How Lindborg was paid
$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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Stacy LindborgPresident & CEO | $568,139 | $104,000 | $357,210 | — | $1,029,349 |
| Michael TardugnoExecutive Chairman & former interim CEO | $350,673 | $34,674 | $210,000 | $10,552 | $605,899 |
| Douglas Faller, MDChief Medical Officer | $387,692 | $76,871 | $113,400 | $11,847 | $589,810 |
What changed and why
- $1M2025 CEO total compensation was $1,029,349, compared with $1,189,339 in 2024.
- 100%100% of base salary was Stacy Lindborg’s targeted annual performance bonus.
- 40%40% of base salary was Douglas Faller’s targeted annual performance bonus.
- 6,667 inducement options were issued to Faller upon joining in February 2025.
- 2025 incentive bonuses were approved and paid in the first quarter of 2026.
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.