How Sheikh was paid
$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 | Bonus | Stock | Options | Total |
|---|---|---|---|---|---|
| Khurram P. SheikhChief Executive Officer | $325,000 | $200,000 | $250,000 | $268,125 | $1,043,125 |
| Joy L. MbanugoChief Financial Officer | $250,000 | $0 | $100,000 | $60,000 | $410,000 |
What changed and why
- $1M2025 CEO total compensation was $1,043,125, down from $1,140,939 in 2024.
- $250K2025 CEO compensation included $250,000 in stock awards and $268,125 in option awards.
- 150%2025 bonus targets were 150% of base salary for Sheikh and 40% for Mbanugo.
- 100%2025 quarterly incentive payouts were 100%, 70%, 40% and 40%, respectively.
- 100%401(k) matching equals 100% of elective deferrals up to 4% of compensation.
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.