Companies Genasys Inc.
Genasys (LRAD): executive pay, fiscal 2025
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CEO pay, last three years
- $1,044,150FY2024
- $782,810FY2025
CEO total pay was $782,810 in fiscal 2025, down from $1,044,150 in fiscal 2024.
FY2025: salary $476,822 · bonus $0 · stock awards $0 · option awards $290,620
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 |
|---|---|---|---|---|---|---|---|---|
| Richard Danforth | $476,822 | $0 | $0 | $290,620 | $0 | $0 | $15,368 | $782,810 |
| Chief Executive Officer | ||||||||
| Dennis Klahn | 285,760 | 0 | 0 | 112,653 | 0 | 0 | 16,192 | 414,605 |
| Chief Financial Officer & Secretary (3) | ||||||||
| Cassandra Hernandez-Monteon | 211,538 | 0 | 0 | 25,034 | 0 | 0 | 7,987 | 244,559 |
| Chief Financial Officer & Secretary (4) | ||||||||
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 |
|---|---|---|---|---|
| Richard Danforth | $782,810 | $1,044,150 | — | ↓ −261,340 |
| Dennis Klahn | 414,605 | 371,578 | — | ↑ +43,027 |
| Cassandra Hernandez-Monteon | 244,559 | — | — | — |
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 executive compensation program is designed to attract, motivate and retain a talented team of executives. We seek to accomplish this goal in a way that rewards performance that is aligned with our stockholders’ long-term interests.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FW Cook |
| Clawback policy | true |
| Anti-hedging | false |
| 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 |
|---|---|---|---|---|---|---|---|
| Richard Danforth | RSU | 2026-01-26 | — | — | 200,000 | — | — |
| Cassandra Hernandez-Monteon | RSU | 2025-12-24 | — | — | 35,000 | — | — |
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.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Cassandra Hernandez-Monteon | RSU | 1,166 | — | $2,857 |
| Dennis Klahn | RSU | 10,000 | — | 24,500 |
| Cassandra Hernandez-Monteon | Option | 13,333 | 1.7 | — |
| Cassandra Hernandez-Monteon | Option | 20,000 | 2.59 | — |
| Dennis Klahn | Option | 60,000 | 1.7 | — |
| Dennis Klahn | Option | 90,000 | 2.59 | — |
| Richard Danforth | Option | 150,000 | 2.7 | — |
| Richard Danforth | Option | 200,000 | 3.55 | — |
| Richard Danforth | Option | 212,862 | 3.39 | — |
| Richard Danforth | Option | 400,000 | 2.69 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| R. Rimmy MalhotraIndependent · Audit · Newly elected | $21,250 | $103,350 | — | — | — | $124,600 |
| Mark CulhaneIndependent · Audit (Chair) · Compensation (Chair) | 30,000 | 90,000 | — | — | — | 120,000 |
| Susan Lee SchmeiserIndependent · Audit · Nominating and Corporate Governance | 30,000 | 90,000 | — | — | — | 120,000 |
| William DoddIndependent · Audit · Compensation | 30,000 | 90,000 | — | — | — | 120,000 |
| Craig FugateIndependent · Nominating and Corporate Governance | 30,000 | 90,000 | — | — | — | 120,000 |
| Richard H. Osgood IIIIndependent · Board Chair · Compensation · Nominating and Corporate Governance (Chair) | 30,000 | 90,000 | — | — | — | 120,000 |
Board fee structure and ownership guideline
| Annual cash retainer | $35,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $171,250 |
| Equity awards (grant-date value) | $553,350 |
| All other compensation | $0 |
| Total cost of the board | $724,600 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Genasys as a peer
Companies that benchmark against LRAD
No companies currently name LRAD as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
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 | Genasys Inc. | 2025 | Richard Danforth | $476,822 | $0 | $290,620 | $0 | $782,810 |
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
No say-on-pay vote is on file for this company.
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, Richard Danforth. DEF 14A, filed 2026-01-28. Section “Executive Compensation”. As printed: 782,810. View filing ↗
- Section 01, Dennis Klahn. DEF 14A, filed 2026-01-28. Section “Executive Compensation”. As printed: 414,605. View filing ↗
- Section 01, Cassandra Hernandez-Monteon. DEF 14A, filed 2026-01-28. Section “Executive Compensation”. As printed: 244,559. View filing ↗
- Section 03, Richard Danforth RSU. DEF 14A, filed 2026-01-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Cassandra Hernandez-Monteon RSU. DEF 14A, filed 2026-01-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, R. Rimmy Malhotra. DEF 14A, filed 2026-01-28. Section “Director Compensation”. As printed: 124,600. View filing ↗
- Section 08, Mark Culhane. DEF 14A, filed 2026-01-28. Section “Director Compensation”. As printed: 120,000. View filing ↗
- Section 08, Susan Lee Schmeiser. DEF 14A, filed 2026-01-28. Section “Director Compensation”. As printed: 120,000. View filing ↗
- Section 08, William Dodd. DEF 14A, filed 2026-01-28. Section “Director Compensation”. As printed: 120,000. View filing ↗
- Section 08, Craig Fugate. DEF 14A, filed 2026-01-28. Section “Director Compensation”. As printed: 120,000. View filing ↗
- Section 08, Richard H. Osgood III. DEF 14A, filed 2026-01-28. Section “Director Compensation”. As printed: 120,000. 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 171,250 + equity 553,350 + all other 0 = 724,600, summed across the director compensation table rows.
- Genasys Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-01-28. CEO total compensation as printed in Genasys Inc.'s own proxy. As printed: 782,810. View filing ↗