Ocular Therapeutix (OCUL) executive compensation, 2026 proxy

Pravin U. Dugel, M.D., Executive Chair, President and Chief Executive Officer, was paid $35.9M in 2025, up 94% from $18.6M the year before. The CEO-to-median-employee pay ratio was 145:1, on median employee pay of $247,396.

Filed
April 30, 2026
Annual meeting
June 10, 2026
Pay year
2025
Named executives
5
CEO total pay
$35.9M+94% vs prior year
CEO to median employee
145:1median $247,396
CEO pay in equity
95%$34.2M in awards
Prior say-on-pay support
75%of votes cast
CEO Total Compensation
$35,946,958Includes large special equity awards
CEO to Median Pay Ratio
145:1Based on median employee pay of $247,396
Say-on-Pay Support
74.9%At the 2025 annual meeting

How M.D. was paid

$35.9M 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.

Salary2%Bonus2%Stock awards52%Option awards43%All other compensation0%

Named executive officers

ExecutiveTotal
Pravin U. Dugel, M.D.Executive Chair, President and Chief Executive Officer$35,946,958
Donald NotmanChief Operating Officer and Chief Financial Officer$3,670,959
Nadia Waheed, M.D.Chief Medical Officer$4,378,925
Sanjay Nayak, M.B.B.S., Ph.D.Chief Strategy Officer$3,463,405
Steve MeyersChief Commercial Officer$2,550,269

What changed and why

  • $35.9MDr. Dugel total compensation reached $35,946,958 in fiscal 2025 following special equity grants.
  • No portion of the CEO performance-based stock option or stock units had been earned by year-end 2025.
  • The CEO received no equity awards at the end of 2025 or early 2026.
  • 74.9%Stockholders supported the prior say-on-pay proposal with 74.9 percent of votes cast.

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.