How Doshi was paid
$3.8M 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 |
|---|---|---|---|---|---|---|
| Dipal DoshiChief Executive Officer | $635,000 | $1,387,428 | $1,452,059 | $349,250 | $14,000 | $3,837,737 |
| Natarajan Sethuraman Ph. D.President of Research and Development | $520,000 | $725,952 | $760,363 | $234,000 | $14,000 | $2,254,315 |
| Nathan J. DowdenPresident and Chief Operating Officer | $499,200 | $725,952 | $760,363 | $224,640 | $13,342 | $2,223,497 |
What changed and why
- $3.8MChief Executive Officer Dipal Doshi received total compensation of $3,837,737 in 2025, representing a slight decrease from 2024.
- $635KBase salaries for named executive officers were set at $635,000 for Mr. Doshi, $520,000 for Dr. Sethuraman, and $499,200 for Mr. Dowden.
- 100%Annual non-equity incentive plan bonuses were paid out based on corporate performance metrics achieved at 100% of target.
- 55%Target bonus opportunities were set at 55% of base salary for the CEO and 45% for the other named executive officers.
- Equity awards consisting of stock options and restricted stock units were granted to align executive interests with long-term performance.
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.