Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-27

Bicara Therapeutics (BCAX)

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.

$927,688
Claire Mazumdar total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against BCAX
No companies currently name BCAX 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
Claire Mazumdar$625,000$0$0$0$292,188$0$10,500$927,688
Chief Executive Officer
Ryan Cohlhepp588,00010,00000249,900010,500858,400
President and Chief Operating Officer
David Raben525,0005,00000170,62508,539709,164
Chief Medical 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
Claire Mazumdar$927,688
Ryan Cohlhepp858,400
David Raben709,164

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Claire MazumdarOption90,9814.1
Claire MazumdarOption8,3344.1
Claire MazumdarOption16,2274.44
Claire MazumdarOption68,9653.79
Claire MazumdarOption163,0503.79
Claire MazumdarOption353,2879.24
Claire MazumdarOption297,5045.45
Claire MazumdarOption784,6729.24
Claire MazumdarOption3,1264.1
Claire MazumdarOption17,7104.1
Claire MazumdarOption44,6253.79
Claire MazumdarOption106,2543.79
Claire MazumdarOption189,3205.45
David RabenOption66,0043.79
David RabenOption37,8633.79
David RabenOption77,0805.45
David RabenOption148,7539.24
05

Incentive-plan design — the Compensation Discussion & Analysis

The company targets a general competitive position based on independent third-party benchmark analytics to inform the mix of base salary, bonus, and long-term incentives. The program is designed to motivate employees to achieve short- and long-term results in the best interests of stockholders and to promote executive retention through equity grants.

CEO STI target (% of salary)NaN%
CEO LTI target (% of salary)
Independent consultantPearl Meyer
Clawback policyThe company maintains a compensation recovery policy (clawback policy) in accordance with SEC and Nasdaq listing rules, requiring the recovery of incentive-based compensation in the event of a financial restatement due to material noncompliance.
Anti-hedgingThe insider trading policy expressly prohibits derivative transactions of company stock by executive officers, directors, and employees, including purchases of derivative securities that provide the economic equivalent of ownership.
Anti-pledging
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 8,000
Stock ownership guideline
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
1Bicara Therapeutics2025Claire Mazumdar$625,000$0$0$292,188$927,688

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, Claire MazumdarDEF 14A2026-04-270001628280-26-027320Section “Executive Compensation”. As printed: 927,688. Filing ↗machine: r2 · c21 · span 297846–297853
2Section 01, Ryan CohlheppDEF 14A2026-04-270001628280-26-027320Section “Executive Compensation”. As printed: 858,400. Filing ↗machine: r4 · c21 · span 301875–301882
3Section 01, David RabenDEF 14A2026-04-270001628280-26-027320Section “Executive Compensation”. As printed: 709,164. Filing ↗machine: r6 · c21 · span 306020–306027
4Section 07, pay ratio10-K2026-03-300001628280-26-022010Section “CEO Pay Ratio”. As printed: —. Filing ↗
5Bicara Therapeutics (subject), Section 10b CEO totalDEF 14A2026-04-270001628280-26-027320CEO total compensation as printed in Bicara Therapeutics's own proxy. As printed: 927,688. Filing ↗machine: r2 · c21 · span 297846–297853