Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-16

Atomera (ATOM)

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.

$2,544,647
Scott Bibaud total, FY2025
69th
CEO pay percentile vs peers
CEO-to-median pay ratio
88.31%
Say-on-pay support, latest vote
Companies that benchmark against ATOM
1 company names ATOM as a compensation peer

Each company listed discloses ATOM in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ATOM in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Scott Bibaud$459,833$396,050$1,688,764$0$2,544,647
President and Chief Executive Officer
Francis Laurencio352,500151,300779,49001,283,290
Chief Financial and Accounting Officer
Robert Mears358,000139,374649,44401,146,818
Chief Technology 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Scott Bibaud$2,544,647$2,042,656$1,838,126+501,991
Francis Laurencio1,283,2901,002,578882,415+280,712
Robert Mears1,146,818996,078877,213+150,740

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Scott BibaudRSU102,848
Francis LaurencioRSU47,472
Robert MearsRSU39,552
03b

Vehicle mix — grant-date fair value by award type

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Scott BibaudRSU232,810$514,510
Francis LaurencioRSU109,633242,289
Robert MearsRSU95,841211,809
Scott BibaudOption4,88514.54
Scott BibaudOption53,1606.56
Scott BibaudOption103,7166.46
Francis LaurencioOption1,61214.54
Francis LaurencioOption16,7106.56
Francis LaurencioOption34,1916.46
Robert MearsOption1,75914.54
Robert MearsOption16,7106.56
Robert MearsOption34,1916.46
05

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to attract, motivate, and retain talented executive officers, correlate annual cash bonuses to the achievement of near-term operational and financial objectives, and provide long-term equity incentives that directly correlate to the enhancement of stockholder value and facilitate executive retention.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantCompensia
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1211,523,5301,524,71195,78088.31%Passed
20252025-05-157,395,4323,061,083171,73070.73%Passed
20242024-05-014,699,1633,703,814102,12955.92%Passed
20232023-05-046,658,9491,310,584501,50083.56%Passed
20222022-05-054,989,1671,408,052340,00477.99%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 yearMeeting dateApproval — company's computation
20262026-05-1288.31%a
20252025-05-1570.73%b
20242024-05-0155.92%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John GerberIndependent · Board Chair · Audit · Compensation$82,500$144,181$226,681
Steve ShevickIndependent · Audit (Chair) · Nominating and Corporate Governance (Chair)60,000144,181204,181
Duy-Loan T. LeIndependent · Compensation (Chair) · Nominating and Corporate Governance55,000144,181199,181
Suja RamnathIndependent · Audit · Compensation52,500144,181196,681
Scott BibaudEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer$95,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$250,000
Equity awards (grant-date value)$576,724
All other compensation$0
Total cost of the board$826,724

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Atomera names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Atomera.

10b

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1nLight, Inc.2025Scott Keeney$476,808$36,086,000$0$756,217$37,333,189
2Lightwave Logic, Inc.2025Yves LeMaitre443,9397,866,451008,614,697
3Ceva Inc.2025Amir Panush524,4573,686,4400242,5264,691,010
4Everspin Technologies, Inc.2025Sanjeev Aggarwal450,0001,584,0000551,4542,586,384
5Atomera2025Scott Bibaud459,8331,688,76402,544,647
6Kopin Corporation2025Michael Murray506,191600,692575,990463,3742,257,423
7GSI Technology, Inc.2026Lee-Lean Shu302,33901,639,50047,9311,989,770
8Skywater Technology, Inc2025Thomas Sonderman559,128551,189551,19001,675,311
9AXT Inc.2025Morris Young479,000983,4820172,9001,673,404
10Netlist Inc.2024Chun K. Hong450,000997,500001,557,414
11QuickLogic Corporation2025Brian Faith468,000377,495001,196,495
12InTest Corporation2025Richard Grant428,915400,003210,65554,6871,099,010
13Pixelworks, Inc.2025Todd DeBonis473,025436,56200909,587
14Amtech Systems, Inc.2025Robert C. Daigle450,0000259,4100723,580
Techpoint Inc.not in coverage universe
Luna Innovations Incorporatednot in coverage universe
NVE Corporationnot in coverage universe
CVD Equipment Corporationnot in coverage universe
Akoustis Technologies, Inc.not in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Atomeranot disclosedRSU 50 · PSU 50not disclosedCompensia
Akoustis Technologies, Inc.not disclosednot disclosednot disclosednot disclosed
Amtech Systems, Inc.not disclosedOptions 100not disclosednot disclosed
AXT Inc.not disclosedRSU 100not disclosedCompensia
Ceva Inc.58%PSU 60 · RSU 40NoMeridian Compensation Partners
CVD Equipment Corporationnot disclosednot disclosednot disclosednot disclosed
Everspin Technologies, Inc.122.5%RSU 100not disclosednot disclosed
GSI Technology, Inc.17.4%Options 100not disclosedCompensia, Inc.
InTest Corporation15%not disclosedNoRadford
Kopin Corporationnot disclosednot disclosedNoAon plc (Human Capital Solutions practice)
Lightwave Logic, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC and Aon plc
Luna Innovations Incorporatednot disclosednot disclosednot disclosednot disclosed
Netlist Inc.not disclosednot disclosednot disclosedNone - In Fiscal 2024, our Board did not engage the services of any compensation consultants.
nLight, Inc.159%RSU 50 · PSU 50NoCompensia
NVE Corporationnot disclosednot disclosednot disclosednot disclosed
Pixelworks, Inc.not disclosednot disclosedYes — TSR relative to Peer Groupnot disclosed
QuickLogic Corporation75%RSU 100not disclosedCompensia
Skywater Technology, Incnot disclosedRSU 50 · Options 50not disclosedWillis Towers Watson
Techpoint Inc.not disclosednot disclosednot disclosednot disclosed

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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Scott BibaudDEF 14A2026-03-270001683168-26-002328Section “Executive Compensation”. As printed: 2,544,647. Filing ↗
2Section 01, Francis LaurencioDEF 14A2026-03-270001683168-26-002328Section “Executive Compensation”. As printed: 1,283,290. Filing ↗
3Section 01, Robert MearsDEF 14A2026-03-270001683168-26-002328Section “Executive Compensation”. As printed: 1,146,818. Filing ↗
4Section 03, Scott Bibaud RSUDEF 14A2026-03-270001683168-26-002328Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 288230–288237
5Section 03, Francis Laurencio RSUDEF 14A2026-03-270001683168-26-002328Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 288510–288516
6Section 03, Robert Mears RSUDEF 14A2026-03-270001683168-26-002328Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 288925–288931
7Section 08, John GerberDEF 14A2026-03-270001683168-26-002328Section “Director Compensation”. As printed: 226,681. Filing ↗
8Section 08, Steve ShevickDEF 14A2026-03-270001683168-26-002328Section “Director Compensation”. As printed: 204,181. Filing ↗
9Section 08, Duy-Loan T. LeDEF 14A2026-03-270001683168-26-002328Section “Director Compensation”. As printed: 199,181. Filing ↗
10Section 08, Suja RamnathDEF 14A2026-03-270001683168-26-002328Section “Director Compensation”. As printed: 196,681. Filing ↗
11Section 08, Scott BibaudDEF 14A2026-03-270001683168-26-002328Section “Director Compensation”. As printed: 0. Filing ↗
12Section 06, 2026 voteForm 8-K2026-05-130001683168-26-003815Item 5.07 · say-on-pay result. As reported: 88.31% (votes for as printed: 11,523,530). Filing ↗
13Section 06, 2025 voteForm 8-K2025-05-160001683168-25-003780Item 5.07 · say-on-pay result. As reported: 70.73% (votes for as printed: 7,395,432). Filing ↗
14Section 06, 2024 voteForm 8-K2024-05-020001683168-24-002929Item 5.07 · say-on-pay result. As reported: 55.92% (votes for as printed: 4,699,163). Filing ↗
15Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
16Section 09b board cost (computed)ComputedcomputedCash 250,000 + equity 576,724 + all other 0 = 826,724, summed across the director compensation table rows.machine: formula: Σ = 826,724
17nLight, Inc., Section 10b CEO totalDEF 14A2026-04-240001124796-26-000018CEO total compensation as printed in nLight, Inc.'s own proxy. As printed: 37,333,189. Filing ↗machine: span 525389–525399
18Lightwave Logic, Inc., Section 10b CEO totalDEF 14A2026-04-100001553350-26-000061CEO total compensation as printed in Lightwave Logic, Inc.'s own proxy. As printed: 8,614,697. Filing ↗machine: r4 · c27 · span 284937–284946
19Ceva Inc., Section 10b CEO totalDEF 14A2026-04-200001437749-26-012845CEO total compensation as printed in Ceva Inc.'s own proxy. As printed: 4,691,010. Filing ↗machine: t104 · r1 · c33 · span 536853–536862
20Everspin Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-070001628280-26-024076CEO total compensation as printed in Everspin Technologies, Inc.'s own proxy. As printed: 2,586,384. Filing ↗machine: span 337469–337478
21Atomera (subject), Section 10b CEO totalDEF 14A2026-03-270001683168-26-002328CEO total compensation as printed in Atomera's own proxy. As printed: 2,544,647. Filing ↗
22Kopin Corporation, Section 10b CEO totalDEF 14A2026-04-220001493152-26-018400CEO total compensation as printed in Kopin Corporation's own proxy. As printed: 2,257,423. Filing ↗machine: span 438656–438665
23GSI Technology, Inc., Section 10b CEO totalDEF 14A2026-07-160001104659-26-084241CEO total compensation as printed in GSI Technology, Inc.'s own proxy. As printed: 1,989,770. Filing ↗machine: r1 · c35 · span 406094–406103
24Skywater Technology, Inc, Section 10b CEO totalDEF 14A2026-04-270001140361-26-016806CEO total compensation as printed in Skywater Technology, Inc's own proxy. As printed: 1,675,311. Filing ↗machine: r2 · c24 · span 268855–268864
25AXT Inc., Section 10b CEO totalDEF 14A2026-03-310001437749-26-010661CEO total compensation as printed in AXT Inc.'s own proxy. As printed: 1,673,404. Filing ↗machine: r6 · c28 · span 442207–442216
26Netlist Inc., Section 10b CEO totalDEF 14A2025-07-240001558370-25-009552CEO total compensation as printed in Netlist Inc.'s own proxy. As printed: 1,557,414. Filing ↗machine: t67 · r3 · c12 · span 235591–235600
27QuickLogic Corporation, Section 10b CEO totalDEF 14A2026-03-270001437749-26-010092CEO total compensation as printed in QuickLogic Corporation's own proxy. As printed: 1,196,495. Filing ↗machine: span 283569–283578
28InTest Corporation, Section 10b CEO totalDEF 14A2026-04-280001036262-26-000024CEO total compensation as printed in InTest Corporation's own proxy. As printed: 1,099,010. Filing ↗machine: t46 · r2 · c22 · span 384281–384290
29Pixelworks, Inc., Section 10b CEO totalDEF 14A2026-04-170001040161-26-000024CEO total compensation as printed in Pixelworks, Inc.'s own proxy. As printed: 909,587. Filing ↗machine: span 418195–418202
30Amtech Systems, Inc., Section 10b CEO totalDEF 14A2026-01-230001193125-26-020762CEO total compensation as printed in Amtech Systems, Inc.'s own proxy. As printed: 723,580. Filing ↗machine: t7 · r3 · c26 · span 258228–258235
31Section 10a, AXT Inc. reciprocityDEF 14A0001437749-26-010661AXT Inc.'s most recent proxy was read; its disclosed peer group does not include Atomera. Filing ↗
32Section 10a, Ceva Inc. reciprocityDEF 14A0001437749-26-012845Ceva Inc.'s most recent proxy was read; its disclosed peer group does not include Atomera. Filing ↗
33Section 10a, GSI Technology, Inc. reciprocityDEF 14A0001104659-26-084241GSI Technology, Inc.'s most recent proxy was read; its disclosed peer group does not include Atomera. Filing ↗
34Section 10a, QuickLogic Corporation reciprocityDEF 14A0001437749-26-010092QuickLogic Corporation names Atomera in its own disclosed peer group (read from its most recent proxy). Filing ↗
35Section 10a, nLight, Inc. reciprocityDEF 14A0001124796-26-000018nLight, Inc.'s most recent proxy was read; its disclosed peer group does not include Atomera. Filing ↗
36Section 10a, Lightwave Logic, Inc. reciprocityDEF 14A0001553350-26-000061Lightwave Logic, Inc.'s most recent proxy was read; its disclosed peer group does not include Atomera. Filing ↗