How Kumar 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 | Bonus | Options | Other | Total |
|---|---|---|---|---|---|
| Dr. Amit KumarChairman of the Board and Chief Executive Officer | $815,170 | $500,000 | $1,129,100 | $102,414 | $2,546,684 |
| Michael J. CatelaniPresident, Chief Operating Officer and Chief Financial Officer | $553,155 | $150,000 | $564,550 | $31,000 | $1,298,705 |
What changed and why
- $2.5MDr. Amit Kumar received total compensation of $2,546,684 for fiscal 2025, down from $3,476,037 in fiscal 2024.
- $1.1MOption awards for Dr. Kumar were valued at $1,129,100 in fiscal 2025 compared to $2,093,000 in fiscal 2024.
- $1.3MMichael J. Catelani received total compensation of $1,298,705 for fiscal 2025.
- No employment agreements are in place for the named executive officers, as they are at-will employees.
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.