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Companies Insight Molecular Diagnostics Inc.

Insight Molecular Diagnostics (IMDX): executive pay, fiscal 2025

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CEO total pay$2,594,786CEO Joshua Riggs · source
Say-on-pay support99.76%Latest vote · source

CEO pay, last three years

  • $724,910FY2023
  • $786,077FY2024
  • $2,594,786FY2025

CEO total pay was $2,594,786 in fiscal 2025, up from $786,077 in fiscal 2024.

FY2025: salary $472,293 · bonus $184,675 · stock awards $599,999 · option awards $1,332,000

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Executives and directors

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Joshua Riggs$472,293$184,675$599,999$1,332,000$0$0$5,819$2,594,786
President and Chief Executive Officer
Andrea James367,355152,293359,998782,5500016,9301,679,126
Chief Financial Officer
James Liu221,80468,31159,99791,7400013,138454,990
VP of Accounting, Controller, Treasurer & Principal Accounting 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 FY2024→2025
Joshua Riggs$2,594,786$786,077$724,910↑ +1,808,709
Andrea James1,679,126758,863—↑ +920,263
James Liu454,990303,928304,513↑ +151,062

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

Attract, motivate and retain highly-qualified executive officers in a competitive market; provide compensation to our executives that are competitive and reward the achievement of challenging business objectives; and align our executive officers' interests with those of our shareholders by providing a significant portion of total compensation in the form of equity awards.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)—
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Joshua RiggsOption3227.8—
James LiuOption70217.74—
James LiuOption9519.26—
James LiuOption3,8883.11—
Joshua RiggsOption4,2919.26—
James LiuOption6,0422.76—
Joshua RiggsOption6,5564.26—
James LiuOption10,0003.18—
James LiuOption18,0003.33—
James LiuRSU18,867—59,997
Andrea JamesRSU50,000—101,500
Joshua RiggsOption54,3752.76—
Andrea JamesRSU113,207—359,998
Andrea JamesOption125,0002.87—
Joshua RiggsRSU188,679—599,999
Andrea JamesOption235,0003.33—
Joshua RiggsOption400,0003.33—
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Andrew ArnoIndependent · Board Chair$145,427$167,200$0$0$0$312,627
Andrew J. LastIndependent85,427106,400000191,827
Louis E. SilvermanIndependent85,427106,400000191,827
Joshua RiggsEmployee director000—00

Board fee structure and ownership guideline

Annual cash retainer$85,427
Annual equity retainer$106,400
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—

Total cost of the board

ComponentFY2025
Cash retainers and fees$316,281
Equity awards (grant-date value)$380,000
All other compensation$0
Total cost of the board$696,281

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

Peer group, and who names Insight Molecular Diagnostics as a peer

Companies that benchmark against IMDX

1 company names IMDX as a compensation peer

Each company listed discloses IMDX 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 IMDX 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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Insight Molecular Diagnostics Inc.2025Joshua Riggs$472,293$599,999$1,332,000$0$2,594,786

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 yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1119,199,69726,12619,67999.76%Passed
20252025-06-2718,063,63928,64712,01099.78%Passed
20222022-07-1536,805,24234,793,7661,188,06851.4%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
20262026-06-1199.76%a
20252025-06-2799.78%b
20222022-07-1551.4%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as votes "against" this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as votes "against" this proposal.”.

c. Approved under the standard stated in the filing — “Broker non-votes and abstentions will not affect the outcome of any of the proposals to be voted upon.”.

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)—
CEO total compensation—
Median employee compensation—
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (14 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, Joshua Riggs. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table” · page 15. As printed: 2,594,786. View filing ↗
  • Section 01, Andrea James. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table” · page 15. As printed: 1,679,126. View filing ↗
  • Section 01, James Liu. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table” · page 15. As printed: 454,990. View filing ↗
  • Section 07, pay ratio. 10-K, filed 2026-03-26. Section “CEO Pay Ratio”. As printed: —. View filing ↗
  • Section 08, Andrew Arno. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 312,627. View filing ↗
  • Section 08, Andrew J. Last. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 191,827. View filing ↗
  • Section 08, Louis E. Silverman. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 191,827. View filing ↗
  • Section 08, Joshua Riggs. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-17. Item 5.07 · say-on-pay result. As reported: 99.76% (votes for as printed: 19,199,697). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-07-02. Item 5.07 · say-on-pay result. As reported: 99.78% (votes for as printed: 18,063,639). View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-07-21. Item 5.07 · say-on-pay result. As reported: 51.4%. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 316,281 + equity 380,000 + all other 0 = 696,281, summed across the director compensation table rows.
  • Insight Molecular Diagnostics Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Insight Molecular Diagnostics Inc.'s own proxy. As printed: 2,594,786. View filing ↗
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