How Souza was paid
$8.7M 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 |
|---|---|---|---|---|---|---|
| Marcio SouzaPresident and Chief Executive Officer | $659,200 | $2,368,125 | $3,691,125 | $1,483,200 | $506,998 | $8,708,648 |
| Timothy KellyChief Financial Officer | $526,845 | $789,375 | $1,230,375 | $632,215 | $22,384 | $3,201,194 |
| Alex NemiroffGeneral Counsel | $456,228 | $710,438 | $1,107,338 | $547,474 | $22,305 | $2,843,783 |
What changed and why
- $8.7M$8,708,648 was CEO total compensation in 2025, down from $13,427,668 in 2024.
- $507K$506,998 of CEO other compensation included a $260,000 apartment reimbursement and $210,790 in related tax gross-ups.
- 2025 bonuses were based on achievement of corporate objectives and paid through non-equity incentive compensation.
- 61%61% of votes cast supported the 2025 say-on-pay proposal, versus 71% for 2024.
- 2026 equity awards introduced performance-based restricted stock units tied to clinical, regulatory and revenue milestones.
- $371K23:1 was the CEO-to-median-employee pay ratio, with median employee compensation of $371,291.
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.