How Lennon was paid
$3.4M 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 | Options | Total |
|---|---|---|---|---|---|
| David LennonPresident and Chief Executive Officer | $676,504 | $390,000 | $1,318,907 | $973,664 | $3,359,075 |
| Scott GiacobelloChief Financial Officer | $501,561 | $220,000 | $805,633 | $594,747 | $2,121,941 |
| Bryan BallChief Technical Operations Officer | $477,455 | $210,000 | $623,104 | $459,997 | $1,770,556 |
What changed and why
- $3.4MDavid Lennon received total compensation of $3,359,075 in 2025 compared to $1,012,068 in 2024.
- $390KBonus payments of $390,000 were awarded under retention bonus letters for 2025.
- No cash bonuses were awarded for 2024 and 2025 under the Senior Executive Cash Incentive Bonus Plan.
- Stock and option awards for 2025 reflect grant date fair values computed under FASB ASC Topic 718.
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.