How Soreq was paid
$7.7M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Avigal SoreqChief Executive Officer and President | $900,000 | — | $4,832,195 | $1,895,544 | $56,047 | $7,683,786 |
| Mark HobbsEVP, CFO | $546,923 | $200,000 | $1,073,793 | $740,512 | $52,843 | $2,614,071 |
| Joseph IsraelEVP, President of Refining and Renewables | $600,000 | — | $1,288,557 | $812,376 | $49,677 | $2,750,610 |
| Denise McWattersEVP, GC and Corp Secretary | $470,002 | — | $749,975 | $530,303 | $60,079 | $1,810,359 |
| Reuven SpiegelEVP, Special Projects | $560,577 | $300,000 | $799,948 | $758,999 | $349,909 | $2,769,432 |
| Robert WrightEVP, Dep. CFO | $437,692 | — | $697,838 | $493,848 | $58,781 | $1,688,160 |
What changed and why
- $7.7MAvigal Soreq received total compensation of $7,683,786 for fiscal year 2025.
- Stock awards for executive officers included performance-based and time-vesting restricted stock units.
- 150%Payouts under the 2025 Annual Incentive Plan were approved at 150% of target.
- 300%Enterprise Optimization Plan targets were certified as achieved, resulting in payouts at 300% of target.
- 96%More than 96% of the votes cast were in favor of executive compensation in 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.