How Ph.D was paid
$9.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Options | Incentive | Other | Total |
|---|---|---|---|---|---|
| Zhengbin (Bing) Yao, Ph.DChief Executive Officer and President | $596,667 | $8,405,486 | $358,000 | $14,000 | $9,374,153 |
| Stuart Lutzker, M.D., Ph.DPresident, Research and Development | $515,779 | $2,654,364 | $247,574 | $14,000 | $3,431,717 |
| Winston Kung, MBAChief Financial Officer and Treasurer | $492,417 | $2,654,364 | $246,287 | $14,000 | $3,407,068 |
What changed and why
- $9.4MCEO total compensation increased to $9,374,153 due to higher option award values.
- $597KBase salary for the CEO increased to $596,667.
- $358KNon-equity incentive compensation for the CEO rose to $358,000.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.