Company: TVC
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001376986-25-000056
Chunk: 604

Company: Tennessee Valley Authority
Filing Date: 2025-11-13
Form: 10-K
Item: Item 11
Chunk 604
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776,246 $1,775,654 $485,183 

Notes

(A)  LTR grant representing the third tranche of the 2023 LTR award effective October 1, 2022. 

(B)  LTR grant representing the second tranche of the 2024 LTR award effective October 1, 2023. 

(C)  LTR grant representing the first tranche of the 2025 LTR award effective October 1, 2024. 

Change in Pension Value and Nonqualified Deferred Compensation EarningsDonald A. MoulJeffrey J. LyashThomas C. RiceJohn M. Thomas, III Matthew M. Rasmussen (B)Rebecca C. ToleneJeremy P.  Fisher (C)Timothy S. RauschDavid B. FountainIncrease under TVARS Plans(A)$— $— $1,555 $116,657 $— $3,357 $— $— $— Increase under SERP908,756 789,741 — 1,774,773 — — — 676,127 368,656 Total$908,756 $789,741 $1,555 $1,891,430 $— $3,357 $— $676,127 $368,656 

Notes

(A)  The present value of the TVARS Plans and SERP are impacted by plan assumption changes and actual plan experience which may be different than previously assumed.

(B)  The Increase under TVARS Plans was ($850).

(C)  The Increase under TVARS Plans was ($174).

All Other CompensationDonald A. MoulJeffrey J. LyashThomas C. RiceJohn M. Thomas, III Matthew M. RasmussenRebecca C. ToleneJeremy P. FisherTimothy S. RauschDavid B. Fountain401(k) Matching Contribution$15,525 $15,525 $15,525 $13,527 $15,525 $15,525 $15,525 $15,525 $15,525 Non-Elective 401(k) Contribution15,525 15,525 10,350 10,350 10,350 10,350 10,350 15,525 15,525 Restoration Plan Contributions— — 70,493 — 47,