LPCN · Lipocine Inc. · Executive Compensation

$2.27 +0.02 (+0.89%) At close · Sep 11

Market Cap

$18.71M

8.24M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mahesh V. Patel	President and Chief Executive Officer	$584,775	—	—	$89,422	$292,388	$19,751	$986,336
Dr. Nachiappan Chidambaram	Senior Vice President, Research and Development	$331,200	—	—	$69,784	$115,920	$14,000	$530,904
Krista Fogarty	Principal Accounting Officer and Corporate Controller	$275,310	—	—	$62,158	$96,359	$12,130	$445,957

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mahesh V. Patel	President and Chief Executive Officer	$565,000	—	$52,995	$39,608	$84,750	$19,418	$761,771
Dr. Nachiappan Chidambaram	Senior Vice President, Research and Development	$320,000	—	$14,837	$31,552	$33,600	$13,800	$413,789
Krista Fogarty	Principal Accounting Officer and Corporate Controller	$266,000	—	$10,729	$22,809	$27,930	$13,120	$340,588

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mahesh V. Patel	President and Chief Executive Officer	$525,000	—	—	$97,816	$218,768	$18,759	$860,343
Dr. Nachiappan Chidambaram	Senior Vice President, Research and Development	$298,000	—	—	—	$74,506	$13,200	$385,706
Krista Fogarty	Principal Accounting Officer and Corporate Controller	$248,000	—	—	—	$62,005	$11,066	$321,071

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mahesh V. Patel	President and Chief Executive Officer	$494,172	—	—	$284,943	$88,951	$15,788	$883,854
Dr. Nachiappan Chidambaram	Senior Vice President, Research and Development	$265,749	—	—	$41,029	$33,219	$12,200	$352,197
Krista Fogarty	Principal Accounting Officer and Corporate Controller	$229,305	—	—	$29,661	$28,663	$10,150	$297,779

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mahesh V. Patel	President and Chief Executive Officer	$470,640	—	—	$418,063	$195,904	$14,975	$1,099,582
Dr. Nachiappan Chidambaram	Senior Vice President, Research and Development	$253,094	—	—	$102,539	$58,528	$11,600	$425,761

Executive changes

Person	Role	Change	Effective	Filed
Michael Grissinger	director	Appointed	2026-08-03	2026-08-03
Dr. Richard Dana Ono	Director	Appointed	2026-06-03	2026-06-04
Dr. Jill M. Jene	Director	Appointed	2026-06-03	2026-06-04
John W. Higuchi	Director	Appointed	2026-06-03	2026-06-04
Dr. Mahesh V. Patel	Director	Appointed	2026-06-03	2026-06-04
R. Dana Ono	Chairman of the Board and Lead Independent Director	Appointed	2026-04-20	2026-04-21
Spyros Papapetropoulos	member of the Board	Resigned	2026-04-16	2026-04-21
Jeffrey Fink	Board	Resigned	2026-01-01	2025-12-15

Key facts CIK 1535955 CUSIP 53630X203 13F (30d) 16 filings 16 filers Visit website Investor relations