CEO Tyler Farquharson received total compensation of approximately $4.96 million in 2025, a year in which he was promoted from CFO to CEO mid-year. The bulk of that figure ($4.0 million) consists of equity awards — a mix of time-based restricted stock, stock options that only pay off if the share price rises, and performance stock awards tied to return on capital employed and relative total shareholder return versus peers over a multi-year period — giving the pay package a strongly variable, performance-linked character well above the 50–60% variable pay standard the policy requires. The company has a meaningful clawback policy in place as required under NYSE rules, an anti-hedging policy, and no prior Say on Pay vote results that would trigger a reconsideration flag. While the compensation program gave Farquharson a large promotion-related equity grant in June 2025 (including stock price hurdle awards at $7, $8.50, and $10 per share that have not yet been earned), the structure of those awards — which vest only if sustained stock price appreciation is achieved — ties realizable pay directly to shareholder outcomes, which is consistent with sound pay-for-performance design.

Forvis Mazars has served since 2022 (approximately 4 years), well below the 25-year tenure threshold; non-audit fees are zero, meaning 0% of audit fees — far below the 50% independence-concern threshold; and there are no known material restatements. The firm is appropriate for a company of GRNT's size and complexity.