Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-16

SkinHealth Systems (SKIN)

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.

$7,662,185
Marla Beck total, FY2025
CEO pay percentile vs peers
72:1
CEO-to-median pay ratio
82.6%
Say-on-pay support, latest vote
Companies that benchmark against SKIN
1 company names SKIN as a compensation peer

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

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Marla Beck$796,154$0$3,713,635$0$1,050,000$0$2,102,396$7,662,185
Former President, Chief Executive Officer and Director
Pedro Malha163,077450,0005,344,5340352,87708336,311,321
President, Chief Executive Officer, and Director
Michael Monahan496,539300,0001,295,4530417,092017,0272,526,111
Chief Financial Officer
Sheri Lewis496,53901,295,4530417,092017,5112,226,595
Chief Operations, Quality and Technology Officer
Ron Menezes450,00150,0001,295,4530378,001017,6902,191,145
Chief Revenue 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 FY20242025
Marla Beck$7,662,185
Pedro Malha6,311,321
Michael Monahan2,526,111
Sheri Lewis2,226,595
Ron Menezes2,191,145

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

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Marla BeckRSU2025-03-171,832,386$2,418,250
Michael MonahanPSU2025-03-1753,267213,068426,136451,704
Ron MenezesRSU2025-03-17639,204843,749
Marla BeckPSU2025-03-17152,699610,7951,221,5901,294,885
Pedro MalhaRSU2025-10-09961,5381,499,999
Pedro MalhaPSU2025-10-0980,128320,512641,024846,152
Pedro MalhaRSU2025-10-091,228,8461,917,000
Sheri LewisRSU2025-03-17639,204843,749
Michael MonahanRSU2025-03-17639,204843,749
Sheri LewisPSU2025-03-1753,267213,068426,136451,704
Pedro MalhaPSU2025-10-09102,404409,615819,2301,081,384
Ron MenezesPSU2025-03-1753,267213,068426,136451,704
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Marla Beck$2,418,250$1,294,885$034.9%
Michael Monahan843,749451,704034.9%
Ron Menezes843,749451,704034.9%
Pedro Malha3,416,9991,927,536036.1%
Sheri Lewis843,749451,704034.9%

% 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
Ron MenezesPSU213,068$296,165
Ron MenezesRSU960,4891,335,080
Sheri LewisPSU25,56835,540
Sheri LewisRSU843,7501,172,813
Pedro MalhaRSU1,228,8461,708,096
Michael MonahanPSU24,35033,847
Pedro MalhaPSU409,615569,365
Pedro MalhaRSU961,5381,336,538
Pedro MalhaPSU320,512445,512
Michael MonahanRSU951,7121,322,880
Michael MonahanPSU213,068296,165
Sheri LewisPSU213,068296,165
05

Incentive-plan design — the Compensation Discussion & Analysis

The key objective in our executive compensation program is to attract, motivate, retain, incentivize, and reward leaders who create an inclusive and diverse environment and have the skills and experience necessary to successfully execute on our strategic plan to maximize stockholder value. To attract the very best talent necessary for our continued success, we target base pay and variable short and long-term compensation at the market median level.

CEO STI target (% of salary)125%
CEO LTI target (% of salary)
Independent consultantFrederic W. Cook & Co. (FW Cook)
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1058,604,73512,346,5411,021,20182.6%Passed
20252025-06-1267,289,18219,578,6881,071,78777.46%Passed
20242024-06-0696,849,6242,396,0503,156,06597.59%Passed
20232023-06-14113,454,143425,84923,71299.63%Passed
20222022-06-28118,081,0379,40736,46699.99%Passed

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
20262026-06-1082.6%a
20252025-06-1277.46%b
20242024-06-0697.59%c

a. Approved under the standard stated in the filing — “However, because broker non-votes and abstentions are not considered votes "cast" under Delaware law, they will have no effect on the approval of Proposal 1 or Proposal 3.”.

b. Approved under the standard stated in the filing — “However, because broker non-votes and abstentions are not considered votes "cast" under Delaware law, they will have no effect on the approval of Proposal 1 or Proposal 3.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.

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)72 : 1
CEO total compensation$7,611,867
Median employee compensation$105,574
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Doug SchillingerIndependent · Audit · Compensation (Chair)$70,000$112,500$0$0$89,825$272,325
Brenton L. SaundersNot independent · Board Chair145,000112,500000257,500
Michelle KerrickIndependent · Audit (Chair) · Nominating/Governance70,000112,500000182,500
Stephen J. FanningIndependent · Audit · Nominating/Governance (Chair)62,500112,500000175,000
Brian MillerIndependent · Compensation · Nominating/Governance57,500112,500000170,000
Desiree GruberIndependent · Compensation · Not standing for re-election52,500112,500000165,000
Philippe Schaison, PharmaDIndependent · Compensation · Nominating/Governance · Not standing for re-election9,84475,00000084,844
Pedro MalhaEmployee director00000
Sachin Shridharani, M.DIndependent · Nominating/Governance · Newly elected000000
E. Scott BeattieIndependent · Compensation · Newly elected000000
Kenneth TrippIndependent · Audit · Newly elected000000
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$112,500
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline5x cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$467,344
Equity awards (grant-date value)$750,000
All other compensation$89,825
Total cost of the board$1,307,169

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

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies SkinHealth Systems names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including SkinHealth Systems.

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
1Hims & Hers Health2025Andrew Dudum$494,792$10,635,352$11,000,000$585,763$22,958,907
2Beauty, Inc.2025Denise Paulonis1,229,2316,000,11601,868,4329,112,619
3Inspire Medical Systems2025Timothy Herbert750,5725,999,6550961,5577,711,784
4YETI Holdings, Inc.2025Matthew Reintjes1,057,3085,500,18701,126,0337,697,528
5SkinHealth Systems2025Marla Beck796,1543,713,63501,050,0007,662,185
6Olaplex Holdings Inc2025Amanda Baldwin1,000,0005,000,0000515,0006,541,537
7USANA Health Sciences2025Jim Brown821,2313,147,0200339,1684,339,625
8Tactile Systems Tech2025Sheri Dodd675,0002,019,9780737,4383,466,916
Interparfums, Inc.not in coverage universe
Sight Sciences Incnot in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
SkinHealth Systems140%RSU 75 · PSU 25Yes — Relative TSRFrederic W. Cook & Co. (FW Cook)
Beauty, Inc.95%PSU 50 · RSU 50Yes — rTSRFW Cook
Hims & Hers Health93.72%Options 51 · RSU 49NoCompensia, Inc.
Inspire Medical Systems111.4%PSU 50 · RSU 50NoAon
Interparfums, Inc.not disclosednot disclosednot disclosednot disclosed
Olaplex Holdings Inc103%RSU 100not disclosedAon
Sight Sciences Incnot disclosednot disclosednot disclosednot disclosed
Tactile Systems Tech115%PSU 50 · RSU 50NoAon Consulting, Inc.
USANA Health Sciences14.6% of base salary for most NEOs; 41.3% for Jim Brown (CEO); 15% for Brent Neidig (whose bonus excluded the Hiya segment)%not disclosedYes — Positive absolute Total Shareholder Return (TSR)CODA
YETI Holdings, Inc.71.0%PBRSU 75 · RSU 25Yes — Relative Total Stockholder Return (TSR)FW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

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, Marla BeckDEF 14A2026-04-240001683168-26-003189Section “Summary Compensation Table”. As printed: 7,662,185. Filing ↗machine: r13 · c25 · span 535635–535644
2Section 01, Pedro MalhaDEF 14A2026-04-240001683168-26-003189Section “Summary Compensation Table”. As printed: 6,311,321. Filing ↗machine: r1 · c25 · span 523203–523212
3Section 01, Michael MonahanDEF 14A2026-04-240001683168-26-003189Section “Summary Compensation Table”. As printed: 2,526,111. Filing ↗machine: r4 · c25 · span 526335–526344
4Section 01, Sheri LewisDEF 14A2026-04-240001683168-26-003189Section “Summary Compensation Table”. As printed: 2,226,595. Filing ↗machine: r7 · c25 · span 529416–529425
5Section 01, Ron MenezesDEF 14A2026-04-240001683168-26-003189Section “Summary Compensation Table”. As printed: 2,191,145. Filing ↗machine: r10 · c25 · span 532558–532567
6Section 03, Marla Beck RSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r5 · c3 · span 484485–484494
7Section 03, Michael Monahan PSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r2 · c7 · span 482986–482993
8Section 03, Ron Menezes RSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r4 · c3 · span 483915–483922
9Section 03, Marla Beck PSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r5 · c7 · span 484629–484636
10Section 03, Pedro Malha RSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t130 · r2 · c12 · span 659669–659676
11Section 03, Pedro Malha PSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t130 · r3 · c20 · span 662355–662362
12Section 03, Pedro Malha RSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t130 · r4 · c12 · span 663739–663748
13Section 03, Sheri Lewis RSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r3 · c3 · span 483385–483392
14Section 03, Michael Monahan RSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r2 · c3 · span 482844–482851
15Section 03, Sheri Lewis PSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r3 · c7 · span 483527–483534
16Section 03, Pedro Malha PSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t130 · r5 · c20 · span 666269–666276
17Section 03, Ron Menezes PSUDEF 14A2026-04-240001683168-26-003189Section “Grants of Plan-Based Awards in Fiscal 2025” · grants of plan-based awards table. Filing ↗machine: t108 · r4 · c7 · span 484057–484064
18Section 07, pay ratioDEF 14A2026-04-240001683168-26-003189Section “CEO Pay Ratio”. As printed: 72 : 1. Filing ↗machine: span 870072–870076
19Section 08, Doug SchillingerDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 272,325. Filing ↗machine: r7 · c15 · span 323270–323277
20Section 08, Brenton L. SaundersDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 257,500. Filing ↗machine: t58 · r1 · c15 · span 318790–318797
21Section 08, Michelle KerrickDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 182,500. Filing ↗machine: t58 · r4 · c15 · span 321020–321027
22Section 08, Stephen J. FanningDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 175,000. Filing ↗machine: t58 · r2 · c15 · span 319539–319546
23Section 08, Brian MillerDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 170,000. Filing ↗machine: t58 · r5 · c15 · span 321763–321770
24Section 08, Desiree GruberDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 165,000. Filing ↗machine: t58 · r3 · c15 · span 320284–320291
25Section 08, Philippe Schaison, PharmaDDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 84,844. Filing ↗machine: t58 · r6 · c15 · span 322516–322522
26Section 08, Pedro MalhaDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 0. Filing ↗
27Section 08, Sachin Shridharani, M.DDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 0. Filing ↗
28Section 08, E. Scott BeattieDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 0. Filing ↗
29Section 08, Kenneth TrippDEF 14A2026-04-240001683168-26-003189Section “Director Compensation”. As printed: 0. Filing ↗
30Section 06, 2026 voteForm 8-K2026-06-160001628280-26-043539Item 5.07 · say-on-pay result. As reported: 82.6% (votes for as printed: 58,604,735). Filing ↗
31Section 06, 2025 voteForm 8-K2025-06-170001628280-25-031820Item 5.07 · say-on-pay result. As reported: 77.46% (votes for as printed: 67,289,182). Filing ↗
32Section 06, 2024 voteForm 8-K2024-06-110001628280-24-027695Item 5.07 · say-on-pay result. As reported: 97.59% (votes for as printed: 96,849,624). Filing ↗
33Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
34Section 09b board cost (computed)ComputedcomputedCash 467,344 + equity 750,000 + all other 89,825 = 1,307,169, summed across the director compensation table rows.machine: formula: Σ = 1,307,169
35Hims & Hers Health, Section 10b CEO totalDEF 14A2026-04-280001773751-26-000060CEO total compensation as printed in Hims & Hers Health's own proxy. As printed: 22,958,907. Filing ↗machine: r3 · c27 · span 587953–587963
36Beauty, Inc., Section 10b CEO totalDEF 14A2025-12-100001193125-25-313464CEO total compensation as printed in Beauty, Inc.'s own proxy. As printed: 9,112,619. Filing ↗machine: t140 · r6 · c10 · span 1924400–1924409
37Inspire Medical Systems, Section 10b CEO totalDEF 14A2026-03-200001140361-26-010490CEO total compensation as printed in Inspire Medical Systems's own proxy. As printed: 7,711,784. Filing ↗machine: r2 · c25 · span 1164868–1164877
38YETI Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-260001140361-26-011375CEO total compensation as printed in YETI Holdings, Inc.'s own proxy. As printed: 7,697,528. Filing ↗machine: r2 · c22 · span 1046975–1046984
39SkinHealth Systems (subject), Section 10b CEO totalDEF 14A2026-04-240001683168-26-003189CEO total compensation as printed in SkinHealth Systems's own proxy. As printed: 7,662,185. Filing ↗machine: r13 · c25 · span 535635–535644
40Olaplex Holdings Inc, Section 10b CEO totalDEF 14A2026-05-290001868726-26-000044CEO total compensation as printed in Olaplex Holdings Inc's own proxy. As printed: 6,541,537. Filing ↗machine: t27 · r3 · c8 · span 629363–629372
41USANA Health Sciences, Section 10b CEO totalDEF 14A2026-04-070000896264-26-000026CEO total compensation as printed in USANA Health Sciences's own proxy. As printed: 4,339,625. Filing ↗machine: span 527796–527806
42Tactile Systems Tech, Section 10b CEO totalDEF 14A2026-03-250001104659-26-034206CEO total compensation as printed in Tactile Systems Tech's own proxy. As printed: 3,466,916. Filing ↗machine: r3 · c12 · span 865797–865806
43Section 10a, YETI Holdings, Inc. reciprocityDEF 14A0001140361-26-011375YETI Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include SkinHealth Systems. Filing ↗
44Section 10a, Inspire Medical Systems reciprocityDEF 14A0001140361-26-010490Inspire Medical Systems's most recent proxy was read; its disclosed peer group does not include SkinHealth Systems. Filing ↗
45Section 10a, USANA Health Sciences reciprocityDEF 14A0000896264-26-000026USANA Health Sciences's most recent proxy was read; its disclosed peer group does not include SkinHealth Systems. Filing ↗
46Section 10a, Tactile Systems Tech reciprocityDEF 14A0001104659-26-034206Tactile Systems Tech's most recent proxy was read; its disclosed peer group does not include SkinHealth Systems. Filing ↗