Comment by TheRealDunkirk
3 years ago
The base pay is effectively capped because salaries are taken out of money that is taxed. That's why CEO's used to stop at $1M. (Maybe they still do.) Everything else is stock because it's "free" money for the company to give away.
This isn't true if they are restricted stock units (RSUs) which are taxed as income yearly even if you do not sell