Companies Celcuity Inc.
Celcuity (CELC): executive pay, fiscal 2025
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CEO pay, last three years
- $1,738,115FY2023
- $6,586,663FY2024
- $16,373,868FY2025
CEO total pay was $16,373,868 in fiscal 2025, up from $6,586,663 in fiscal 2024.
FY2025: salary $577,096 · bonus $0 · stock awards $0 · option awards $15,428,650
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 |
|---|---|---|---|---|---|---|---|---|
| Brian Sullivan | $577,096 | $0 | $0 | $15,428,650 | $368,122 | $0 | $0 | $16,373,868 |
| Chairman and Chief Executive Officer | ||||||||
| Lance Laing | 472,562 | 0 | 0 | 3,518,860 | 201,219 | 0 | 0 | 4,192,641 |
| Chief Science Officer | ||||||||
| Vicky Hahne | 419,596 | 0 | 0 | 2,813,527 | 178,483 | 0 | 0 | 3,411,606 |
| Chief Financial 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 |
|---|---|---|---|---|
| Brian Sullivan | $16,373,868 | $6,586,663 | $1,738,115 | ↑ +9,787,205 |
| Lance Laing | 4,192,641 | 1,702,954 | 1,483,842 | ↑ +2,489,687 |
| Vicky Hahne | 3,411,606 | 1,351,167 | 898,743 | ↑ +2,060,439 |
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 of our executive officers is structured with the goal of providing a competitive compensation program that will enable us to attract and retain high-quality executives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
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 |
|---|---|---|---|---|
| Vicky Hahne | Option | 25,000 | 9.89 | — |
| Brian Sullivan | Option | 35,001 | 14.78 | — |
| Lance Laing | Option | 52,084 | 9.89 | — |
| Vicky Hahne | Option | 53,334 | 17.04 | — |
| Lance Laing | Option | 66,667 | 17.04 | — |
| Brian Sullivan | Option | 75,001 | 9.89 | — |
| Vicky Hahne | Option | 80,000 | 51.57 | — |
| Lance Laing | Option | 100,000 | 51.57 | — |
| Brian Sullivan | Option | 166,667 | 17.04 | — |
| Brian Sullivan | Option | 250,000 | 51.57 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| David F. DalveyIndependent · Audit · Compensation · Nominating and Corporate Governance | $40,000 | $0 | $100,000 | — | — | $140,000 |
| Richard E. BullerIndependent · Compensation · Nominating and Corporate Governance | 40,000 | 11,000 | 89,000 | — | — | 140,000 |
| Richard J. NigonIndependent · Audit (Chair) · Nominating and Corporate Governance | 40,000 | 0 | 100,000 | — | — | 140,000 |
| Polly A. MurphyIndependent · Audit · Compensation | 40,000 | 0 | 100,000 | — | — | 140,000 |
| Leo T. FurchtIndependent · Compensation · Nominating and Corporate Governance | 40,000 | 0 | 100,000 | — | — | 140,000 |
| Brian F. SullivanEmployee director · Board Chair | — | — | — | — | — | 0 |
| Lance G. LaingEmployee director | — | — | — | — | — | 0 |
| Charles R. RompIndependent · Newly elected | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $100,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $200,000 |
| Equity awards (grant-date value) | $11,000 |
| All other compensation | $0 |
| Total cost of the board | $211,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Celcuity as a peer
Companies that benchmark against CELC
1 company names CELC as a compensation peer
- Verastem, Inc.VSTMFY2025
Each company listed discloses CELC 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 CELC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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 | Celcuity Inc. | 2025 | Brian Sullivan | $577,096 | $0 | $15,428,650 | $368,122 | $16,373,868 |
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 |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-18 | 35,835,588 | 1,846,980 | 23,643 | 95.1% | Passed |
| 2025 | 2025-05-13 | 25,374,197 | 795,476 | 1,963 | 96.96% | Passed |
| 2023 | 2023-05-11 | 9,248,453 | 3,577,453 | 10,115 | 72.11% | Passed |
| 2021 | 2021-05-12 | 6,963,209 | 15,919 | 1,350 | 99.77% | Passed |
| 2020 | 2020-05-14 | 6,830,394 | 39,624 | 7,249 | 99.42% | Passed |
| 2019 | 2019-05-16 | 6,497,312 | 14,756 | 68,081 | 99.77% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-18 | 95.1%a |
| 2025 | 2025-05-13 | 96.96%b |
| 2023 | 2023-05-11 | 72.11%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. 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 (17 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, Brian Sullivan. DEF 14A, filed 2026-04-02. Section “Executive Compensation” · page 31. As printed: 16,373,868. View filing ↗
- Section 01, Lance Laing. DEF 14A, filed 2026-04-02. Section “Executive Compensation”. As printed: 4,192,641. View filing ↗
- Section 01, Vicky Hahne. DEF 14A, filed 2026-04-02. Section “Executive Compensation”. As printed: 3,411,606. View filing ↗
- Section 08, David F. Dalvey. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Richard E. Buller. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Richard J. Nigon. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Polly A. Murphy. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Leo T. Furcht. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Brian F. Sullivan. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Lance G. Laing. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Charles R. Romp. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: —. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-18. Item 5.07 · say-on-pay result. As reported: 95.1% (votes for as printed: 35,835,588). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-16. Item 5.07 · say-on-pay result. As reported: 96.96% (votes for as printed: 25,374,197). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-05-12. Item 5.07 · say-on-pay result. As reported: 72.11% (votes for as printed: 9,248,453). 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 200,000 + equity 11,000 + all other 0 = 211,000, summed across the director compensation table rows.
- Celcuity Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Celcuity Inc.'s own proxy. As printed: 16,373,868. View filing ↗