How Lederman was paid
$3.2M 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 | Options | Total |
|---|---|---|---|---|
| Seth LedermanChief Executive Officer | $702,000 | $596,700 | $1,870,130 | $3,168,830 |
| Jessica MorrisChief Operations Officer | $522,912 | $261,450 | $441,907 | $1,226,269 |
| Bradley SaengerChief Financial Officer | $502,944 | $251,450 | $389,119 | $1,143,513 |
| Gregory SullivanChief Medical Officer | $519,168 | $259,600 | $437,774 | $1,216,542 |
What changed and why
- $3.2MSeth Lederman received total compensation of $3,168,830 in fiscal 2025 compared to $1,809,767 in fiscal 2024.
- Option awards comprised the largest component of executive compensation for named executive officers in 2025.
- Annual option grants were determined independently of material nonpublic information releases.
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.