How Magrath was paid
$1.5M 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 | Bonus | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|---|
| Dr. George MagrathChief Executive Officer | $598,000 | — | $307,548 | $212,045 | $361,790 | $14,000 | $1,493,383 |
| Joseph SchachleChief Operating Officer | $416,000 | — | $48,825 | $33,663 | $205,920 | $14,000 | $718,408 |
| Dr. Ashwath JayagopalChief Scientific and Development Officer | $416,000 | $50,000 | $48,825 | $33,663 | $205,920 | $10,440 | $764,848 |
What changed and why
- $1.5MDr. George Magrath received total compensation of $1,493,383 for 2025.
- 110%Named executive officers achieved 110% of their target bonuses based on corporate objectives.
- $575KDr. Magrath's base salary increased from $575,000 to $598,000 for 2025.
- Executive compensation programs feature base salary, annual cash bonuses, and equity awards.
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.