How Ph.D. was paid
$738,500 in total for fiscal 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 | Other | Total |
|---|---|---|---|
| Carl Spana, Ph.D.Chief Executive Officer and President | $721,000 | $17,500 | $738,500 |
| Stephen T. Wills, MST, CPAChief Financial Officer, Chief Operating Officer and Executive Vice President | $670,000 | $17,960 | $687,960 |
What changed and why
- $739K$738,500 CEO total compensation in fiscal 2025 fell from $1,448,350 in fiscal 2024.
- $0$0 revenue was reported for fiscal 2025, compared with $4,490,090 in fiscal 2024.
- No cash bonuses, stock options, or restricted stock units were awarded to named executives in fiscal 2025.
- 60%60% of base salary was the target annual cash bonus opportunity for each named executive officer.
- 100%100% of base salary was the general target for long-term equity incentives, with at least 50% performance-based.
- 77%77% of votes cast supported the prior fiscal year’s say-on-pay proposal.
Other Palatin Technologies proxy statements
- 2025 proxy statement
Carl Spana, Ph.D. paid $1.4M (+11% on the year).
Filed Jun 30, 2025
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.