How Kobos was paid
$6.1M 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 |
|---|---|---|---|---|---|
| Steven M. KobosPresident and Chief Executive Officer | $850,000 | $3,988,484 | $1,250,350 | $15,980 | $6,104,814 |
| Dana A. ArmstrongEVP & Chief Financial Officer | $475,001 | $1,372,379 | $516,920 | $14,690 | $2,378,990 |
| David A. LinerEVP & Chief Operating Officer | $480,000 | $1,115,835 | $494,260 | $24,270 | $2,114,365 |
| Oliver L. SimpsonEVP & Chief Commercial Officer | $460,000 | $864,719 | $439,830 | $24,372 | $1,788,922 |
| Alisa Newman HoodEVP & General Counsel | $470,000 | $726,169 | $477,380 | $14,690 | $1,688,240 |
What changed and why
- $167MNet income reached record levels at $167 million in fiscal 2025.
- $449MAdjusted EBITDA rose to $449 million, reflecting an increase of approximately $100 million over fiscal 2024.
- $6.1MCEO total compensation increased to $6,104,814 in fiscal 2025 from $5,438,007 in fiscal 2024.
- Short-term incentives were earned based on Incentive Adjusted EBITDA, business development, safety, and strategic goals.
- Long-term incentives consisted of RSUs and PSUs tied to absolute and relative total shareholder return.
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.