How Cooper was paid
$563,377 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 | Total |
|---|---|---|---|
| Kelvin CooperCEO | $190,417 | $372,960 | $563,377 |
| Peter CeccacciCFO | $160,000 | $372,960 | $532,960 |
| Thomas BalzerCMO | $177,917 | $310,800 | $488,717 |
| Peter B. CorrExecutive Chair | $48,000 | — | $48,000 |
What changed and why
- $563K$563,377 CEO total compensation in 2025 decreased from $705,975 in 2024.
- $373K$372,960 of CEO compensation was stock option grant-date fair value.
- $190K$190,417 CEO salary in 2025 decreased from $409,167 in 2024.
- 2025 bonuses were shown as dashes for all named executive officers.
- 45%45% of base salary was the CEO's targeted annual discretionary bonus.
- 2025 stock options for Cooper and Ceccacci vested immediately upon grant.
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.