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Companies TG Therapeutics, Inc

TG Therapeutics (TGTX): executive pay, fiscal 2025

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CEO total pay$25,571,250CEO Michael Weiss · source
Say-on-pay support39.18%Latest vote · source
CEO vs. named peers99th pct.Of 17 peer CEOs
CEO pay ratio67:1To the median employee · source

CEO pay, last three years

  • $15,837,559FY2023
  • $18,752,897FY2024
  • $25,571,250FY2025

CEO total pay was $25,571,250 in fiscal 2025, up from $18,752,897 in fiscal 2024.

FY2025: salary $875,000 · bonus $0 · stock awards $23,550,000 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at TG Therapeutics, Inc in fiscal 2025?
As disclosed, Michael Weiss (Chairman, Chief Executive Officer and President) was the highest-paid executive at TG Therapeutics, Inc in fiscal 2025, with total compensation of $25,571,250.
How does TG Therapeutics, Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Michael Weiss's total compensation ranked at the 99th percentile of TG Therapeutics, Inc's disclosed peer group.
What is TG Therapeutics, Inc's CEO-to-median employee pay ratio?
As disclosed, TG Therapeutics, Inc's CEO-to-median employee pay ratio was 67:1.
How did shareholders vote on TG Therapeutics, Inc's executive compensation?
As disclosed, 39.18% of shareholders supported TG Therapeutics, Inc's executive compensation in the latest say-on-pay vote.
How much does TG Therapeutics, Inc spend in total on board compensation for fiscal 2025?
As disclosed, TG Therapeutics, Inc reported total board compensation of $3,531,815 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
Michael Weiss$875,000$0$23,550,000$0$1,146,250$0$0$25,571,250
Chairman, Chief Executive Officer and President
Sean Power500,00002,919,8750327,500021,0003,768,375
Chief Financial Officer, Treasurer and Corporate Secretary

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
Michael Weiss$25,571,250$18,752,897$15,837,559↑ +6,818,353
Sean Power3,768,3752,254,3501,867,378↑ +1,514,025

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 programs are designed to motivate our employees to create long-term sustained stockholder value by acquiring, developing and commercializing novel treatments for B-cell diseases. The Compensation Committee's executive compensation philosophy is guided by the following objectives: to attract, retain, motivate and reward highly qualified employees; to align the interests of our NEOs with those of our stockholders, including through equity-based compensation and performance-based incentives; to link a significant portion of compensation to the achievement of the Company performance objectives; to recognize individual contributions while promoting accountability and shared performance goals; and to support a pay for performance framework that emphasizes long-term value creation.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sean PowerRSU2025-01-29——87,500—$2,919,875
Michael WeissRSU2025-01-29——750,000—23,550,000

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sean Power$2,919,875$0$00.0%
Michael Weiss23,550,000000.0%

% 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
Sean PowerRSU42,500—$1,266,925
Sean PowerRSU56,250—1,676,813
Sean PowerRSU87,500—2,608,375
Michael WeissOption633,3347—
Michael WeissRSU750,000—22,357,500
Michael WeissRSU985,000—29,362,850
Michael WeissRSU1,001,908—29,866,877
Michael WeissRSU1,080,770—32,217,754
Michael WeissRSU1,556,029—46,385,224
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Laurence N. CharneyIndependent · Lead Independent Director · Audit (Chair) · Compensation$143,000$800,017$0$0$0$943,017
Kenneth HobermanIndependent · Audit · Compensation (Chair)101,000550,012000651,012
Daniel HumeIndependent · Audit · Compensation · Nominating and Corporate Governance96,750550,012000646,762
Yann EchelardIndependent · Audit · Compensation · Nominating and Corporate Governance96,750550,012000646,762
Sagar Lonial, MDIndependent · Compensation · Nominating and Corporate Governance (Chair)94,250550,012000644,262
Michael S. WeissEmployee director · Board Chair000—00

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$550,000
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

ComponentFY2025
Cash retainers and fees$531,750
Equity awards (grant-date value)$3,000,065
All other compensation$0
Total cost of the board$3,531,815

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

Peer group, and who names TG Therapeutics as a peer

Companies that benchmark against TGTX

13 companies name TGTX as a compensation peer

Each company listed discloses TGTX 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 TGTX 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 TG Therapeutics, 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
1TG Therapeutics, Inc2025Michael Weiss$875,000$23,550,000$0$1,146,250$25,571,250
2Halozyme Therapeutics2025Helen Torley1,000,00019,350,1451,650,0141,147,50023,166,223
3Madrigal Pharmaceuticals, Inc.2025Bill Sibold918,53112,297,8504,537,1461,438,81419,206,341
4SpringWorks Therapeutics2024Saqib Islam760,0007,899,7606,689,100798,00016,153,317
5Corcept Therapeutics2025Joseph Belanoff1,182,333012,907,718015,303,551
6BridgeBio Pharma2025Neil Kumar1,044,00010,606,2751,874,992014,944,585
7Insmed2025William Lewis854,5502,999,9409,000,0331,495,46314,467,393
8Blueprint Medicines Corporation2024Kathryn Haviland821,3637,472,4804,315,144854,21713,477,004
9Neurocrine Biosciences2025Kyle Gano920,0005,750,0235,750,006013,448,935
10Ionis Pharmaceuticals2025Brett Monia1,051,7768,444,8381,438,105013,350,777
11Ultragenyx Pharmaceutical, Inc.2025Emil Kakkis861,1008,364,9381,847,356299,66311,405,535
12Vericel Corporation2025Dominick Colangelo860,0003,964,6305,456,287860,00011,156,368
13Apellis Pharmaceuticals, Inc.2024Cedric Francois793,1934,779,8324,787,768010,957,451
14Krystal Biotech2025Krish Krishnan846,1674,104,8254,675,093010,442,485
15Axsome Therapeutics2025Herriot Tabuteau835,0005,533,5542,833,237876,75010,283,492
16Adma Biologics2025Adam Grossman925,0004,049,9944,049,9981,156,25010,237,326
17Amicus Therapeutics, Inc.2024Bradley Campbell767,3084,990,3652,105,62708,526,943
18Acadia Pharmaceuticals, Inc.2025Catherine Owen Adams930,0003,240,5583,234,797818,5598,256,518

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
TG Therapeutics, Inc131%RSU 100NoCompensia, Inc.
Acadia Pharmaceuticals, Inc.110%Options 50 · PSU 25 · RSU 25YesFrederic W. Cook & Co., Inc. (FW Cook)
Adma Biologics125%RSU 50 · Options 50not disclosedPay Governance LLC
Amicus Therapeutics, Inc.not disclosedOption 33 · RSU 33 · PRSU 33Yes — TSR GoalPay Governance
Apellis Pharmaceuticals, Inc.90.74%RSU 50 · PSU 50not disclosedPay Governance
Axsome Therapeutics150%RSU 33 · Options 33 · PSU 33NoFrederic W. Cook & Co., Inc.
Blueprint Medicines Corporation130%RSU 37 · Options 32 · PSU 31Yes — Relative Total Stockholder Return (rTSR)Aon
BridgeBio Pharma135%RSU 50 · PSU 35 · Options 15NoAon Talent Solutions
Corcept TherapeuticsDr. Belanoff: 100%; Dr. Guyer: 120%; Mr. Maduck: 80%; Mr. Mokari: 100%; Mr. Robb: 100%%Stock Options 100not disclosednot disclosed
Halozyme Therapeutics127.5%PSU 50 · RSU 35 · Option 15NoF.W. Cook & Co., Inc.
Insmed175%Options 75 · RSU 25NoWillis Towers Watson (WTW)
Ionis Pharmaceuticalsnot disclosedPRSU 40 · Option 30 · RSU 30Yes — Relative TSRAon
Krystal Biotech100%not disclosednot disclosedCompensia, Inc.
Madrigal Pharmaceuticals, Inc.not disclosedPSU 33.33 · RSU 33.33 · Option 33.33Yes — Relative TSR vs Nasdaq Biotechnology IndexCompensia, Inc.
Neurocrine Biosciences105%Option 50 · PRSU 30 · RSU 20NoFrederic W. Cook & Co., Inc.
SpringWorks Therapeutics140%not disclosedYes — Relative Total Shareholder Return (TSR)Aon
Ultragenyx Pharmaceutical, Inc.44%PSU 60 · RSU 20 · Options 20Yes — Relative TSRAon's Human Capital Solutions Practice
Vericel Corporation100%Options 58 · RSU 42not disclosedFW Cook

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
20262026-06-1131,905,83748,858,169668,90339.18%Failed
20252025-06-1247,864,73739,988,402383,90654.25%Passed
20242024-06-1442,346,58131,019,0842,748,76155.64%Passed
20232023-06-1426,007,78043,450,323332,45337.44%Failed
20222022-06-1625,817,91561,157,912509,01429.68%Failed
20192019-06-1318,680,85614,124,3627,950,08156.94%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
20262026-06-1139.18%a
20252025-06-1254.25%b
20242024-06-1455.64%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a negative vote on this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a negative vote on this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a negative vote on 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)67 : 1
CEO total compensation$25,571,250
Median employee compensation—
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
Yann EchelardDirector2026-06-11A8,325$0$0Derivative, Class A CommonForm 4 ↗
Daniel HumeDirector2026-06-11A8,32500Derivative, Class A CommonForm 4 ↗
Kenneth HobermanDirector2026-06-11A8,32500Derivative, Class A CommonForm 4 ↗
Laurence N. CharneyDirector2026-06-11A8,32500Derivative, Class A CommonForm 4 ↗
Sagar Lonial, MDDirector2026-06-11A8,32500Derivative, Class A CommonForm 4 ↗
Laurence N. CharneyDirector2026-08-06D5,10000CommonForm 4 ↗
Laurence N. CharneyDirector2026-08-07D45000CommonForm 4 ↗
Laurence N. CharneyDirector2026-08-07D50000CommonForm 4 ↗
Laurence N. CharneyDirector2026-09-10D5,00055274,800CommonForm 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 (47 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, Michael Weiss. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table” · page 29. As printed: 25,571,250. View filing ↗
  • Section 01, Sean Power. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table” · page 29. As printed: 3,768,375. View filing ↗
  • Section 03, Sean Power RSU. DEF 14A, filed 2026-04-30. Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Weiss RSU. DEF 14A, filed 2026-04-30. Section “Grants of Plan-Based Awards For Fiscal Year 2025” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-30. Section “CEO Pay Ratio”. As printed: 67 : 1. View filing ↗
  • Section 08, Laurence N. Charney. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 943,017. View filing ↗
  • Section 08, Kenneth Hoberman. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 651,012. View filing ↗
  • Section 08, Daniel Hume. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 646,762. View filing ↗
  • Section 08, Yann Echelard. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 646,762. View filing ↗
  • Section 08, Sagar Lonial, MD. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 644,262. View filing ↗
  • Section 08, Michael S. Weiss. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Yann Echelard 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Daniel Hume 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Kenneth Hoberman 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Laurence N. Charney 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Sagar Lonial, MD 2026-06-11. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Laurence N. Charney 2026-08-06. Form 4, filed 2026-08-07. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Laurence N. Charney 2026-08-07. Form 4, filed 2026-08-07. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Laurence N. Charney 2026-08-07. Form 4, filed 2026-08-07. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Laurence N. Charney 2026-09-10. Form 4, filed 2026-09-14. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-12. Item 5.07 · say-on-pay result. As reported: 39.18% (votes for as printed: 31,905,837). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-13. Item 5.07 · say-on-pay result. As reported: 54.25% (votes for as printed: 47,864,737). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-17. Item 5.07 · say-on-pay result. As reported: 55.64% (votes for as printed: 42,346,581). 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 531,750 + equity 3,000,065 + all other 0 = 3,531,815, summed across the director compensation table rows.
  • TG Therapeutics, Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in TG Therapeutics, Inc's own proxy. As printed: 25,571,250. View filing ↗
  • Halozyme Therapeutics, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Halozyme Therapeutics's own proxy. As printed: 23,166,223. View filing ↗
  • Madrigal Pharmaceuticals, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Madrigal Pharmaceuticals, Inc.'s own proxy. As printed: 19,206,341. View filing ↗
  • SpringWorks Therapeutics, Section 10b CEO total. DEF 14A, filed 2025-04-04. CEO total compensation as printed in SpringWorks Therapeutics's own proxy. As printed: 16,153,317. View filing ↗
  • Corcept Therapeutics, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Corcept Therapeutics's own proxy. As printed: 15,303,551. View filing ↗
  • BridgeBio Pharma, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in BridgeBio Pharma's own proxy. As printed: 14,944,585. View filing ↗
  • Insmed, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Insmed's own proxy. As printed: 14,467,393. View filing ↗
  • Blueprint Medicines Corporation, Section 10b CEO total. DEF 14A, filed 2025-04-24. CEO total compensation as printed in Blueprint Medicines Corporation's own proxy. As printed: 13,477,004. View filing ↗
  • Neurocrine Biosciences, Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Neurocrine Biosciences's own proxy. As printed: 13,448,935. View filing ↗
  • Ionis Pharmaceuticals, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Ionis Pharmaceuticals's own proxy. As printed: 13,350,777. View filing ↗
  • Ultragenyx Pharmaceutical, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Ultragenyx Pharmaceutical, Inc.'s own proxy. As printed: 11,405,535. View filing ↗
  • Vericel Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Vericel Corporation's own proxy. As printed: 11,156,368. View filing ↗
  • Apellis Pharmaceuticals, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-23. CEO total compensation as printed in Apellis Pharmaceuticals, Inc.'s own proxy. As printed: 10,957,451. View filing ↗
  • Krystal Biotech, Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in Krystal Biotech's own proxy. As printed: 10,442,485. View filing ↗
  • Axsome Therapeutics, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Axsome Therapeutics's own proxy. As printed: 10,283,492. View filing ↗
  • Adma Biologics, Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Adma Biologics's own proxy. As printed: 10,237,326. View filing ↗
  • Amicus Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-24. CEO total compensation as printed in Amicus Therapeutics, Inc.'s own proxy. As printed: 8,526,943. View filing ↗
  • Acadia Pharmaceuticals, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Acadia Pharmaceuticals, Inc.'s own proxy. As printed: 8,256,518. View filing ↗
  • Section 10a, SpringWorks Therapeutics reciprocity. DEF 14A. SpringWorks Therapeutics names TG Therapeutics, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Krystal Biotech reciprocity. DEF 14A. Krystal Biotech names TG Therapeutics, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, ADMA Biologics reciprocity. DEF 14A. ADMA Biologics names TG Therapeutics, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
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