Company: TVC
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001376986-25-000056
Chunk: 603

Company: Tennessee Valley Authority
Filing Date: 2025-11-13
Form: 10-K
Item: Item 11
Chunk 603
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 Compensation Earnings table below.

(4)  The 2025 data is outlined in the All Other Compensation table below.

(5)  The total compensation amount reflected in this column, determined under applicable SEC rules, may differ substantially from compensation amounts actually earned within the fiscal year reflected.  Change in Pension Value and Nonqualified Deferred Compensation Earnings can substantially impact this total, which are affected by external variables such as interest rates, assumptions about life expectancy, and changes in discount rate, which are functions of the economy and actuarial calculations not related to company performance or controlled or approved by the TVA Board or People and Governance Committee.

(6)  The 2025 CEO Total Direct Compensation at target is below the 25th percentile of 2025 market composite data.  

(7)  The Change in Pension Value in 2025 was ($850). 

(8)  The Change in Pension Value in 2025 was ($174).

174

Non-Equity Incentive Plan CompensationDonald A. MoulJeffrey J. LyashThomas C. RiceJohn M. Thomas, III Matthew M. RasmussenRebecca C. ToleneJeremy P. FisherTimothy S. RauschDavid B. FountainEAIP$1,411,271 $1,277,024 $635,536 $498,202 $433,507 $334,872 $382,246 $696,154 $485,183 LTP1,396,500 2,846,739 336,013 1,124,959 294,000 142,100 245,000 710,500 — LTR 2023-03(A)261,667 331,917 47,963 83,333 43,000 21,000 33,000 110,000 — LTR 2024-02(B)350,000 331,917 186,000 97,222 109,000 140,000 58,000 125,000 — LTR 2025-01(C)350,000 331,917 186,000 97,222 109,000 129,000 58,000 134,000 — Total$3,769,438 $5,119,514 $1,391,512 $1,900,938 $988,507 $766,972 $