Lightwave Logic (LWLG) executive compensation, 2026 proxy

Yves LeMaitre, CEO, was paid $8.6M in 2025. The CEO-to-median-employee pay ratio was 56:1, on median employee pay of $152,806.

Filed
April 10, 2026
Annual meeting
May 21, 2026
Pay year
2025
Named executives
3
CEO total pay
$8.6M2025
CEO to median employee
56:1median $152,806
CEO pay in equity
91%$7.9M in awards
CEO Base Salary
$500,000New rate effective September 2025
CEO Annual Bonus
$300,000Awarded for 2025 performance
Median Employee Pay
$152,806Based on 35 full-time employees
CEO Pay Ratio
56:1Comparing CEO to median employee

How LeMaitre was paid

$8.6M 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.

Salary5%Bonus3%Stock awards91%All other compensation0%

Named executive officers

ExecutiveTotal
Yves LeMaitreCEO$8,614,697
Thomas E. ZeliborPresident$656,781
James S. MarcelliCFO, COO$722,444

What changed and why

  • $8.6MYves LeMaitre received total compensation of $8,614,697 for fiscal 2025 following his full year serving as CEO.
  • $500KYves LeMaitre received a base salary increase to $500,000 under a new employment agreement effective September 12, 2025.
  • James Marcelli and Tom Zelibor both retired from their executive officer positions effective December 31, 2025.
  • The company transitioned its long-term equity incentive program to performance-based restricted stock units and restricted stock units.
  • The ratio of the CEO annual total compensation to the median employee total compensation was 56 to 1.

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.