How Davis was paid
$6.5M 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Paul E. DavisChief Executive Officer | $662,500 | $4,526,022 | $1,228,231 | $37,754 | $6,454,507 |
| Keith A. JonesChief Financial Officer | $463,750 | $1,982,521 | $641,410 | $49,345 | $3,137,026 |
| Kevin TanjiChief Legal Officer & Corporate Secretary | $436,250 | $1,734,800 | $488,295 | $36,822 | $2,696,167 |
| Dr. Mark KokesChief Licensing Officer & General Manager, Media | $433,750 | $1,734,800 | $480,375 | $35,639 | $2,684,564 |
| Dana EscobarChief Licensing Officer & General Manager, Semiconductor | $421,250 | $1,734,800 | $420,649 | $39,525 | $2,616,224 |
What changed and why
- $6.5MChief executive officer total compensation decreased to $6,454,507 in 2025 due to structuring of performance stock units.
- 98%Over 98% of votes cast approved the say-on-pay proposal at the 2025 annual meeting.
- Performance stock unit awards were split into tranches, with certain performance goals established in later years.
- $625KChief executive officer base salary increased from $625,000 in 2024 to $662,500 in 2025.
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.