Executive Chairman · Hurco Companies Inc (HURC)

Michael Doar

A named executive officer of Hurco Companies in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$1,304,101

FY2023: $1,689,364

Compensation figures as of the proxy filed January 28, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Michael Doar compensation by year

Hurco Companies Summary Compensation Table · all 5 fiscal years held
In US dollars, as Hurco Companies reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2025
Salary$509,755$509,850$476,856$453,848$354,000
Bonus$0$0—$57,406$0
Stock awards$1,499,979$999,976$899,998$899,954$899,988
Option awards$0$408,849$0$0$0
Non-equity incentive$0$0$356,792$191,353$0
Pension and deferred compensation$0$0—$0$0
All other$78,460$90,564$92,620$86,803$50,113
Total$2,088,194$2,009,239$1,826,266$1,689,364$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.

$2.1M
$2.0M
$1.8M
$1.7M
$1.3M
FY20
FY21
FY22
FY23
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU20,444$366,970—
PSU15,675$281,366—
PSU12,493$224,249—
RSU6,967$125,058—
RSU2,845$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 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-03-12Grant or award—5,432$0.00222,614

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
TriggerCash severanceAccelerated equityBenefits continuationTotal 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 officerRoleFY2025 total
Gregory VolovicPresident and Chief Executive Officer$2,023,603
Michael Doar · this pageExecutive Chairman$1,304,101
Sonja McClellandExecutive Vice President, Treasurer and Chief Financial Officer$1,207,577
Jonathon WrightGeneral Counsel and Corporate Secretary$558,073
HaiQuynh JamisonCorporate Controller and Principal Accounting Officer$449,181

The full Hurco Companies compensation record

free company brief

This page is one person within Hurco Companies's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Hurco Companies's full Executive Compensation Report with peer benchmarking.

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.

Velarion Pro: every company page, peer tools and exports, one seat

One email to you when Pro opens, and nothing else. Privacy