Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-23

Acrivon Therapeutics (ACRV)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,718,538
Peter Blume-Jensen total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ACRV
1 company names ACRV as a compensation peer

Each company listed discloses ACRV 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 ACRV in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Peter Blume-Jensen$709,893$0$0$1,592,245$410,400$0$6,000$2,718,538
Chief Executive Officer, President and Chairman of the Board
Kristina Masson594,47200573,206251,24806,0001,424,926
Executive Vice President, Business Operations, and Director
Eric Devroe528,74500573,206250,05206,0001,358,003
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 FY20242025
Peter Blume-Jensen$2,718,538
Kristina Masson1,424,926
Eric Devroe1,358,003

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

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
Katharine PetersonChief Accounting Officer2026-05-14D99$2$190CommonForm 4 ↗
Peter Blume-JensenDirector2026-05-14D1,25322,406Common, indirectForm 4 ↗
Mary MillerChief Legal Officer2026-05-14D1842353CommonForm 4 ↗
Peter Blume-JensenDirector2026-05-14D4902941Common, indirectForm 4 ↗
Eric DevroeChief Operating Officer2026-05-14D61321,177CommonForm 4 ↗
Erick GamelinChief Development Officer2026-05-14D4042776CommonForm 4 ↗
Peter Blume-JensenDirector2026-05-18A72,70600Common, indirectForm 4 ↗
Derek DiRoccoDirector2026-05-18A9,36600Common, indirectForm 4 ↗
Erick GamelinChief Development Officer2026-05-18A38,58400CommonForm 4 ↗
Adam D. LevyChief Financial Officer2026-05-18A46,16700CommonForm 4 ↗
RA CAPITAL MANAGEMENT, L.P.Director2026-05-18A9,36600RSUForm 4 ↗
Santhosh PalaniDirector2026-05-18A9,36600CommonForm 4 ↗
Ivana Magovcevic-LiebischDirector2026-05-18A9,36600CommonForm 4 ↗
Charles M. BaumDirector2026-05-18A9,36600CommonForm 4 ↗
Mansoor Raza MirzaChief Medical Officer2026-05-18A38,81700CommonForm 4 ↗
Katharine PetersonChief Accounting Officer2026-05-18A14,22700CommonForm 4 ↗
Peter Blume-JensenDirector2026-05-18A180,09500Common, indirectForm 4 ↗
Mary MillerChief Legal Officer2026-05-18A49,83000CommonForm 4 ↗
Sharon ShachamDirector2026-05-18A9,36600CommonForm 4 ↗
Michael John TomsicekDirector2026-05-18A9,36600CommonForm 4 ↗
Eric DevroeChief Operating Officer2026-05-18A72,98100CommonForm 4 ↗
Peter Blume-JensenDirector2026-05-21D13,729224,575Common, indirectForm 4 ↗
Ivana Magovcevic-LiebischDirector2026-06-17A20,27500Derivative, Class A CommonForm 4 ↗
Santhosh PalaniDirector2026-06-17A20,27500Derivative, Class A CommonForm 4 ↗
Sharon ShachamDirector2026-06-17A20,27500Derivative, Class A CommonForm 4 ↗
Michael John TomsicekDirector2026-06-17A20,27500Derivative, Class A CommonForm 4 ↗
Derek DiRoccoDirector2026-06-17A20,27500Derivative, Class A CommonForm 4 ↗
RA CAPITAL MANAGEMENT, L.P.Director2026-06-17A20,27500Derivative, Class A CommonForm 4 ↗
Charles M. BaumDirector2026-06-17A20,27500Derivative, Class A CommonForm 4 ↗
Mary MillerChief Legal Officer2026-07-21D57321,008CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Peter Blume-JensenOPTION$1,592,245
Eric DevroeOPTION573,206
Kristina MassonOPTION573,206
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Peter Blume-Jensen$0$0$1,592,2450.0%
Eric Devroe00573,2060.0%
Kristina Masson00573,2060.0%

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

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Eric DevroeRSU39,414$50,676
Peter Blume-JensenRSU15,02336,205
Kristina MassonRSU6,67716,092
Peter Blume-JensenRSU123,499297,633
Eric DevroeRSU8,34620,114
Peter Blume-JensenRSU98,536126,690
Peter Blume-JensenOption390,3905.31
Kristina MassonOption140,5405.31
Eric DevroeOption140,5405.31
Kristina MassonRSU39,41450,676
05

Incentive-plan design — the Compensation Discussion & Analysis

Our current executive compensation program is intended to align executive compensation with our business objectives and to enable us to attract, retain and reward executive officers who contribute to our long-term success.

CEO STI target (% of salary)60%
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Santhosh Palani, Ph.D., CFAIndependent · Compensation · Nominating and Corporate Governance (Chair)$57,500$0$17,870$0$42,938$118,308
Charles Baum, M.D., Ph.DIndependent · Compensation (Chair) · Nominating and Corporate Governance60,000017,870077,870
Michael Tomsicek, M.B.AIndependent · Audit (Chair)55,000017,870072,870
Derek DiRocco, Ph.DIndependent · Audit · Nominating and Corporate Governance52,500017,870070,370
Sharon Shacham, Ph.D., M.B.AIndependent · Compensation47,500017,870065,370
Ivana Magověvić-Liebisch, Ph.D., J.DIndependent · Audit47,500017,870065,370
Peter Blume-Jensen, M.D., Ph.DEmployee director · Board Chair00000
Kristina Masson, Ph.D., M.B.AEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$17,870
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$320,000
Equity awards (grant-date value)$0
All other compensation$42,938
Total cost of the board$362,938

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

10b

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
1Acrivon Therapeutics2025Peter Blume-Jensen$709,893$0$1,592,245$410,400$2,718,538

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.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Peter Blume-JensenDEF 14A2026-04-300001193125-26-194206Section “2025 Summary Compensation Table”. As printed: 2,718,538. Filing ↗machine: r3 · c24 · span 492621–492630
2Section 01, Kristina MassonDEF 14A2026-04-300001193125-26-194206Section “2025 Summary Compensation Table”. As printed: 1,424,926. Filing ↗machine: r5 · c24 · span 511377–511386
3Section 01, Eric DevroeDEF 14A2026-04-300001193125-26-194206Section “2025 Summary Compensation Table”. As printed: 1,358,003. Filing ↗machine: r7 · c24 · span 530126–530135
4Section 03, Peter Blume-Jensen OPTIONDEF 14A2026-04-300001193125-26-194206Section “THE CLASSDIRECTOR NOMINEES LISTED BELOW. &” · grants of plan-based awards table. Filing ↗machine: t20 · r3 · c12 · span 488484–488493
5Section 03, Eric Devroe OPTIONDEF 14A2026-04-300001193125-26-194206Section “THE CLASSDIRECTOR NOMINEES LISTED BELOW. &” · grants of plan-based awards table. Filing ↗machine: t20 · r7 · c12 · span 525991–525998
6Section 03, Kristina Masson OPTIONDEF 14A2026-04-300001193125-26-194206Section “THE CLASSDIRECTOR NOMINEES LISTED BELOW. &” · grants of plan-based awards table. Filing ↗machine: t20 · r5 · c12 · span 507242–507249
7Section 07, pay ratio10-K2026-03-190001193125-26-115123Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Santhosh Palani, Ph.D., CFADEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 118,308. Filing ↗machine: t16 · r6 · c8 · span 388769–388776
9Section 08, Charles Baum, M.D., Ph.DDEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 77,870. Filing ↗machine: t16 · r3 · c8 · span 379168–379174
10Section 08, Michael Tomsicek, M.B.ADEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 72,870. Filing ↗machine: t16 · r8 · c8 · span 395156–395162
11Section 08, Derek DiRocco, Ph.DDEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 70,370. Filing ↗machine: t16 · r4 · c8 · span 382355–382361
12Section 08, Sharon Shacham, Ph.D., M.B.ADEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 65,370. Filing ↗machine: t16 · r7 · c8 · span 391966–391972
13Section 08, Ivana Magověvić-Liebisch, Ph.D., J.DDEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 65,370. Filing ↗machine: t16 · r5 · c8 · span 385570–385576
14Section 08, Peter Blume-Jensen, M.D., Ph.DDEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Kristina Masson, Ph.D., M.B.ADEF 14A2026-04-300001193125-26-194206Section “Director Compensation”. As printed: 0. Filing ↗
16Section 02, Katharine Peterson 2026-05-14Form 42026-05-180000905148-26-002502Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Peter Blume-Jensen 2026-05-14Form 42026-05-180000905148-26-002498Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Mary Miller 2026-05-14Form 42026-05-180000905148-26-002501Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Peter Blume-Jensen 2026-05-14Form 42026-05-180000905148-26-002498Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Eric Devroe 2026-05-14Form 42026-05-180000905148-26-002499Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Erick Gamelin 2026-05-14Form 42026-05-180000905148-26-002500Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Peter Blume-Jensen 2026-05-18Form 42026-05-200000905148-26-002549Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Derek DiRocco 2026-05-18Form 42026-05-200000905148-26-002558Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Erick Gamelin 2026-05-18Form 42026-05-200000905148-26-002551Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Adam D. Levy 2026-05-18Form 42026-05-200000905148-26-002552Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, RA CAPITAL MANAGEMENT, L.P. 2026-05-18Form 42026-05-200001231919-26-000517Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Santhosh Palani 2026-05-18Form 42026-05-200000905148-26-002560Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Ivana Magovcevic-Liebisch 2026-05-18Form 42026-05-200000905148-26-002559Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Charles M. Baum 2026-05-18Form 42026-05-200000905148-26-002557Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Mansoor Raza Mirza 2026-05-18Form 42026-05-200000905148-26-002555Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Katharine Peterson 2026-05-18Form 42026-05-200000905148-26-002556Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Peter Blume-Jensen 2026-05-18Form 42026-05-200000905148-26-002549Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Mary Miller 2026-05-18Form 42026-05-200000905148-26-002553Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Sharon Shacham 2026-05-18Form 42026-05-200000905148-26-002562Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Michael John Tomsicek 2026-05-18Form 42026-05-200000905148-26-002563Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Eric Devroe 2026-05-18Form 42026-05-200000905148-26-002550Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Peter Blume-Jensen 2026-05-21Form 42026-05-260000905148-26-002652Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Ivana Magovcevic-Liebisch 2026-06-17Form 42026-06-220000905148-26-003034Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Santhosh Palani 2026-06-17Form 42026-06-220000905148-26-003035Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Sharon Shacham 2026-06-17Form 42026-06-220000905148-26-003041Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Michael John Tomsicek 2026-06-17Form 42026-06-220000905148-26-003042Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Derek DiRocco 2026-06-17Form 42026-06-220000905148-26-003033Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, RA CAPITAL MANAGEMENT, L.P. 2026-06-17Form 42026-06-220001231919-26-000686Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Charles M. Baum 2026-06-17Form 42026-06-220000905148-26-003024Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Mary Miller 2026-07-21Form 42026-07-230000905148-26-003334Insider equity transaction reported since the proxy statement. Filing ↗
46Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
47Section 09b board cost (computed)ComputedcomputedCash 320,000 + equity 0 + all other 42,938 = 362,938, summed across the director compensation table rows.machine: formula: Σ = 362,938
48Acrivon Therapeutics (subject), Section 10b CEO totalDEF 14A2026-04-300001193125-26-194206CEO total compensation as printed in Acrivon Therapeutics's own proxy. As printed: 2,718,538. Filing ↗machine: r3 · c24 · span 492621–492630