How Piconi was paid
$6.4M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Robert PiconiChief Executive Officer | $901,164 | $1,573,629 | $2,383,250 | $1,247,277 | $327,411 | $6,432,731 |
| Michael BeerChief Financial Officer | $375,000 | — | $95,330 | $408,375 | $12,250 | $890,955 |
| Akshay LadwaChief Development and Operations Officer | $454,908 | $204,351 | $810,305 | $371,546 | $3,053 | $1,844,163 |
What changed and why
- $7MCEO total compensation decreased from $7,042,895 in 2024 to $6,432,731 in 2025.
- 108.9%Corporate objectives were achieved at 108.9% of target.
- $734KCEO received retention bonuses totaling $733,503 and a discretionary bonus component of $840,126.
- Named executive officer equity awards in 2025 consisted of restricted stock units.
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.