Lipocine Inc. Files 2024 Executive Compensation Details

Ticker: LPCN · Form: DEF 14A · Filed: 2025-04-22T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, sec-filing, annual-report

Related Tickers: LPCN

TL;DR

Lipocine Inc. dropped its 2024 exec pay report - check out Mahesh Patel's compensation.

AI Summary

Lipocine Inc. filed its DEF 14A on April 22, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on compensation for key personnel such as Mahesh Patel, a member, and other non-PEO/NEO members, along with adjustments for grant date values. The company's principal business is in pharmaceutical preparations.

Why It Matters

This filing provides transparency into how Lipocine Inc. compensates its top executives, which can influence investor decisions and employee morale.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and does not contain new material financial or operational information.

Key Players & Entities

Lipocine Inc. (company) — Filer
Mahesh Patel (person) — Executive Compensation Recipient
2024-12-31 (date) — Fiscal Year End
20250422 (date) — Filing Date

FAQ

What is the primary business of Lipocine Inc.?

Lipocine Inc. is primarily involved in Pharmaceutical Preparations, as indicated by its SIC code [2834].

When was this DEF 14A filing submitted?

The filing was submitted on April 22, 2025.

What fiscal year does this filing primarily cover regarding compensation?

The filing covers the fiscal year ending December 31, 2024.

Who is specifically mentioned in relation to compensation adjustments?

Mahesh Patel and 'ecd:NonPeoNeoMember' are mentioned in relation to compensation adjustments, including 'AdjustmentForGrantDateValuesMember'.

What was Lipocine Inc.'s former company name?

Lipocine Inc.'s former company name was MARATHON BAR CORP, with a date of name change on November 30, 2011.

From the Filing

0001641172-25-005633.txt : 20250422 0001641172-25-005633.hdr.sgml : 20250422 20250422093012 ACCESSION NUMBER: 0001641172-25-005633 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250422 DATE AS OF CHANGE: 20250422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lipocine Inc. CENTRAL INDEX KEY: 0001535955 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences EIN: 990370688 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-36357 FILM NUMBER: 25855848 BUSINESS ADDRESS: STREET 1: 675 ARAPEEN DRIVE, SUITE 202 CITY: SALT LAKE CITY STATE: X1 ZIP: 84108 BUSINESS PHONE: 801 994 7383 MAIL ADDRESS: STREET 1: 675 ARAPEEN DRIVE, SUITE 202 CITY: SALT LAKE CITY STATE: X1 ZIP: 84108 FORMER COMPANY: FORMER CONFORMED NAME: MARATHON BAR CORP DATE OF NAME CHANGE: 20111130 DEF 14A 1 formdef14a.htm false 0001535955 DEF 14A 0001535955 2024-01-01 2024-12-31 0001535955 2023-01-01 2023-12-31 0001535955 2022-01-01 2022-12-31 0001535955 LPCN:MaheshPatelMember 2024-01-01 2024-12-31 0001535955 ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001535955 LPCN:MaheshPatelMember 2023-01-01 2023-12-31 0001535955 ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001535955 LPCN:MaheshPatelMember 2022-01-01 2022-12-31 0001535955 ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001535955 LPCN:MaheshPatelMember LPCN:AdjustmentForGrantDateValuesMember 2024-01-01 2024-12-31 0001535955 ecd:NonPeoNeoMember LPCN:AdjustmentForGrantDateValuesMember 2024-01-01 2024-12-31 0001535955 LPCN:MaheshPatelMember LPCN:AdjustmentForGrantDateValuesMember 2023-01-01 2023-12-31 0001535955 ecd:NonPeoNeoMember LPCN:AdjustmentForGrantDateValuesMember 2023-01-01 2023-12-31 0001535955 LPCN:MaheshPatelMember LPCN:AdjustmentForGrantDateValuesMember 2022-01-01 2022-12-31 0001535955 ecd:NonPeoNeoMember LPCN:AdjustmentForGrantDateValuesMember 2022-01-01 2022-12-31 0001535955 LPCN:MaheshPatelMember LPCN:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2024-01-01 2024-12-31 0001535955 ecd:NonPeoNeoMember LPCN:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2024-01-01 2024-12-31 0001535955 LPCN:MaheshPatelMember LPCN:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2023-01-01 2023-12-31 0001535955 ecd:NonPeoNeoMember LPCN:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2023-01-01 2023-12-31 0001535955 LPCN:MaheshPatelMember LPCN:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2022-01-01 2022-12-31 0001535955 ecd:NonPeoNeoMember LPCN:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2022-01-01 2022-12-31 0001535955 LPCN:MaheshPatelMember LPCN:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2024-01-01 2024-12-31 0001535955 ecd:NonPeoNeoMember LPCN:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2024-01-01 2024-12-31 0001535955 LPCN:MaheshPatelMember LPCN:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001535955 ecd:NonPeoNeoMember LPCN:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001535955 LPCN:MaheshPatelMember LPCN:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2022-01-01 2022-12-31 0001535955 ecd:NonPeoNeoMember LPCN:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2022-01-01 2022-12-31 0001535955 LPCN:MaheshPatelMember LPCN:FairValuesAtVestDateForAwardsGrantedAndVestedInCurrentYearMember 2024-01-01 2024-12-31 0001535955 ecd:NonPeoNeoMember LPCN:FairValuesAtVestDateForAwardsGrantedAndVestedInCurrentYearMember 2024-01-01 2024-12-31 0001535955 LPCN:MaheshPatelMember LPCN:FairValuesAtVestDateForAwardsGrantedAndVestedInCurrentYearMember 2023-01-01 2023-12-31 0001535955 ecd:NonPeoNeoMember LPCN:F