How Wacksman was paid
$7.1M 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 | Other | Total |
|---|---|---|---|---|---|
| Jeremy WacksmanChief Executive Officer | $850,266 | $4,006,800 | $2,249,536 | $31,955 | $7,138,557 |
| Jeremy HofmannChief Financial Officer | $700,425 | $1,780,775 | $2,999,338 | $28,975 | $5,509,513 |
| Richard N. BartonCo-founder and Co-Executive Chairman | $821,889 | — | $5,998,676 | $32,397 | $6,852,962 |
| Lloyd D. FrinkCo-founder, Co-Executive Chairman and President | $799,809 | — | $5,998,676 | $34,487 | $6,832,972 |
| Jun ChooChief Operating Officer | $709,980 | $3,307,175 | $5,570,236 | $24,307 | $9,611,698 |
What changed and why
- $7.1MJeremy Wacksman received total compensation of $7,138,557 in fiscal 2025, down from $15,663,427 in the prior year.
- Base salaries for named executive officers were adjusted effective February 2025.
- Equity awards granted in 2025 vest over a four-year period subject to continued service.
- The ratio of the CEO to median employee annual total compensation was 39 to 1.
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.