How Gellert was paid
$2.7M 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 | Incentive | Other | Total |
|---|---|---|---|---|---|
| John GellertPresident and Chief Executive Officer | $600,000 | $1,360,322 | $750,000 | $14,000 | $2,724,322 |
| Jesús LlorcaExecutive Vice President and Chief Financial Officer | $375,000 | $1,095,846 | $625,000 | $14,000 | $2,109,846 |
| Andrew H. Everett IISenior Vice President, General Counsel and Secretary | $325,000 | $566,841 | $525,000 | $14,000 | $1,430,841 |
| Gregory RossmillerSenior Vice President and Chief Accounting Officer | $325,000 | $529,058 | $450,000 | $14,000 | $1,318,058 |
What changed and why
- $2.7MCEO John Gellert received total compensation of $2,724,322 for fiscal 2025, decreasing from $3,758,334 in 2024.
- $1.4MStock awards for the CEO were $1,360,322, based on grant date fair value under FASB ASC Topic 718.
- $750KNon-equity incentive plan compensation for the CEO was $750,000 for fiscal 2025.
- 54%At the 2025 annual meeting, 54% of votes cast supported the say-on-pay advisory resolution.
- 34.5%The Compensation Committee conducted stockholder outreach to twenty institutional investors representing 34.5% of common shares.
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.