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Companies Savara Inc

Savara (SVRA): executive pay, fiscal 2025

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CEO total pay$4,845,000CEO Matthew Pauls · source
Say-on-pay support98.43%Latest vote · source
CEO vs. named peers60th pct.Of 10 peer CEOs
CEO pay ratio9.3:1To the median employee · source

CEO pay, last three years

  • $3,759,723FY2023
  • $4,912,011FY2024
  • $4,845,000FY2025

CEO total pay was $4,845,000 in fiscal 2025, down from $4,912,011 in fiscal 2024.

FY2025: salary $660,000 · bonus $0 · stock awards $3,870,000 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Savara Inc in fiscal 2025?
As disclosed, Matthew Pauls (Chair of the Board of Directors and Chief Executive Officer) was the highest-paid executive at Savara Inc in fiscal 2025, with total compensation of $4,845,000.
How does Savara Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Matthew Pauls's total compensation ranked at the 60th percentile of Savara Inc's disclosed peer group.
What is Savara Inc's CEO-to-median employee pay ratio?
As disclosed, Savara Inc's CEO-to-median employee pay ratio was 9.3:1.
How did shareholders vote on Savara Inc's executive compensation?
As disclosed, 98.43% of shareholders supported Savara Inc's executive compensation in the latest say-on-pay vote.
How much does Savara Inc spend in total on board compensation for fiscal 2025?
As disclosed, Savara Inc reported total board compensation of $1,608,000 for fiscal 2025.

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 officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Matthew Pauls$660,000$0$3,870,000$0$297,000$0$18,000$4,845,000
Chair of the Board of Directors and Chief Executive Officer
Yasmine Wasfi476,72801,691,850246,742186,850018,0002,620,170
Chief Medical Officer
David Lowrance471,00001,612,5000176,625018,0002,278,125
Chief Financial & Administrative Officer and Secretary
Robert Lutz471,00001,612,5000176,625018,0002,278,125
Chief Operating 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Matthew Pauls$4,845,000$4,912,011$3,759,723↓ −67,011
Yasmine Wasfi2,620,170———
David Lowrance2,278,1251,872,6281,519,354↑ +405,497
Robert Lutz2,278,1251,871,7882,664,280↑ +406,337

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

Our executive compensation program is intended to attract and retain qualified executive officers and to align the interests of our executive officers with those of our stockholders by incentivizing and rewarding achievement of business objectives that will enhance Savara's value and by promoting commitment to long-term success.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)—
Independent consultantAon
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Yasmine WasfiOPTION2025-10-20——70,000—$246,742
Yasmine WasfiRSU2025-12-09——240,000—1,548,592
Robert LutzRSU2025-12-09——250,000—1,612,500
David LowranceRSU2025-12-09——250,000—1,612,500
Matthew PaulsRSU2025-12-09——600,000—3,870,000
Yasmine WasfiRSU2025-10-20——35,000—143,850

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Yasmine Wasfi$1,692,442$0$246,7420.0%
Robert Lutz1,612,500000.0%
David Lowrance1,612,500000.0%
Matthew Pauls3,870,000000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Robert LutzOption20,0004.45—
David LowranceOption20,0004.45—
Yasmine WasfiRSU35,000—211,050
Yasmine WasfiOption55,0004.13—
David LowranceOption62,5001.51—
Yasmine WasfiOption70,0004.11—
Yasmine WasfiRSU75,000—452,250
Robert LutzRSU100,000—603,000
David LowranceRSU100,000—603,000
Robert LutzOption109,3752.53—
Matthew PaulsOption112,5004.45—
Yasmine WasfiOption131,2503.35—
Matthew PaulsOption175,0001.51—
Robert LutzOption225,0003.35—
David LowranceOption225,0003.35—
Yasmine WasfiRSU240,000—1,447,200
Robert LutzRSU250,000—1,507,500
David LowranceRSU250,000—1,507,500
Matthew PaulsRSU400,000—2,412,000
Matthew PaulsRSU600,000—3,618,000
Matthew PaulsOption675,0003.35—
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Joseph S. McCrackenIndependent · Lead Independent Director · Compensation · Nominating/Governance (Chair)$87,000$258,000$0$0$0$345,000
David A. RamsayIndependent · Audit (Chair) · Nominating/Governance65,000258,000000323,000
Nevan ElamIndependent · Compensation (Chair) · Nominating/Governance59,000258,000000317,000
An van Es-JohanssonIndependent · Audit · Compensation57,000258,000000315,000
Richard J. HawkinsIndependent · Audit50,000258,000000308,000
Matthew PaulsEmployee director · Board Chair000—00

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$258,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 14,000 / 10,000
Stock ownership guideline—

Total cost of the board

ComponentFY2025
Cash retainers and fees$318,000
Equity awards (grant-date value)$1,290,000
All other compensation$0
Total cost of the board$1,608,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Savara as a peer

Companies that benchmark against SVRA

6 companies name SVRA as a compensation peer

Each company listed discloses SVRA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SVRA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies Savara Inc names as compensation peers that name it back in their own disclosed peer groups.

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Soleno Therapeutics, Inc.2024Anish Bhatnagar$640,000$46,883,000$3,231,230$403,200$51,160,430
2Altimmune, Inc.2025Vipin Garg658,6941,153,6004,812,167357,7538,026,590
3Astria Therapeutics, Inc.2024Jill Milne637,86805,637,078318,9346,604,416
4Pliant Therapeutics, Inc.2025Bernard Coulie682,0001,810,2502,713,750204,6005,462,901
5Savara Inc2025Matthew Pauls660,0003,870,0000297,0004,845,000
6Abeona Therapeutics Inc.2025Vishwas Seshadri662,0002,472,698—309,4853,991,516
7Fulcrum Therapeutics, Inc.2025Alex Sapir650,00002,052,132411,2003,251,490
8Amylyx Pharmaceuticals, Inc.2025Joshua Cohen686,200650,226817,783548,0982,719,807
9Keros Therapeutics, Inc.2025Jasbir Seehra700,0001,426,2800398,1252,540,204
10Gossamer Bio, Inc.2025Faheem Hasnain649,64901,392,006254,8002,300,455
11Applied Therapeutics, Inc.2024Les Funtleyder530,625153,000132,00001,053,846

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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Savara Inc90%RSU 100not disclosedAon
Abeona Therapeutics Inc.not disclosedRestricted Stock Awards 100not disclosedRadford, a unit of Aon plc
Altimmune, Inc.not disclosednot disclosednot disclosednot disclosed
Amylyx Pharmaceuticals, Inc.106.5%not disclosedNoPearl Meyer
Applied Therapeutics, Inc.not disclosednot disclosednot disclosedAON Radford Global Compensation Consulting
Astria Therapeutics, Inc.not disclosedOption 100not disclosedAon
Fulcrum Therapeutics, Inc.not disclosedOption 100not disclosedAon
Gossamer Bio, Inc.65%not disclosedNoAlpine Rewards
Keros Therapeutics, Inc.87.5%RSU 50 · PSU 50NoAon (Human Capital Solutions practice)
Pliant Therapeutics, Inc.not disclosedOption 66.67 · RSU 33.33not disclosedPearl Meyer; Alpine Rewards
Soleno Therapeutics, Inc.not disclosednot disclosednot disclosedAon plc

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-04156,706,5292,307,296195,25398.43%Passed
20252025-06-05120,600,9973,297,958137,18997.34%Passed

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 yearMeeting dateApproval — company’s computation
20262026-06-0498.43%a
20252025-06-0597.34%b

a. Approved under the standard stated in the filing — “An abstention will have the same effect as a negative vote.”.

b. Approved under the standard stated in the filing — “Neither abstentions nor broker non-votes will be counted toward the vote total and therefore will have no effect on the outcome of this proposal.”.

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.

CEO pay ratio

Ratio (CEO : median employee)9.3 : 1
CEO total compensation$4,845,000
Median employee compensation$519,951
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
David LowranceChief Financial Officer2026-06-22D60,057$6$330,314CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D129,35000Derivative, Class A CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D75,00000Derivative, Class A CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D53,3876293,629CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D87,65000Derivative, Class A CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D56,93700Derivative, Class A CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D10,114655,627CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22A218,7502330,313CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D28,9286159,104CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22A87,6503293,628CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D21,6826119,251CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D12,50000Derivative, Class A CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D218,75000Derivative, Class A CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D394,52862,241,432CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22A12,500455,625CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22D11,491663,201CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22A56,937163,200CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22A129,3501159,101CommonForm 4 ↗
David LowranceChief Financial Officer2026-06-22A75,0002119,250CommonForm 4 ↗
Robert LutzChief Fin. & Operating Officer2026-07-15A35,00000CommonForm 4 ↗
Robert LutzChief Fin. & Operating Officer2026-07-15A70,00000Derivative, Class A CommonForm 4 ↗
Braden C. ParkerChief Commercial Officer2026-09-24D29,3235148,668CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (57 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, Matthew Pauls. DEF 14A, filed 2026-04-24. Section “Summary Compensation Table” · page 33. As printed: 4,845,000. View filing ↗
  • Section 01, Yasmine Wasfi. DEF 14A, filed 2026-04-24. Section “Summary Compensation Table”. As printed: 2,620,170. View filing ↗
  • Section 01, David Lowrance. DEF 14A, filed 2026-04-24. Section “Summary Compensation Table”. As printed: 2,278,125. View filing ↗
  • Section 01, Robert Lutz. DEF 14A, filed 2026-04-24. Section “Summary Compensation Table”. As printed: 2,278,125. View filing ↗
  • Section 03, Yasmine Wasfi OPTION. DEF 14A, filed 2026-04-24. Section “EXECUTIVE COMPENSATION TABLES” · grants of plan-based awards table. View filing ↗
  • Section 03, Yasmine Wasfi RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Lutz RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, David Lowrance RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Matthew Pauls RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Yasmine Wasfi RSU. DEF 14A, filed 2026-04-24. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-24. Section “CEO Pay Ratio”. As printed: 9.3 : 1. View filing ↗
  • Section 08, Joseph S. McCracken. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 345,000. View filing ↗
  • Section 08, David A. Ramsay. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 323,000. View filing ↗
  • Section 08, Nevan Elam. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 317,000. View filing ↗
  • Section 08, An van Es-Johansson. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 315,000. View filing ↗
  • Section 08, Richard J. Hawkins. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 308,000. View filing ↗
  • Section 08, Matthew Pauls. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, David Lowrance 2026-06-22. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Robert Lutz 2026-07-15. Form 4, filed 2026-07-24. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Robert Lutz 2026-07-15. Form 4, filed 2026-07-24. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Braden C. Parker 2026-09-24. Form 4, filed 2026-09-25. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-08. Item 5.07 · say-on-pay result. As reported: 98.43% (votes for as printed: 156,706,529). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-06. Item 5.07 · say-on-pay result. As reported: 97.34% (votes for as printed: 120,600,997). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 318,000 + equity 1,290,000 + all other 0 = 1,608,000, summed across the director compensation table rows.
  • Soleno Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-22. CEO total compensation as printed in Soleno Therapeutics, Inc.'s own proxy. As printed: 51,160,430. View filing ↗
  • Altimmune, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Altimmune, Inc.'s own proxy. As printed: 8,026,590. View filing ↗
  • Astria Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-28. CEO total compensation as printed in Astria Therapeutics, Inc.'s own proxy. As printed: 6,604,416. View filing ↗
  • Pliant Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Pliant Therapeutics, Inc.'s own proxy. As printed: 5,462,901. View filing ↗
  • Savara Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Savara Inc's own proxy. As printed: 4,845,000. View filing ↗
  • Abeona Therapeutics Inc., Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in Abeona Therapeutics Inc.'s own proxy. As printed: 3,991,516. View filing ↗
  • Fulcrum Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Fulcrum Therapeutics, Inc.'s own proxy. As printed: 3,251,490. View filing ↗
  • Amylyx Pharmaceuticals, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Amylyx Pharmaceuticals, Inc.'s own proxy. As printed: 2,719,807. View filing ↗
  • Keros Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Keros Therapeutics, Inc.'s own proxy. As printed: 2,540,204. View filing ↗
  • Gossamer Bio, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Gossamer Bio, Inc.'s own proxy. As printed: 2,300,455. View filing ↗
  • Applied Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-28. CEO total compensation as printed in Applied Therapeutics, Inc.'s own proxy. As printed: 1,053,846. View filing ↗
  • Section 10a, Altimmune, Inc. reciprocity. DEF 14A. Altimmune, Inc. names Savara Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Astria Therapeutics, Inc. reciprocity. DEF 14A. Astria Therapeutics, Inc. names Savara Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
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