How Shannon was paid
$5M 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 |
|---|---|---|---|---|---|---|
| John ShannonChief Executive Officer | $742,334 | $2,848,000 | $838,615 | $607,971 | $5,664 | $5,042,584 |
| Steven M. PieperChief Financial Officer | $505,393 | $658,600 | $419,307 | $286,558 | $4,232 | $1,874,090 |
| Kevin McCullochPresident and Chief Operating Officer | $543,833 | $658,600 | $698,846 | $342,615 | $27,079 | $2,270,973 |
| Beth P. HechtChief Legal Officer and Corporate Secretary | $517,089 | $658,600 | $419,307 | $293,190 | $7,088 | $1,895,274 |
| Anh T. NguyenChief Medical Officer | $409,231 | $1,128,000 | $218,945 | $232,034 | $12,438 | $2,000,648 |
What changed and why
- $5MCEO total compensation increased to $5,042,584 in fiscal 2025 from $3,827,109 in fiscal 2024.
- 44%Total product revenue and total revenue both increased by approximately 44% during 2025.
- 120%Strategic corporate objectives under the annual incentive plan were overachieved at 120% of target.
- 105%The annual incentive payout for the CEO and other NEOs was determined to be 105% of target.
- Company remained adjusted EBITDA positive in every quarter of the 2025 fiscal year.
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.