TDAY · USA TODAY Co., Inc. · Executive Compensation
Market Cap
$923.48M
Shares
146.82M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Michael Reed | CEO | $4,085,499 |
| Douglas Horne | — | $2,020,583 |
| Trisha Gosser | CFO | $1,382,091 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Michael Reed | CEO | $4,492,082 |
| Former CFO | The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 13 (Supplemental equity and other information) to our consolidated financial statements contained in our 2025 Annual Report on Form 10-K. Includes the cash incentive payments received under the ABP for 2025 ($572,794 for Mr. Reed and $346,059 for Ms. Gosser), the portion of the 2023 CPUs and 2024 CPUs eligible for vesting for the 2025 performance period based on 2025 actual performance ($394,500 and $394,500, respectively for Mr. Reed), and the portion of the 2025 CPUs eligible for vesting for the 2025 performance period based on 2025 actual performance ($273,200 for Mr. Reed and $67,389 for Ms. Gosser). Includes (i) for each NEO, $3,500 in Company matching contributions to their respective 401(k) Plan account, (ii) for Mr. Reed, also includes $43,544 related to security arrangements, and (iii) for Mr. Horne, also includes $1,721,513 in severance pay ($1,223,501 of which was paid in 2025). Includes $95,570 in CPUs that vested based on target performance upon Mr. Horne's separation from the Company. | $2,437,171 |
| Douglas Horne | — | $2,437,171 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Michael Reed | CEO | $3,862,232 |
| Former CFO | The amount reported may vary from the approved annual base salary rate because the salary reported in the table is based on the actual number of weekly pay periods in a year and reflects any mid-year increases as disclosed in the Compensation Discussion and Analysis above. The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2024 Annual Report on Form 10-K. Pursuant to ASC 718, for each year, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the respective annual performance period The maximum grant date fair values of the 2022 PSUs assigned to the 2024 performance period were $429,808 for Mr. Reed and $143,268 for Mr. Horne. Includes the cash incentive payments received under the 2024 ABP ($896,091 for Mr. Reed and $638,700 for Mr. Horne), the portion of the 2023 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,093 for Mr. Horne) and the portion of the 2024 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,092 for Mr. Horne). Includes $19,464 and $20,299 in costs related to personal security for Mr. Reed and supplemental payment for the incremental tax impact, respectively. The sum on the table above may differ slightly due to rounding. | $2,498,242 |
| Douglas Horne | CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2023 Annual Report on Form 10-K. Pursuant to ASC 718, for 2023 and 2022, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the 2023 annual performance period and 2022 annual performance period, respectively. The number of shares and grant date fair values of the 2022 PSUs eligible for vesting for the 2024 annual performance period will be reported in 2024 using a grant date when the performance target for the 2024 annual performance period is set by the Compensation Committee. The maximum grant date fair values of the 2022 PSUs assigned to the 2023 performance period are $395,247 for Mr. Reed and $131,749 for Mr. Horne. Includes the cash incentive payments received under the 2023 ABP ($875,559 for Mr. Reed and $603,163 for Mr. Horne) and the portion of the 2023 CPUs eligible for vesting for the 2023 performance period based on 2023 actual performance ($389,050 for Mr. Reed and $191,666 for Mr. Horne). Includes cash incentive payments received under the ABP for 2021. Includes a relocation benefit and associated tax gross-up in line with our relocation guidelines. | $2,498,242 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Michael Reed | CEO | $3,379,449 |
| Former CFO | The amount reported may vary from the approved annual base salary rate because the salary reported in the table is based on the actual number of weekly pay periods in a year and reflects any mid-year increases as disclosed in the Compensation Discussion and Analysis above. The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2024 Annual Report on Form 10-K. Pursuant to ASC 718, for each year, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the respective annual performance period The maximum grant date fair values of the 2022 PSUs assigned to the 2024 performance period were $429,808 for Mr. Reed and $143,268 for Mr. Horne. Includes the cash incentive payments received under the 2024 ABP ($896,091 for Mr. Reed and $638,700 for Mr. Horne), the portion of the 2023 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,093 for Mr. Horne) and the portion of the 2024 CPUs eligible for vesting for the 2024 performance period based on 2024 actual performance ($467,200 for Mr. Reed and $179,092 for Mr. Horne). Includes $19,464 and $20,299 in costs related to personal security for Mr. Reed and supplemental payment for the incremental tax impact, respectively. The sum on the table above may differ slightly due to rounding. | $2,198,124 |
| Douglas Horne | CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2023 Annual Report on Form 10-K. Pursuant to ASC 718, for 2023 and 2022, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the 2023 annual performance period and 2022 annual performance period, respectively. The number of shares and grant date fair values of the 2022 PSUs eligible for vesting for the 2024 annual performance period will be reported in 2024 using a grant date when the performance target for the 2024 annual performance period is set by the Compensation Committee. The maximum grant date fair values of the 2022 PSUs assigned to the 2023 performance period are $395,247 for Mr. Reed and $131,749 for Mr. Horne. Includes the cash incentive payments received under the 2023 ABP ($875,559 for Mr. Reed and $603,163 for Mr. Horne) and the portion of the 2023 CPUs eligible for vesting for the 2023 performance period based on 2023 actual performance ($389,050 for Mr. Reed and $191,666 for Mr. Horne). Includes cash incentive payments received under the ABP for 2021. Includes a relocation benefit and associated tax gross-up in line with our relocation guidelines. | $2,198,124 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Michael Reed | CEO | $7,741,052 |
| Douglas Horne | CFO The amounts in this column reflect the aggregate grant date fair value of the stock awards for each year pursuant to ASC 718. Additional details on accounting for stock-based compensation can be found in Note 12 (Supplemental equity and other information) to our consolidated financial statements contained in our 2023 Annual Report on Form 10-K. Pursuant to ASC 718, for 2023 and 2022, the number of shares and the grant date fair value of the 2022 PSUs includes the portion of the 2022 PSUs eligible for vesting for the 2023 annual performance period and 2022 annual performance period, respectively. The number of shares and grant date fair values of the 2022 PSUs eligible for vesting for the 2024 annual performance period will be reported in 2024 using a grant date when the performance target for the 2024 annual performance period is set by the Compensation Committee. The maximum grant date fair values of the 2022 PSUs assigned to the 2023 performance period are $395,247 for Mr. Reed and $131,749 for Mr. Horne. Includes the cash incentive payments received under the 2023 ABP ($875,559 for Mr. Reed and $603,163 for Mr. Horne) and the portion of the 2023 CPUs eligible for vesting for the 2023 performance period based on 2023 actual performance ($389,050 for Mr. Reed and $191,666 for Mr. Horne). Includes cash incentive payments received under the ABP for 2021. Includes a relocation benefit and associated tax gross-up in line with our relocation guidelines. | $1,753,698 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Douglas Horne | CFO & CAO | $1,865,313 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Kirk Davis | (COO) | $2,852,974 |
| Paul Bascobert | (Former CEO, Gannett Media Corp.) | $811,442 |
| Alison K. Engel | (Former CFO & CAO) | $555,000 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Kirk Davis | (COO) | $1,703,098 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Trisha Gosser | Chief Financial Officer | Appointed | 2025-03-18 |
Key facts
CIK
1579684
CUSIP
36472T109
13F (30d)
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