How Richman was paid
$941,692 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Michael RichmanPresident and Chief Executive Officer | $609,258 | $189,170 | $122,000 | $21,264 | $941,692 |
| Udayan Guha, M.D., Ph.D.Chief Medical Officer | $474,192 | $72,672 | $76,200 | $16,175 | $639,239 |
| Timothy Mayer, Ph.D.Chief Operating Officer | $468,429 | $72,672 | $75,100 | $16,980 | $633,181 |
What changed and why
- $1.5MCEO total compensation decreased from $1,510,939 in 2024 to $941,692 in 2025.
- 40%Corporate performance goals achieved 40% of target payout for annual cash incentives.
- Option awards were granted in January 2025 reflecting long-term performance incentives.
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.