ImmunityBio (IBRX) executive compensation, 2026 proxy

Richard Adcock, President and CEO, was paid $12.7M in 2025, up 16% from $11M the year before. The CEO-to-median-employee pay ratio was 69:1.

Filed
April 30, 2026
Annual meeting
June 9, 2026
Pay year
2025
Named executives
4
CEO total pay
$12.7M+16% vs prior year
CEO to median employee
69:1
CEO pay in equity
88%$11.1M in awards
Prior say-on-pay support
99%of votes cast
2025 Net Product Revenue
$113M700% increase over prior year
CEO Base Salary
$831,667Earned during fiscal 2025
CEO Stock Awards
$2,787,828Grant date fair value
CEO Option Awards
$8,353,406Grant date fair value

How Adcock was paid

$12.7M 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.

Salary7%Bonus1%Stock awards22%Option awards66%Non-equity incentive4%All other compensation1%

Named executive officers

ExecutiveTotal
Richard AdcockPresident and CEO$12,716,953
David SachsCFO$4,244,543
Patrick Soon-Shiong, M.D.Global Chief Scientific and Medical Officer$12,293,255
Regan LauerChief Accounting Officer$745,313

What changed and why

  • $113MFull-year 2025 net product revenue reached $113 million, representing a 700% increase over the prior year.
  • $12.7MCEO Richard Adcock received total compensation of $12,716,953 in 2025, compared to $10,954,875 in 2024.
  • 3%Base salaries for NEOs increased by 3% to 5% in March 2025.
  • 77%Corporate performance goals under the 2025 STIP were achieved at approximately 77% of target.
  • 100%Discretionary bonuses were awarded to bring total annual bonus payouts to 100% of target opportunities.

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.