Companies Net Power Inc.
Net Power (NPWR): executive pay, fiscal 2025
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CEO pay, last three years
- $20,995,052FY2024
- $43,234FY2025
CEO total pay was $43,234 in fiscal 2025, down from $20,995,052 in fiscal 2024.
FY2025: salary $0 · bonus $0 · stock awards $0 · option awards $0
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Executives and directors
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 |
|---|---|---|---|---|---|---|---|---|
| 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.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Brian Allen | $1,698,738 | $6,278,805 | $646,157 | ↓ −4,580,067 |
| Marc Horstman | 1,623,616 | — | — | — |
| Akash Patel | 1,600,355 | 5,133,637 | 587,578 | ↓ −3,533,282 |
| Daniel Rice | 43,234 | 20,995,052 | — | ↓ −20,951,818 |
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
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
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 |
|---|---|---|---|---|---|---|---|
| Brian Allen | RSU | 2025-04-02 | — | — | 117,757 | — | — |
| Akash Patel | RSU | 2025-04-02 | — | — | 132,399 | — | — |
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 |
|---|---|---|---|---|
| Marc Horstman | RSU | 5,627 | — | $12,829 |
| Marc Horstman | RSU | 20,000 | — | 45,600 |
| Marc Horstman | RSU | 46,729 | — | 106,542 |
| Marc Horstman | PSU | 74,766 | — | 81,494 |
| Marc Horstman | RSU | 93,458 | — | 213,084 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $60,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 12,000 |
| Stock ownership guideline | — |
Peer group, and who names Net Power as a peer
Companies that benchmark against NPWR
No companies currently name NPWR 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 | Net Power Inc. | 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.
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 (8 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, Brian Allen. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 1,698,738. View filing ↗
- Section 01, Marc Horstman. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 1,623,616. View filing ↗
- Section 01, Akash Patel. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 1,600,355. View filing ↗
- Section 01, Daniel Rice. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 43,234. View filing ↗
- Section 03, Brian Allen RSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Akash Patel RSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Net Power Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Net Power Inc.'s own proxy. As printed: 43,234. View filing ↗