Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-22

MaxCyte (MXCT)

CEO Maher Masoud was paid $2,687,657 in fiscal year 2025, ↓ down 25.6% from fiscal year 2024 (SEC filing 0001140361-26-017844 ↗): 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.

$2,687,657 ↓
Maher Masoud total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Maher Masoud (President and Chief Executive Officer), FY2025 total compensation $2,687,657 (base salary $590,000) [exec_comp, SEC accession 0001140361-26-017844, filed 2026-04-29]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

MXCT's next annual pay disclosure, estimated April 30, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Maher Masoud$590,000$0$1,143,275$625,300$313,290$0$15,792$2,687,657
President and Chief Executive Officer
Douglas Swirsky491,0000246,750269,914201,893015,5001,225,057
Former Chief Financial Officer
Ali Soleymannezhad281,7500227,832249,22000376,3671,135,169
Former Chief Commercial 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
Maher Masoud$2,687,657$3,611,298—↓ −923,641
Douglas Swirsky1,225,0571,686,574—↓ −461,517
Ali Soleymannezhad1,135,1691,021,833—↑ +113,336

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

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Companies that benchmark against MXCT
4 companies name MXCT as a compensation peer

Each company listed discloses MXCT 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 MXCT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Cynthia CollinsIndependent Director$166,824
John JohnstonIndependent Director$169,324
Patrick J. BalthropIndependent Director$169,324
Rekha HemrajaniIndependent Director$179,324
Richard DouglasChair of the Board$204,324
Stanley C. ErckIndependent Director$176,824
Will BrookeIndependent Director$186,824
Yasir Al-WakeelIndependent Director$169,324
02

Equity transactions since the proxy statement was filed

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Yasir Al-WakeelDirector2026-06-17A30,421$0$0CommonForm 4 ↗
Patrick J. BalthropDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
Patrick J. BalthropDirector2026-06-17A30,42100CommonForm 4 ↗
Will BrookeDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
Will BrookeDirector2026-06-17A30,42100CommonForm 4 ↗
Cynthia CollinsDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
Cynthia CollinsDirector2026-06-17A30,42100CommonForm 4 ↗
Richard DouglasDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
Stanley C. ErckDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
Stanley C. ErckDirector2026-06-17A30,42100CommonForm 4 ↗
Rekha HemrajaniDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
Rekha HemrajaniDirector2026-06-17A30,42100CommonForm 4 ↗
John JohnstonDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
John JohnstonDirector2026-06-17A30,42100CommonForm 4 ↗
Yasir Al-WakeelDirector2026-06-17A49,57900Derivative, Class A CommonForm 4 ↗
Richard DouglasDirector2026-06-17A30,42100CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Ali SoleymannezhadOption—————$249,220
Maher MasoudPRSU—————1,143,275
Douglas SwirskyOption—————269,914
Douglas SwirskyPRSU—————246,750
Ali SoleymannezhadPRSU—————227,832
Maher MasoudOption—————625,300
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Ali Soleymannezhad$0$0$249,2200.0%
Maher Masoud00625,3000.0%
Douglas Swirsky00269,9140.0%

% 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
Maher MasoudOption4,1676.32—
Douglas SwirskyOption109,3754.11—
Douglas SwirskyOption126,5634.31—
Douglas SwirskyPSU37,500—58,125
Douglas SwirskyRSU37,500—58,125
Maher MasoudPSU400,000—620,000
Douglas SwirskyOption150,0003.29—
Douglas SwirskyRSU60,937—94,452
Douglas SwirskyPSU31,250—48,438
Maher MasoudPSU347,500—538,625
Maher MasoudOption37,5004.19—
Maher MasoudOption208,3334.42—
Maher MasoudOption347,5003.29—
Maher MasoudOption8,8757.12—
05

Incentive-plan design — the Compensation Discussion & Analysis

We do not target a specific competitive position or a specific mix of compensation among base salary, bonus or long-term incentives.

CEO STI target (% of salary)60%
CEO LTI target (% of salary)—
Independent consultantPearl Meyer
Clawback policytrue
Anti-hedgingFalse
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-17—————
20252025-06-18—————
20242024-06-11—————

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
20262026-06-17—a
20252025-06-18—b
20242024-06-11—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.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard DouglasIndependent · Board Chair · Nominating/Governance$85,000$61,633$57,691—$0$204,324
Will BrookeIndependent · Audit (Chair) · Compensation67,50061,63357,691—0186,824
Rekha HemrajaniIndependent · Compensation (Chair)60,00061,63357,691—0179,324
Stanley C. ErckIndependent · Compensation · Nominating/Governance57,50061,63357,691—0176,824
Patrick J. BalthropIndependent · Nominating/Governance (Chair)50,00061,63357,691—0169,324
John JohnstonIndependent · Audit50,00061,63357,691—0169,324
Yasir Al-WakeelIndependent · Audit50,00061,63357,691—0169,324
Cynthia CollinsIndependent · Compensation · Newly elected47,50061,63357,691—0166,824
Maher MasoudEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$119,324
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$467,500
Equity awards (grant-date value)$493,064
All other compensation$0
Total cost of the board$960,564

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

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
1MaxCyte2025Maher Masoud$590,000$1,143,275$625,300$313,290$2,687,657

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.

10d

Frequently asked questions

Who was the highest-paid executive at MaxCyte in fiscal 2025?
As disclosed, Maher Masoud (President and Chief Executive Officer) was the highest-paid executive at MaxCyte in fiscal 2025, with total compensation of $2,687,657.
How much does MaxCyte spend in total on board compensation for fiscal 2025?
As disclosed, MaxCyte reported total board compensation of $960,564 for fiscal 2025.

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.

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, Maher MasoudDEF 14A2026-04-290001140361-26-017844Section “2025 Summary Compensation Table”. As printed: 2,687,657. Filing ↗machine: r2 · c21 · span 315402–315411
2Section 01, Douglas SwirskyDEF 14A2026-04-290001140361-26-017844Section “2025 Summary Compensation Table”. As printed: 1,225,057. Filing ↗machine: r4 · c21 · span 323290–323299
3Section 01, Ali SoleymannezhadDEF 14A2026-04-290001140361-26-017844Section “2025 Summary Compensation Table”. As printed: 1,135,169. Filing ↗machine: r6 · c21 · span 331211–331220
4Section 03, Ali Soleymannezhad OptionDEF 14A2026-04-290001140361-26-017844Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t72 · r6 · c12 · span 329473–329480
5Section 03, Maher Masoud PRSUDEF 14A2026-04-290001140361-26-017844Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t72 · r2 · c9 · span 313115–313124
6Section 03, Douglas Swirsky OptionDEF 14A2026-04-290001140361-26-017844Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t72 · r4 · c12 · span 321799–321806
7Section 03, Douglas Swirsky PRSUDEF 14A2026-04-290001140361-26-017844Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t72 · r4 · c9 · span 321310–321317
8Section 03, Ali Soleymannezhad PRSUDEF 14A2026-04-290001140361-26-017844Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t72 · r6 · c9 · span 328903–328910
9Section 03, Maher Masoud OptionDEF 14A2026-04-290001140361-26-017844Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t72 · r2 · c12 · span 313677–313684
10Section 07, pay ratio10-K2026-03-250001104659-26-034557Section “CEO Pay Ratio”. As printed: —. Filing ↗
11Section 08, Richard DouglasDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 204,324. Filing ↗machine: t89 · r6 · c12 · span 523104–523283
12Section 08, Will BrookeDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 186,824. Filing ↗machine: t89 · r4 · c12 · span 518358–518537
13Section 08, Rekha HemrajaniDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 179,324. Filing ↗machine: t89 · r8 · c12 · span 527842–528021
14Section 08, Stanley C. ErckDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 176,824. Filing ↗machine: t89 · r7 · c12 · span 525296–525475
15Section 08, Patrick J. BalthropDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 169,324. Filing ↗machine: t89 · r3 · c12 · span 515816–515995
16Section 08, John JohnstonDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 169,324. Filing ↗machine: t89 · r9 · c12 · span 529915–530093
17Section 08, Yasir Al-WakeelDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 169,324. Filing ↗machine: t89 · r2 · c12 · span 513617–513796
18Section 08, Cynthia CollinsDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 166,824. Filing ↗machine: t89 · r5 · c12 · span 520553–520732
19Section 08, Maher MasoudDEF 14A2026-04-290001140361-26-017844Section “Director Compensation”. As printed: 0. Filing ↗
20Section 02, Yasir Al-Wakeel 2026-06-17Form 42026-06-220000905148-26-003049Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Patrick J. Balthrop 2026-06-17Form 42026-06-220000905148-26-003050Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Patrick J. Balthrop 2026-06-17Form 42026-06-220000905148-26-003050Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Will Brooke 2026-06-17Form 42026-06-220000905148-26-003051Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Will Brooke 2026-06-17Form 42026-06-220000905148-26-003051Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Cynthia Collins 2026-06-17Form 42026-06-220000905148-26-003052Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Cynthia Collins 2026-06-17Form 42026-06-220000905148-26-003052Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Richard Douglas 2026-06-17Form 42026-06-220000905148-26-003053Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Stanley C. Erck 2026-06-17Form 42026-06-220000905148-26-003054Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Stanley C. Erck 2026-06-17Form 42026-06-220000905148-26-003054Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Rekha Hemrajani 2026-06-17Form 42026-06-220000905148-26-003055Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Rekha Hemrajani 2026-06-17Form 42026-06-220000905148-26-003055Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, John Johnston 2026-06-17Form 42026-06-220000905148-26-003056Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, John Johnston 2026-06-17Form 42026-06-220000905148-26-003056Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Yasir Al-Wakeel 2026-06-17Form 42026-06-220000905148-26-003049Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Richard Douglas 2026-06-17Form 42026-06-220000905148-26-003053Insider equity transaction reported since the proxy statement. Filing ↗
36Section 06, 2026 voteForm 8-K2026-06-170001104659-26-075211Item 5.07 · say-on-pay result. As reported: —. Filing ↗
37Section 06, 2025 voteForm 8-K2025-06-180001558370-25-008730Item 5.07 · say-on-pay result. As reported: —. Filing ↗
38Section 06, 2024 voteForm 8-K2024-06-120001558370-24-009097Item 5.07 · say-on-pay result. As reported: —. Filing ↗
39Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
40Section 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).machine: formula: sums + PSU ratio
41Section 09b board cost (computed)Computed——Cash 467,500 + equity 493,064 + all other 0 = 960,564, summed across the director compensation table rows.machine: formula: Σ = 960,564
42MaxCyte (subject), Section 10b CEO totalDEF 14A2026-04-290001140361-26-017844CEO total compensation as printed in MaxCyte's own proxy. As printed: 2,687,657. Filing ↗machine: r2 · c21 · span 315402–315411

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