Immunocore Holdings (IMCR) executive compensation, 2026 proxy

Bahija Jallal, Ph.D., Chief Executive Officer, was paid $10.9M in fiscal 2025, down 15% from $12.9M the year before. The CEO-to-median-employee pay ratio was 92:1, on median employee pay of $117,720.

Filed
April 16, 2026
Annual meeting
May 27, 2026
Pay year
fiscal 2025
Named executives
4
CEO total pay
$10.9M-15% vs prior year
CEO to median employee
92:1median $117,720
CEO pay in equity
86%$9.4M in awards
CEO Base Salary
$765,000Held flat for fiscal year 2025
CEO Target Bonus
75%Percentage of annual base salary
CEO RSU Mix
30%Proportion of annual grant value
CEO Option Mix
70%Proportion of annual grant value

How Ph.D. was paid

$10.9M 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.

Salary7%Stock awards26%Option awards60%Non-equity incentive6%All other compensation0%

Named executive officers

ExecutiveTotal
Bahija Jallal, Ph.D.Chief Executive Officer$10,885,268
Travis CoyChief Financial Officer$5,171,209
Tina St. LegerChief Human Resources Officer$1,204,261
David Berman, M.D., Ph.D.Former Executive Vice President, Head of Research & Development$4,278,988

What changed and why

  • Base salaries for executive officers were held flat for fiscal year 2025.
  • Restricted stock units were introduced as part of the long-term incentive plan alongside options.
  • Short-term incentives incorporated a significant weighting on six specific revenue and portfolio goals.
  • $12.9MCEO total compensation decreased from $12,852,234 in 2024 to $10,885,268 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.