Iridex (IRIX) executive compensation, 2026 proxy

Patrick Mercer, President, Chief Executive Officer and Chief Operating Officer, was paid $901,900 in 2025, down 19% from $1.1M the year before.

Filed
April 24, 2026
Annual meeting
June 12, 2026
Pay year
2025
Named executives
4
CEO total pay
$901,900-19% vs prior year
CEO pay in equity
11%$100,337 in awards

How Mercer was paid

$901,900 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.

Salary43%Stock awards3%Option awards8%Non-equity incentive32%All other compensation14%

Named executive officers

ExecutiveTotal
Patrick MercerPresident, Chief Executive Officer and Chief Operating Officer$901,900
Romeo DizonChief Financial Officer$526,214
Fuad AhmadFormer Interim Chief Financial Officer$133,200
Bassem BouHabibSenior Vice President of International Sales and Business Development$550,834

What changed and why

  • $902KPatrick Mercer received $901,900 in total compensation for fiscal year 2025.
  • $1.1MPatrick Mercer's prior year total compensation was $1,106,642.
  • Romeo Dizon was appointed Chief Financial Officer in March 2025.
  • Fuad Ahmad served as Former Interim Chief Financial Officer.

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.