Navitas Semiconductor Corp
For the period ended Dec 31, 2024. Filed May 29, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 31, 2024 · Filed May 29, 2025
NVTS$8.61+9.5%Stored close · as of Nov 6, 2026
Contents
Summary Compensation Table
The following table sets forth information concerning the compensation earned for the years indicated by (i) our chief executive officer and (ii) the two most highly compensated executive officers in 2024, other than the chief executive officer, who were serving as executive officers at the end of 2024 (our “named executive officers” or “NEOs”).
| Name and principal position · FiscalYear · Salary($) · Bonus($) (1) · Stock Awards($) (1) · All OtherCompensation($) (2) · Total($) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Gene SheridanPresident and Chief Executive Officer, and Class I Director | 2024 | $565,125 | $— | $13,962 | $579,087 | ||||
| 2023 | $541,669 | $504,970 | $13,362 | $1,060,001 | |||||
| Daniel M. Kinzer(3)Chief Operating Officer and Chief Technology Officer, and Class I Director | 2024 | $462,375 | $— | $13,905 | $476,280 | ||||
| 2023 | $443,751 | $309,868 | $13,362 | $766,981 | |||||
| Todd Glickman(4)Senior Vice President, Chief Financial Officer and Treasurer | 2024 | $316,949 | $325,998 | $12,840 | $655,787 | ||||
| (1) | Annual bonus amounts are shown in the “Stock Awards” column and reflect performance-based bonuses earned in respect of the year indicated and paid in March of the following year in the form of vested restricted stock units (RSUs). For additional information, see “Annual Bonus” below. For Mr. Sheridan and Mr. Kinzer, amounts shown reflect annual bonuses earned in respect of 2023 and paid in March 2024. For Mr. Glickman, amount shown reflects the grant date value of RSUs awarded to Mr. Glickman in 2024, which vest ratably over four years, and the value of a performance-based annual bonus earned in respect of 2024 and paid in the form of vested RSUs in March 2025. |
| (2) | Reflects employer matching contributions under Navitas’ 401(k) plan and the dollar value of life insurance premiums paid by the company. |
| (3) | As previously disclosed, on April 23, 2025, Mr. Kinzer resigned from his executive roles effective May 1, 2025 and as a member of the board effective May 8, 2025. The company intends to enter into an advisory arrangement with Mr. Kinzer to advise the company on gallium nitride technology. |
| (4) | Mr. Glickman became an executive officer on October 4, 2024. He was not an executive officer in 2023. |
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