Here are the DEF 14A proxy statements from BT Brands, Inc. Warrant (BTBDW) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow BTBDW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BTBDW filings page.
BT Brands, Inc. is holding its 2026 annual stockholder meeting on June 19, 2026 in Manchester, Vermont to elect four directors for one-year terms. Stockholders of record at the May 29, 2026 record date, when 6,184,724 shares were outstanding, are entitled to one vote per share.
The board has four members, three of whom are independent under Nasdaq rules, and operates audit and compensation committees led by independent directors. In 2025, CEO Gary Copperud earned a $250,000 salary and the COO/CFO earned $150,000, with no bonuses or equity awards.
BT Brands reported a 2025 net loss of $687,839 alongside restaurant-level EBITDA of $1,720,909. The proxy details a related-party investment in NGI Corporation that was fully written down by a $304,000 impairment, and foreclosure on NGI collateral yielding about $574,000 of bottle inventory. The independent auditor, Boulay PLLP, billed $207,000 in 2025 audit fees and $89,530 for other services.