KALA BIO (KALA) executive compensation, 2025 proxy

Mark Iwicki, Former Chief Executive Officer, was paid $1.5M in 2024, down 82% from $8.3M the year before.

Filed
December 30, 2025
Annual meeting
January 30, 2026
Pay year
2024
Named executives
3
CEO total pay
$1.5M-82% vs prior year
CEO pay in equity
32%$477,728 in awards
Prior say-on-pay support
77%of votes cast
CEO Target Bonus
60%Expressed as percentage of base salary
Say-on-Pay Support
77.2%At previous annual meeting

How Iwicki was paid

$1.5M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary48%Bonus20%Stock awards7%Option awards25%All other compensation0%

Named executive officers

ExecutiveTotal
Mark IwickiFormer Chief Executive Officer$1,491,187
Todd BazemoreFormer Interim Chief Executive Officer, Former President and Chief Operating Officer$949,550
Kim Brazzell, Ph.D.Head of Research and Development and Chief Medical Officer$920,687

What changed and why

  • $1.5MFormer CEO Mark Iwicki received total compensation of $1,491,187 in 2024.
  • 70%Discretionary annual bonuses were awarded at 70% of each individual's target bonus opportunity.
  • Stock awards granted in 2024 reflected the aggregate grant date fair value of RSUs.
  • Option awards were valued using a Black-Scholes option pricing model.
  • Settlement agreements in November 2025 provided cash settlement payments in exchange for waiving contractual severance rights.

Other KALA BIO proxy statements

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.