How Ph.D was paid
$971,696 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 | Other | Total |
|---|---|---|---|---|---|---|
| Brian M. Strem, Ph.DPresident and Chief Executive Officer | $582,131 | $254,224 | $46,707 | $85,590 | $3,044 | $971,696 |
| Eric J. Daniels, MD, MBAFormer Chief Development Officer | $452,717 | $144,844 | $22,772 | $41,725 | $295,446 | $957,504 |
| Melissa ToscaChief Financial Officer | $344,777 | $104,415 | $22,772 | $41,725 | $3,044 | $516,733 |
What changed and why
- $972K$971,696 was CEO Brian Strem’s 2025 total compensation, up from $954,883 in 2024.
- $254K$254,224 was Strem’s 2025 discretionary bonus, compared with $268,787 in 2024.
- $46,707$46,707 in stock awards and $85,590 in option awards were granted to Strem in 2025.
- 55%CEO bonus target increased to 55% of annual base salary effective July 1, 2024.
- $295K$295,446 was Eric Daniels’s 2025 all-other compensation, including relocation compensation.
- Performance bonuses and equity awards formed the principal variable compensation components for named executives.
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.