How Martell was paid
$2.5M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Jeet MahalChief Executive Officer and President; Former Chief Operating Officer | $498,000 | $679,549 | $112,050 | — | $1,289,599 |
| Herb CrossChief Financial Officer and Corporate Secretary | $493,000 | $679,549 | $110,925 | — | $1,283,474 |
| Ronald MartellFormer Chief Executive Officer and President | $727,272 | $1,766,827 | — | — | $2,494,099 |
| Edwin Tucker, M.D.Former Chief Medical Officer | $312,673 | $679,549 | — | $544,810 | $1,537,032 |
What changed and why
- 2,494,099 was Ronald Martell’s 2025 total compensation, down from 3,215,003 in 2024.
- 1,766,827 was Martell’s 2025 option-award value, with no non-equity incentive compensation reported.
- 1,289,599 was Jeet Mahal’s 2025 total compensation, including 112,050 in non-equity incentive compensation.
- 544,810 of Edwin Tucker’s 2025 compensation consisted of severance benefits, including COBRA premiums.
- 50%50% was Mahal’s 2026 target bonus percentage after becoming Chief Executive Officer and President.
- 93.7%93.7% of votes supported the company’s 2024 executive compensation at the 2025 annual meeting.
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.