How Woods was paid
$761,750 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 | Other | Total |
|---|---|---|---|---|
| Gregory A. WoodsPresident and CEO | $472,563 | $238,505 | $50,682 | $761,750 |
| Michael J. NataliziaChief Technology Officer and Vice President – Technical & Strategic Alliances | $259,938 | $30,334 | $5,986 | $296,258 |
| Thomas W. CarllSenior Vice President, General Manager – Aerospace | $225,800 | $26,833 | $7,672 | $260,305 |
| David S. SmithFormer Vice President, CFO and Treasurer | $187,296 | $238,886 | $251,424 | $677,606 |
What changed and why
- $762K$761,750 was Gregory A. Woods’s total compensation for 2025, down from $1,286,106 in 2024.
- $239K$238,505 of Woods’s 2025 compensation was stock awards, compared with $688,871 in 2024.
- $251K$251,424 of David Smith’s other compensation included $176,613 in severance payments actually paid.
- $157K$156,885 of Smith’s stock-award value represented incremental fair value from accelerated vesting after termination.
- $382K$381,600 was Woods’s target award under the Senior Executive Short-Term Incentive Plan.
- No named executive officer earned a non-equity incentive payout for 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.