In 2023, Carl Spana, Ph.D. earned $979.00K in total compensation at Palatin Technologies, including $700.00K salary and $262.50K bonus. Most recently acquired 224,402 shares in Jul 2024. Currently holds stock worth $255.15M. Has led Palatin Technologies for over 18 years.
Compensation History
Annual executive compensation data for Carl Spana, Ph.D., including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$979.00K
Salary
$700.00K
Bonus
$262.50K
Other
$16.50K
Salary
$700.00KBoard Justification
The executive compensation program is based on pay for performance, aligning incentives with the long-term interests of stockholders.
Bonus
$262.50KBoard Justification
The fiscal 2023 annual incentive bonus for the named executive officers was determined based on corporate performance and individual achievements, with a target annual incentive opportunity of 60% of base salary, resulting in a payout of 62.5% of the target.
Other Compensation
$16.50KBoard Justification
Consists of matching contributions to 401(k) plan.
Restricted Stock
Board Justification
No stock grants that vested in 2023 are included in the total compensation as per the request.
Performance Metrics
The performance metrics include advancing clinical and regulatory development of product candidates, entering into licensing agreements, and overall financial condition.
Carl Spana, Ph.D.
CEO of Palatin Technologies
Field of Expertise
Business & Management
Sector of Economy
Healthcare
CEO of Palatin Technologies for
18 years 6 months (Jun 2007 - Present)
Previous Experience
Chief Executive Officer and President at Palatin Technologies, Inc.
Holdings
Track Carl Spana, Ph.D.'s stock holdings and portfolio value over time.
Insider Trading
Carl Spana, Ph.D.'s recent stock transactions, purchases, and sales filed with the SEC.
224,402 shares
PTN
Jul 15, 2024
Received
79,605 shares
PTN
Jun 20, 2023
Received
$22.30K
PTN at $2.23/share
Dec 27, 2022
Received
$22.30K
PTN at $2.23/share
Dec 27, 2022
Purchase
43,528 shares
PTN
Jun 24, 2022
Received
700,023 shares
PTN
Jun 22, 2022
Received
$46.13K
PTN at $0.62/share
Jun 30, 2021
Purchase
$46.13K
PTN at $0.62/share
Jun 30, 2021
Received
1,133,491 shares
PTN
Jun 22, 2021
Received
373,400 shares
PTN
Jun 24, 2020
Received
Rivals
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