How Foroughi was paid
$13M 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 |
|---|---|---|---|---|
| Adam ForoughiChief Executive Officer | $400,000 | $12,558,866 | $10,135 | $12,969,001 |
| Matthew StumpfChief Financial Officer | $400,000 | $12,558,866 | $27,324 | $12,986,191 |
| Vasily ShikinChief Technology Officer | $400,000 | $12,558,866 | $437,075 | $13,395,941 |
| Victoria ValenzuelaChief Administrative & Legal Officer and Corporate Secretary | $400,000 | $12,558,866 | $57,000 | $13,015,866 |
What changed and why
- $13MChief Executive Officer Adam Foroughi received total compensation of $12,969,001 in fiscal 2025.
- $400KThe base salary cap for executive officers has been maintained at $400,000 since before the 2021 initial public offering.
- No annual cash bonuses were awarded to executive officers as the company emphasizes equity compensation.
- The ratio of the CEO annual total compensation to the median employee total compensation was 97 to 1.
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.