Solana (HSDT) executive compensation, 2025 proxy

Dane C. Andreeff, President and Chief Executive Officer, was paid $1.3M in 2024, down 22% from $1.6M the year before.

Filed
October 14, 2025
Annual meeting
October 30, 2025
Pay year
2024
Named executives
3
CEO total pay
$1.3M-22% vs prior year
CEO salary
$402,000Up from $386,000
CEO option award
$682,760808,000 options granted
CFO total compensation
$874,0242024 total
CMO total compensation
$755,4512024 total
CFO target bonus
40%Percentage of annual salary
CMO target bonus
35%Percentage of annual salary

How Andreeff was paid

$1.3M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary32%Option awards54%Non-equity incentive12%All other compensation3%

Named executive officers

ExecutiveTotal
Dane C. AndreeffPresident and Chief Executive Officer$1,269,419
Jeffrey S. MathiesenChief Financial Officer, Treasurer and Secretary$874,024
Antonella Favit-Van PeltChief Medical Officer$755,451

What changed and why

  • $1.3M$1,269,419 CEO total compensation in 2024, down from $1,635,226 in 2023.
  • 4%4% base-salary increase was approved for executives to account for cost-of-living increases.
  • 83%83% of fiscal 2024 performance targets were met, determining named executive bonus payments.
  • $683K$682,760 in CEO option awards represented the largest 2024 equity grant among named executives.
  • 50%50% CEO target bonus was specified under the employment agreement, with payment partly permitted in equity.
  • Corporate objectives covered regulatory, revenue, financing, clinical research, development and manufacturing-transition goals.

Other Solana proxy statements

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.