Patrick Mercer compensation by year
IRIDEX Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $277,308 | $315,962 | $316,975 | $316,980 | $336,281 | $359,622 | $384,647 |
| Bonus | $0 | $0 | $55,000 | $0 | $0 | $0 | — |
| Stock awards | $46,176 | $30,300 | $115,084 | $81,100 | $0 | $582,800 | $31,368 |
| Option awards | $97,705 | $73,616 | $133,997 | $101,401 | $152,225 | $0 | $68,969 |
| Non-equity incentive | $76,020 | $52,080 | $142,983 | $67,038 | $27,057 | $161,447 | $289,265 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $3,194 | $486 | $1,062 | $1,494 | $2,510 | $2,773 | $127,651 |
| Total | $500,402 | $472,444 | $765,101 | $568,013 | $518,073 | $1,106,642 | $901,900 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: IRIDEX CORP DEF 14A filed April 24, 2026, accession 0002077096-26-000092, and prior-year filings. Open the filing on EDGAR.
How this page was built: the IRIDEX CORP filed document, accession 0002077096-26-000092. Every figure is read from that document and cited to the page and table it appears in. Filed April 24, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 133,340 | $156,007 | — |
| RSU | 80,004 | $93,604 | — |
| RSU | 33,370 | $39,042 | — |
| Option | 38,341 | — | $2.13 |
| Option | 111,240 | — | $0.94 |
Per the Outstanding Equity Awards at Fiscal Year-End table in IRIDEX CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
6 Form 4 lines since the FY2025 proxy (filed April 24, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-10-01 | Tax withholding | — | 23,917 | $0.63 | 444,867 |
| 2026-07-10 | Grant or award | — | 100,000 | $0.00 | 468,784 |
| 2026-07-10 | Grant or award derivative | — | 200,000 | $0.00 | 200,000 |
| 2026-07-10 | Grant or award derivative | — | 100,000 | $0.00 | 100,000 |
| 2026-06-13 | Tax withholding | — | 3,990 | $1.12 | 368,784 |
| 2026-05-26 | Tax withholding | — | 19,233 | $1.01 | 372,774 |
The 6 most recent of 6 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 →
IRIDEX’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Patrick Mercer · this page | President, Chief Executive Officer and Chief Operating Officer | $901,900 |
| Bassem BouHabib | Senior Vice President of International Sales and Business Development | $550,834 |
| Romeo Dizon | Chief Financial Officer | $526,214 |
| Fuad Ahmad | Former Interim Chief Financial Officer | $133,200 |
Board service
IRIDEX board · FY2025How this board is paid
Company policy: IRIDEX pays directors a $35,000 cash retainer and $75,000 in RSUs/Options. As stated in IRIDEX's FY2025 proxy.
The full IRIDEX compensation record
free company briefThis page is one person within IRIDEX's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
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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 IRIDEX'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.
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