0000717720
2025-05-01
2026-04-30
0000717720
valu:HowardABrecherMember
2025-05-01
2026-04-30
0000717720
2021-05-01
2022-04-30
0000717720
2022-05-01
2023-04-30
0000717720
2023-05-01
2024-04-30
0000717720
2024-05-01
2025-04-30
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0000717720
DEF 14A
VALUE LINE, INC.
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>Pay Versus Performance </b></p>
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p>
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">As required by 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 for each of the last five fiscal years ended April 30, 2026, 2025, 2024, 2023 and 2022. We did not use any financial performance measures to link “compensation actually paid” (“CAP”) to company performance in a manner that can act as a “Company-Selected Measure” under the relevant rules. As such, we do not have a “Company-Selected Measure”. We therefore do not provide a tabular list of such performance measures. For further information regarding our compensation philosophy, please review the Compensation Discussion and Analysis beginning on page 21.</p>
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;"> </p>
<div>
<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 100%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;">
<tbody><tr class="finHeading" style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;">
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 9%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 11%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 11%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 11%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 11%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td colspan="4" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid black; width: 13%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Value of Initial Fixed $100</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Investment Based On:</p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
<td style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 11%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td>
</tr>
<tr class="finHeading" style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt;">
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 9%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Fiscal</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">Year</p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td colspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Summary</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Compensation</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Table Total for</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">PEO<sup style="vertical-align:top;line-height:120%;">(1)</sup></p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td colspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Compensation</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Actually Paid to</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">PEO<sup style="vertical-align:top;line-height:120%;">(1)</sup></p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td colspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Average</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Summary</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Compensation</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Table Total for</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Non-PEO</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">NEOs<sup style="vertical-align:top;line-height:120%;">(2)</sup></p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td colspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Average</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Compensation</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Actually Paid to</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Non-PEO</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">NEOs<sup style="vertical-align:top;line-height:120%;">(2)</sup></p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td colspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">Total</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">Shareholder</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">Return</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">(TSR)<sup style="vertical-align:top;line-height:120%;">(3)</sup></p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td colspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Peer Group</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Total</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Shareholder</p>
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Return<sup style="vertical-align:top;line-height:120%;">(3)</sup></p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; border-bottom: 1px solid rgb(0, 0, 0); width: 1%;"> </td>
<td colspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; border-bottom: 1px solid rgb(0, 0, 0); width: 11%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt 0pt 0pt 8pt;">Net Income</p>
</td>
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td>
</tr>
<tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);">
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 9%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">2026</p>
</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">$873,425</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$873,425</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$837,419</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$837,419</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$134.02</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$141.02</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$21,630,000</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td>
</tr>
<tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);">
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 9%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">2025</p>
</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">$890,042</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$890,042</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$867,257</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$867,257</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$149.24</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$156.86</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$20,686,000</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td>
</tr>
<tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);">
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 9%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">2024</p>
</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">$938,200</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$938,200</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$908,485</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$908,485</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$128.55</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$133.82</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$19,016,000</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td>
</tr>
<tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(255, 255, 255);">
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 9%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">2023</p>
</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">$787,200</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$787,200</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$712,200</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$712,200</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$158.31</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$116.62</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$18,069,000</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td>
</tr>
<tr style="vertical-align: bottom; font-family: "Times New Roman", Times, serif; font-size: 10pt; background-color: rgb(204, 238, 255);">
<td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 9%;">
<p style="font-family: "Times New Roman", Times, serif; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: center;">2022</p>
</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;">$789,500</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$789,500</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$714,500</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$714,500</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$222.34</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$118.11</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; text-align: center;"> </td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; text-align: center;"> </td>
<td style="width: 11%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 8pt; text-align: center;">$23,822,000</td>
<td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td>
</tr>
</tbody></table>
</div>
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(1) Howard A. Brecher served as Principal Executive Officer (“PEO”) of the Company for each of the years listed.</p>
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(2) Stephen R. Anastasio served as the only Non-PEO Named Executive Officer (“NEO”) of the Company for each of the years listed.</p>
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(3) Total Shareholder Return is abbreviated “TSR.” The Peer Group TSR in this table utilizes the group of peers as disclosed in the Compensation Discussion and Analysis for each of the years listed. AutoWeb, Inc. was included in the peer group in previous years, but has been excluded from the peer group TSR in the above table because it was acquired by another company during 2022.</p>
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"> </p>
873425
873425
837419
837419
134.02
141.02
21630000
890042
890042
867257
867257
149.24
156.86
20686000
938200
938200
908485
908485
128.55
133.82
19016000
787200
787200
712200
712200
158.31
116.62
18069000
789500
789500
714500
714500
222.34
118.11
23822000
Howard A. Brecher
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The following chart sets forth the relationship between Compensation Actually Paid to our PEO, Compensation Actually Paid to our Vice President, Mr. Anastasio, and the Company’s cumulative Total Shareholder Return for the last five fiscal years.</p>
<div><img alt="capvtsr.jpg" src="capvtsr.jpg"/></div>
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the last five fiscal years.</p>
<div><img alt="capvni.jpg" src="capvni.jpg"/></div>
<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"> </p>
true