0000016160 2025-06-01 2026-05-30 0000016160 calm:AdolphusBBakerMember 2025-06-01 2026-05-30 0000016160 calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 calm:AdolphusBBakerMember 2024-06-02 2025-05-31 0000016160 calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 2024-06-02 2025-05-31 0000016160 calm:AdolphusBBakerMember 2023-06-04 2024-06-01 0000016160 calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 2023-06-04 2024-06-01 0000016160 calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 2022-05-29 2023-06-03 0000016160 calm:AdolphusBBakerMember 2021-05-30 2022-05-28 0000016160 calm:ShermanLMillerMember 2021-05-30 2022-05-28 0000016160 2021-05-30 2022-05-28 0000016160 2022-05-29 2022-09-30 0000016160 2022-10-01 2023-06-03 0000016160 2026-05-30 0000016160 2025-05-31 0000016160 2024-06-01 0000016160 2023-06-03 0000016160 2022-05-28 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-06-01 2026-05-30 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-06-01 2026-05-30 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2025-06-01 2026-05-30 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-06-01 2026-05-30 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-06-01 2026-05-30 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-06-01 2026-05-30 0000016160 ecd:PeoMember calm:ShermanLMillerMember 2025-06-01 2026-05-30 0000016160 ecd:NonPeoNeoMember 2025-06-01 2026-05-30 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-06-02 2025-05-31 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-06-02 2025-05-31 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2024-06-02 2025-05-31 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-06-02 2025-05-31 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-06-02 2025-05-31 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-06-02 2025-05-31 0000016160 ecd:PeoMember calm:ShermanLMillerMember 2024-06-02 2025-05-31 0000016160 ecd:NonPeoNeoMember 2024-06-02 2025-05-31 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-06-04 2024-06-01 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2023-06-04 2024-06-01 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2023-06-04 2024-06-01 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2023-06-04 2024-06-01 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2023-06-04 2024-06-01 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2023-06-04 2024-06-01 0000016160 ecd:PeoMember calm:ShermanLMillerMember 2023-06-04 2024-06-01 0000016160 ecd:NonPeoNeoMember 2023-06-04 2024-06-01 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-05-29 2023-06-03 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2022-05-29 2023-06-03 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 ecd:AggtPnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2022-05-29 2023-06-03 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2022-05-29 2023-06-03 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2022-05-29 2023-06-03 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2022-05-29 2023-06-03 0000016160 ecd:PeoMember calm:AdolphusBBakerMember 2022-05-29 2023-06-03 0000016160 ecd:PeoMember calm:ShermanLMillerMember 2022-05-29 2023-06-03 0000016160 ecd:NonPeoNeoMember 2022-05-29 2023-06-03 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember calm:AdolphusBBakerMember 2021-05-30 2022-05-28 0000016160 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2021-05-30 2022-05-28 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember calm:AdolphusBBakerMember 2021-05-30 2022-05-28 0000016160 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2021-05-30 2022-05-28 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember calm:AdolphusBBakerMember 2021-05-30 2022-05-28 0000016160 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2021-05-30 2022-05-28 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember calm:AdolphusBBakerMember 2021-05-30 2022-05-28 0000016160 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2021-05-30 2022-05-28 0000016160 ecd:PeoMember calm:AdolphusBBakerMember 2021-05-30 2022-05-28 0000016160 ecd:NonPeoNeoMember 2021-05-30 2022-05-28 0000016160 1 2025-06-01 2026-05-30 0000016160 2 2025-06-01 2026-05-30 0000016160 3 2025-06-01 2026-05-30 0000016160 4 2025-06-01 2026-05-30 iso4217:USD iso4217:USD calm:DozenProduced iso4217:USD shares Cal-Maine Foods, Inc. true While the Compensation Committee has not developed formal policies concerning the timing of grants and other matters, the practice has been to authorize grants of restricted shares annually in mid-December, with the grants being effective the following January. true the practice has been to authorize grants of restricted shares annually in mid-December, with the grants being effective the following January. PAY VERSUS PERFORMANCEAs required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. Further information concerning the Company’s pay for performance philosophy and how the Company’s aligns executive compensation with the Company’s performance is described under “Compensation Discussion & Analysis” beginning on page 26.On September 30, 2022, Adolphus B. Baker stepped down as the Company’s CEO and continues to serve as the Company’s Board Chair and as an executive officer of the Company. On September 30, 2022, Sherman L. Miller was named the CEO. The following table sets forth information concerning the compensation of our CEOs and other named executive officers for each of the fiscal years 2026, 2025, 2024, 2023, and 2022 and our financial performance for each such fiscal year:<table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: center"> </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center">Value of Initial Fixed $100 Investment Based On:</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt"> </td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 6%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center">Year (1)</td> <td style="width: 9%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Summary Compensation Table</div> <div> Total for CEO -</div> <div> Adolphus B. Baker ($)</div> </td> <td style="width: 10%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Summary Compensation</div> <div> Table</div> <div> Total for</div> <div> CEO - </div> <div>Sherman L. </div> <div>Miller ($)(2)</div> </td> <td style="width: 9%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Compensation Actually</div> <div> Paid to </div> <div>CEO -</div> <div>Adolphus B. Baker</div> <div> ($)(2)(3)</div> </td> <td style="width: 9%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Compensation Actually</div> <div> Paid to </div> <div>CEO - </div> <div>Sherman L. </div> <div>Miller </div> <div>($)(2)(3)</div> </td> <td style="width: 9%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Average</div> <div> Summary Compensation Table</div> <div> Total for </div> <div>NEOs ($)</div> </td> <td style="width: 9%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Average Compensation Actually</div> <div> Paid to</div> <div> NEOs </div> <div>($)(2)(3)</div> </td> <td style="width: 7%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Total Shareholder Return</div> <div> ($)(4)</div> </td> <td style="width: 7%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Peer </div> <div>Group </div> <div>Total Shareholder Return</div> <div> ($)(4)</div> </td> <td style="width: 16%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center">Net Income ($)</td> <td style="width: 9%; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"> <div>Net Income</div> <div> per Dozen Produced</div> <div> ($) (5)</div> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: center">2026</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">2,109,221</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,955,973</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,163,771</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,058,308</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">276.80</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">93.33</td> <td style="padding-right: 3pt; padding-left: 3pt; text-align: right">318,112,000</td> <td style="padding-right: 3pt; padding-left: 3pt; text-align: right">0.273</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: center">2025</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,692,760</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,962,411</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,169,254</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,412,888</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">337.66</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">95.52</td> <td style="padding-right: 3pt; padding-left: 3pt; text-align: right">1,218,232,000</td> <td style="padding-right: 3pt; padding-left: 3pt; text-align: right">1.072</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: center">2024</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,107,975</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,223,640</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">834,401</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">950,022</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">201.88</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">103.03</td> <td style="padding-right: 3pt; padding-left: 3pt; text-align: right">276,282,000</td> <td style="padding-right: 3pt; padding-left: 3pt; text-align: right">0.271</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: center">2023</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">985,228</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,149,427</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">958,998</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,126,150</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">781,668</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">767,626</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">150.19</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">113.16</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">756,732,000</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">0.715</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: center">2022</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,292,812</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">1,594,506</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">--</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right"> 634,433 </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">739,489</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">138.27</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">107.14</td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right"> 132,441,000 </td> <td style="white-space: nowrap; padding-right: 3pt; padding-left: 3pt; text-align: right">0.130</td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(1)</td> <td>The CEO and named executive officers included in the above compensation columns reflect the following:</td> </tr> </table><table cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 6%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Year</td> <td style="width: 32%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">CEO</td> <td style="width: 62%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">NEOs</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2026</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Sherman L. Miller</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Max P. Bowman, Adolphus B. Baker, Michael T. Walters, Rob L. Holladay, Jr.</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2025</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Sherman L. Miller</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Max P. Bowman, Adolphus B. Baker, Michael T. Walters, Rob L. Holladay, Jr.</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2024</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Sherman L. Miller</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Max P. Bowman, Adolphus B. Baker, Michael T. Walters, Rob L. Holladay, Jr.</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2023</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Adolphus B. Baker, Sherman L. Miller </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Max P. Bowman, Michael T. Walters, Charles J. Hardin, Rob L. Holladay, Jr. </td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2022</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Adolphus B. Baker </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Sherman L. Miller, Max P. Bowman, Charles J. Hardin, Rob L. Holladay, Jr. </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(2)</td> <td>Fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was determined by reference to closing price on applicable year-end dates or, in the case of vesting dates, the actual vesting price. For the portion of “Compensation Actually Paid” that is based on year-end stock prices, the following prices were used: for 2026 - $74.72; for 2025 - $95.93; for 2024 - $61.67; for 2023 - $47.56; for 2022 - $48.16.</td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(3)</td> <td>2026 “Compensation Actually Paid” to the CEO and the average “Compensation Actually Paid” to the named executive officers reflect the following adjustments from Total Compensation reported in the Summary Compensation Table:</td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2026 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">2,109,221</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,163,771</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(296,787)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(155,855)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(36,135)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(11,652)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">36,392</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">8,675</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">306,128</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">160,760</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(95,806)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(64,892)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt; border-bottom: Black 1pt solid">(67,040)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt; border-bottom: Black 1pt solid">(42,499)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(153,248)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(105,463)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2026</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,955,973</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,058,308</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2025 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,692,760</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,169,254</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(179,361)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(120,940)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(35,113)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(50,874)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">10,889</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">13,040</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">156,462</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">105,499</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">196,652</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">129,126</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">120,122</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">167,782</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">269,651</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">243,634</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2025</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,962,411</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,412,888</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2024 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,107,975</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">834,401</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(158,470)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(107,610)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(36,436)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(48,477)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">37,973</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">49,360</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">177,980</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">120,858</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">75,362</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">74,543</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">19,257</td> <td style="border-bottom: black 1pt solid; white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">26,947</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">115,665</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">115,621</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2024</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,223,640</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">950,022</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 55%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO - Dolph Baker ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO - Sherman Miller ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2023 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">985,228</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,149,427</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">781,668</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(102,682)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(154,401)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(87,574)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">--</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(10,889)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(13,040)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">--</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">10,889</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">13,040</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">90,269</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">135,736</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">76,988</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(9,173)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(3,064)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(2,449)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(4,644)</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(1,548)</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(1,006)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(26,230)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(23,277)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(14,042)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2023</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">958,998</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,126,150</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">767,626</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; width: 70%"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center; width: 15%">CEO ($)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center; width: 15%">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Total Reported in 2022 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">1,292,812</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">634,433</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">(305,719)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">(92,018)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">357,973</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">107,746</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">206,634</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">61,993</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: center">42,806</td> <td style="border-bottom: black 1pt solid; white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">27,335</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Total Adjustments</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">301,694</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">105,056</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">“Compensation Actually Paid” in Fiscal Year 2022</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">1,594,506</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">739,489</td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(4)</td> <td>Company and Peer Group Total Shareholder Return (“TSR”) reflects the Company’s peer group (S&P Comp 1500 Food Products Industry Index) as reflected in our Annual Report on Form 10-K pursuant to Item 201(e) of Regulation S-K for the applicable fiscal year. Each year reflects what the cumulative value of $100 would be, including the reinvestment of dividends, if such amount were invested on May 28, 2021.</td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(5)</td> <td>Net income per dozen produced is a non-GAAP financial measure which is calculated as net income divided by the dozens produced.</td> </tr> </table> 0 2109221 0 1955973 1163771 1058308 276.8 93.33

318112000

0.273 0 1692760 0 1962411 1169254 1412888 337.66 95.52

1218232000

1.072 0 1107975 0 1223640 834401 950022 201.88 103.03

276282000

0.271 985228 1149427 958998 1126150 781668 767626 150.19 113.16

756732000

0.715 1292812 0 1594506 0 634433 739489 138.27 107.14

132441000

0.13 <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(1)</td> <td>The CEO and named executive officers included in the above compensation columns reflect the following:</td> </tr> </table><table cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 6%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Year</td> <td style="width: 32%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">CEO</td> <td style="width: 62%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">NEOs</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2026</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Sherman L. Miller</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Max P. Bowman, Adolphus B. Baker, Michael T. Walters, Rob L. Holladay, Jr.</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2025</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Sherman L. Miller</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Max P. Bowman, Adolphus B. Baker, Michael T. Walters, Rob L. Holladay, Jr.</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2024</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Sherman L. Miller</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Max P. Bowman, Adolphus B. Baker, Michael T. Walters, Rob L. Holladay, Jr.</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2023</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Adolphus B. Baker, Sherman L. Miller </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Max P. Bowman, Michael T. Walters, Charles J. Hardin, Rob L. Holladay, Jr. </td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2022</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Adolphus B. Baker </td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"> Sherman L. Miller, Max P. Bowman, Charles J. Hardin, Rob L. Holladay, Jr. </td> </tr> </table> Sherman L. Miller Sherman L. Miller Sherman L. Miller Adolphus B. Baker Sherman L. Miller Adolphus B. Baker

74.72

95.93

61.67

47.56

48.16

<table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(3)</td> <td>2026 “Compensation Actually Paid” to the CEO and the average “Compensation Actually Paid” to the named executive officers reflect the following adjustments from Total Compensation reported in the Summary Compensation Table:</td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2026 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">2,109,221</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,163,771</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(296,787)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(155,855)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(36,135)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(11,652)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">36,392</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">8,675</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">306,128</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">160,760</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(95,806)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(64,892)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt; border-bottom: Black 1pt solid">(67,040)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt; border-bottom: Black 1pt solid">(42,499)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(153,248)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(105,463)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2026</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,955,973</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,058,308</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2025 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,692,760</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,169,254</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(179,361)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(120,940)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(35,113)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(50,874)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">10,889</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">13,040</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">156,462</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">105,499</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">196,652</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">129,126</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">120,122</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">167,782</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">269,651</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">243,634</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2025</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,962,411</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,412,888</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2024 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,107,975</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">834,401</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(158,470)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(107,610)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(36,436)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(48,477)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">37,973</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">49,360</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">177,980</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">120,858</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">75,362</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">74,543</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">19,257</td> <td style="border-bottom: black 1pt solid; white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">26,947</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">115,665</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">115,621</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2024</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,223,640</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">950,022</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 55%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO - Dolph Baker ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO - Sherman Miller ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2023 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">985,228</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,149,427</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">781,668</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(102,682)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(154,401)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(87,574)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">--</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(10,889)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(13,040)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">--</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">10,889</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">13,040</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">90,269</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">135,736</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">76,988</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(9,173)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(3,064)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(2,449)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(4,644)</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(1,548)</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(1,006)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(26,230)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(23,277)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(14,042)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2023</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">958,998</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,126,150</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">767,626</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; width: 70%"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center; width: 15%">CEO ($)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center; width: 15%">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Total Reported in 2022 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">1,292,812</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">634,433</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">(305,719)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">(92,018)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">357,973</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">107,746</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">206,634</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">61,993</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: center">42,806</td> <td style="border-bottom: black 1pt solid; white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">27,335</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Total Adjustments</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">301,694</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">105,056</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">“Compensation Actually Paid” in Fiscal Year 2022</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">1,594,506</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">739,489</td> </tr> </table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(3)</td> <td>2026 “Compensation Actually Paid” to the CEO and the average “Compensation Actually Paid” to the named executive officers reflect the following adjustments from Total Compensation reported in the Summary Compensation Table:</td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2026 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">2,109,221</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,163,771</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(296,787)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(155,855)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(36,135)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(11,652)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">36,392</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">8,675</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">306,128</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">160,760</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(95,806)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(64,892)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt; border-bottom: Black 1pt solid">(67,040)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt; border-bottom: Black 1pt solid">(42,499)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(153,248)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(105,463)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2026</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,955,973</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,058,308</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2025 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,692,760</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,169,254</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(179,361)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(120,940)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(35,113)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(50,874)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">10,889</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">13,040</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">156,462</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">105,499</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">196,652</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">129,126</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">120,122</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">167,782</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">269,651</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">243,634</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2025</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,962,411</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,412,888</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 70%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2024 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,107,975</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">834,401</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(158,470)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(107,610)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(36,436)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(48,477)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">37,973</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">49,360</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">177,980</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">120,858</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">75,362</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">74,543</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">19,257</td> <td style="border-bottom: black 1pt solid; white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">26,947</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">115,665</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">115,621</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2024</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,223,640</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">950,022</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 55%"> </td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO - Dolph Baker ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">CEO - Sherman Miller ($)</td> <td style="white-space: nowrap; text-align: center; width: 15%; padding-right: 5pt; padding-left: 5pt">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Total Reported in 2023 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">985,228</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,149,427</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">781,668</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(102,682)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(154,401)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(87,574)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Less, Change in Pension Value in SCT</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">--</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(10,889)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(13,040)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Pension Service Cost and impact of Pension Plan Amendments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">--</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">10,889</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">13,040</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">90,269</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">135,736</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">76,988</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(9,173)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(3,064)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(2,449)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(4,644)</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(1,548)</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; padding-right: 5pt; padding-left: 5pt">(1,006)</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap">Total Adjustments</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(26,230)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(23,277)</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">(14,042)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap">“Compensation Actually Paid” in Fiscal Year 2023</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">958,998</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">1,126,150</td> <td style="white-space: nowrap; text-align: center; padding-right: 5pt; padding-left: 5pt">767,626</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt"> </td> </tr> </table><table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; width: 70%"> </td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center; width: 15%">CEO ($)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center; width: 15%">Average of NEOs ($)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Total Reported in 2022 Summary Compensation Table (SCT)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">1,292,812</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">634,433</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Less, Value of Stock & Option Awards Reported in SCT</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">(305,719)</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">(92,018)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Year-End value of Awards Granted in Fiscal Year that are Unvested and Outstanding</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">357,973</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">107,746</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Change in Fair Value of Prior Year awards that are Outstanding and Unvested</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">206,634</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">61,993</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">Plus, Change in Fair Value (from Prior Year-End) of Prior Year awards that Vested this year</td> <td style="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5pt; padding-left: 5pt; text-align: center">42,806</td> <td style="border-bottom: black 1pt solid; white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">27,335</td> </tr> <tr style="vertical-align: bottom; background-color: White"> <td style="white-space: nowrap; padding-right: 5.4pt">Total Adjustments</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">301,694</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">105,056</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="white-space: nowrap; padding-right: 5.4pt">“Compensation Actually Paid” in Fiscal Year 2022</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">1,594,506</td> <td style="white-space: nowrap; padding-right: 5pt; padding-left: 5pt; text-align: center">739,489</td> </tr> </table> 2109221 1163771 -296787 -155855 -36135 -11652 36392 8675 306128 160760 -95806 -64892 -67040 -42499 -153248 -105463 1955973 1058308 1692760 1169254 -179361 -120940 -35113 -50874 10889 13040 156462 105499 196652 129126 120122 167782 269651 243634 1962411 1412888 1107975 834401 -158470 -107610 -36436 -48477 37973 49360 177980 120858 75362 74543 19257 26947 115665 115621 1223640 950022 985228 1149427 781668 -102682 -154401 -87574 0 -10889 -13040 0 10889 13040 90269 135736 76988 -9173 -3064 -2449 -4644 -1548 -1006 -26230 -23277 -14042 958998 1126150 767626 1292812 634433 -305719 -92018 357973 107746 206634 61993 42806 27335 301694 105056 1594506 739489 <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(4)</td> <td>Company and Peer Group Total Shareholder Return (“TSR”) reflects the Company’s peer group (S&P Comp 1500 Food Products Industry Index) as reflected in our Annual Report on Form 10-K pursuant to Item 201(e) of Regulation S-K for the applicable fiscal year. Each year reflects what the cumulative value of $100 would be, including the reinvestment of dividends, if such amount were invested on May 28, 2021.</td> </tr> </table> <table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%; border-spacing: 0px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0in"></td> <td style="width: 0.25in; text-align: left">(5)</td> <td>Net income per dozen produced is a non-GAAP financial measure which is calculated as net income divided by the dozens produced.</td> </tr> </table> Net income per dozen produced Financial Performance MeasuresAs described in greater detail in “Compensation Discussion & Analysis,” the Company’s executive compensation program reflects a pay-for-performance philosophy. The metrics that the Company uses for our incentive awards are selected based on an objective of incentivizing our named executive officers to increase the value of our enterprise for our stockholders. The most important financial and non-financial performance measures used by the Company to link compensation actually paid to the Company’s named executive officers for the most recently completed fiscal year to the Company’s performance are as follows:<table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">Net income per dozen produced</td> <td style="white-space: nowrap; width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">Relative total shareholder return</td> </tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Segment operating income</td> <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">Food quality and safety</td> </tr> </table> Net income per dozen produced Relative total shareholder return Segment operating income Food quality and safety Pay versus Performance Descriptive DisclosureAs described in greater detail in “Compensation Discussion & Analysis,” the Company’s executive compensation program reflects a pay-for-performance philosophy. While the Company utilizes several performance measures to align executive compensation with Company performance, all of those Company measures are not presented in the Pay Versus Performance table above. We believe food quality and safety is an important measurement that provides a foundation for reliable and continued financial performance. Our financial performance measures prioritize operational efficiency and sustainable growth to maximize long-term shareholder value. We evaluate our ongoing business execution using Net Income per Dozen Produced and Segment Operating Income as primary operating metrics, while remaining aligned with delivering total shareholder return.We believe the table above shows the strong link between compensation actually paid to our executives and our company’s performance, consistent with our compensation philosophy and as described in our Compensation Discussion and Analysis beginning on page 26. Specifically,<table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"></td> <td style="width: 0.25in">●</td> <td style="text-align: justify">For the years reflected in the table, excluding 2024, our CEO and other-NEO “compensation actually paid” only increased when our Net Income and Net Income per Dozen Produced increased, demonstrating a strong correlation between pay and performance. However, Net Income and Net Income per Dozen Produced were lower in 2024 compared to 2023, which was a record year for us, while “compensation actually paid” for both the CEO and other-named executive officers increased. This was a result of the first full year for Mr. Miller as CEO and also adjustments made to compensation following the record year performance of the Company in 2023.</td> </tr> </table> Pay versus Performance Descriptive DisclosureAs described in greater detail in “Compensation Discussion & Analysis,” the Company’s executive compensation program reflects a pay-for-performance philosophy. While the Company utilizes several performance measures to align executive compensation with Company performance, all of those Company measures are not presented in the Pay Versus Performance table above. We believe food quality and safety is an important measurement that provides a foundation for reliable and continued financial performance. Our financial performance measures prioritize operational efficiency and sustainable growth to maximize long-term shareholder value. We evaluate our ongoing business execution using Net Income per Dozen Produced and Segment Operating Income as primary operating metrics, while remaining aligned with delivering total shareholder return.We believe the table above shows the strong link between compensation actually paid to our executives and our company’s performance, consistent with our compensation philosophy and as described in our Compensation Discussion and Analysis beginning on page 26. Specifically,<table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"></td> <td style="width: 0.25in">●</td> <td style="text-align: justify">The increases in CEO and other-NEO “compensation actually paid” generally correlates with the increase in TSR. Compensation actually paid increased each year our TSR increased, while it decreased in 2026 as TSR and Net Income per Dozen Produced was lower compared to 2025.</td> </tr> </table> Pay versus Performance Descriptive DisclosureAs described in greater detail in “Compensation Discussion & Analysis,” the Company’s executive compensation program reflects a pay-for-performance philosophy. While the Company utilizes several performance measures to align executive compensation with Company performance, all of those Company measures are not presented in the Pay Versus Performance table above. We believe food quality and safety is an important measurement that provides a foundation for reliable and continued financial performance. Our financial performance measures prioritize operational efficiency and sustainable growth to maximize long-term shareholder value. We evaluate our ongoing business execution using Net Income per Dozen Produced and Segment Operating Income as primary operating metrics, while remaining aligned with delivering total shareholder return.We believe the table above shows the strong link between compensation actually paid to our executives and our company’s performance, consistent with our compensation philosophy and as described in our Compensation Discussion and Analysis beginning on page 26. Specifically,<table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"></td> <td style="width: 0.25in">●</td> <td style="text-align: justify">Our cumulative TSR during the past five years has increased each year except for 2026. Likewise, the CEO and other-NEO “compensation actually paid” has only increased when our TSR increased. Our cumulative TSR has exceeded our peer group’s cumulative TSR for each of the last five years.</td> </tr> </table> Pay versus Performance Descriptive DisclosureAs described in greater detail in “Compensation Discussion & Analysis,” the Company’s executive compensation program reflects a pay-for-performance philosophy. While the Company utilizes several performance measures to align executive compensation with Company performance, all of those Company measures are not presented in the Pay Versus Performance table above. We believe food quality and safety is an important measurement that provides a foundation for reliable and continued financial performance. Our financial performance measures prioritize operational efficiency and sustainable growth to maximize long-term shareholder value. We evaluate our ongoing business execution using Net Income per Dozen Produced and Segment Operating Income as primary operating metrics, while remaining aligned with delivering total shareholder return.We believe the table above shows the strong link between compensation actually paid to our executives and our company’s performance, consistent with our compensation philosophy and as described in our Compensation Discussion and Analysis beginning on page 26. Specifically,<table cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; border-spacing: 0px;" width="100%"> <tr style="vertical-align: top"> <td style="width: 0.25in"></td> <td style="width: 0.25in">●</td> <td style="text-align: justify">Our cumulative TSR during the past five years has increased each year except for 2026. Likewise, the CEO and other-NEO “compensation actually paid” has only increased when our TSR increased. Our cumulative TSR has exceeded our peer group’s cumulative TSR for each of the last five years.</td> </tr> </table> DEF 14A 0000016160 false