How Lux was paid
$6.2M 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 |
|---|---|---|---|---|---|
| Neal A. LuxPresident and Chief Executive Officer | $717,769 | $4,232,105 | $1,196,463 | $17,000 | $6,163,337 |
| D. Lyle WilliamsEVP and Chief Financial Officer | $502,385 | $1,762,349 | $619,408 | $17,500 | $2,901,642 |
| John C. IvascuEVP, General Counsel, Chief Compliance Officer and Corporate Secretary | $398,490 | $1,079,218 | $473,304 | $17,000 | $1,968,012 |
What changed and why
- $6.2MCEO total compensation increased to $6,163,337 in 2025 from $5,061,976 in 2024.
- 139%FET stock price increased 139% in 2025.
- $80MFree cash flow reached $80 million, outperforming the $59 million target.
- $86MAdjusted EBITDA reached $86 million compared to the $85 million target.
- 110%CEO target bonus increased from 110% to 115% of base salary.
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.