David Heard compensation by year
Infinera Summary Compensation Table · all 3 fiscal years held| Component | FY2021 | FY2022 | FY2023 |
|---|---|---|---|
| Salary | $700,000 | $700,000 | $729,000 |
| Bonus | $200,000 | $0 | $0 |
| Stock awards | $3,702,300 | $4,855,638 | $5,137,500 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $0 | $700,000 | $791,163 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $4,665 | $5,062 | $5,985 |
| Total | $4,606,965 | $6,260,700 | $6,663,648 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Infinera Corporation DEF 14A filed May 17, 2024, accession 0001138639-24-000128, and prior-year filings.
How this page was built: the Infinera Corporation filed document, accession 0001138639-24-000128. Every figure is read from that document and cited to the page and table it appears in. Filed May 17, 2024.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 412,500 | $1,959,375 | — |
| RSU | 346,666 | $1,646,664 | — |
| RSU | 337,500 | $1,603,125 | — |
| PSU | 258,000 | $1,225,500 | — |
| RSU | 96,296 | $457,406 | — |
| RSU | 28,667 | $136,168 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Infinera Corporation's FY2023 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
9 Form 4 lines since the FY2023 proxy (filed May 17, 2024)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2025-02-28 | Grant or award | — | 412,500 | $0.00 | 1,512,989 |
| 2025-02-28 | Disposition to the issuer | — | 1,512,989 | — | 0 |
| 2025-02-28 | Disposition to the issuer derivative | — | 2,121,150 | $0.00 | 0 |
| 2025-02-28 | Grant or award derivative | — | 623,334 | $0.00 | 623,334 |
| 2025-02-27 | Grant or award derivative | — | 305,432 | $0.00 | 305,432 |
| 2025-01-13 | Grant or award derivative | — | 650,000 | $0.00 | 650,000 |
| 2025-01-05 | Exercise or conversion derivative | — | 28,125 | $0.00 | 140,624 |
| 2025-01-05 | Tax withholding | — | 8,416 | $6.59 | 1,100,489 |
The 8 most recent of 9 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Infinera’s named executive officers, FY2023
as the company reported each| Named executive officer | Role | FY2023 total |
|---|---|---|
| David Heard · this page | Chief Executive Officer | $6,663,648 |
| Nancy Erba | Chief Financial Officer | $2,537,779 |
| Nicholas Walden | Senior Vice President, Worldwide Sales | $1,725,045 |
| David Teichmann | Chief Legal Officer and Corporate Secretary | $1,567,731 |
Board service
Infinera board · FY2023How this board is paid
Company policy: Infinera pays directors a $50,000 cash retainer and $200,000 in RSUs. As stated in Infinera's FY2023 proxy.
The full Infinera compensation record
free company briefThis page is one person within Infinera's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Infinera proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Infinera's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.