How Townsend was paid
$3.7M 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 | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| R. Nolan TownsendChief Executive Officer and Director | $632,700 | $1,493,488 | $1,165,982 | $347,985 | $10,785 | $3,650,940 |
| Louis TamayoChief Financial Officer | $181,818 | $215,550 | $1,066,013 | $197,760 | $4,774 | $1,665,915 |
| Jenny R. Robertson, J.D.Former Chief Legal Officer | $459,600 | $485,613 | $407,444 | $183,840 | $609,386 | $2,145,883 |
What changed and why
- $3.7M2025 CEO total compensation was $3,650,940, compared with $4,375,248 in 2024.
- $633K2025 CEO salary was $632,700, while non-equity incentive compensation was $347,985.
- $1.5M2025 CEO stock and option awards totaled $1,493,488 and $1,165,982, respectively.
- $1.7MLouis Tamayo joined in August 2025 and received total compensation of $1,665,915.
- $609KJenny Robertson’s $609,386 in all other compensation included separation-related equity modifications and COBRA premiums.
- 55%Townsend’s 2026 annual target bonus is 55% of base salary; Tamayo’s is 40%.
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.