How Wood was paid
$2.8M in total for fiscal 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 | Other | Total |
|---|---|---|---|---|
| John B. WoodChairman, President and CEO | $600,000 | $2,200,075 | $48,200 | $2,848,275 |
| Mark BendzaExecutive V.P., CFO | $410,000 | $916,697 | $9,384 | $1,336,081 |
| Mark G. GriffinExecutive V.P., Security Solutions | $411,255 | $916,697 | $14,384 | $1,342,336 |
| Hutch RobbinsExecutive V.P., General Counsel | $385,000 | $733,358 | $49,424 | $1,167,782 |
| Malcolm G. CookeV.P., Chief Information Technology Officer | $286,914 | $366,682 | $11,379 | $644,975 |
What changed and why
- $18.1MCEO total compensation decreased from $18,082,345 in 2024 to $2,848,275 in 2025.
- $2.2MStock awards for the CEO decreased to $2,200,075 compared to $17,239,419 in the prior year.
- Annual Incentive Plan awards earned for 2025 performance were paid as stock grants in 2026.
- 92.9%Stockholders approved the previous say-on-pay proposal with 92.9% of votes cast in favor.
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.