Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2026-07-22

Allakos (ALLK)

Fiscal year 2023 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.

$6,299,426
Robert Alexander total, FY2023
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ALLK
3 companies name ALLK as a compensation peer

Each company listed discloses ALLK 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 ALLK 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 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Robert Alexander$805,460$0$2,171,340$2,623,519$684,641$0$14,466$6,299,426
Chief Executive Officer and Director
Adam Tomasi709,67001,411,1781,705,059425,802014,4664,266,175
President
Baird Radford494,4000911,8081,101,693222,480014,4662,744,847
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 officerFY2023 totalFY2022 totalFY2021 totalΔ FY20222023
Robert Alexander$6,299,426$7,367,405$10,989,677−1,067,979
Adam Tomasi4,266,1754,955,5707,259,414−689,395
Baird Radford2,744,8473,361,1656,019,663−616,318

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

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Baird RadfordOPTION2023-01-06194,144$1,101,693
Robert AlexanderRSU2023-01-06301,5752,171,340
Adam TomasiOPTION2023-01-06300,4711,705,059
Robert AlexanderOPTION2023-01-06462,3252,623,519
Adam TomasiRSU2023-01-06195,9971,411,178
Baird RadfordRSU2023-01-06126,640911,808
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Baird Radford$911,808$0$1,101,6930.0%
Robert Alexander2,171,34002,623,5190.0%
Adam Tomasi1,411,17801,705,0590.0%

% 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 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Adam TomasiRSU19,625$53,576
Adam TomasiRSU16,68145,539
Robert AlexanderRSU297,745812,844
Adam TomasiRSU193,534528,348
Adam TomasiRSU195,997535,072
Baird RadfordRSU133,655364,878
Robert AlexanderRSU30,40082,992
Robert AlexanderPSU17,22747,030
Adam TomasiPSU11,12130,360
Baird RadfordRSU6,41317,507
Robert AlexanderOption462,3257.2
Baird RadfordOption194,1447.2
Baird RadfordOption9,200105.16
Baird RadfordRSU126,640345,727
Robert AlexanderRSU25,84170,546
Baird RadfordRSU12,12833,109
Adam TomasiPSU344,060939,284
Robert AlexanderRSU301,575823,300
Adam TomasiOption300,4717.2
Robert AlexanderPSU529,3231,445,052
Baird RadfordPSU237,608648,670
05

Incentive-plan design — the Compensation Discussion & Analysis

The guiding principle in the development of our compensation strategy is to create and nurture a pay-for-performance culture, where contributions to enhancing stockholder value have the potential to be matched with appropriate financial rewards.

CEO STI target (% of salary)85%
CEO LTI target (% of salary)
Independent consultantCompensia
Clawback policyTrue
Anti-hedgingFalse
Anti-pledgingFalse
08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
E. Rand SutherlandIndependent · Research and Clinical Development · Not standing for re-election$18,333$0$714,142$0$732,475
Dolca ThomasIndependent · Research and Clinical Development18,3330714,1420732,475
Daniel JanneyIndependent · Board Chair · Compensation · Corporate Governance and Nominating (Chair) · Not standing for re-election112,5000322,1170434,617
Robert E. AndreattaIndependent · Audit (Chair) · Corporate Governance and Nominating67,5000322,1170389,617
Steven P. JamesIndependent · Audit · Corporate Governance and Nominating65,0000322,1170387,117
Paul WalkerIndependent · Audit · Compensation65,0000322,1170387,117
Neil GrahamIndependent · Research and Clinical Development13,7500364,5250378,275
Amy L. LaddIndependent · Compensation · Corporate Governance and Nominating50,0000322,1170372,117
John McKearnIndependent · Departed during FY32,5000032,500
Robert AlexanderEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$47,500
Annual equity retainer$296,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$442,916
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$442,916

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

10

Disclosed peer group — fiscal year 2023

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

OTLK Outlook Therapeutics, Inc.ANNX Annexon, Inc.PMVP PMV Pharmaceuticals, Inc.ANAB AnaptysBio, Inc. Evelo Biosciences, Inc. Gossamar Bio, Inc.KNSA Kiniksa Pharmaceuticals, Ltd.KOD Kodiak Sciences Inc.OMER Omeros Corporation Piant Therapeutics, Inc.ALEC Alector, Inc.MRSN Mersana Therapeutics, Inc.ALLO Allogene Therapeutics, Inc.FULC Fulcrum Therapeutics, Inc.CLDX Celldex Therapeutics, Inc.COGT Cogent Biosciences, Inc. Tricida, Inc.IMVT Immunovant, Inc.
10a

Peer reciprocity

Of the companies Allakos 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 Allakos.

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
1Cogent Biosciences, Inc.2025Andrew Robbins$724,554$12,993,250$13,447,680$561,600$27,762,684
2Immunovant, Inc.2026Eric Venker636,618019,010,639020,158,767
3Kiniksa Pharmaceuticals, Ltd.2025Sanj Patel943,1293,798,0214,743,4461,284,06510,782,661
4Allakos2023Robert Alexander805,4602,171,3402,623,519684,6416,299,426
5Allogene Therapeutics, Inc.2025David Chang724,0002,409,5372,588,329400,0106,136,093
6AnaptysBio, Inc.2025Daniel Faga706,0111,592,0013,345,653465,9686,133,943
7Celldex Therapeutics, Inc.2025Anthony Marucci785,80404,027,59005,366,709
8Omeros Corporation2025Gregory Demopulos972,52502,207,97404,178,008
9Kodiak Sciences Inc.2025Victor Perlroth792,4970923,032772,8242,499,221
10Alector, Inc.2025Arnon Rosenthal678,100422,876558,216325,4881,995,018
11Mersana Therapeutics, Inc.2024Michael Huber632,500133,635518,044322,5751,613,754
Outlook Therapeutics, Inc.not in coverage universe
Annexon, Inc.not in coverage universe
PMV Pharmaceuticals, Inc.not in coverage universe
Fulcrum Therapeutics, Inc.not in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Allakosnot disclosedOptions 55 · RSU 45NoCompensia
Alector, Inc.80%not disclosednot disclosedPearl Meyer & Partners, LLC
Allogene Therapeutics, Inc.85%Options 55 · RSU 25 · PSU 20NoCompensia
AnaptysBio, Inc.110%not disclosedNoAlpine Rewards
Annexon, Inc.not disclosednot disclosednot disclosednot disclosed
Celldex Therapeutics, Inc.100%Options 100not disclosedAon (Human Capital Solutions practice, a division of Aon plc)
Cogent Biosciences, Inc.135%not disclosedNoCompensia
Fulcrum Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed
Immunovant, Inc.110%not disclosedNoCompensia
Kiniksa Pharmaceuticals, Ltd.181%Options 50 · RSU 25 · PSU 25Yes — relative ranking of the TSR of our Class A Shares relative to the NBICompensia, Inc.
Kodiak Sciences Inc.150%Options 100not disclosedCompensia, Inc.
Mersana Therapeutics, Inc.85%Options 75 · RSU 25not disclosedPearl Meyer & Partners, LLC
Omeros Corporation100%Options 100not disclosedCompensia
Outlook Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed
PMV Pharmaceuticals, Inc.not disclosednot disclosednot disclosednot disclosed

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.

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, Robert AlexanderDEF 14A2024-04-230000950170-24-047043Section “Summary Compensation Table for Fiscal Year 2023”. As printed: 6,299,426. Filing ↗machine: r2 · c26 · span 505098–505107
2Section 01, Adam TomasiDEF 14A2024-04-230000950170-24-047043Section “Summary Compensation Table for Fiscal Year 2023”. As printed: 4,266,175. Filing ↗machine: r8 · c26 · span 546255–546264
3Section 01, Baird RadfordDEF 14A2024-04-230000950170-24-047043Section “Summary Compensation Table for Fiscal Year 2023”. As printed: 2,744,847. Filing ↗machine: r5 · c26 · span 525677–525686
4Section 03, Baird Radford OPTIONDEF 14A2024-04-230000950170-24-047043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t16 · r7 · c25 · span 613559–613568
5Section 03, Robert Alexander RSUDEF 14A2024-04-230000950170-24-047043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t16 · r3 · c24 · span 585655–585664
6Section 03, Adam Tomasi OPTIONDEF 14A2024-04-230000950170-24-047043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t16 · r10 · c25 · span 633943–633952
7Section 03, Robert Alexander OPTIONDEF 14A2024-04-230000950170-24-047043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t16 · r4 · c25 · span 592508–592517
8Section 03, Adam Tomasi RSUDEF 14A2024-04-230000950170-24-047043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t16 · r9 · c24 · span 627093–627102
9Section 03, Baird Radford RSUDEF 14A2024-04-230000950170-24-047043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t16 · r6 · c24 · span 606486–606493
10Section 08, E. Rand SutherlandDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 732,475. Filing ↗machine: t25 · r7 · c11 · span 1144284–1144291
11Section 08, Dolca ThomasDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 732,475. Filing ↗machine: t25 · r8 · c11 · span 1147549–1147556
12Section 08, Daniel JanneyDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 434,617. Filing ↗machine: t25 · r2 · c11 · span 1127979–1127986
13Section 08, Robert E. AndreattaDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 389,617. Filing ↗machine: t25 · r3 · c11 · span 1131241–1131248
14Section 08, Steven P. JamesDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 387,117. Filing ↗machine: t25 · r5 · c11 · span 1137753–1137760
15Section 08, Paul WalkerDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 387,117. Filing ↗machine: t25 · r4 · c11 · span 1134495–1134502
16Section 08, Neil GrahamDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 378,275. Filing ↗machine: t25 · r9 · c11 · span 1150813–1150820
17Section 08, Amy L. LaddDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 372,117. Filing ↗machine: t25 · r6 · c11 · span 1141013–1141020
18Section 08, John McKearnDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 32,500. Filing ↗machine: t25 · r10 · c3 · span 1152140–1152146
19Section 08, Robert AlexanderDEF 14A2024-04-230000950170-24-047043Section “Director Compensation”. As printed: 0. Filing ↗
20Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
21Section 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
22Section 09b board cost (computed)ComputedcomputedCash 442,916 + equity 0 + all other 0 = 442,916, summed across the director compensation table rows.machine: formula: Σ = 442,916
23Cogent Biosciences, Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-173834CEO total compensation as printed in Cogent Biosciences, Inc.'s own proxy. As printed: 27,762,684. Filing ↗machine: r2 · c39 · span 369353–369363
24Immunovant, Inc., Section 10b CEO totalDEF 14A2026-07-220001764013-26-000092CEO total compensation as printed in Immunovant, Inc.'s own proxy. As printed: 20,158,767. Filing ↗machine: span 465716–465726
25Kiniksa Pharmaceuticals, Ltd., Section 10b CEO totalDEF 14A2026-04-160001104659-26-044410CEO total compensation as printed in Kiniksa Pharmaceuticals, Ltd.'s own proxy. As printed: 10,782,661. Filing ↗machine: t182 · r7 · c14 · span 755082–755092
26Allakos (subject), Section 10b CEO totalDEF 14A2024-04-230000950170-24-047043CEO total compensation as printed in Allakos's own proxy. As printed: 6,299,426. Filing ↗machine: r2 · c26 · span 505098–505107
27Allogene Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-300001628280-26-028948CEO total compensation as printed in Allogene Therapeutics, Inc.'s own proxy. As printed: 6,136,093. Filing ↗machine: r2 · c54 · span 451014–451023
28AnaptysBio, Inc., Section 10b CEO totalDEF 14A2026-06-290001193125-26-288408CEO total compensation as printed in AnaptysBio, Inc.'s own proxy. As printed: 6,133,943. Filing ↗machine: span 694406–694415
29Celldex Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-290001104659-26-050884CEO total compensation as printed in Celldex Therapeutics, Inc.'s own proxy. As printed: 5,366,709. Filing ↗machine: r1 · c54 · span 1024857–1024866
30Omeros Corporation, Section 10b CEO totalDEF 14A2026-04-300001552781-26-000281CEO total compensation as printed in Omeros Corporation's own proxy. As printed: 4,178,008. Filing ↗machine: t160 · r1 · c6 · span 462502–462511
31Kodiak Sciences Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170429CEO total compensation as printed in Kodiak Sciences Inc.'s own proxy. As printed: 2,499,221. Filing ↗machine: r4 · c14 · span 905058–905068
32Alector, Inc., Section 10b CEO totalDEF 14A2026-04-280001193125-26-186928CEO total compensation as printed in Alector, Inc.'s own proxy. As printed: 1,995,018. Filing ↗machine: span 1038665–1038674
33Mersana Therapeutics, Inc., Section 10b CEO totalDEF 14A2025-04-290001104659-25-040448CEO total compensation as printed in Mersana Therapeutics, Inc.'s own proxy. As printed: 1,613,754. Filing ↗machine: t16 · r1 · c41 · span 608188–608197
34Section 10a, AnaptysBio, Inc. reciprocityDEF 14A0001193125-26-288408AnaptysBio, Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
35Section 10a, Kiniksa Pharmaceuticals, Ltd. reciprocityDEF 14A0001104659-26-044410Kiniksa Pharmaceuticals, Ltd.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
36Section 10a, Kodiak Sciences Inc. reciprocityDEF 14A0001193125-26-170429Kodiak Sciences Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
37Section 10a, Omeros Corporation reciprocityDEF 14A0001552781-26-000281Omeros Corporation's most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
38Section 10a, Alector, Inc. reciprocityDEF 14A0001193125-26-186928Alector, Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
39Section 10a, Mersana Therapeutics, Inc. reciprocityDEF 14A0001104659-25-040448Mersana Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
40Section 10a, Allogene Therapeutics, Inc. reciprocityDEF 14A0001628280-26-028948Allogene Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
41Section 10a, Celldex Therapeutics, Inc. reciprocityDEF 14A0001104659-26-050884Celldex Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
42Section 10a, Cogent Biosciences, Inc. reciprocityDEF 14A0001193125-26-173834Cogent Biosciences, Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗
43Section 10a, Immunovant, Inc. reciprocityDEF 14A0001764013-26-000092Immunovant, Inc.'s most recent proxy was read; its disclosed peer group does not include Allakos. Filing ↗