Companies MeiraGTx Holdings
MeiraGTx (MGTX): executive pay, fiscal 2025
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CEO pay, last three years
- $6,336,832FY2023
- $6,875,603FY2024
- $8,330,006FY2025
CEO total pay was $8,330,006 in fiscal 2025, up from $6,875,603 in fiscal 2024.
FY2025: salary $840,000 · bonus $1,645,506 · stock awards $5,823,500
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Alexandria Forbes | $840,000 | $1,645,506 | $5,823,500 | — | — | — | $21,000 | $8,330,006 |
| President and Chief Executive Officer | ||||||||
| Richard Giroux | 714,000 | 1,590,000 | 5,823,500 | — | — | — | 21,000 | 8,148,500 |
| Chief Financial Officer and Chief Operating Officer | ||||||||
| Robert Zeldin | 543,423 | 500,000 | 551,700 | — | — | — | 21,000 | 1,616,123 |
| Chief Medical Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Alexandria Forbes | $8,330,006 | $6,875,603 | $6,336,832 | ↑ +1,454,403 |
| Richard Giroux | 8,148,500 | 6,693,900 | 4,981,750 | ↑ +1,454,600 |
| Robert Zeldin | 1,616,123 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Compensation Committee seeks to reward executives for the Company's accomplishments and reflect a desire to recognize the achievement of goals intended to increase shareholder value, while enhancing the retention of key executives who help drive this performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Total Compensation Solutions |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Robert Zeldin | Option | 625 | 21.53 | — |
| Robert Zeldin | Option | 8,750 | 8.6 | — |
| Robert Zeldin | RSU | 15,000 | — | 119,250 |
| Robert Zeldin | Option | 15,625 | 6.16 | — |
| Robert Zeldin | RSU | 17,500 | — | 139,125 |
| Richard Giroux | Option | 39,675 | 8.6 | — |
| Richard Giroux | RSU | 52,500 | — | 417,375 |
| Alexandria Forbes | RSU | 62,500 | — | 496,875 |
| Alexandria Forbes | Option | 65,625 | 8.6 | — |
| Robert Zeldin | RSU | 70,000 | — | 556,500 |
| Robert Zeldin | RSU | 90,000 | — | 715,500 |
| Richard Giroux | RSU | 120,000 | — | 954,000 |
| Alexandria Forbes | RSU | 125,000 | — | 993,750 |
| Alexandria Forbes | RSU | 620,000 | — | 4,929,000 |
| Richard Giroux | RSU | 620,000 | — | 4,929,000 |
| Alexandria Forbes | RSU | 950,000 | — | 7,552,500 |
| Richard Giroux | RSU | 950,000 | — | 7,552,500 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Keith R. Harris, Ph.DIndependent · Board Chair · Audit (Chair) · Compensation (Chair) · Nominating and Corporate Governance | $180,000 | $494,250 | $0 | — | — | $674,250 |
| Nicole SeligmanIndependent · Audit · Governance (Chair) · Technology | 109,500 | 296,550 | 0 | — | — | 406,050 |
| Thomas E. Shenk, Ph.DIndependent · Audit · Science and Technology (Chair) | 102,000 | 296,550 | 0 | — | — | 398,550 |
| Lord MendozaIndependent · Compensation · Governance · Technology | 100,000 | 296,550 | 0 | — | — | 396,550 |
| Debra Yu, M.DIndependent · Compensation · Science and Technology | 92,500 | 296,550 | 0 | — | — | 389,050 |
| Ellen Hukkelhoven, Ph.DNot independent | 0 | 296,550 | 0 | — | — | 296,550 |
| Alexandria Forbes, Ph.DEmployee director · Science and Technology | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $45,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $584,000 |
| Equity awards (grant-date value) | $1,977,000 |
| All other compensation | $0 |
| Total cost of the board | $2,561,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names MeiraGTx as a peer
Companies that benchmark against MGTX
5 companies name MGTX as a compensation peer
The list of companies that name MGTX as a peer is temporarily unavailable — recheck shortly.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | MeiraGTx Holdings | 2025 | Alexandria Forbes | $840,000 | $5,823,500 | — | — | $8,330,006 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2024 | 2024-06-06 | 49,265,710 | 367,185 | 46,173 | 99.26% | Passed |
| 2023 | 2023-06-08 | — | — | — | — | — |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2024 | 2024-06-06 | 99.26%a |
| 2023 | 2023-06-08 | —b |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (15 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Alexandria Forbes. DEF 14A, filed 2026-04-30. Section “2025 Summary Compensation Table” · page 24. As printed: 8,330,006. View filing ↗
- Section 01, Richard Giroux. DEF 14A, filed 2026-04-30. Section “2025 Summary Compensation Table” · page 24. As printed: 8,148,500. View filing ↗
- Section 01, Robert Zeldin. DEF 14A, filed 2026-04-30. Section “2025 Summary Compensation Table” · page 24. As printed: 1,616,123. View filing ↗
- Section 08, Keith R. Harris, Ph.D. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 674,250. View filing ↗
- Section 08, Nicole Seligman. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 406,050. View filing ↗
- Section 08, Thomas E. Shenk, Ph.D. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 398,550. View filing ↗
- Section 08, Lord Mendoza. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 396,550. View filing ↗
- Section 08, Debra Yu, M.D. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 389,050. View filing ↗
- Section 08, Ellen Hukkelhoven, Ph.D. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 296,550. View filing ↗
- Section 08, Alexandria Forbes, Ph.D. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-10. Item 5.07 · say-on-pay result. As reported: 99.26% (votes for as printed: 49,265,710). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-06-12. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 584,000 + equity 1,977,000 + all other 0 = 2,561,000, summed across the director compensation table rows.
- MeiraGTx Holdings (subject), Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in MeiraGTx Holdings's own proxy. As printed: 8,330,006. View filing ↗