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Award Timing Disclosure
12 Months Ended
Dec. 31, 2024
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure

The following table summarizes the compensation paid by the Company to non-employee directors for the calendar year that ended December 31, 2024:

Name

Fees Earned or
Paid in Cash ($)1

Stock Awards ($)2

All Other
Compensation ($)

Total ($)

Manuel P. Alvarez 133,768 133,732   267,500
Molly Campbell 133,768 133,732   267,500
Archana Deskus 133,768 133,732   267,500
Serge Dumont 133,768 133,732   267,500
Rudolph I. Estrada3 (retired)

158,768

133,732

 

292,500

Mark Hutchins 161,268 133,732   295,000
Paul H. Irving 156,268 133,732   290,000
Sabrina Kay 133,768 133,732   267,500
Jack C. Liu 161,268 133,732   295,000
Lester M. Sussman 201,268 133,732   335,000
1.Annual cash retainers were paid to directors in June 2024 for service from May 2024 to May 2025.
  
2.The Company granted 1,818 shares of the Company’s common stock to each non-employee director on May 28, 2024. The grant date fair value is based on the number of shares granted and the closing price of the Company’s stock on the grant date. The closing price of the Company’s common stock was $73.56 on May 28, 2024. The grant date fair values are computed in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic No. 718, Compensation—Stock Compensation. See the Company’s Annual Report on Form 10-K, Note 1 - Summary of Significant Accounting Policies, on the Company’s accounting for share-based compensation plans.
  
3.Mr. Estrada retired from the Company’s Board on March 3, 2025.
Manuel P. Alvarez [Member]  
Awards Close in Time to MNPI Disclosures  
Name Manuel P. Alvarez
Underlying Securities 133,732 [1]
Molly Campbell [Member]  
Awards Close in Time to MNPI Disclosures  
Name Molly Campbell
Underlying Securities 133,732 [1]
Archana Deskus [Member]  
Awards Close in Time to MNPI Disclosures  
Name Archana Deskus
Underlying Securities 133,732 [1]
Serge Dumont [Member]  
Awards Close in Time to MNPI Disclosures  
Name Serge Dumont
Underlying Securities 133,732 [1]
Rudolph I. Estrada [Member]  
Awards Close in Time to MNPI Disclosures  
Name Rudolph I. Estrada [2]
Underlying Securities 133,732 [1],[2]
Mark Hutchins [Member]  
Awards Close in Time to MNPI Disclosures  
Name Mark Hutchins
Underlying Securities 133,732 [1]
Paul H. Irving [Member]  
Awards Close in Time to MNPI Disclosures  
Name Paul H. Irving
Underlying Securities 133,732 [1]
Sabrina Kay [Member]  
Awards Close in Time to MNPI Disclosures  
Name Sabrina Kay
Underlying Securities 133,732 [1]
Jack C. Liu [Member]  
Awards Close in Time to MNPI Disclosures  
Name Jack C. Liu
Underlying Securities 133,732 [1]
Lester M. Sussman [Member]  
Awards Close in Time to MNPI Disclosures  
Name Lester M. Sussman
Underlying Securities 133,732 [1]
[1] The Company granted 1,818 shares of the Company’s common stock to each non-employee director on May 28, 2024. The grant date fair value is based on the number of shares granted and the closing price of the Company’s stock on the grant date. The closing price of the Company’s common stock was $73.56 on May 28, 2024. The grant date fair values are computed in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic No. 718, Compensation—Stock Compensation. See the Company’s Annual Report on Form 10-K, Note 1 - Summary of Significant Accounting Policies, on the Company’s accounting for share-based compensation plans.
[2] Mr. Estrada retired from the Company’s Board on March 3, 2025.