CEO Martin McNulty was paid $1,424,064 in fiscal year 2025, ↑ up 12.4% from fiscal year 2024 (SEC filing 0000934549-26-000016 ↗): 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.
$1,424,064 ↑ Martin McNulty total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | 98.1% Say-on-pay support, latest vote |
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| 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 | $1,603,468 | ↑ +157,642 |
| Robert Rasamny | 918,294 | 890,268 | — | ↑ +28,026 |
| Jason Soncini | 737,474 | 707,732 | 1,445,609 | ↑ +29,742 |
| Kirsten Hoover | 614,396 | 657,808 | 1,051,049 | ↓ −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.
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This is the complete answer, not a partial one — the list is never padded.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Jason Soncini | General Counsel | $737,474 |
| Kirsten Hoover | CFO | $614,396 |
| Robert Rasamny | Chief Administrative Officer | $918,294 |
| Martin McNulty | CEO | $1,424,064 |
| Michael Zambito | CFO | $370,673 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Ajay Sundar | Director | $200,002 |
| Gavin Molinelli | Chair of the Board | $240,002 |
| Geoff Ribar | Independent Director | $215,002 |
| Isaac T. Kohlberg | Independent Director | $220,002 |
| Maureen O'Connell | Lead Independent Director | $250,002 |
| Michelle Felman | Independent Director | $200,002 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Martin McNulty | PSU | 2023-06-07 | — | — | 495,424 | — | — |
| Jason Soncini | RSU | 2023-06-07 | — | — | 85,501 | — | — |
| Kirsten Hoover | RSU | 2023-06-07 | — | — | 54,191 | — | — |
| Martin McNulty | RSU | 2023-06-07 | — | — | 87,428 | — | — |
| Robert Rasamny | RSU | 2023-06-07 | — | — | 55,395 | — | — |
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 | RSU | 58,286 | — | $217,990 |
| Martin McNulty | PSU | 495,424 | — | 1,852,886 |
| Jason Soncini | PSU | 85,501 | — | 319,774 |
| Robert Rasamny | PSU | 55,395 | — | 207,177 |
| Jason Soncini | RSU | 28,501 | — | 106,594 |
| Martin McNulty | RSU | 20,000 | — | 74,800 |
| Robert Rasamny | RSU | 18,465 | — | 69,059 |
| Jason Soncini | RSU | 15,252 | — | 57,042 |
| Martin McNulty | Option | 83,333 | 3.73 | — |
| Jason Soncini | Option | 25,277 | 4.27 | — |
The Company seeks to align executive officers' interests and motivations with those of stockholders by rewarding both short-term and long-term objectives. The compensation program is designed to provide a competitive level of total compensation to attract, retain, and incentivize highly qualified executive officers necessary to lead the company and achieve its business goals.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| 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 |
| Ajay SundarNot independent · Not standing for re-election | 80,000 | 120,002 | 0 | 0 | 0 | 200,002 |
| Michelle FelmanIndependent · Audit · Compensation · Nominating, Governance and Sustainability | 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.
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.
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.
| # | 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. View filing ↗ |
| 2 | Section 01, Robert Rasamny | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 918,294. View filing ↗ |
| 3 | Section 01, Jason Soncini | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 737,474. View filing ↗ |
| 4 | Section 01, Kirsten Hoover | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 614,396. View filing ↗ |
| 5 | Section 01, Michael Zambito | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation”. As printed: 370,673. View filing ↗ |
| 6 | Section 03, Martin McNulty PSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. View filing ↗ |
| 7 | Section 03, Jason Soncini RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. View filing ↗ |
| 8 | Section 03, Kirsten Hoover RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. View filing ↗ |
| 9 | Section 03, Martin McNulty RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. View filing ↗ |
| 10 | Section 03, Robert Rasamny RSU | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Executive Compensation” · grants of plan-based awards table. View filing ↗ |
| 11 | Section 08, Maureen O'Connell | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 250,002. View filing ↗ |
| 12 | Section 08, Gavin Molinelli | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 240,002. View filing ↗ |
| 13 | Section 08, Isaac T. Kohlberg | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 220,002. View filing ↗ |
| 14 | Section 08, Geoff Ribar | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 215,002. View filing ↗ |
| 15 | Section 08, Ajay Sundar | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 200,002. View filing ↗ |
| 16 | Section 08, Michelle Felman | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 200,002. View filing ↗ |
| 17 | Section 08, Martin D. McNulty Jr | DEF 14A | 2026-04-30 | 0000934549-26-000016 | Section “Director Compensation”. As printed: 0. View 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). View 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). View 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). View filing ↗ |
| 21 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer. |
| 22 | Section 09b board cost (computed) | Computed | — | — | Cash 605,000 + equity 720,012 + all other 0 = 1,325,012, summed across the director compensation table rows. |
| 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. View filing ↗ |