Companies Infinera
Infinera (INFN): executive pay, fiscal 2023
Free brief. Every figure links to the company’s own filing.
Infinera no longer files a proxy statement; its last pay data is FY2023.
CEO vs. named peers13th pct.Of 16 peer CEOs
CEO pay, last three years
- $4,606,965FY2021
- $6,260,700FY2022
- $6,663,648FY2023
CEO total pay was $6,663,648 in fiscal 2023, up from $6,260,700 in fiscal 2022.
FY2023: salary $729,000 · bonus $0 · stock awards $5,137,500 · option awards $0
Executives and directors
David Heard · CEONancy Erba · CFONicholas Walden · SVPDavid Teichmann · General CounselAmy H. Rice · Independent DirectorChristine B. Bucklin · Independent DirectorDavid F. Welch, Ph.D · DirectorGeorge A. Riedel · Chair of the BoardGregory P. Dougherty · Independent DirectorPaul J. Milbury · Independent DirectorRoop K. Lakkaraju · Independent DirectorSharon E. Holt · Independent Director
Frequently asked questions
Who was the highest-paid executive at Infinera in fiscal 2023?
As disclosed, David Heard (Chief Executive Officer) was the highest-paid executive at Infinera in fiscal 2023, with total compensation of $6,663,648.
How does Infinera's chief executive pay compare to its disclosed peer group?
As disclosed, David Heard's total compensation ranked at the 13th percentile of Infinera's disclosed peer group.
What is Infinera's CEO-to-median employee pay ratio?
As disclosed, Infinera's CEO-to-median employee pay ratio was 49:1.
How did shareholders vote on Infinera's executive compensation?
As disclosed, 97.44% of shareholders supported Infinera's executive compensation in the latest say-on-pay vote.
How much does Infinera spend in total on board compensation for fiscal 2023?
As disclosed, Infinera reported total board compensation of $2,625,680 for fiscal 2023.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| David Heard | $729,000 | $0 | $5,137,500 | $0 | $791,163 | $0 | $5,985 | $6,663,648 |
| Chief Executive Officer | ||||||||
| Nancy Erba | 487,500 | 0 | 1,734,300 | 0 | 309,994 | 0 | 5,985 | 2,537,779 |
| Chief Financial Officer | ||||||||
| Nicholas Walden | 426,103 | 0 | 959,400 | 0 | 156,326 | 0 | 183,217 | 1,725,045 |
| Senior Vice President, Worldwide Sales | ||||||||
| David Teichmann | 430,000 | 0 | 848,700 | 0 | 278,681 | 0 | 10,350 | 1,567,731 |
| Chief Legal Officer and Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| David Heard | $6,663,648 | $6,260,700 | $4,606,965 | ↑ +402,948 |
| Nancy Erba | 2,537,779 | 2,416,322 | 1,719,020 | ↑ +121,457 |
| Nicholas Walden | 1,725,045 | 1,825,639 | 1,857,277 | ↓ −100,594 |
| David Teichmann | 1,567,731 | 1,643,325 | 1,469,965 | ↓ −75,594 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our executive compensation program is designed to attract, retain, and reward talented executive officers and to motivate them to pursue our corporate objectives, while fostering the creation of long-term value for our stockholders. We take a 'pay-for-performance' approach that forms the foundation for the design of our executive compensation program, ensuring that a significant portion of compensation is 'at risk' based on corporate performance and equity-based to align the interests of our NEOs and stockholders.
| CEO STI target (% of salary) | 125% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2023
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Nancy Erba | PSU | 2023-03-09 | 58,750 | 117,500 | 117,500 | 176,250 | $1,734,300 |
| Nicholas Walden | PSU | 2023-03-09 | 32,500 | 65,000 | 65,000 | 97,500 | 959,400 |
| David Heard | PSU | 2023-03-13 | 206,250 | 412,500 | 337,500 | 618,750 | 5,137,500 |
| David Teichmann | PSU | 2023-03-09 | 28,750 | 57,500 | 57,500 | 86,250 | 848,700 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Nancy Erba | $0 | $1,734,300 | $0 | 100.0% |
| Nicholas Walden | 0 | 959,400 | 0 | 100.0% |
| David Heard | 0 | 5,137,500 | 0 | 100.0% |
| David Teichmann | 0 | 848,700 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2023
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| David Teichmann | RSU | 8,334 | — | $39,587 |
| Nicholas Walden | RSU | 9,167 | — | 43,543 |
| Nancy Erba | RSU | 10,000 | — | 47,500 |
| David Teichmann | RSU | 22,917 | — | 108,856 |
| Nicholas Walden | RSU | 26,667 | — | 126,668 |
| David Heard | RSU | 28,667 | — | 136,168 |
| Nancy Erba | RSU | 38,542 | — | 183,075 |
| David Teichmann | PSU | 50,000 | — | 237,500 |
| David Teichmann | RSU | 55,000 | — | 261,250 |
| Nicholas Walden | PSU | 55,000 | — | 261,250 |
| David Teichmann | RSU | 57,500 | — | 273,125 |
| David Teichmann | PSU | 57,500 | — | 273,125 |
| Nancy Erba | PSU | 60,000 | — | 285,000 |
| Nicholas Walden | RSU | 64,000 | — | 304,000 |
| Nicholas Walden | RSU | 65,000 | — | 308,750 |
| Nicholas Walden | PSU | 65,000 | — | 308,750 |
| Nancy Erba | RSU | 92,500 | — | 439,375 |
| David Heard | RSU | 96,296 | — | 457,406 |
| Nancy Erba | RSU | 117,500 | — | 558,125 |
| Nancy Erba | PSU | 117,500 | — | 558,125 |
| David Heard | PSU | 258,000 | — | 1,225,500 |
| David Heard | RSU | 337,500 | — | 1,603,125 |
| David Heard | RSU | 346,666 | — | 1,646,664 |
| David Heard | PSU | 412,500 | — | 1,959,375 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| David F. Welch, Ph.DEmployee director | $0 | $738,000 | — | — | $205,704 | $943,704 |
| George A. RiedelIndependent · Board Chair · Nominating and Governance (Chair) | 131,000 | 199,996 | — | — | 0 | 330,996 |
| Paul J. MilburyIndependent · Audit · Compensation | 79,087 | 199,996 | — | — | 0 | 279,083 |
| Roop K. LakkarajuIndependent · Audit (Chair) | 73,413 | 199,996 | — | — | 0 | 273,409 |
| Sharon E. HoltIndependent · Compensation (Chair) | 70,000 | 199,996 | — | — | 0 | 269,996 |
| Gregory P. DoughertyIndependent · Compensation · Nominating and Governance | 66,000 | 199,996 | — | — | 0 | 265,996 |
| Christine B. BucklinIndependent · Audit | 62,500 | 199,996 | — | — | 0 | 262,496 |
| Amy H. RiceIndependent · Nominating and Governance | 0 | 0 | — | — | 0 | 0 |
| David W. HeardEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 20,000 / 11,000 |
| Stock ownership guideline | 4x annual cash retainer ($200,000) |
Total cost of the board
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $482,000 |
| Equity awards (grant-date value) | $1,937,976 |
| All other compensation | $205,704 |
| Total cost of the board | $2,625,680 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Infinera as a peer
Companies that benchmark against INFN
13 companies name INFN as a compensation peer
The list of companies that name INFN as a peer is temporarily unavailable — recheck shortly.
Disclosed peer group — fiscal year 2023
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
MXL MaxLinear, Inc.NTGR NETGEAR, Inc.CALX Calix, Inc.NTCT NetScout Systems, Inc.CIEN Ciena CorporationOSIS OSI Systems, Inc.RBBN Ribbon Communications Inc.EXTR Extreme Networks, Inc.VSAT ViaSat, Inc.LITE Lumentum Holdings Inc.VIAV Viavi Solutions Inc.SYNA Synaptics IncorporatedADTN ADTRAN Holdings, Inc.DIOD Diodes IncorporatedAEIS Advanced Energy Industries, Inc.CRUS Cirrus Logic, Inc.
Peer reciprocity
The companies Infinera names as compensation peers that name it back in their own disclosed peer groups.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Synaptics Incorporated | 2026 | Rahul Patel | $800,000 | $17,790,286 | $0 | $1,150,000 | $19,755,176 |
| 2 | Ciena Corporation | 2025 | Gary Smith | 1,075,000 | 14,637,538 | 0 | 2,805,000 | 18,530,396 |
| 3 | Ribbon Communications Inc. | 2025 | Bruce McClelland | 750,000 | 16,370,820 | 0 | 225,188 | 17,457,675 |
| 4 | Lumentum Holdings Inc. | 2026 | Michael Hurlston | 900,000 | 12,291,577 | 0 | 2,179,710 | 15,392,731 |
| 5 | Extreme Networks, Inc. | 2026 | Edward Meyercord | 840,000 | 12,337,228 | 0 | 1,050,504 | 14,244,704 |
| 6 | ViaSat, Inc. | 2026 | Mark Dankberg | 1,406,538 | 10,305,390 | 0 | 2,450,000 | 14,208,178 |
| 7 | Viavi Solutions Inc. | 2026 | Oleg Khaykin | 900,000 | 10,103,344 | 0 | 1,295,437 | 12,305,351 |
| 8 | Advanced Energy Industries, Inc. | 2025 | Stephen Kelley | 977,792 | 8,426,221 | — | 1,767,095 | 11,187,208 |
| 9 | Calix, Inc. | 2025 | Michael Weening | 560,000 | 0 | 9,227,829 | 1,023,349 | 10,820,080 |
| 10 | Cirrus Logic, Inc. | 2026 | John Forsyth | 715,850 | 9,000,184 | 0 | 1,040,210 | 10,769,395 |
| 11 | Netgear, Inc. | 2025 | Charles Prober | 767,740 | 8,603,205 | 0 | 1,181,731 | 10,555,676 |
| 12 | OSI Systems, Inc. | 2026 | Ajay Mehra | 775,240 | 5,999,970 | 0 | 1,552,500 | 8,472,906 |
| 13 | MaxLinear, Inc. | 2025 | Kishore Seendripu | 721,444 | 7,095,625 | 0 | 0 | 7,817,568 |
| 14 | Adtran Holdings, Inc. | 2025 | Thomas Stanton | 1,022,685 | 3,763,041 | 0 | 2,884,000 | 7,683,726 |
| 15 | Infinera | 2023 | David Heard | 729,000 | 5,137,500 | 0 | 791,163 | 6,663,648 |
| 16 | Diodes Incorporated | 2025 | Gary Yu | 700,219 | 2,722,423 | 0 | 878,359 | 4,331,731 |
| 17 | NetScout Systems, Inc. | 2026 | Anil Singhal | 594,825 | 1,346,256 | 0 | 999,915 | 3,206,287 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Infinera | 83.5% | PSU 55 · RSU 45 | No | Compensia |
| Adtran Holdings, Inc. | 200% | not disclosed | No | Pay Governance LLC |
| Advanced Energy Industries, Inc. | 144.4% | PSU 60 · RSU 40 | No | Compensia, Inc. |
| Calix, Inc. | 108% | Options 100 | No | Compensia |
| Ciena Corporation | 170% | RSU 40 · PSU 36 · MSU 24 | No | Compensia |
| Cirrus Logic, Inc. | not disclosed | MSU 60 · RSU 40 | No | Compensia, Inc. |
| Diodes Incorporated | not disclosed | PSU 50 · RSU 50 | No | Pay Governance LLC |
| Extreme Networks, Inc. | not disclosed | PSU 50 · RSU 50 | Yes — TSR relative to the Russell 2000 Index | Compensia, Inc. |
| Lumentum Holdings Inc. | 186.3% | RSU 50 | Yes | Semler Brossy |
| MaxLinear, Inc. | 131% | PSU 50 · RSU 50 | No | Compensia |
| Netgear, Inc. | 128% | RSU 50 · PSU 50 | Yes — Relative TSR Rank | Frederick W. Cook & Co., Inc. |
| NetScout Systems, Inc. | 174.7% | RSU 60 · PSU 40 | Yes — Relative Total Shareholder Return (rTSR) vs. Russell 2000 Index | not disclosed |
| OSI Systems, Inc. | not disclosed | PRSU 100 | not disclosed | Pearl Meyer |
| Ribbon Communications Inc. | 30% | not disclosed | Yes — Relative TSR | FW Cook |
| Synaptics Incorporated | not disclosed | RSU 34 · MSU 33 · PSU 33 | No | Compensia |
| ViaSat, Inc. | 121% | RSU 50 · PSU 25 · Cash LTI 25 | Yes — Relative Total Shareholder Return (TSR) vs. Russell 3000 Index | Compensia |
| Viavi Solutions Inc. | 115.1% | MSU 50 · RSU 50 | Yes — TSR relative to the performance of companies in the Nasdaq Telecommunications Index | Compensia, Inc. |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2024 | 2024-06-12 | 161,310,718 | 4,241,736 | 234,944 | 97.44% | Passed |
| 2023 | 2023-05-18 | 148,480,947 | 2,414,517 | 174,605 | 98.29% | Passed |
| 2022 | 2022-05-19 | 141,203,255 | 2,036,827 | 621,762 | 98.15% | Passed |
| 2021 | 2021-05-21 | 121,316,706 | 4,139,950 | 1,728,325 | 95.39% | Passed |
| 2020 | 2020-05-21 | 109,514,623 | 17,730,613 | 1,425,780 | 85.11% | Passed |
| 2019 | 2019-05-23 | 110,254,481 | 3,426,767 | 102,149 | 96.9% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2024 | 2024-06-12 | 97.44%a |
| 2023 | 2023-05-18 | 98.29%b |
| 2022 | 2022-05-19 | 98.15%c |
a. Voting standard not stated in the filing.
b. Approved under the standard stated in the filing — “Abstentions will have the same effect as an "AGAINST" vote.”.
c. Approved under the standard stated in the filing — “Abstentions will have the same effect as an AGAINST vote.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 49 : 1 |
|---|---|
| CEO total compensation | $6,663,648 |
| Median employee compensation | $134,941 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| David F. Welch | Director | 2025-01-05 | D | 2,450 | $7 | $16,146 | Common | Form 4 ↗ |
| David F. Welch | Director | 2025-01-05 | A | 8,333 | 0 | 0 | Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-01-05 | D | 9,791 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-01-05 | D | 5,491 | 7 | 36,186 | Common | Form 4 ↗ |
| David W. Heard | Director | 2025-01-05 | D | 28,125 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-01-05 | D | 2,681 | 7 | 17,668 | Common | Form 4 ↗ |
| David W. Heard | Director | 2025-01-05 | D | 8,416 | 7 | 55,461 | Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-01-05 | D | 5,416 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-01-05 | A | 5,416 | 0 | 0 | Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-01-05 | A | 9,791 | 0 | 0 | Common | Form 4 ↗ |
| David W. Heard | Director | 2025-01-05 | A | 28,125 | 0 | 0 | Common | Form 4 ↗ |
| David F. Welch | Director | 2025-01-05 | D | 8,333 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Regan J. MacPherson | Chief Legal Officer | 2025-01-13 | A | 50,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-01-13 | A | 125,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| David W. Heard | Director | 2025-01-13 | A | 650,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-01-13 | A | 95,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Roop K. Lakkaraju | Director | 2025-02-16 | A | 6,478 | 0 | 0 | Common | Form 4 ↗ |
| Roop K. Lakkaraju | Director | 2025-02-16 | D | 6,478 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Regan J. MacPherson | Chief Legal Officer | 2025-02-27 | A | 75,132 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-02-27 | A | 68,600 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| David W. Heard | Director | 2025-02-27 | A | 305,432 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-02-27 | A | 47,365 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-02-28 | A | 96,668 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| David W. Heard | Director | 2025-02-28 | A | 412,500 | 0 | 0 | Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-02-28 | A | 65,000 | 0 | 0 | Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-02-28 | D | 234,641 | — | — | Common | Form 4 ↗ |
| Christine B. Bucklin | Director | 2025-02-28 | D | 171,716 | — | — | Common | Form 4 ↗ |
| Christine B. Bucklin | Director | 2025-02-28 | A | 36,697 | 0 | 0 | Common | Form 4 ↗ |
| Sharon E. Holt | Director | 2025-02-28 | D | 36,697 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Sharon E. Holt | Director | 2025-02-28 | D | 268,871 | — | — | Common | Form 4 ↗ |
| Roop K. Lakkaraju | Director | 2025-02-28 | D | 36,697 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Roop K. Lakkaraju | Director | 2025-02-28 | A | 36,697 | 0 | 0 | Common | Form 4 ↗ |
| George A. Riedel | Director | 2025-02-28 | D | 36,697 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| David F. Welch | Director | 2025-02-28 | D | 532,871 | — | — | Common | Form 4 ↗ |
| David F. Welch | Director | 2025-02-28 | A | 100,001 | 0 | 0 | Common | Form 4 ↗ |
| Regan J. MacPherson | Chief Legal Officer | 2025-02-28 | D | 393,466 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Regan J. MacPherson | Chief Legal Officer | 2025-02-28 | A | 153,334 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-02-28 | A | 140,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-02-28 | D | 465,268 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-02-28 | D | 693,722 | — | — | Common | Form 4 ↗ |
| Paul J. Milbury | Director | 2025-02-28 | D | 229,628 | — | — | Common | Form 4 ↗ |
| Paul J. Milbury | Director | 2025-02-28 | A | 36,697 | 0 | 0 | Common | Form 4 ↗ |
| David W. Heard | Director | 2025-02-28 | D | 2,121,150 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| David W. Heard | Director | 2025-02-28 | A | 623,334 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nicholas Walden | SVP, Worldwide Sales | 2025-02-28 | D | 373,951 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Christine B. Bucklin | Director | 2025-02-28 | D | 36,697 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Gregory P. Dougherty | Director | 2025-02-28 | D | 253,318 | — | — | Common | Form 4 ↗ |
| Gregory P. Dougherty | Director | 2025-02-28 | A | 36,697 | 0 | 0 | Common | Form 4 ↗ |
| Sharon E. Holt | Director | 2025-02-28 | A | 36,697 | 0 | 0 | Common | Form 4 ↗ |
| Gregory P. Dougherty | Director | 2025-02-28 | D | 36,697 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Roop K. Lakkaraju | Director | 2025-02-28 | D | 130,851 | — | — | Common | Form 4 ↗ |
| George A. Riedel | Director | 2025-02-28 | D | 204,716 | — | — | Common | Form 4 ↗ |
| George A. Riedel | Director | 2025-02-28 | A | 36,697 | 0 | 0 | Common | Form 4 ↗ |
| David F. Welch | Director | 2025-02-28 | D | 100,001 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| David F. Welch | Director | 2025-02-28 | D | 2,500 | — | — | Common, indirect | Form 4 ↗ |
| Paul J. Milbury | Director | 2025-02-28 | D | 36,697 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Nancy Erba | Chief Financial Officer | 2025-02-28 | A | 117,500 | 0 | 0 | Common | Form 4 ↗ |
| David W. Heard | Director | 2025-02-28 | D | 1,512,989 | — | — | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (102 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, David Heard. DEF 14A, filed 2024-05-17. Section “Executive Compensation Tables” · page 41. As printed: 6,663,648. View filing ↗
- Section 01, Nancy Erba. DEF 14A, filed 2024-05-17. Section “Executive Compensation Tables” · page 41. As printed: 2,537,779. View filing ↗
- Section 01, Nicholas Walden. DEF 14A, filed 2024-05-17. Section “Executive Compensation Tables” · page 41. As printed: 1,725,045. View filing ↗
- Section 01, David Teichmann. DEF 14A, filed 2024-05-17. Section “Executive Compensation Tables” · page 41. As printed: 1,567,731. View filing ↗
- Section 03, Nancy Erba PSU. DEF 14A, filed 2024-05-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Nicholas Walden PSU. DEF 14A, filed 2024-05-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, David Heard PSU. DEF 14A, filed 2024-05-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, David Teichmann PSU. DEF 14A, filed 2024-05-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2024-05-17. Section “CEO Pay Ratio”. As printed: 49 : 1. View filing ↗
- Section 08, David F. Welch, Ph.D. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 943,704. View filing ↗
- Section 08, George A. Riedel. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 330,996. View filing ↗
- Section 08, Paul J. Milbury. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 279,083. View filing ↗
- Section 08, Roop K. Lakkaraju. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 273,409. View filing ↗
- Section 08, Sharon E. Holt. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 269,996. View filing ↗
- Section 08, Gregory P. Dougherty. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 265,996. View filing ↗
- Section 08, Christine B. Bucklin. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 262,496. View filing ↗
- Section 08, Amy H. Rice. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, David W. Heard. DEF 14A, filed 2024-05-17. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, David F. Welch 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David F. Welch 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David F. Welch 2025-01-05. Form 4, filed 2025-01-07. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Regan J. MacPherson 2025-01-13. Form 4, filed 2025-01-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-01-13. Form 4, filed 2025-01-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-01-13. Form 4, filed 2025-01-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-01-13. Form 4, filed 2025-01-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Roop K. Lakkaraju 2025-02-16. Form 4, filed 2025-02-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Roop K. Lakkaraju 2025-02-16. Form 4, filed 2025-02-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Regan J. MacPherson 2025-02-27. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-02-27. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-02-27. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-02-27. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Christine B. Bucklin 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Christine B. Bucklin 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Sharon E. Holt 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Sharon E. Holt 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Roop K. Lakkaraju 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Roop K. Lakkaraju 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, George A. Riedel 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David F. Welch 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David F. Welch 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Regan J. MacPherson 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Regan J. MacPherson 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul J. Milbury 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul J. Milbury 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nicholas Walden 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Christine B. Bucklin 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gregory P. Dougherty 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gregory P. Dougherty 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Sharon E. Holt 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gregory P. Dougherty 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Roop K. Lakkaraju 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, George A. Riedel 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, George A. Riedel 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David F. Welch 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David F. Welch 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paul J. Milbury 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Nancy Erba 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David W. Heard 2025-02-28. Form 4, filed 2025-03-03. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-12. Item 5.07 · say-on-pay result. As reported: 97.44% (votes for as printed: 161,310,718). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-05-18. Item 5.07 · say-on-pay result. As reported: 98.29% (votes for as printed: 148,480,947). View filing ↗
- Section 06, 2022 vote. Form 8-K, filed 2022-05-19. Item 5.07 · say-on-pay result. As reported: 98.15% (votes for as printed: 141,203,255). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 482,000 + equity 1,937,976 + all other 205,704 = 2,625,680, summed across the director compensation table rows.
- Synaptics Incorporated, Section 10b CEO total. DEF 14A, filed 2026-09-15. CEO total compensation as printed in Synaptics Incorporated's own proxy. As printed: 19,755,176. View filing ↗
- Ciena Corporation, Section 10b CEO total. DEF 14A, filed 2026-02-12. CEO total compensation as printed in Ciena Corporation's own proxy. As printed: 18,530,396. View filing ↗
- Ribbon Communications Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Ribbon Communications Inc.'s own proxy. As printed: 17,457,675. View filing ↗
- Lumentum Holdings Inc., Section 10b CEO total. DEF 14A, filed 2026-10-06. CEO total compensation as printed in Lumentum Holdings Inc.'s own proxy. As printed: 15,392,731. View filing ↗
- Extreme Networks, Inc., Section 10b CEO total. DEF 14A, filed 2026-09-18. CEO total compensation as printed in Extreme Networks, Inc.'s own proxy. As printed: 14,244,704. View filing ↗
- ViaSat, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-27. CEO total compensation as printed in ViaSat, Inc.'s own proxy. As printed: 14,208,178. View filing ↗
- Viavi Solutions Inc., Section 10b CEO total. DEF 14A, filed 2026-10-02. CEO total compensation as printed in Viavi Solutions Inc.'s own proxy. As printed: 12,305,351. View filing ↗
- Advanced Energy Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Advanced Energy Industries, Inc.'s own proxy. As printed: 11,187,208. View filing ↗
- Calix, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Calix, Inc.'s own proxy. As printed: 10,820,080. View filing ↗
- Cirrus Logic, Inc., Section 10b CEO total. DEF 14A, filed 2026-06-03. CEO total compensation as printed in Cirrus Logic, Inc.'s own proxy. As printed: 10,769,395. View filing ↗
- Netgear, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Netgear, Inc.'s own proxy. As printed: 10,555,676. View filing ↗
- OSI Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-10-26. CEO total compensation as printed in OSI Systems, Inc.'s own proxy. As printed: 8,472,906. View filing ↗
- MaxLinear, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in MaxLinear, Inc.'s own proxy. As printed: 7,817,568. View filing ↗
- Adtran Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Adtran Holdings, Inc.'s own proxy. As printed: 7,683,726. View filing ↗
- Infinera (subject), Section 10b CEO total. DEF 14A, filed 2024-05-17. CEO total compensation as printed in Infinera's own proxy. As printed: 6,663,648. View filing ↗
- Diodes Incorporated, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Diodes Incorporated's own proxy. As printed: 4,331,731. View filing ↗
- NetScout Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-24. CEO total compensation as printed in NetScout Systems, Inc.'s own proxy. As printed: 3,206,287. View filing ↗
- Section 10a, NETGEAR, Inc. reciprocity. DEF 14A. NETGEAR, Inc. names Infinera in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Calix, Inc. reciprocity. DEF 14A. Calix, Inc. names Infinera in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, ADTRAN Holdings, Inc. reciprocity. DEF 14A. ADTRAN Holdings, Inc. names Infinera in its own disclosed peer group (read from its most recent proxy). View filing ↗