How Ph.D. was paid
$11.5M 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 | Bonus | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Eli Wallace, Ph.D.Former President and Chief Executive Officer | $571,850 | $256,775 | $7,646,920 | $3,000,000 | $14,000 | $11,489,545 |
| Uneek Mehra, M.B.A.Former Chief Financial Officer | $233,188 | $179,030 | $4,130,876 | — | $12,531 | $4,555,625 |
| Yong Ben, M.D., M.B.A.Chief Medical and Development Officer | $525,300 | $231,655 | $2,456,409 | — | $14,000 | $3,227,364 |
What changed and why
- $11.5MFormer CEO Eli Wallace received $11,489,545 in total compensation for 2025, an increase from $4,463,320 in 2024.
- 105%Corporate performance objectives for the annual bonus were achieved at 105% of target.
- $3MDr. Wallace earned a $3,000,000 milestone bonus upon completion of the business combination transaction in August 2025.
- $75,000Uneek Mehra commenced employment as Chief Financial Officer on July 21, 2025, receiving a $75,000 signing bonus.
- Option awards constituted the largest component of equity compensation for named executive officers in 2025.
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.