal year 2024, ↓ down 9.2% from fiscal year 2023 (SEC filing 0001493152-25-025216 ↗): 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.

$226,979 ↓
Richard Miller total, FY2024
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
99.36%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Richard Miller (Chief Executive Officer), FY2024 total compensation $226,979 (base salary $201,979) [exec_comp, SEC accession 0001493152-25-025216, filed 2025-11-26]

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TRON's next annual pay disclosure, estimated November 26, 2026.est. Filing ↗

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Richard Miller$201,979$0$0$0$0$0$25,000$226,979
Chief Executive Officer
Douglas McKinnon181,5000000025,000206,500
Chief Financial Officer
Taft Flitner103,00080,38200000183,382
President

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
Richard Miller$226,979$250,000—↓ −23,021
Douglas McKinnon206,50099,375—↑ +107,125
Taft Flitner183,382168,617—↑ +14,765

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 TRON
No companies currently name TRON as a compensation peer in their most recent disclosure.

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

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2024 total
Douglas McKinnonCFO$206,500
Richard MillerCEO$226,979
Taft FlitnerPresident$183,382
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2024 total
Christopher Marc MeltonIndependent Director$25,000
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-12-16—————
20242024-12-048,028,64051,8281,17799.36%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
20252025-12-16—a
20242024-12-0499.36%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
Christopher Marc MeltonIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance$25,000————$25,000
Richard MillerEmployee director—————0
Zi YangIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair)——————
Zhihong LiuIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance——————
Weike SunNot independent · Board Chair——————
09

Board fee structure and ownership guideline

Annual cash retainer$25,000
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$25,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$25,000

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
1Tron Inc2024Richard Miller$201,979$0$0$0$226,979

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 Tron Inc in fiscal 2024?
As disclosed, Richard Miller (Chief Executive Officer) was the highest-paid executive at Tron Inc in fiscal 2024, with total compensation of $226,979.
How did shareholders vote on Tron Inc's executive compensation?
As disclosed, 99.36% of shareholders supported Tron Inc's executive compensation in the latest say-on-pay vote.
How much does Tron Inc spend in total on board compensation for fiscal 2024?
As disclosed, Tron Inc reported total board compensation of $25,000 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 is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Richard MillerDEF 14A2025-11-260001493152-25-025216Section “Executive Compensation”. As printed: 226,979. View filing ↗
2Section 01, Douglas McKinnonDEF 14A2025-11-260001493152-25-025216Section “Executive Compensation”. As printed: 206,500. View filing ↗
3Section 01, Taft FlitnerDEF 14A2025-11-260001493152-25-025216Section “Executive Compensation”. As printed: 183,382. View filing ↗
4Section 08, Christopher Marc MeltonDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: 25,000. View filing ↗
5Section 08, Richard MillerDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: 0. View filing ↗
6Section 08, Zi YangDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: —. View filing ↗
7Section 08, Zhihong LiuDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: —. View filing ↗
8Section 08, Weike SunDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: —. View filing ↗
9Section 06, 2025 voteForm 8-K2025-12-180001493152-25-028353Item 5.07 · say-on-pay result. As reported: —. View filing ↗
10Section 06, 2024 voteForm 8-K2024-12-100001493152-24-049470Item 5.07 · say-on-pay result. As reported: 99.36% (votes for as printed: 8,028,640). View filing ↗
11Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.
12Section 09b board cost (computed)Computed——Cash 25,000 + equity 0 + all other 0 = 25,000, summed across the director compensation table rows.
13Tron Inc (subject), Section 10b CEO totalDEF 14A2025-11-260001493152-25-025216CEO total compensation as printed in Tron Inc's own proxy. As printed: 226,979. View filing ↗