How Ph.D. was paid
$3.5M in total for fiscal 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 |
|---|---|---|---|---|---|---|
| Pratik Shah, Ph.D.President, Chief Executive Officer and Chairperson | $395,000 | $144,000 | $2,754,300 | $237,000 | $14,000 | $3,544,300 |
| Sean Jeffries, Ph.D.Chief Operating Officer | $484,000 | $6,400 | $1,193,530 | $193,600 | $14,000 | $1,891,530 |
| Chris M. Storgard, M.D.Chief Medical Officer | $339,310 | $144,726 | $1,396,960 | $135,724 | $14,000 | $2,030,270 |
What changed and why
- $3.5MCEO total compensation increased to $3,544,300 in 2025 due to option awards granted.
- $395KPratik Shah received a base salary of $395,000 for 2025.
- 100%Non-equity incentive plan compensation for the CEO was $237,000 based on 100% goal achievement.
- $144KDiscretionary cash bonuses of $144,000 were awarded to the CEO for 2025 contributions.
- $2.8MOption awards for the CEO totaled $2,754,300 in aggregate grant date fair value.
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.