Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-11-26

Tron Inc (TRON)

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.

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

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 FY20232024
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.

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
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
20242024-12-0499.36%a

a. 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 director0
Zhihong LiuIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance
Zi YangIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair)
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.

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, Richard MillerDEF 14A2025-11-260001493152-25-025216Section “Executive Compensation”. As printed: 226,979. Filing ↗
2Section 01, Douglas McKinnonDEF 14A2025-11-260001493152-25-025216Section “Executive Compensation”. As printed: 206,500. Filing ↗
3Section 01, Taft FlitnerDEF 14A2025-11-260001493152-25-025216Section “Executive Compensation”. As printed: 183,382. Filing ↗
4Section 08, Christopher Marc MeltonDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: 25,000. Filing ↗
5Section 08, Richard MillerDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: 0. Filing ↗
6Section 08, Zhihong LiuDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: —. Filing ↗
7Section 08, Zi YangDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: —. Filing ↗
8Section 08, Weike SunDEF 14A2025-11-260001493152-25-025216Section “Director Compensation”. As printed: —. Filing ↗
9Section 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). Filing ↗
10Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
11Section 09b board cost (computed)ComputedcomputedCash 25,000 + equity 0 + all other 0 = 25,000, summed across the director compensation table rows.machine: formula: Σ = 25,000
12Tron 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. Filing ↗