How Luci was paid
$729,385 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Pension | Other | Total |
|---|---|---|---|---|
| David P. LuciPresident and Chief Executive Officer | $550,000 | $154,000 | $25,385 | $729,385 |
| Robert J. DeLucciaExecutive Chairman | $550,000 | $154,000 | $67,727 | $771,727 |
| Robert G. ShawahChief Financial Officer | $400,000 | $89,628 | $13,854 | $503,482 |
What changed and why
- $729K$729,385 was CEO David Luci’s 2025 total compensation, down from $1,431,383 in 2024.
- $154K$154,000 was reported for each of Luci’s and DeLuccia’s nonqualified deferred compensation earnings.
- $12,500$12,500-option grants settled previously accrued 2024 bonuses for each named executive officer in 2025.
- 50%50% was the annual bonus target for Luci and DeLuccia; Shawah’s target was 40%.
- 10%10% salary reductions for Luci, DeLuccia and Shawah took effect in April 2026.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.