Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.
Unsecured subordinated loan of $3.3 million to the Company at 13.0% interest, maturing August 31, 2028, with proceeds used to prepay Credit Agreement principal
Unsecured subordinated loan of $3.3 million to the Company at 13.0% interest, maturing August 31, 2028, with proceeds used to prepay Credit Agreement principal
Unsecured subordinated loan of $3.3 million to the Company at 13.0% interest, maturing August 31, 2028, with proceeds used to prepay Credit Agreement principal
Company sold a dealership property in Florida to the related entity at fair market value
Company leased back the Florida dealership property under a 10-year operating lease with no purchase option, initial annual base rent increasing 2% per year
Company sold 349,333 shares of Class B common stock to Stone House in the 2024 backstop purchase under the Support and Standby Purchase Agreement
Floor plan facility agreement providing up to $16.0 million of revolving availability at SOFR plus 5.0%; amounts owed to related parties
26 leases of dealership and office properties from related parties; aggregate annual base rent
Company paid a fee to terminate a lease for a property no longer used in operations
Employment as Executive Vice President and Chief Operating Officer from January 13, 2025 with base salary of $425,000 and bonus and equity opportunities
Employment as a Sales Representative at Wholesale Express, LLC, a Company subsidiary, through January 2026
Chesrown subleased warehouse space to the Company; Company believes he used warehouse space, personnel and other assets for personal benefit
Gift of 154,731 shares of Class B common stock as a death benefit, approved by the Audit Committee in 2021
Death benefit payable in weekly installments through June 30, 2024, plus quarterly amounts equal to the CEO cash bonus
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