How Hornby was paid
$1.6M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Zachary D. HornbyPresident, Chief Executive Officer, and Director | $638,000 | $628,350 | $333,355 | $3,500 | $1,603,205 |
| Robert Doebele, M.D., Ph.D.Chief Medical Officer | $458,508 | $333,000 | $183,333 | $3,500 | $978,341 |
| Christian Hassig, Ph.D.Chief Scientific Officer | $478,300 | $202,350 | $191,200 | $3,500 | $875,350 |
What changed and why
- $6.1MCEO total compensation decreased from $6,054,873 in 2024 to $1,603,205 in 2025 due to lower option award values.
- Base salaries for executive officers were increased effective January 1, 2025.
- $638KMr. Hornby received a base salary of $638,000 and option awards valued at $628,350 in 2025.
- 95%Annual performance bonuses for 2025 were funded at 95% of target for Mr. Hornby and 100% for other NEOs.
- Dr. Robert Doebele joined the company as Chief Medical Officer on February 3, 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.