How Kashani was paid
$4.7M 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 | Total |
|---|---|---|---|
| Ali KashaniChief Executive Officer | $458,000 | $4,199,064 | $4,657,064 |
| Touraj ParangPresident and Chief Operating Officer | $442,667 | $2,896,321 | $3,338,988 |
| Brian ReadChief Financial Officer | $384,000 | $1,986,272 | $2,370,272 |
What changed and why
- $4.7MChief executive officer total compensation decreased to $4,657,064 in fiscal year 2025 from $8,681,667 in the prior year.
- Base salaries for executive officers were increased effective July 22, 2025, to align with peer group studies.
- Restricted stock unit awards were granted to executives on July 22, 2025, with quarterly vesting schedules.
- No stock options were granted to named executive officers during fiscal year 2025.
- Time-based and milestone-based awards held by executives continued vesting according to their respective amended terms.
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.