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Companies Tabula Rasa HealthCare

Tabula Rasa HealthCare (TRHC): executive pay, fiscal 2022

Free brief. Every figure links to the company’s own filing.

Tabula Rasa HealthCare no longer files a proxy statement; its last pay data is FY2022.

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CEO total pay$2,301,712CEO Brian Adams · source
Say-on-pay support96.31%Latest vote · source
CEO vs. named peers7th pct.Of 15 peer CEOs
CEO pay ratio31.1:1To the median employee · source

CEO pay, last three years

  • $1,925,199FY2020
  • $2,476,505FY2021
  • $2,301,712FY2022

CEO total pay was $2,301,712 in fiscal 2022, down from $2,476,505 in fiscal 2021.

FY2022: salary $450,000 · bonus $0 · stock awards $1,633,498 · option awards $0

Frequently asked questions

Who was the highest-paid executive at Tabula Rasa HealthCare in fiscal 2022?
As disclosed, Calvin Knowlton (Former Chief Executive Officer) was the highest-paid executive at Tabula Rasa HealthCare in fiscal 2022, with total compensation of $5,984,015.
How does Tabula Rasa HealthCare's chief executive pay compare to its disclosed peer group?
As disclosed, Brian Adams's total compensation ranked at the 7th percentile of Tabula Rasa HealthCare's disclosed peer group.
What is Tabula Rasa HealthCare's CEO-to-median employee pay ratio?
As disclosed, Tabula Rasa HealthCare's CEO-to-median employee pay ratio was 31.1:1.
How did shareholders vote on Tabula Rasa HealthCare's executive compensation?
As disclosed, 96.31% of shareholders supported Tabula Rasa HealthCare's executive compensation in the latest say-on-pay vote.
How much does Tabula Rasa HealthCare spend in total on board compensation for fiscal 2022?
As disclosed, Tabula Rasa HealthCare reported total board compensation of $2,490,085 for fiscal 2022.

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
Calvin Knowlton$482,119$0$2,654,433$0$0$0$2,847,463$5,984,015
Former Chief Executive Officer
Brian Adams450,00001,633,4980190,688027,5262,301,712
President and Chief Executive Officer
Michael Greenhalgh407,84650,0001,225,1230139,668033,3901,856,027
Chief Operating Officer
Thomas Cancro311,1900934,000090,047059,9441,395,181
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 officerFY2022 totalFY2021 totalFY2020 totalΔ FY2021→2022
Calvin Knowlton$5,984,015$5,971,425$4,602,660↑ +12,590
Brian Adams2,301,7122,476,5051,925,199↓ −174,793
Michael Greenhalgh1,856,0272,468,6681,424,907↓ −612,641
Thomas Cancro1,395,181———

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 Company's compensation program is designed to attract and retain individuals of superior ability, align executive pay with corporate and individual performance, and maximize stockholder value creation by providing a portion of total compensation in equity. The program uses a mix of short- and long-term performance metrics to link compensation achievement to business objectives.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPearl Meyer & Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Thomas CancroRSU2022-02-24——200,000—$934,000
Michael GreenhalghRSU2022-08-01——150,000—568,500
Calvin KnowltonRSU2022-08-01——200,000—758,000
Brian AdamsRSU2022-08-01——200,000—758,000
Calvin KnowltonRSU2022-08-01——325,000—1,231,750

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Thomas Cancro$934,000$0$00.0%
Michael Greenhalgh568,500000.0%
Calvin Knowlton1,989,750000.0%
Brian Adams758,000000.0%

% 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 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael GreenhalghRSU3,500—$17,325
Brian AdamsPSU7,031—34,803
Michael GreenhalghPSU7,031—34,803
Michael GreenhalghRSU7,342—36,343
Brian AdamsRSU9,000—44,550
Brian AdamsRSU11,013—54,514
Brian AdamsRSU21,094—104,415
Michael GreenhalghRSU21,094—104,415
Michael GreenhalghPSU37,500—185,625
Brian AdamsPSU50,000—247,500
Michael GreenhalghRSU150,000—742,500
Brian AdamsRSU200,000—990,000
Thomas CancroRSU200,000—990,000
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jan BergerIndependent · Not standing for re-election$65,250$166,957——$50,000$282,207
Michael PurcellIndependent · Board Chair · Audit (Chair) · Compensation · Strategic Review · Nominating & Governance · Scientific Application70,750187,031——0257,781
Jonathan D. SchwartzIndependent · Nominating and Governance (Chair) · Audit · Compensation · Newly elected17,500239,999——0257,499
Ronald MitchellIndependent · Compensation · Strategic Review · Newly elected15,625239,999——0255,624
Derek C. SchrierIndependent · Strategic Review (Chair) · Newly elected15,000239,999——0254,999
A Gordon TunstallNot independent · Departed during FY26,875219,096——0245,971
Samira BeckwithIndependent · Scientific Application (Chair) · Audit54,750184,720——0239,470
Dennis K. HellingIndependent · Nominating and Governance · Scientific Application34,125201,406——0235,531
Kathrine O'Brien64,375166,957——0231,332
Pamela SchweitzerIndependent · Compensation · Scientific Application55,250174,421——0229,671
Brian W. AdamsEmployee director · Newly elected—————0

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$160,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2022
Cash retainers and fees$419,500
Equity awards (grant-date value)$2,020,585
All other compensation$50,000
Total cost of the board$2,490,085

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

Peer group, and who names Tabula Rasa HealthCare as a peer

Companies that benchmark against TRHC

3 companies name TRHC as a compensation peer

The list of companies that name TRHC as a peer is temporarily unavailable — recheck shortly.

Disclosed peer group — fiscal year 2022

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

Peer reciprocity

Of the companies Tabula Rasa HealthCare names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Tabula Rasa HealthCare.

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
1Hims & Hers Health, Inc.2025Andrew Dudum$494,792$10,635,352$11,000,000$585,763$22,958,907
2Vocera Communications, Inc.2025Bruce McClelland750,00016,370,8200225,18817,457,675
3Evolent Health, Inc.2025Seth Blackley867,06812,699,0860014,240,154
4HealthEquity, Inc.2026Scott Cutler775,00012,038,5630767,25013,582,105
51Life Healthcare, Inc.2025Peter Scott534,09110,336,83101,984,50012,855,422
6National Research Corporation2025Trent Green697,1156,755,0000011,961,900
7Benefitfocus, Inc.2021Matthew Levin349,0387,464,3550278,7808,098,139
8Phreesia, Inc.2026Chaim Indig515,0007,562,706008,077,706
9Omnicell, Inc.2025Randall Lipps846,8915,219,57601,411,4857,531,852
10American Well Corporation2025Ido Schoenberg701,7551,294,33102,010,1004,162,171
11Health Catalyst, Inc.2025Daniel Burton525,0003,444,040003,991,159
12Accolade, Inc.2024Rajeev Singh500,0003,320,097003,823,597
13eHealth, Inc.2025Derrick Duke290,7691,956,0000414,2473,262,665
14Tabula Rasa HealthCare2022Brian Adams450,0001,633,4980190,6882,301,712
15HealthStream, Inc.2025Robert Frist400,500224,97779,550158,100868,037

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
Tabula Rasa HealthCarenot disclosedPSU 50 · RSU 50not disclosedPearl Meyer & Partners, LLC
1Life Healthcare, Inc.not disclosedPSU 60 · RSU 40Yes — Relative TSR compared to the TSR peer groupFerguson Partners
Accolade, Inc.not disclosedPSU 50 · RSU 50NoFW Cook
American Well Corporationnot disclosedPSU 45 · Cash LTI 45 · RSU 10NoAon
Benefitfocus, Inc.100.7%PSU 50 · RSU 50NoCompensia
eHealth, Inc.not disclosedPSU 50 · RSU 50NoAon
Evolent Health, Inc.75%PSU 70 · RSU 30NoExequity
Health Catalyst, Inc.39%RSU 50 · PRSU 50Yes — TSR AchievementAon
HealthEquity, Inc.99%PSU 60 · RSU 40YesSemler Brossy
HealthStream, Inc.97.6%not disclosedNonot disclosed
Hims & Hers Health, Inc.93.72%Options 51 · RSU 49NoCompensia, Inc.
National Research Corporationnot disclosednot disclosednot disclosednot disclosed
Omnicell, Inc.133.3%RSU 50 · PSU 50NoExequity
Phreesia, Inc.140.3%PSU 50 · RSU 50Yes — Relative TSRFW Cook, Inc.
Vocera Communications, Inc.30%not disclosedYes — Relative TSRFW 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
20232023-06-0915,984,400595,77517,24896.31%Passed
20222022-06-103,804,43311,512,639154,05224.59%Failed
20212021-06-1116,235,8551,985,83736,90588.92%Passed
20202020-06-1213,668,7281,720,38259,71688.48%Passed
20192019-06-1411,283,6931,328,94837,85789.2%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
20232023-06-0996.31%a
20222022-06-1024.59%b
20212021-06-1188.92%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as an " AGAINST " vote, and broker non-votes will have no effect.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as an "Against" vote, and broker non-votes will have no effect.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as an "Against" vote, and broker non-votes will have no effect.”.

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)31.1 : 1
CEO total compensation$2,301,712
Median employee compensation$74,075
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (53 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, Calvin Knowlton. DEF 14A, filed 2023-04-28. Section “Compensation Tables”. As printed: 5,984,015. View filing ↗
  • Section 01, Brian Adams. DEF 14A, filed 2023-04-28. Section “Compensation Tables”. As printed: 2,301,712. View filing ↗
  • Section 01, Michael Greenhalgh. DEF 14A, filed 2023-04-28. Section “Compensation Tables”. As printed: 1,856,027. View filing ↗
  • Section 01, Thomas Cancro. DEF 14A, filed 2023-04-28. Section “Compensation Tables”. As printed: 1,395,181. View filing ↗
  • Section 03, Thomas Cancro RSU. DEF 14A, filed 2023-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Greenhalgh RSU. DEF 14A, filed 2023-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Calvin Knowlton RSU. DEF 14A, filed 2023-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Brian Adams RSU. DEF 14A, filed 2023-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Calvin Knowlton RSU. DEF 14A, filed 2023-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2023-04-28. Section “CEO Pay Ratio”. As printed: 31.1 : 1. View filing ↗
  • Section 08, Jan Berger. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 282,207. View filing ↗
  • Section 08, Michael Purcell. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 257,781. View filing ↗
  • Section 08, Jonathan D. Schwartz. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 257,499. View filing ↗
  • Section 08, Ronald Mitchell. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 255,624. View filing ↗
  • Section 08, Derek C. Schrier. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 254,999. View filing ↗
  • Section 08, A Gordon Tunstall. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 245,971. View filing ↗
  • Section 08, Samira Beckwith. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 239,470. View filing ↗
  • Section 08, Dennis K. Helling. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 235,531. View filing ↗
  • Section 08, Kathrine O'Brien. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 231,332. View filing ↗
  • Section 08, Pamela Schweitzer. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 229,671. View filing ↗
  • Section 08, Brian W. Adams. DEF 14A, filed 2023-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-06-14. Item 5.07 · say-on-pay result. As reported: 96.31% (votes for as printed: 15,984,400). View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-06-16. Item 5.07 · say-on-pay result. As reported: 24.59% (votes for as printed: 3,804,433). View filing ↗
  • Section 06, 2021 vote. Form 8-K, filed 2021-06-17. Item 5.07 · say-on-pay result. As reported: 88.92% (votes for as printed: 16,235,855). 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 419,500 + equity 2,020,585 + all other 50,000 = 2,490,085, summed across the director compensation table rows.
  • Hims & Hers Health, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Hims & Hers Health, Inc.'s own proxy. As printed: 22,958,907. View filing ↗
  • Vocera Communications, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Vocera Communications, Inc.'s own proxy. As printed: 17,457,675. View filing ↗
  • Evolent Health, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Evolent Health, Inc.'s own proxy. As printed: 14,240,154. View filing ↗
  • HealthEquity, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-13. CEO total compensation as printed in HealthEquity, Inc.'s own proxy. As printed: 13,582,105. View filing ↗
  • 1Life Healthcare, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in 1Life Healthcare, Inc.'s own proxy. As printed: 12,855,422. View filing ↗
  • National Research Corporation, Section 10b CEO total. DEF 14A, filed 2026-05-08. CEO total compensation as printed in National Research Corporation's own proxy. As printed: 11,961,900. View filing ↗
  • Benefitfocus, Inc., Section 10b CEO total. DEF 14A, filed 2022-05-09. CEO total compensation as printed in Benefitfocus, Inc.'s own proxy. As printed: 8,098,139. View filing ↗
  • Phreesia, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-14. CEO total compensation as printed in Phreesia, Inc.'s own proxy. As printed: 8,077,706. View filing ↗
  • Omnicell, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-13. CEO total compensation as printed in Omnicell, Inc.'s own proxy. As printed: 7,531,852. View filing ↗
  • American Well Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in American Well Corporation's own proxy. As printed: 4,162,171. View filing ↗
  • Health Catalyst, Inc., Section 10b CEO total. DEF 14A, filed 2026-06-03. CEO total compensation as printed in Health Catalyst, Inc.'s own proxy. As printed: 3,991,159. View filing ↗
  • Accolade, Inc., Section 10b CEO total. DEF 14A, filed 2024-06-21. CEO total compensation as printed in Accolade, Inc.'s own proxy. As printed: 3,823,597. View filing ↗
  • eHealth, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in eHealth, Inc.'s own proxy. As printed: 3,262,665. View filing ↗
  • Tabula Rasa HealthCare (subject), Section 10b CEO total. DEF 14A, filed 2023-04-28. CEO total compensation as printed in Tabula Rasa HealthCare's own proxy. As printed: 2,301,712. View filing ↗
  • HealthStream, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in HealthStream, Inc.'s own proxy. As printed: 868,037. View filing ↗
  • Section 10a, Accolade, Inc. reciprocity. DEF 14A. Accolade, Inc. names Tabula Rasa HealthCare in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, 1Life Healthcare, Inc. reciprocity. DEF 14A. 1Life Healthcare, Inc.'s most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗
  • Section 10a, Vocera Communications, Inc. reciprocity. DEF 14A. Vocera Communications, Inc.'s most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗
  • Section 10a, HealthEquity, Inc. reciprocity. DEF 14A. HealthEquity, Inc.'s most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗
  • Section 10a, Evolent Health, Inc. reciprocity. DEF 14A. Evolent Health, Inc.'s most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗
  • Section 10a, eHealth, Inc. reciprocity. DEF 14A. eHealth, Inc. names Tabula Rasa HealthCare in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Phreesia, Inc. reciprocity. DEF 14A. Phreesia, Inc.'s most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗
  • Section 10a, American Well Corporation reciprocity. DEF 14A. American Well Corporation's most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗
  • Section 10a, Health Catalyst, Inc. reciprocity. DEF 14A. Health Catalyst, Inc.'s most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗
  • Section 10a, Benefitfocus, Inc. reciprocity. DEF 14A. Benefitfocus, Inc. names Tabula Rasa HealthCare in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Omnicell, Inc. reciprocity. DEF 14A. Omnicell, Inc.'s most recent proxy was read; its disclosed peer group does not include Tabula Rasa HealthCare. View filing ↗