How Kalnin was paid
$5.9M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Christopher P. KalninChief Executive Officer | $795,386 | — | $3,411,014 | $1,676,401 | $21,000 | $5,903,801 |
| Eric S. JacobsenPresident — Upstream | $520,385 | $1,000,000 | $1,949,144 | $816,354 | $21,000 | $4,306,883 |
| Dilanka SeimonChief Commercial Officer | $364,000 | $1,000,000 | $1,563,219 | $497,537 | $21,000 | $3,445,756 |
What changed and why
- $5.9MChief Executive Officer total compensation increased to $5,903,801 in 2025 from $4,518,960 in 2024.
- $1MEric S. Jacobsen received a one-time cash retention bonus of $1,000,000 in connection with his transition to President — Upstream.
- $1MDilanka Seimon received a one-time cash sign-on bonus of $1,000,000 upon joining the company as Chief Commercial Officer.
- Stock awards granted in 2025 included time-restricted stock units and performance-restricted stock units.
- Stock options are not a part of the executive compensation program.
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.