How Meckler was paid
$2.2M 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 | Incentive | Other | Total |
|---|---|---|---|---|
| Jeffrey A. MecklerCo-Chief Executive Officer | $458,646 | $297,500 | $1,441,025 | $2,197,171 |
| David E. LazarCo-Chief Executive Officer | — | — | — | — |
| Walt A. Linscott, Esq.Chief Operating Officer | $491,000 | $245,500 | $1,217,370 | $1,953,870 |
| Michael J. NewmanChief Science Officer | $363,063 | $235,500 | $1,092,723 | $1,691,286 |
What changed and why
- $2.2MCEO total compensation increased to $2,197,171 in 2025 from $1,157,217 in 2024.
- Named executive officers entered into modification agreements waiving severance and future annual bonuses.
- Executives received cash and equity settlement payments under the modification agreements.
- No option grants were made to named executive officers during 2025.
- David E. Lazar was appointed as Co-Chief Executive Officer on December 23, 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.