Michael Doar compensation by year
HURCO COMPANIES Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $447,308 | $462,116 | $477,115 | $492,116 | $509,755 | $509,850 | $476,856 | $453,848 | $400,437 | $354,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $57,406 | $0 | $0 |
| Stock awards | $820,011 | $999,939 | $1,249,991 | $1,499,988 | $1,499,979 | $999,976 | $899,998 | $899,954 | $899,954 | $899,988 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $436,114 | $528,550 | $808,800 | $614,625 | $0 | $408,849 | $356,792 | $191,353 | $0 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $90,994 | $91,148 | $97,631 | $96,928 | $78,460 | $90,564 | $92,620 | $86,803 | $72,611 | $50,113 |
| Total | $1,794,427 | $2,081,753 | $2,633,537 | $2,703,657 | $2,088,194 | $2,009,239 | $1,826,266 | $1,689,364 | $1,373,002 | $1,304,101 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: HURCO COMPANIES INC DEF 14A filed January 28, 2026, accession 0001104659-26-007238, and prior-year filings. Open the filing on EDGAR.
How this page was built: the HURCO COMPANIES INC filed document, accession 0001104659-26-007238. Every figure is read from that document and cited to the page and table it appears in. Filed January 28, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 20,444 | $366,970 | — |
| PSU | 15,675 | $281,366 | — |
| PSU | 12,493 | $224,249 | — |
| RSU | 6,967 | $125,058 | — |
| RSU | 2,845 | $51,068 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in HURCO COMPANIES INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
1 Form 4 line since the FY2025 proxy (filed January 28, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-03-12 | Grant or award | — | 5,432 | $0.00 | 222,614 |
The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments HURCO COMPANIES discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Death | — | — | — | $3,099,125 |
| Disability | — | — | $361,831 | $2,590,956 |
| Retirement | — | — | — | $2,229,125 |
| Resignation for good reason, no change in control | $327,689 | — | $34,614 | $2,591,428 |
| Involuntary for cause | — | — | — | $2,229,125 |
| Change in control and involuntary termination | $655,378 | $1,068,136 | $51,921 | $4,004,560 |
| Voluntary resignation | — | — | — | $2,229,125 |
Per the Potential Payments Upon Termination or Change in Control table in HURCO COMPANIES INC's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
HURCO COMPANIES’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Gregory Volovic | President and Chief Executive Officer | $2,023,603 |
| Michael Doar · this page | Executive Chairman | $1,304,101 |
| Sonja McClelland | Executive Vice President, Treasurer and Chief Financial Officer | $1,207,577 |
| Jonathon Wright | General Counsel and Corporate Secretary | $558,073 |
| HaiQuynh Jamison | Corporate Controller and Principal Accounting Officer | $449,181 |
Board service
HURCO COMPANIES board · FY2023–FY2025How this board is paid
Company policy: HURCO COMPANIES pays directors a $45,000 cash retainer and $79,996 in Restricted Shares. As stated in HURCO COMPANIES's FY2025 proxy.
The full HURCO COMPANIES compensation record
free company briefThis page is one person within HURCO COMPANIES's record. The company brief lists every named executive, each linking to their own page.
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are HURCO COMPANIES's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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