How Read was paid
$1.7M in total for fiscal 2026, 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 |
|---|---|---|---|---|---|---|
| Rory ReadPresident and Chief Executive Officer | $675,000 | — | $985,500 | — | $4,200 | $1,664,700 |
| Anthony ColettaChief Financial Officer | $146,551 | — | $5,135,597 | $193,752 | — | $5,476,763 |
| Joy CorsoChief Administrative Officer | $475,000 | — | $10,602,293 | $624,150 | $4,200 | $11,705,643 |
| Sanjay MacwanChief Information Officer | $312,196 | $50,000 | $4,455,200 | $233,389 | $3,361 | $5,054,146 |
| Karthik SuriChief Product and Corporate Strategy Officer | $134,615 | $500,000 | $7,114,349 | $161,445 | $1,115 | $7,911,525 |
| Manish SarinFormer Chief Financial Officer | $307,692 | — | $4,083,500 | — | $453,856 | $4,845,048 |
| Scott MillardFormer Chief Revenue Officer | $65,160 | $71,154 | $7,982,653 | — | — | $8,118,967 |
What changed and why
- $1.7M$1,664,700 was CEO total compensation in fiscal 2026, versus $41,970,485 in fiscal 2025.
- 95.6%95.6% of votes cast supported say-on-pay at the 2025 annual meeting.
- Fiscal 2026 bonus goals measured total revenue and non-GAAP operating income.
- Base salaries received no merit increases as the committee prioritized long-term financial health.
- Fiscal 2026 annual bonuses were reduced below formulaic amounts using committee discretion.
- No fiscal 2026 equity awards were granted to Mr. Read under his employment agreement.
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.