Lightwave Logic Executive Compensation (FY25)
LWLG · Executive and director compensation, fiscal 2024 to 2025
The Lightwave Logic brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Data as of September 19, 2026Latest filing (DEF 14A): April 10, 2026
4 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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87 figures on this page: 83 cited to the filing that reported them, 4 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 — Yves LeMaitre: $626,873 → $8,614,697
Frequently asked questions
Answers drawn from the data on this page.
Who is Lightwave Logic's chief executive and what were they paid?
Total compensation for Yves LeMaitre, CEO, came to $8,614,697 in fiscal 2025. Compared with the $626,873 reported for fiscal 2024, LeMaitre's total was up.
What was Lightwave Logic's say-on-pay result?
For fiscal 2023, shareholders backed the say-on-pay proposal with 82.3% of votes cast for or against in favor at the meeting held May 22, 2024.
Which companies are in Lightwave Logic's peer group?
The disclosed peer group names Aeva Technologies, Inc., AEye, Inc., American Battery Technology Company, Amprius Technologies, Inc. and ASP Isotopes Inc., among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Marcelli CFO, COO | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Yves LeMaitre CEO | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Thomas Zelibor President | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Yves LeMaitre CEO | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
James Marcelli CFO, COO | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Thomas Zelibor President | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| James S. Marcelli | OPTION | ◇ | — | — | — | — | ◇ | ◇ |
| Thomas E. Zelibor | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Yves LeMaitre | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Yves LeMaitre | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Yves LeMaitre | RSU | ◇ | — | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| James Marcelli | RSU | ◇ | = | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Siraj Nour El-Ahmadi | ◇ | ◇ | — | — | — | ◇ | ◇ |
Ronald A. Bucchi Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Laila S. Partridge | ◇ | ◇ | — | — | — | — | ◇ |
Thomas Connelly Jr | ◇ | ◇ | — | — | — | — | ◇ |
Craig Ciesla | ◇ | ◇ | — | — | — | — | ◇ |
Yves LeMaitre 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.
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 | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Aeva Technologies, Inc. AEVA
- AEye, Inc. LIDR
- American Battery Technology Company ABAT
- Amprius Technologies, Inc. AMPX
- ASP Isotopes Inc. ASPI
- Dyadic International, Inc. symbol not shown
- Frequency Electronics, Inc. FEIM
- Gingko Bioworks Holdings, Inc. symbol not shown
- Interlink Electronics, Inc. LINK
- Kopin Corporation KOPN
- LanzaTech Global, Inc. LNZA
- LightPath Technologies, Inc. LPTH
- Neonode Inc. symbol not shown
- NVE Corporation NVEC
- Optical Cable Corporation symbol not shown
- SES AI Corporation SES
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2023 | May 22, 2024 | = | ◇ | ◇ | ◇ |
| 2020 | May 27, 2021 | = | ◇ | ◇ | ◇ |
| 2017 | May 17, 2018 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Lightwave Logic disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Lightwave Logic 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
87 figures on this page: 83 cited to the filing that reported them, 4 calculated from figures it prints.
83 cited to the filing
4 calculated from the filing
Documents cited
- 0001553350-26-000061
- 0001079973-24-000811Proposal 3: Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers The following votes were cast with respect to Proposal 3.
- 0001553350-21-000489Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001553350-18-000615Item 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, “Lightwave Logic executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/LWLG (accessed 2026).
Short form: data: Velarion
The Lightwave Logic brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
4 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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Peers Lightwave Logic discloses
The companies named in LWLG's own disclosed peer group.
Terms on this page
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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}
}