Fiscal year 2025 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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Brian Allen | $106,250 | $0 | $850,000 | $0 | $0 | $0 | $742,488 | $1,698,738 |
| Former President and Chief Operating Officer | ||||||||
| Marc Horstman | 382,167 | 100,000 | 929,558 | 0 | 210,300 | 0 | 1,591 | 1,623,616 |
| Chief Operating Officer and President | ||||||||
| Akash Patel | 105,000 | 0 | 756,000 | 0 | 0 | 0 | 739,355 | 1,600,355 |
| Former Chief Financial Officer | ||||||||
| Daniel Rice | 0 | 0 | 0 | 0 | 0 | 0 | 43,234 | 43,234 |
| Chief Executive 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Brian Allen | $1,698,738 | — | — | — |
| Marc Horstman | 1,623,616 | — | — | — |
| Akash Patel | 1,600,355 | — | — | — |
| Daniel Rice | 43,234 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Brian Allen | RSU | 2025-04-02 | — | — | 117,757 | — | — |
| Akash Patel | RSU | 2025-04-02 | — | — | 132,399 | — | — |
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.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Marc Horstman | RSU | 93,458 | — | $213,084 |
| Marc Horstman | RSU | 46,729 | — | 106,542 |
| Marc Horstman | PSU | 74,766 | — | 81,494 |
| Marc Horstman | RSU | 20,000 | — | 45,600 |
| Marc Horstman | RSU | 5,627 | — | 12,829 |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
| Annual cash retainer | $60,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 50,000 / 10,000 |
| Stock ownership guideline | — |
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 | Net Power | 2025 | Daniel Rice | $0 | $0 | $0 | $0 | $43,234 |
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Brian Allen | DEF 14A | 2026-04-23 | 0001140361-26-016383 | Section “Executive Compensation”. As printed: 1,698,738. Filing ↗machine: r4 · c21 · span 442747–442756 |
| 2 | Section 01, Marc Horstman | DEF 14A | 2026-04-23 | 0001140361-26-016383 | Section “Executive Compensation”. As printed: 1,623,616. Filing ↗machine: r8 · c21 · span 458669–458678 |
| 3 | Section 01, Akash Patel | DEF 14A | 2026-04-23 | 0001140361-26-016383 | Section “Executive Compensation”. As printed: 1,600,355. Filing ↗machine: r6 · c21 · span 450928–450937 |
| 4 | Section 01, Daniel Rice | DEF 14A | 2026-04-23 | 0001140361-26-016383 | Section “Executive Compensation”. As printed: 43,234. Filing ↗machine: r2 · c21 · span 434601–434607 |
| 5 | Section 03, Brian Allen RSU | DEF 14A | 2026-04-23 | 0001140361-26-016383 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 482798–482805 |
| 6 | Section 03, Akash Patel RSU | DEF 14A | 2026-04-23 | 0001140361-26-016383 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 482784–482791 |
| 7 | Net Power (subject), Section 10b CEO total | DEF 14A | 2026-04-23 | 0001140361-26-016383 | CEO total compensation as printed in Net Power's own proxy. As printed: 43,234. Filing ↗machine: r2 · c21 · span 434601–434607 |