How Lettmann was paid
$2.5M 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 | Options | Other | Total |
|---|---|---|---|---|---|
| Jason LettmannChief Executive Officer | $724,500 | $1,447,488 | $298,856 | — | $2,470,844 |
| Harish ShantharamChief Financial Officer | $464,479 | $1,084,281 | $151,913 | — | $1,700,673 |
| Shelly WongSenior Vice President, Finance and Chief Accounting Officer | $435,592 | $361,939 | $142,874 | — | $940,405 |
| Jaume Pons, Ph.D.Former President and Chief Scientific Officer | $259,199 | $64,530 | — | $650,000 | $973,729 |
What changed and why
- $6.6MCEO total compensation decreased from $6,640,830 in 2024 to $2,470,844 in 2025.
- $3.2MStock awards for the CEO decreased from $3,168,000 in 2024 to $1,447,488 in 2025.
- $2.5MOption awards for the CEO decreased from $2,480,230 in 2024 to $298,856 in 2025.
- Harish Shantharam joined the company as Chief Financial Officer in January 2025.
- $650KJaume Pons received a severance payment of $650,000 following his departure in April 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.