Vanda Pharmaceuticals (VNDA) executive compensation, 2026 proxy

Mihael H. Polymeropoulos, M.D., President, Chief Executive Officer and Chairman of the Board, was paid $3.9M in 2025, down 1% from $3.9M the year before. The CEO-to-median-employee pay ratio was 23:1, on median employee pay of $166,623.

Filed
April 23, 2026
Annual meeting
June 4, 2026
Pay year
2025
Named executives
5
CEO total pay
$3.9M-1% vs prior year
CEO to median employee
23:1median $166,623
CEO pay in equity
52%$2M in awards
Prior say-on-pay support
74%of votes cast
CEO Target Bonus
80%For 2026 fiscal year
Stock Ownership CEO
6xAnnual base salary requirement
Stock Ownership NEO
3xAnnual base salary requirement
Total Net Revenues
$216.1MFor fiscal year 2025

How M.D. was paid

$3.9M 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.

Salary25%Stock awards52%Non-equity incentive22%All other compensation1%

Named executive officers

ExecutiveTotal
Mihael H. Polymeropoulos, M.D.President, Chief Executive Officer and Chairman of the Board$3,851,468
Kevin MoranSenior Vice President, Chief Financial Officer and Treasurer$1,439,660
Gunther BirznieksSenior Vice President, Business Development$1,415,471
Joakim WijkstromSenior Vice President, Chief Marketing Officer$1,457,528
Timothy WilliamsSenior Vice President, General Counsel and Secretary$1,444,969

What changed and why

  • $3.9MCEO total compensation decreased slightly to $3,851,468 in 2025 from $3,896,241 in 2024.
  • $216.1MTotal revenues reached $216.1 million alongside a net loss of $220.5 million.
  • 108%Annual cash incentive bonuses were earned at 108% of target for NEOs.
  • Performance-based RSUs were introduced for executive long-term incentives beginning in 2026.

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.