How Alexander was paid
$1M 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 | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Jeremy M. Levin, DPhil, MB BChirExecutive Chairman and Former Chief Executive Officer | $644,054 | — | $744,645 | $532,000 | $14,000 | $1,934,699 |
| Margaret AlexanderPresident and Chief Executive Officer and Former Chief Operating Officer | $515,000 | $24,806 | $118,466 | $350,000 | $14,000 | $1,022,272 |
| Jeffrey RonaChief Business & Financial Officer | $506,892 | $24,806 | $118,466 | $305,000 | $14,000 | $969,164 |
What changed and why
- Margaret Alexander succeeded Dr. Levin as Chief Executive Officer effective January 1, 2026.
- $1MMargaret Alexander received a total compensation of $1,022,272 for fiscal 2025.
- 150%Named executive officers achieved 150% of their performance objectives under the annual cash plan.
- Dr. Levin was granted an option to purchase 1,650,000 shares of common stock in 2025.
- $644KDr. Levin's base salary for 2025 was set at $644,054.
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.