How Vashist was paid
$14.3M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| Rajesh VashistChairman, President and Chief Executive Officer | $850,000 | $11,456,637 | $1,700,000 | $254,409 | $14,261,046 |
| Elizabeth A. HoweExecutive Vice President, Finance and Chief Financial Officer | $441,000 | $1,963,141 | $661,500 | $9,840 | $3,075,481 |
| Fariborz AssaderaghiExecutive Vice President, Engineering and Operations | $440,000 | $2,703,691 | $660,000 | $9,840 | $3,813,531 |
| Lionel BonnotExecutive Vice President, Worldwide Sales and Business Development | $440,000 | $2,163,100 | $1,273,000 | $9,410 | $3,885,510 |
| Piyush SevaliaExecutive Vice President, Chief Business Officer | $440,000 | $2,703,691 | $660,000 | $9,840 | $3,813,531 |
What changed and why
- $326.7MNet revenue for fiscal year 2025 increased 61% to $326.7 million from $202.7 million.
- 91%Approximately 91% of total 2025 target compensation for named executive officers is composed of equity awards.
- 94%Approximately 94% of the target total compensation for our Chief Executive Officer for 2025 was comprised of equity awards.
- 200%Bonuses for named executive officers were paid at 200% of target reflecting outstanding performance.
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.