Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-08

Capricor Therapeutics (CAPR)

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.

$3,521,565
Linda Marbán total, FY2025
50th
CEO pay percentile vs peers
CEO-to-median pay ratio
79.58%
Say-on-pay support, latest vote
Companies that benchmark against CAPR
No companies currently name CAPR 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
Linda Marbán$300,000$270,000$0$2,940,920$0$0$10,645$3,521,565
Chief Executive Officer
Anthony Bergmann425,000148,75049,9961,036,0460011,0001,670,792
Chief Financial Officer
Karen Krasney391,76897,9500768,8400011,0001,269,558
Executive Vice President & General Counsel

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
Linda Marbán$3,521,565
Anthony Bergmann1,670,792
Karen Krasney1,269,558

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
Linda MarbánOption161,87514.96
Linda MarbánOption36,5633.85
Linda MarbánOption7,8723.18
Linda MarbánOption130,2095.12
Karen KrasneyOption1,7523.18
Karen KrasneyOption21,6673.85
Karen KrasneyOption41,6675.12
Karen KrasneyOption46,25014.96
Anthony BergmannOption3,4793.18
Anthony BergmannOption23,0213.85
Anthony BergmannOption44,2715.12
Anthony BergmannOption57,81314.96
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)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0424,336,4346,244,316212,64279.58%Passed
20252025-05-2216,442,8451,467,438158,00191.81%Passed
20242024-05-149,175,5481,990,308281,82882.18%Passed
20232023-06-124,328,9642,446,891181,54163.89%Passed
20222022-06-033,703,1883,038,000109,31054.93%Passed
20212021-06-113,494,7721,470,318117,54670.39%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
20262026-06-0479.58%a
20252025-05-2291.81%b
20242024-05-1482.18%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Frank Litvack, M.DEmployee director · Board Chair · Nominating and Corporate Governance$0$615,350$120,000$735,350
David B. MusketIndependent · Audit (Chair) · Compensation (Chair)85,000295,6010380,601
George W. Dunbar Jr., M.B.AIndependent · Audit · Compensation · Nominating and Corporate Governance65,000260,5950325,595
Philip Gotwals, Ph.DIndependent · Compensation58,750243,0920301,842
Karimah Es SabarIndependent · Audit · Nominating and Corporate Governance (Chair)52,500247,4670299,967
Michael KelliherIndependent · Audit55,000234,3400289,340
Paul Auwaerter, M.D., M.B.AIndependent · Nominating and Corporate Governance50,000234,3400284,340
Linda Marbán, Ph.DEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$250,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 7,500
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$366,250
Equity awards (grant-date value)$0
All other compensation$120,000
Total cost of the board$486,250

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

10

Disclosed peer group — fiscal year 2025

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

10a

Peer reciprocity

Of the companies Capricor Therapeutics 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 Capricor Therapeutics.

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
1Option2025John Rademacher$1,000,000$6,500,050$0$1,665,000$9,266,330
2Capricor Therapeutics2025Linda Marbán300,00002,940,92003,521,565
3Stock2025James Hillebrand875,000656,250218,7501,487,5003,380,337

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
Capricor Therapeuticsnot disclosednot disclosednot disclosednot disclosed
Option111%PSU 60 · RSU 40NoPearl Meyer
Stock200%PSU 75 · Options 25NoAon's Human Capital Solutions

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, Linda MarbánDEF 14A2026-04-100001104659-26-042070Section “Executive Compensation”. As printed: 3,521,565. Filing ↗
2Section 01, Anthony BergmannDEF 14A2026-04-100001104659-26-042070Section “Executive Compensation”. As printed: 1,670,792. Filing ↗
3Section 01, Karen KrasneyDEF 14A2026-04-100001104659-26-042070Section “Executive Compensation”. As printed: 1,269,558. Filing ↗
4Section 08, Frank Litvack, M.DDEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 735,350. Filing ↗machine: span 747744–747751
5Section 08, David B. MusketDEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 380,601. Filing ↗machine: span 750560–750567
6Section 08, George W. Dunbar Jr., M.B.ADEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 325,595. Filing ↗machine: span 753677–753684
7Section 08, Philip Gotwals, Ph.DDEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 301,842. Filing ↗machine: span 762617–762624
8Section 08, Karimah Es SabarDEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 299,967. Filing ↗machine: span 756535–756542
9Section 08, Michael KelliherDEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 289,340. Filing ↗machine: span 765722–765729
10Section 08, Paul Auwaerter, M.D., M.B.ADEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 284,340. Filing ↗machine: span 759754–759761
11Section 08, Linda Marbán, Ph.DDEF 14A2026-04-100001104659-26-042070Section “Director Compensation”. As printed: 0. Filing ↗
12Section 06, 2026 voteForm 8-K2026-06-080001104659-26-071364Item 5.07 · say-on-pay result. As reported: 79.58% (votes for as printed: 24,336,434). Filing ↗
13Section 06, 2025 voteForm 8-K2025-05-270001558370-25-008145Item 5.07 · say-on-pay result. As reported: 91.81% (votes for as printed: 16,442,845). Filing ↗
14Section 06, 2024 voteForm 8-K2024-05-150001558370-24-008310Item 5.07 · say-on-pay result. As reported: 82.18% (votes for as printed: 9,175,548). Filing ↗
15Section 09b board cost (computed)ComputedcomputedCash 366,250 + equity 0 + all other 120,000 = 486,250, summed across the director compensation table rows.machine: formula: Σ = 486,250
16Option, Section 10b CEO totalDEF 14A2026-04-080001140361-26-013825CEO total compensation as printed in Option's own proxy. As printed: 9,266,330. Filing ↗machine: r2 · c25 · span 1114074–1114083
17Capricor Therapeutics (subject), Section 10b CEO totalDEF 14A2026-04-100001104659-26-042070CEO total compensation as printed in Capricor Therapeutics's own proxy. As printed: 3,521,565. Filing ↗
18Stock, Section 10b CEO totalDEF 14A2026-03-120001437749-26-007879CEO total compensation as printed in Stock's own proxy. As printed: 3,380,337. Filing ↗machine: r3 · c32 · span 991255–991264
19Section 10a, Option reciprocityDEF 14A0001140361-26-013825Option's most recent proxy was read; its disclosed peer group does not include Capricor Therapeutics. Filing ↗
20Section 10a, Stock reciprocityDEF 14A0001437749-26-007879Stock's most recent proxy was read; its disclosed peer group does not include Capricor Therapeutics. Filing ↗