Bicycle Therapeutics (BCYC) executive compensation, 2026 proxy

Kevin Lee, Ph.D., MBA, Chief Executive Officer, was paid $6.3M in 2025, up 31% from $4.9M the year before.

Filed
April 22, 2026
Annual meeting
June 17, 2026
Pay year
2025
Named executives
3
CEO total pay
$6.3M+31% vs prior year
CEO pay in equity
74%$4.7M in awards
2025 CEO Total Pay
$6,341,473Increased from prior year
Corporate Achievement Level
97%Bonus plan goal achievement
CEO Base Salary
$862,339Fixed cash compensation

How MBA was paid

$6.3M 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.

Salary14%Stock awards47%Option awards27%Non-equity incentive9%All other compensation4%

Named executive officers

ExecutiveTotal
Kevin Lee, Ph.D., MBAChief Executive Officer$6,341,473
Michael Skynner, Ph.D.Chief Scientific Officer$2,327,010
Alistair MilnesChief Corporate Development Officer$2,292,424

What changed and why

  • $6.3MCEO Kevin Lee received total compensation of $6,341,473 in 2025, an increase from $4,857,218 in 2024.
  • 97%The Board determined a corporate goal achievement level of 97% for the 2025 annual bonus plan.
  • Long-term equity incentives were granted through options and RSUs in January 2025.
  • Corporate performance goals included clinical development progress for zelenectide pevedotin and nuzefatide pevedotin.

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.