How Pauls was paid
$4.8M 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 |
|---|---|---|---|---|---|---|
| Matthew PaulsChief Executive Officer | $660,000 | $3,870,000 | — | $297,000 | $18,000 | $4,845,000 |
| Yasmine WasfiChief Medical Officer | $476,728 | $1,691,850 | $246,742 | $186,850 | $18,000 | $2,620,170 |
| Robert LutzChief Operating Officer | $471,000 | $1,612,500 | — | $176,625 | $18,000 | $2,278,125 |
| David LowranceChief Financial & Administrative Officer & Secretary | $471,000 | $1,612,500 | — | $176,625 | $18,000 | $2,278,125 |
What changed and why
- $4.8MMatthew Pauls received a total compensation of $4,845,000 for fiscal year 2025, slightly lower than the prior year.
- $3.9MStock awards for the CEO increased significantly to $3,870,000 while option awards were $0 in 2025.
- $297KNon-equity incentive plan compensation of $297,000 was awarded to the CEO based on annual performance.
- $520KThe median employee annual total compensation was $519,951 resulting in a CEO to median employee pay ratio of 9.3 to 1.
- 97%Stockholders strongly supported executive compensation at the prior annual meeting with approximately 97% approval.
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.