How Napierski was paid
$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.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Ryan S. NapierskiPresident and Chief Executive Officer | $1,008,082 | $4,616,823 | $219,250 | $121,050 | $5,965,206 |
| James D. ThomasFormer EVP and Chief Financial Officer | $491,616 | $1,058,030 | $80,574 | $77,782 | $1,708,003 |
| Chayce D. ClarkEVP and General Counsel | $584,041 | $1,683,225 | $95,374 | $89,595 | $2,452,235 |
| Steven K. HatchettEVP and Chief Product Officer | $431,616 | $961,851 | $70,708 | $49,559 | $1,513,735 |
| Justin S. KeiselEVP and President of Global Sales | $440,589 | $769,478 | $76,463 | $57,921 | $1,344,451 |
What changed and why
- $6MCEO total compensation decreased slightly to $5,965,206 for 2025 reflecting reduced base salaries and lower incentive payouts.
- 22%Financial performance goals for cash incentives fell below minimum levels resulting in a 22% payout based on strategic goals.
- Base salaries of each named executive officer were reduced in the first quarter of 2025 due to cost management.
- 200%The 2025 performance-based restricted stock unit awards were earned at the maximum level of 200% for the first tranche.
- 97%Stockholders strongly supported executive compensation with 97% of votes cast in favor at the 2025 annual meeting.
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.