How Jensen was paid
$1.5M 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 | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Thomas H. JensenChief Executive Officer | $647,383 | $355,500 | $400,701 | $55,366 | $1,458,950 |
| Jeffrey S. ErvinChief Financial Officer | $119,617 | $35,982 | — | $2,932 | $158,531 |
| Jeremy R. GraffPresident and Chief Development Officer | $494,000 | $222,300 | $145,885 | $46,633 | $908,818 |
| Steen KnudsenChief Scientific Officer | $168,350 | $68,452 | — | — | $236,802 |
| Alexander EpshinskyFormer Chief Financial Officer | $176,800 | — | $206,746 | — | $383,546 |
What changed and why
- $1.5MThomas H. Jensen received total compensation of $1,458,950 for fiscal year 2025, an increase from $791,600 in 2024.
- $647KThe CEO base salary and fees component totaled $647,383, supplemented by $355,500 in bonus compensation.
- $401KStock awards granted to the CEO amounted to $400,701 in 2025.
- $55,366All other compensation for the CEO reached $55,366 during the year.
- Jeffrey S. Ervin became Chief Financial Officer on a full-time basis in December 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.