Companies FTC Solar, Inc.
FTC Solar (FTCI): executive pay, fiscal 2025
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CEO pay, last three years
- $2,365,817FY2024
- $4,630,620FY2025
CEO total pay was $4,630,620 in fiscal 2025, up from $2,365,817 in fiscal 2024.
FY2025: salary $650,000 · bonus $275,000 · stock awards $3,695,000 · option awards $0
Executives and directors
Frequently asked questions
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 |
|---|---|---|---|---|---|---|---|---|
| Yann Brandt | $650,000 | $275,000 | $3,695,000 | $0 | $0 | $0 | $10,620 | $4,630,620 |
| Former President and Chief Executive Officer | ||||||||
| Patrick Cook | 358,943 | 0 | 1,479,000 | 0 | 0 | 0 | 16,161 | 1,854,104 |
| Senior Vice President Capital Markets and Business Development | ||||||||
| Cathy Behnen | 390,000 | 0 | 1,396,000 | 0 | 0 | 0 | 10,392 | 1,796,392 |
| Chief Financial Officer | ||||||||
| Sasan Aminpour | 364,000 | 0 | 1,191,000 | 0 | 0 | 0 | 14,792 | 1,569,792 |
| Chief Operating 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Yann Brandt | $4,630,620 | $2,365,817 | — | ↑ +2,264,803 |
| Patrick Cook | 1,854,104 | 425,929 | 1,102,403 | ↑ +1,428,175 |
| Cathy Behnen | 1,796,392 | 532,860 | — | ↑ +1,263,532 |
| Sasan Aminpour | 1,569,792 | 379,200 | 1,527,507 | ↑ +1,190,592 |
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 compensation packages for the Named Executive Officers primarily consist of base salary, annual bonus and long-term incentive awards consisting of restricted stock unit awards and, in certain cases, stock options.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Aon Human Capital Solutions |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | false |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Shaker Sadasivam | RSU | — | — | — | 9,045 | — | $44,076 |
| Sasan Aminpour | PSU | — | — | 125,000 | — | — | 1,025,000 |
| Sasan Aminpour | RSU | — | — | — | 50,000 | — | 166,000 |
| Cathy Behnen | PSU | — | — | 150,000 | — | — | 1,230,000 |
| Cathy Behnen | RSU | — | — | — | 50,000 | — | 166,000 |
| Cathy Behnen | RSU | — | — | — | 20,000 | — | 141,120 |
| Yann Brandt | PSU | — | — | 250,000 | — | — | 52,225 |
| Yann Brandt | RSU | — | — | — | 400,000 | — | 980,800 |
| Yann Brandt | PSU | — | — | 400,000 | — | — | 3,280,000 |
| Yann Brandt | RSU | — | — | — | 125,000 | — | 415,000 |
| Patrick Cook | RSU | — | — | — | 75,000 | — | 249,000 |
| Patrick Cook | PSU | — | — | 150,000 | — | — | 1,230,000 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Shaker Sadasivam | $44,076 | $0 | $0 | 0.0% |
| Sasan Aminpour | 166,000 | 1,025,000 | 0 | 86.1% |
| Cathy Behnen | 307,120 | 1,230,000 | 0 | 80.0% |
| Yann Brandt | 1,395,800 | 3,332,225 | 0 | 70.5% |
| Patrick Cook | 249,000 | 1,230,000 | 0 | 83.2% |
% 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 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Sasan Aminpour | RSU | 63,462 | — | $692,370 |
| Cathy Behnen | RSU | 64,003 | — | 698,273 |
| Patrick Cook | RSU | 84,475 | — | 921,622 |
| Cathy Behnen | PSU | 190,000 | — | 2,072,900 |
| Patrick Cook | PSU | 210,000 | — | 2,291,100 |
| Sasan Aminpour | PSU | 214,350 | — | 2,338,559 |
| Yann Brandt | RSU | 291,673 | — | 3,182,152 |
| Yann Brandt | PSU | 650,000 | — | 7,091,500 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Tony AlvarezIndependent · Audit (Chair) · Partial-year service | $29,167 | $114,667 | — | — | $0 | $143,834 |
| Shaker SadasivamIndependent · Board Chair · Lead Independent Director · Compensation (Chair) · Nominating and Corporate Governance · Audit | 95,000 | 41,517 | — | — | 0 | 136,517 |
| Anthony CarrollEmployee director · Partial-year service | 2,083 | 125,766 | — | — | 0 | 127,849 |
| Darrell JacksonIndependent · Audit · Compensation | 33,333 | 87,916 | — | — | 0 | 121,249 |
| Lisan HungIndependent · Nominating and Corporate Governance (Chair) · Compensation | 60,000 | 41,517 | — | — | 0 | 101,517 |
| Dean PriddyIndependent · Not standing for re-election · Departed during FY · Partial-year service | 40,834 | 59,787 | — | — | 0 | 100,621 |
| Ahmad ChatilaIndependent | 50,000 | 41,517 | — | — | 0 | 91,517 |
| David SpringerIndependent | 50,000 | 41,517 | — | — | 0 | 91,517 |
| Pablo BarahonaIndependent · Audit | 50,000 | 41,517 | — | — | 0 | 91,517 |
| Maximillian SultanIndependent | 0 | 0 | — | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $410,417 |
| Equity awards (grant-date value) | $595,721 |
| All other compensation | $0 |
| Total cost of the board | $1,006,138 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names FTC Solar as a peer
Companies that benchmark against FTCI
1 company names FTCI as a compensation peer
- Array Technologies, Inc.ARRYFY2025
Each company listed discloses FTCI 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 FTCI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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 | FTC Solar, Inc. | 2025 | Yann Brandt | $650,000 | $3,695,000 | $0 | $0 | $4,630,620 |
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.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-09-04 | — | — | — | — | — |
| 2024 | 2024-11-08 | — | — | — | — | — |
| 2023 | 2023-06-01 | — | — | — | — | — |
| 2022 | 2022-06-17 | — | — | — | — | — |
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 |
|---|---|---|
| 2025 | 2025-09-04 | —a |
| 2024 | 2024-11-08 | —b |
| 2023 | 2023-06-01 | —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.
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 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 |
|---|---|---|---|---|---|---|---|---|
| Ahmad Chatila | Director | 2026-10-22 | A | 22,222 | $0 | $0 | Common | Form 4 ↗ |
| Pablo Barahona | Director | 2026-10-22 | A | 26,667 | 0 | 0 | Common | Form 4 ↗ |
| Tony Alvarez | Director | 2026-10-22 | A | 31,111 | 0 | 0 | Common | Form 4 ↗ |
| David Springer | Director | 2026-10-22 | A | 22,222 | 0 | 0 | Common | Form 4 ↗ |
| Shaker Sadasivam | Director | 2026-10-22 | A | 48,889 | 0 | 0 | Common | Form 4 ↗ |
| Anthony Carroll | Director | 2026-10-22 | A | 7,184 | 0 | 0 | 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 (39 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, Yann Brandt. DEF 14A, filed 2026-10-19. Section “Summary Compensation Table”. As printed: 4,630,620. View filing ↗
- Section 01, Patrick Cook. DEF 14A, filed 2026-10-19. Section “Summary Compensation Table”. As printed: 1,854,104. View filing ↗
- Section 01, Cathy Behnen. DEF 14A, filed 2026-10-19. Section “Summary Compensation Table”. As printed: 1,796,392. View filing ↗
- Section 01, Sasan Aminpour. DEF 14A, filed 2026-10-19. Section “Summary Compensation Table”. As printed: 1,569,792. View filing ↗
- Section 03, Shaker Sadasivam RSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Sasan Aminpour PSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Sasan Aminpour RSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Cathy Behnen PSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Cathy Behnen RSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Cathy Behnen RSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Yann Brandt PSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Yann Brandt RSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Yann Brandt PSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Yann Brandt RSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Patrick Cook RSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Patrick Cook PSU. DEF 14A, filed 2026-10-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Tony Alvarez. DEF 14A, filed 2026-10-19. Section “Director Compensation”. As printed: 143,834. View filing ↗
- Section 08, Shaker Sadasivam. DEF 14A. Section “Director Compensation”. As printed: 136,517.
- Section 08, Anthony Carroll. DEF 14A, filed 2026-10-19. Section “Director Compensation”. As printed: 127,849. View filing ↗
- Section 08, Darrell Jackson. DEF 14A, filed 2026-10-19. Section “Director Compensation”. As printed: 121,249. View filing ↗
- Section 08, Lisan Hung. DEF 14A, filed 2026-10-19. Section “Director Compensation”. As printed: 101,517. View filing ↗
- Section 08, Dean Priddy. DEF 14A, filed 2026-10-19. Section “Director Compensation”. As printed: 100,621. View filing ↗
- Section 08, Ahmad Chatila. DEF 14A. Section “Director Compensation”. As printed: 91,517.
- Section 08, David Springer. DEF 14A. Section “Director Compensation”. As printed: 91,517.
- Section 08, Pablo Barahona. DEF 14A, filed 2026-10-19. Section “Director Compensation”. As printed: 91,517. View filing ↗
- Section 08, Maximillian Sultan. DEF 14A, filed 2026-10-19. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Ahmad Chatila 2026-10-22. Form 4, filed 2026-10-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Pablo Barahona 2026-10-22. Form 4, filed 2026-10-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Tony Alvarez 2026-10-22. Form 4, filed 2026-10-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David Springer 2026-10-22. Form 4, filed 2026-10-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Shaker Sadasivam 2026-10-22. Form 4, filed 2026-10-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Anthony Carroll 2026-10-22. Form 4, filed 2026-10-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-09-04. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-11-12. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-06-01. Item 5.07 · say-on-pay result. As reported: —. 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 410,417 + equity 595,721 + all other 0 = 1,006,138, summed across the director compensation table rows.
- FTC Solar, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-10-19. CEO total compensation as printed in FTC Solar, Inc.'s own proxy. As printed: 4,630,620. View filing ↗