Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Martin McNulty | $567,308 | $825,000 | $0 | $0 | $0 | $0 | $31,756 | $1,424,064 |
| Chief Executive Officer | ||||||||
| Robert Rasamny | 446,538 | 440,000 | 0 | 0 | 0 | 0 | 31,756 | 918,294 |
| Chief Administrative Officer | ||||||||
| Jason Soncini | 446,538 | 260,000 | 0 | 0 | 0 | 0 | 30,936 | 737,474 |
| General Counsel | ||||||||
| Kirsten Hoover | 361,500 | 225,000 | 0 | 0 | 0 | 0 | 27,896 | 614,396 |
| Former Interim Chief Financial Officer | ||||||||
| Michael Zambito | 231,923 | 120,000 | 0 | 0 | 0 | 0 | 18,750 | 370,673 |
| Chief Financial Officer | ||||||||
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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Martin McNulty | $1,424,064 | $1,266,422 | — | +157,642 |
| Robert Rasamny | 918,294 | 890,268 | — | +28,026 |
| Jason Soncini | 737,474 | 707,732 | — | +29,742 |
| Kirsten Hoover | 614,396 | 657,808 | — | −43,412 |
| Michael Zambito | 370,673 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Kirsten Hoover | RSU | 2023-06-07 | — | — | 54,191 | — | — |
| Martin McNulty | RSU | 2023-06-07 | — | — | 87,428 | — | — |
| Martin McNulty | PSU | 2023-06-07 | — | — | 495,424 | — | — |
| Robert Rasamny | RSU | 2023-06-07 | — | — | 55,395 | — | — |
| Jason Soncini | RSU | 2023-06-07 | — | — | 85,501 | — | — |
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Martin McNulty | PSU | 495,424 | — | $1,852,886 |
| Jason Soncini | PSU | 85,501 | — | 319,774 |
| Robert Rasamny | PSU | 55,395 | — | 207,177 |
| Martin McNulty | RSU | 58,286 | — | 217,990 |
| Jason Soncini | RSU | 28,501 | — | 106,594 |
| Martin McNulty | RSU | 20,000 | — | 74,800 |
| Robert Rasamny | RSU | 18,465 | — | 69,059 |
| Martin McNulty | Option | 83,333 | 3.73 | — |
| Jason Soncini | RSU | 15,252 | — | 57,042 |
| Jason Soncini | Option | 25,277 | 4.27 | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-23 | 79,726,978 | 1,064,903 | 475,944 | 98.1% | Passed |
| 2025 | 2025-05-15 | 76,303,416 | 794,618 | 1,002,082 | 97.7% | Passed |
| 2024 | 2024-05-21 | 79,763,086 | 930,578 | 2,030,400 | 96.42% | Passed |
| 2023 | 2023-05-16 | 45,156,929 | 1,293,860 | 835,231 | 95.5% | Passed |
| 2022 | 2022-05-12 | 32,348,030 | 506,617 | 1,094,241 | 95.28% | Passed |
| 2021 | 2021-05-12 | 38,829,606 | 791,854 | 1,168,238 | 95.19% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-23 | 98.1%a |
| 2025 | 2025-05-15 | 97.7%b |
| 2024 | 2024-05-21 | 96.42%c |
a. Approved under the standard stated in the filing — “For each of the other proposals, abstentions will have the same effect as a vote "AGAINST" such proposal.”.
b. Approved under the standard stated in the filing — “For each of the other proposals, abstentions will have the same effect as a vote "AGAINST" such proposal.”.
c. Approved under the standard stated in the filing — “For each of the other proposals, abstentions will have the same effect as a vote "AGAINST" such proposal.”.
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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Maureen O'ConnellIndependent · Lead Independent Director · Audit (Chair) · Compensation · Nominating, Governance and Sustainability | $130,000 | $120,002 | $0 | $0 | $0 | $250,002 |
| Gavin MolinelliNot independent · Board Chair | 120,000 | 120,002 | 0 | 0 | 0 | 240,002 |
| Isaac T. KohlbergIndependent · Audit · Compensation (Chair) · Nominating, Governance and Sustainability | 100,000 | 120,002 | 0 | 0 | 0 | 220,002 |
| Geoff RibarIndependent · Audit · Nominating, Governance and Sustainability (Chair) · Not standing for re-election | 95,000 | 120,002 | 0 | 0 | 0 | 215,002 |
| Michelle FelmanIndependent · Audit · Compensation · Nominating, Governance and Sustainability | 80,000 | 120,002 | 0 | 0 | 0 | 200,002 |
| Ajay SundarNot independent · Not standing for re-election | 80,000 | 120,002 | 0 | 0 | 0 | 200,002 |
| Martin D. McNulty JrEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | $120,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | $3 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $605,000 |
| Equity awards (grant-date value) | $720,012 |
| All other compensation | $0 |
| Total cost of the board | $1,325,012 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Acacia Research | 2025 | Martin McNulty | $567,308 | $0 | $0 | $0 | $1,424,064 |
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Martin McNulty | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 1,424,064. Filing ↗machine: r3 · c24 · span 447991–448000 |
| 2 | Section 01, Robert Rasamny | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 918,294. Filing ↗machine: r9 · c24 · span 459615–459622 |
| 3 | Section 01, Jason Soncini | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 737,474. Filing ↗machine: r12 · c24 · span 465241–465248 |
| 4 | Section 01, Kirsten Hoover | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 614,396. Filing ↗machine: r15 · c24 · span 470856–470863 |
| 5 | Section 01, Michael Zambito | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 370,673. Filing ↗machine: r6 · c24 · span 453805–453812 |
| 6 | Section 03, Kirsten Hoover RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 411356–411362 |
| 7 | Section 03, Martin McNulty RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 410137–410143 |
| 8 | Section 03, Martin McNulty PSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 410398–410405 |
| 9 | Section 03, Robert Rasamny RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 412548–412554 |
| 10 | Section 03, Jason Soncini RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 413742–413748 |
| 11 | Section 08, Maureen O'Connell | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 250,002. Filing ↗machine: span 278194–278500 |
| 12 | Section 08, Gavin Molinelli | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 240,002. Filing ↗machine: span 269904–270236 |
| 13 | Section 08, Isaac T. Kohlberg | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 220,002. Filing ↗machine: span 275071–275377 |
| 14 | Section 08, Geoff Ribar | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 215,002. Filing ↗machine: span 281497–281803 |
| 15 | Section 08, Michelle Felman | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 200,002. Filing ↗machine: span 271436–272254 |
| 16 | Section 08, Ajay Sundar | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 200,002. Filing ↗machine: span 283163–283981 |
| 17 | Section 08, Martin D. McNulty Jr | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 06, 2026 vote | Form 8-K | 2026-06-25 | 0000934549-26-000029 | Item 5.07 · say-on-pay result. As reported: 98.1% (votes for as printed: 79,726,978). Filing ↗ |
| 19 | Section 06, 2025 vote | Form 8-K | 2025-05-21 | 0000934549-25-000024 | Item 5.07 · say-on-pay result. As reported: 97.7% (votes for as printed: 76,303,416). Filing ↗ |
| 20 | Section 06, 2024 vote | Form 8-K | 2024-05-22 | 0000934549-24-000048 | Item 5.07 · say-on-pay result. As reported: 96.42% (votes for as printed: 79,763,086). Filing ↗ |
| 21 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 22 | Section 09b board cost (computed) | Computed | — | computed | Cash 605,000 + equity 720,012 + all other 0 = 1,325,012, summed across the director compensation table rows.machine: formula: Σ = 1,325,012 |
| 23 | Acacia Research (subject), Section 10b CEO total | DEF 14A | 2026-04-30 | 0000934549-26-000016 | CEO total compensation as printed in Acacia Research's own proxy. As printed: 1,424,064. Filing ↗machine: r3 · c24 · span 447991–448000 |