DAILY JOURNAL CORP (DJCO) Form 8-K — Nov 2, 2026
Daily Journal Corporation entered into a new CEO Compensation Agreement with Chairman and CEO Steven Myhill-Jones on October 30, 2026, confirming his continued leadership and aligning pay with stockholder interests. The agreement sets his base salary at $700,000 with a 50% target discretionary bonus. The CEO's incentive structure ties pay directly to performance: for fiscal 2026 and 2027 he earns 4% of operating income in cash (capped at 2x base salary) plus 1% of operating income in vested common stock (capped at 400 shares). He also received 800 RSUs vesting in 2027 and 2028 and a one-time $475,000 cash award.
Key figures
- Ceo rsu grant
- 800
- Cfo lti target
- 100000
- Ceo base salary
- 700000
- Cfo base salary
- 400000
- Cfo lti rsu cap
- 250
- Cfo bonus target
- 200000
- Ceo cash incentive
- 4% of operating income, capped at 2x base salary
- Ceo bonus target pct
- 50% of base
- Ceo equity incentive
- 1% of operating income, capped at 400 shares per fiscal year
- Ceo one time cash award
- 475000
AI analysis
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