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Tech — Software

Digimarc Executive Compensation (FY25)

DMRC · Beaverton, OR · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Riley McCormack
Latest say-on-pay support
=
April 30, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): April 30, 2026
13 filings cited on this page
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288 figures on this page: 279 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Riley McCormack: $2,127,797 → $2,449,771 (15.1% higher)
Say-on-pay support: 84.2% → 89.9% (5.7 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Digimarc's chief executive and what were they paid?
Total compensation for Riley McCormack, Chief Executive Officer & President, came to $2,449,771 in fiscal 2025. Compared with the $2,127,797 reported for fiscal 2024, McCormack's total was 15.1% higher.
What was Digimarc's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 89.9% of votes cast for or against in favor at the meeting held April 30, 2026.
Which companies are in Digimarc's peer group?
The disclosed peer group names Aware, Inc., Ceva, Inc., eGain Corporation, Identiv, Inc. and Immersion Corporation, among others.
What is Digimarc's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 11.7:1, against median employee compensation of $210,175.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Riley McCormack
Chief Executive Officer
◇—◇————◇
Charles Beck
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Joel Meyer
Executive Vice President, Chief Legal Officer, Compliance Officer, and Corporate Secretary
◇—◇—◇—◇◇
Ken Sickles
Executive Vice President, Chief Product Officer
◇—◇—◇—◇◇
Tony Rodriguez
Executive Vice President, Chief Technology Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Riley McCormack
Chief Executive Officer & President
◇—◇—◇—◇◇
Charles Beck
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Joel Meyer
Executive Vice President, Chief Legal Officer and Secretary
◇—◇—◇—◇◇
Kenneth Sickles
Executive Vice President, Chief Product Officer
◇—◇—◇—◇◇
Tony Rodriguez
Executive Vice President, Chief Technology Officer
◇—◇—◇—◇◇
Tom Benton
Executive Vice President,
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Riley McCormack
Chief Executive Officer & President
◇—◇—◇—◇◇
George Karamanos
Former Executive Vice President,
◇—◇—◇—◇◇
Tom Benton
Executive Vice President,
◇—◇—◇—◇◇
Charles Beck
Executive Vice President,
◇—◇—◇—◇◇
Tony Rodriguez
Executive Vice President,
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Carle Quinn
Executive Vice President, Chief Operating Officer
◇—◇—◇—◇◇
Riley McCormack
Chief Executive Officer & President
◇—◇—◇——◇
Charles Beck
Executive Vice President, Chief Financial Officer, Treasurer and Secretary
◇—◇—◇—◇◇
George Karamanos
Former Executive Vice President, Chief Legal Officer and Secretary
Departed during or after this year
◇—◇—◇—◇◇
Tony Rodriguez
Executive Vice President, Chief Technology Officer
◇—◇—◇——◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Carle QuinnRSU◇——◇——◇
Carle QuinnRSU◇——◇——◇
Carle QuinnPSU◇—◇—◇—◇
Carle QuinnPSU◇—◇—◇—◇
Carle QuinnPSU◇◇◇—◇—◇
Charles BeckPSU◇◇◇—◇—◇
Charles BeckRSU◇——◇——◇
Charles BeckPSU◇—◇—◇—◇
George KaramanosPSU◇◇◇—◇—◇
George KaramanosRSU◇——◇——◇
George KaramanosPSU◇—◇—◇—◇
Riley McCormackPSU◇—◇—◇—◇
Tony RodriguezPSU◇—◇—◇—◇
Tony RodriguezRSU◇——◇——◇
Tony RodriguezPSU◇◇◇—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Carle QuinnPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Riley McCormackPSU◇◇——
PSU◇◇——
Charles BeckRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Tony RodriguezRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
George KaramanosRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Carle Quinn
Executive Vice President, Chief Operating Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Charles Beck
Executive Vice President, Chief Financial Officer, Treasurer and Secretary
Severance cash amount◇
Change-in-control multiple◇
George Karamanos
Former Executive Vice President, Chief Legal Officer and Secretary · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Riley McCormack
Chief Executive Officer & President · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Tony Rodriguez
Executive Vice President, Chief Technology Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rishi Bajaj
◇◇————◇
Katie Kool
Board chair
◇◇————◇
LaShonda Anderson-Williams
◇◇————◇
Dana Mcilwain
◇◇————◇
Sheila Cheston
◇◇————◇
Sandeep Dadlani
◇◇————◇
Michael Park
◇◇————◇
Riley McCormack served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Aware, Inc. AWRE
  • Ceva, Inc. CEVA
  • eGain Corporation EGAN
  • Identiv, Inc. INVE
  • Immersion Corporation IMMR
  • Intellicheck, Inc. IDN
  • Logility Supply Chain Solutions, Inc. AMSW.A
  • Mitek Systems, Inc. MITK
  • NVE Corporation NVEC
  • PDF Solutions, Inc. PDFS
  • Rekor Systems, Inc. REKR
  • ReposiTrak, Inc. TRAK

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 30, 2026=◇◇◇
2024May 7, 2025=◇◇◇
2023June 7, 2024=◇◇◇
2022May 10, 2023=◇◇◇
2021May 13, 2022=◇◇◇
2020May 5, 2021=◇◇◇
2018April 30, 2019=◇◇◇
2017April 30, 2018=◇◇◇
2016May 1, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Riley McCormack (Chief Executive Officer & President), FY2025 total compensation $2,449,771 (base salary $415,000) [exec_comp, SEC accession 0001437749-26-009586, filed 2026-03-24]

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What this page does not include

Everything above is a fact Digimarc disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Digimarc sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
288 figures on this page: 279 cited to the filing that reported them, 9 calculated from figures it prints.
279 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001437749-26-014256
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001437749-26-009586
    Compensation Discussion and Analysis · DIRECTOR COMPENSATION
  3. 0001437749-25-015388
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001437749-25-009135
  5. 0001437749-24-019792
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001437749-24-013039
  7. 0001437749-23-014223
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001437749-23-008239
    2022 Summary Compensation Table
  9. 0001564590-22-020362
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001564590-21-024157
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001564590-19-015548
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001564590-18-010754
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001564590-17-008857
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Digimarc executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DMRC (accessed 2026).
Short form: data: Velarion

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13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Digimarc discloses

The companies named in DMRC's own disclosed peer group.

Aware, Inc.Ceva, Inc.eGain CorporationIdentiv, Inc.Immersion CorporationIntellicheck, Inc.Logility Supply Chain Solutions, Inc.Mitek Systems, Inc.NVE CorporationPDF Solutions, Inc.Rekor Systems, Inc.ReposiTrak, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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