Cartesian Therapeutics (RNAC) executive compensation, 2026 proxy

Carsten Brunn, Ph.D., President and Chief Executive Officer, was paid $4.3M in 2025, down 41% from $7.3M the year before.

Filed
April 28, 2026
Annual meeting
June 12, 2026
Pay year
2025
Named executives
5
CEO total pay
$4.3M-41% vs prior year
CEO pay in equity
76%$3.3M in awards
CEO Target Bonus
60%Expressed as percentage of base salary
NEO Target Bonus
40%Expressed as percentage of base salary

How Ph.D. was paid

$4.3M 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.

Salary16%Stock awards22%Option awards53%Non-equity incentive8%All other compensation0%

Named executive officers

ExecutiveTotal
Carsten Brunn, Ph.D.President and Chief Executive Officer$4,329,868
Blaine DavisChief Financial Officer$1,949,927
Milos Miljkovic, M.D.Chief Medical Officer$1,657,535
Christopher Jewell, Ph.D.Former Chief Scientific Officer$2,015,707
Metin Kurtoglu, M.D., Ph.D.Former Chief Technology Officer$2,474,034

What changed and why

  • $4.3MCarsten Brunn received total compensation of $4,329,868 in fiscal 2025, down from $7,314,211 in fiscal 2024.
  • $674KBase salary for the Chief Executive Officer increased to $674,000 for fiscal 2025.
  • Annual performance bonus for the Chief Executive Officer was determined based on company clinical and business goals.
  • Christopher Jewell ceased service as Chief Scientific Officer effective November 14, 2025.
  • Metin Kurtoglu ceased service as Chief Technology Officer effective May 1, 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.