Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-04

Kalaris Therapeutics (ALVR)

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.

$2,569,115
Andrew Oxtoby total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
96.97%
Say-on-pay support, latest vote
Companies that benchmark against ALVR
No companies currently name ALVR as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Andrew Oxtoby$537,733$0$0$1,687,076$344,306$0$0$2,569,115
President and Chief Executive Officer
Matthew Feinsod457,732001,008,403207,636001,673,771
Chief Medical Officer
Brett Hagen397,30167,8140295,417121,5120557,1301,439,174
Chief Accounting Officer
Vikas Sinha81,106000001,019,8481,100,954
AlloVir's Former Chief Executive Officer, President and Chief Financial Officer
Matthew Gall80,83300949,27934,495001,064,607
Former 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Andrew Oxtoby$2,569,115$1,965,153+603,962
Matthew Feinsod1,673,771
Brett Hagen1,439,174796,311+642,863
Vikas Sinha1,100,954544,400+556,554
Matthew Gall1,064,607

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 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Matthew FeinsodOption$1,008,403
Andrew OxtobyOption1,687,076
Matthew GallOption949,279
Brett HagenOption295,417
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Matthew Feinsod$0$0$1,008,4030.0%
Andrew Oxtoby001,687,0760.0%
Matthew Gall00949,2790.0%
Brett Hagen00295,4170.0%

% 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
Matthew FeinsodOption101,0007.31
Andrew OxtobyOption268,0900.85
Andrew OxtobyOption287,0007.31
Matthew FeinsodOption20,1600.85
Brett HagenOption50,2627.31
Matthew FeinsodOption52,9137.31
Matthew GallOption235,0004.99
05

Incentive-plan design — the Compensation Discussion & Analysis

We believe that equity grants provide our executive officers with a strong link to our long-term performance, create an ownership culture and help to align the interests of our executive officers and our stockholders. In addition, we believe that equity grants with a time-based vesting feature promote executive retention because this feature incentivizes our executive officers to remain in our employment during the vesting period.

CEO STI target (% of salary)55%
CEO LTI target (% of salary)
Independent consultantAon plc
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0315,852,844495,7634,36696.97%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
20262026-06-0396.97%a

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes (if any) will not be counted as votes cast on this matter and, as a result, will have no effect on the outcome of Proposal No.”.

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.

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
David HallalIndependent · Board Chair · Compensation · Nominating/Governance$140,000$0$104,430$244,430
Morana Jovan-EmbiricosIndependent · Audit51,8750104,430156,305
Napoleone FerraraIndependent · Nominating/Governance · Newly elected33,0000104,43013,663151,093
Samir PatelNot independent · Departed during FY0104,43044,000148,430
Leone PattersonIndependent · Audit (Chair) · Newly elected41,2500104,430145,680
Michael DybbsIndependent · Compensation (Chair)39,0000104,430143,430
Anthony P. AdamisIndependent · Audit35,6250104,4301,850141,905
Srinivas AkkarajuIndependent · Nominating/Governance (Chair)36,0000104,430140,430
Jeffrey S. BornsteinIndependent · Departed during FY16,875016,875
Shawn TomaselloIndependent · Departed during FY13,750013,750
Derek AdamsIndependent · Departed during FY13,125013,125
Malcolm BrennerIndependent · Departed during FY12,500012,500
Juan VeraIndependent · Departed during FY10,000010,000
Andrew OxtobyEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$104,430
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)7,500 / 6,000 / 4,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$443,000
Equity awards (grant-date value)$0
All other compensation$59,513
Total cost of the board$502,513

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
1Kalaris Therapeutics2025Andrew Oxtoby$537,733$0$1,687,076$344,306$2,569,115

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, Andrew OxtobyDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table” · page 28. As printed: 2,569,115. Filing ↗machine: r2 · c27 · span 295176–295185
2Section 01, Matthew FeinsodDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table” · page 28. As printed: 1,673,771. Filing ↗machine: t117 · r5 · c27 · span 301661–301670
3Section 01, Brett HagenDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table” · page 28. As printed: 1,439,174. Filing ↗machine: span 312546–312555
4Section 01, Vikas SinhaDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table” · page 28. As printed: 1,100,954. Filing ↗machine: r8 · c26 · span 307794–307803
5Section 01, Matthew GallDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table” · page 28. As printed: 1,064,607. Filing ↗machine: t117 · r7 · c27 · span 305646–305655
6Section 03, Matthew Feinsod OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r5 · c15 · span 300716–300725
7Section 03, Andrew Oxtoby OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r2 · c15 · span 294377–294386
8Section 03, Matthew Gall OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r7 · c15 · span 304694–304701
9Section 03, Brett Hagen OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r10 · c15 · span 311752–311759
10Section 07, pay ratio10-K2026-03-170001193125-26-110659Section “CEO Pay Ratio”. As printed: —. Filing ↗
11Section 08, David HallalDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 244,430. Filing ↗machine: t140 · r5 · c15 · span 406182–406189
12Section 08, Morana Jovan-EmbiricosDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 156,305. Filing ↗machine: t140 · r6 · c15 · span 408957–408964
13Section 08, Napoleone FerraraDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 151,093. Filing ↗machine: t140 · r12 · c15 · span 425492–425499
14Section 08, Samir PatelDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 148,430. Filing ↗machine: t140 · r13 · c15 · span 428236–428243
15Section 08, Leone PattersonDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 145,680. Filing ↗machine: t140 · r14 · c15 · span 431001–431008
16Section 08, Michael DybbsDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 143,430. Filing ↗machine: t140 · r11 · c15 · span 422728–422735
17Section 08, Anthony P. AdamisDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 141,905. Filing ↗machine: t140 · r9 · c15 · span 417211–417218
18Section 08, Srinivas AkkarajuDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 140,430. Filing ↗machine: t140 · r10 · c15 · span 419987–419994
19Section 08, Jeffrey S. BornsteinDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 16,875. Filing ↗machine: t140 · r3 · c3 · span 398829–398835
20Section 08, Shawn TomaselloDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 13,750. Filing ↗machine: t140 · r7 · c3 · span 409866–409872
21Section 08, Derek AdamsDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 13,125. Filing ↗machine: t140 · r2 · c3 · span 396079–396085
22Section 08, Malcolm BrennerDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 12,500. Filing ↗machine: t140 · r4 · c3 · span 401612–401618
23Section 08, Juan VeraDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 10,000. Filing ↗machine: t140 · r8 · c3 · span 412637–412643
24Section 08, Andrew OxtobyDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 0. Filing ↗
25Section 06, 2026 voteForm 8-K2026-06-040001193125-26-257388Item 5.07 · say-on-pay result. As reported: 96.97% (votes for as printed: 15,852,844). Filing ↗
26Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
27Section 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
28Section 09b board cost (computed)ComputedcomputedCash 443,000 + equity 0 + all other 59,513 = 502,513, summed across the director compensation table rows.machine: formula: Σ = 502,513
29Kalaris Therapeutics (subject), Section 10b CEO totalDEF 14A2026-04-240001193125-26-177362CEO total compensation as printed in Kalaris Therapeutics's own proxy. As printed: 2,569,115. Filing ↗machine: r2 · c27 · span 295176–295185