Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-21

NeuroPace (NPCE)

CEO Joel Becker was paid $2,408,566 in fiscal year 2025, ↓ down 20.4% from fiscal year 2024 (SEC filing 0001140361-26-015894 ↗): 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.

$2,408,566 ↓
Joel Becker total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Sample answer — “What is the CEO’s total compensation?”
- Joel Becker (President and Chief Executive Officer), FY2025 total compensation $2,408,566 (base salary $567,567) [exec_comp, SEC accession 0001140361-26-015894, filed 2026-04-21]

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

NPCE's next annual pay disclosure, estimated April 21, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Joel Becker$567,567$0$587,340$701,850$551,810$0$0$2,408,566
President and Chief Executive Officer
Patrick Williams263,4610539,759650,452192,263001,645,935
Chief Financial Officer
Martha Morrell489,8420140,634168,183235,473001,034,132
Chief Medical Officer
Rebecca Kuhn268,1660117,468140,44100320,233846,308
Former Chief Financial Officer, Vice President, Finance and Administration

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
Joel Becker$2,408,566$3,024,894$1,511,674↓ −616,328
Patrick Williams1,645,935———
Martha Morrell1,034,1321,169,5511,108,676↓ −135,419
Rebecca Kuhn846,3081,093,306994,911↓ −246,998

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 NPCE
4 companies name NPCE as a compensation peer

Each company listed discloses NPCE 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 NPCE 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
Frank FischerChair of the Board$173,704
Joseph S. LacobIndependent Director$123,704
Lisa AndradeIndependent Director$138,704
Rakhi KumarIndependent Director$138,704
Renee RyanIndependent Director$136,204
Scott HuennekensIndependent Director$257,200
Uri GeigerIndependent Director$126,204
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Joel BeckerRSU58,500—$903,240
Patrick WilliamsRSU41,480—640,451
Martha MorrellRSU11,700—180,648
Joel BeckerRSU29,514—455,696
Rebecca KuhnRSU6,667—102,938
Rebecca KuhnRSU11,700—180,648
Patrick WilliamsRSU10,370—160,113
Martha MorrellRSU7,031—108,559
Rebecca KuhnRSU7,031—108,559
Martha MorrellRSU6,667—102,938
Martha MorrellRSU2,922—45,116
Rebecca KuhnRSU2,921—45,100
Joel BeckerOption150,5844.39—
Joel BeckerOption56,72317.11—
Joel BeckerOption8,72410.04—
Joel BeckerOption90,47610.04—
Patrick WilliamsOption17,60010.41—
Patrick WilliamsOption20,82410.41—
Patrick WilliamsOption49,52610.41—
Martha MorrellRSU140,449—0
Martha MorrellOption5,8468.15—
Martha MorrellOption13,51417.11—
Martha MorrellOption19,85012.02—
Rebecca KuhnRSU154,000—0
Rebecca KuhnOption5,8428.15—
Rebecca KuhnOption13,51417.11—
Rebecca KuhnOption19,85010.04—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy is designed to align named executive officers' interests with those of stockholders and to retain and incentivize them over the long-term. Base salary provides a fixed component reflecting skill and responsibility, while equity awards serve as a retention measure tied to continuous service, and annual cash bonuses reward the achievement of defined corporate and individual goals.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantAlpine, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Scott HuennekensIndependent · Audit$49,306—$207,895——$257,200
Frank FischerIndependent · Board Chair · Audit · Nominating and Corporate Governance (Chair)95,000—78,704——173,704
Rakhi KumarIndependent · Audit (Chair)60,000—78,704——138,704
Lisa AndradeIndependent · Compensation (Chair) · Nominating and Corporate Governance60,000—78,704——138,704
Renee RyanIndependent · Audit · Compensation57,500—78,704——136,204
Uri GeigerIndependent · Compensation47,500—78,704——126,204
Joseph S. LacobIndependent · Nominating and Corporate Governance · Not standing for re-election45,000—78,704——123,704
Joel BeckerEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$115,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)10,000 / 15,000 / 10,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$414,306
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$414,306

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
1NeuroPace2025Joel Becker$567,567$587,340$701,850$551,810$2,408,566

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 NeuroPace in fiscal 2025?
As disclosed, Joel Becker (President and Chief Executive Officer) was the highest-paid executive at NeuroPace in fiscal 2025, with total compensation of $2,408,566.
How much does NeuroPace spend in total on board compensation for fiscal 2025?
As disclosed, NeuroPace reported total board compensation of $414,306 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 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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Joel BeckerDEF 14A2026-04-210001140361-26-015894Section “Executive Compensation”. As printed: 2,408,566. View filing ↗
2Section 01, Patrick WilliamsDEF 14A2026-04-210001140361-26-015894Section “Executive Compensation”. As printed: 1,645,935. View filing ↗
3Section 01, Martha MorrellDEF 14A2026-04-210001140361-26-015894Section “Executive Compensation”. As printed: 1,034,132. View filing ↗
4Section 01, Rebecca KuhnDEF 14A2026-04-210001140361-26-015894Section “Executive Compensation”. As printed: 846,308. View filing ↗
5Section 08, Scott HuennekensDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 257,200. View filing ↗
6Section 08, Frank FischerDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 173,704. View filing ↗
7Section 08, Rakhi KumarDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 138,704. View filing ↗
8Section 08, Lisa AndradeDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 138,704. View filing ↗
9Section 08, Renee RyanDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 136,204. View filing ↗
10Section 08, Uri GeigerDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 126,204. View filing ↗
11Section 08, Joseph S. LacobDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 123,704. View filing ↗
12Section 08, Joel BeckerDEF 14A2026-04-210001140361-26-015894Section “Director Compensation”. As printed: 0. View filing ↗
13Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.
14Section 09b board cost (computed)Computed——Cash 414,306 + equity 0 + all other 0 = 414,306, summed across the director compensation table rows.
15NeuroPace (subject), Section 10b CEO totalDEF 14A2026-04-210001140361-26-015894CEO total compensation as printed in NeuroPace's own proxy. As printed: 2,408,566. View filing ↗