How Goodnow was paid
$3.3M 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 |
|---|---|---|---|---|---|---|
| Timothy T. GoodnowPresident and Chief Executive Officer | $635,000 | $1,022,500 | $1,022,500 | $613,000 | $54,959 | $3,347,959 |
| Mukul Jain, Ph.D.Chief Operating Officer | $511,000 | $500,000 | $500,000 | $369,720 | $64,446 | $1,945,166 |
| Frederick (“Rick”) SullivanChief Financial Officer | $430,000 | $350,000 | $350,000 | $201,240 | $61,359 | $1,392,599 |
What changed and why
- $3.3MCEO total compensation increased slightly to $3,347,959 in 2025.
- 3.6%Base salaries increased by approximately 3.6% for executive officers.
- Equity awards in 2025 included a combination of restricted stock units and stock options.
- 100%Corporate goals achievement resulted in 100% payout of target bonuses.
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.