How Sardano was paid
$1.4M 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 | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Joseph C. SardanoChief Executive Officer | $600,000 | $750,000 | — | $67,860 | $1,417,860 |
| Michael SardanoPresident, General Counsel, Chief Commercial Officer, and Corporate Secretary | $500,000 | $500,000 | $153,200 | $60,717 | $1,213,917 |
| Javier RampollaChief Financial Officer | $400,000 | $300,000 | — | $52,710 | $752,710 |
What changed and why
- $1.4MChief Executive Officer Joseph C. Sardano received total compensation of $1,417,860 for 2025, an increase from $1,268,030 in 2024.
- $600KBase salary for Chief Executive Officer Joseph C. Sardano rose to $600,000 in 2025 from $500,000 in 2024.
- $750KBonus for Chief Executive Officer Joseph C. Sardano increased to $750,000 in 2025 compared to $700,000 in 2024.
- Named executive officers were each provided with written employment agreements containing automatic one-year renewal provisions.
- Severance benefits under employment agreements include separation allowances and accelerated equity vesting upon termination without cause.
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.