How Davis was paid
$20.9M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|---|
| Mark DavisChief Executive Officer | $621,370 | $4,000,000 | $3,750,000 | $3,750,000 | $8,751,050 | $24,662 | $20,897,082 |
| Rodd BoothChief Financial Officer | $307,123 | — | $750,000 | $750,000 | $281,644 | $17,362 | $2,106,129 |
| Sam SeiberlingChief Legal Officer | $285,753 | — | $771,385 | $750,000 | $187,763 | $8,427 | $2,003,328 |
What changed and why
- $20.9MMark Davis received a total compensation of $20,897,082 for fiscal year 2025.
- $4MA $4,000,000 retention bonus was paid to the CEO upon the consummation of the IPO.
- $8MAn RCC Award of $8,000,000 was earned by the CEO based on adjusted EBITDA and IPO valuation goals.
- 103%Annual cash incentives were paid based on the Company achieving 103% of the target adjusted EBITDA goal.
- In connection with the IPO, annual base salaries for named executive officers were increased.
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.