How Ph.D. was paid
$1.3M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| C. Randal Mills, Ph.D.President and Chief Executive Officer | $600,000 | $738,000 | $378,000 | $6,284 | $1,344,284 |
| Matthew FergusonChief Financial Officer | $385,000 | $0 | $355,163 | $6,864 | $747,027 |
| Michelle Williams, Ph.D.Chief Scientific Officer | $355,000 | $327,488 | $327,488 | $6,214 | $688,702 |
What changed and why
- $1.3MPresident and Chief Executive Officer C. Randal Mills received total compensation of $1,344,284 for 2025.
- $600KCEO base salary remained unchanged at $600,000 for the fiscal year ended December 31, 2025.
- Non-equity incentive plan compensation included combined bonus payouts related to both 2024 and 2025 performance.
- $738KOption awards for the CEO were valued at $738,000 in grant-date fair value for 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.