How Andrus was paid
$5.1M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Jeremy AndrusChief Executive Officer | $750,000 | $3,417,586 | $956,250 | $14,900 | $5,138,736 |
| Michael (Joey) HordChief Financial Officer | $420,173 | $766,713 | $270,938 | $351,152 | $1,808,976 |
| Jim HardyFormer President of Apption Labs Limited | $417,629 | $1,062,795 | — | $25,756 | $1,506,179 |
What changed and why
- $750KCEO Jeremy Andrus received a base salary of $750,000 after previously earning $0 following the company IPO.
- 85%Annual cash incentive bonuses were paid at 85% of target following board assessment.
- Michael Hord was promoted to Chief Financial Officer effective March 6, 2025.
- Jim Hardy transitioned from President of Apption Labs to a non-executive advisory role.
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.