Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-03

Crescent Biopharma (CBIO)

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.

$13,116,834
Joshua Brumm total, FY2025
CEO pay percentile vs peers
1,000:1
CEO-to-median pay ratio
98.39%
Say-on-pay support, latest vote
Companies that benchmark against CBIO
No companies currently name CBIO 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
Joshua Brumm$554,167$2,381,440$9,635,227$546,000$13,116,834
Chief Executive Officer & Director
Jonathan McNeill435,4171,163,6194,683,542321,7506,604,328
Chief Operating Officer & President
Ellie Im401,250281,3472,666,923312,9753,662,495
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
Joshua Brumm$13,116,834
Jonathan McNeill6,604,328
Ellie Im3,662,495

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
Joshua BrummRSU268,400$3,183,224
Jonathan McNeillRSU134,2001,591,612
Joshua BrummRSU55,117653,688
Jonathan McNeillRSU25,507302,513
Ellie ImRSU21,298252,594
Joshua BrummOption345,67213.17
Joshua BrummOption180,46713.21
Jonathan McNeillOption172,83613.17
Jonathan McNeillOption78,02913.21
Ellie ImOption65,19013.21
05

Incentive-plan design — the Compensation Discussion & Analysis

Compensation positioning is used to attract and retain key employees for the Company’s continued success and growth, balancing internal and external alignment while considering strategy, shareholder feedback, tenure, performance, and criticality.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0218,346,099300,21787698.39%Passed
20242024-05-0135,292,8081,881,27675,67094.94%Passed
20232023-05-1936,116,823435,570112,28398.81%Passed
20222022-05-1827,132,9911,035,55488,52796.32%Passed
20212021-05-1831,828,920380,710611,79298.82%Passed
20202020-05-2234,250,2211,056,25822,19797.01%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
20262026-06-0298.39%a
20242024-05-0194.94%b
20232023-05-1998.81%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.

07

CEO pay ratio

Ratio (CEO : median employee)1,000 : 1
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jonathan ViolinIndependent · Nominating and Corporate Governance Committee$24,812$192,566$106,923$150,000$474,301
Jonathan Violin, Ph.DNot independent · Nominating · Nominating and Corporate Governance24,812192,566106,923150,000474,301
David LubnerIndependent · Audit Committee · Compensation Committee (Chair) · Nominating and Corporate Governance Committee34,5690260,4220294,991
Peter HarwinIndependent · Board Chair · Nominating and Corporate Governance Committee (Chair)44,6520106,9230151,575
Alexandra BalcomIndependent · Audit Committee (Chair) · Compensation Committee33,5430106,9230140,466
Susan Moran, M.D., MSCEIndependent · Audit · Compensation30,0410106,9230136,964
Joshua BrummEmployee director0
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)7,500 / 6,000 / 5,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$192,429
Equity awards (grant-date value)$385,132
All other compensation$300,000
Total cost of the board$877,561

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
1Crescent Biopharma2025Joshua Brumm$554,167$2,381,440$9,635,227$546,000$13,116,834

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, Joshua BrummDEF 14A2026-04-210001628280-26-026282Section “Executive Compensation”. As printed: 13,116,834. Filing ↗
2Section 01, Jonathan McNeillDEF 14A2026-04-210001628280-26-026282Section “Executive Compensation”. As printed: 6,604,328. Filing ↗
3Section 01, Ellie ImDEF 14A2026-04-210001628280-26-026282Section “Executive Compensation”. As printed: 3,662,495. Filing ↗
4Section 07, pay ratioDEF 14A2026-04-210001628280-26-026282Section “CEO Pay Ratio”. As printed: 1000 : 1. Filing ↗
5Section 08, Jonathan ViolinDEF 14A2026-04-210001628280-26-026282Section “Director Compensation”. As printed: 474,301. Filing ↗
6Section 08, Jonathan Violin, Ph.DDEF 14A2026-04-210001628280-26-026282Section “Director Compensation”. As printed: 474,301. Filing ↗
7Section 08, David LubnerDEF 14A2026-04-210001628280-26-026282Section “Director Compensation”. As printed: 294,991. Filing ↗
8Section 08, Peter HarwinDEF 14A2026-04-210001628280-26-026282Section “Director Compensation”. As printed: 151,575. Filing ↗
9Section 08, Alexandra BalcomDEF 14A2026-04-210001628280-26-026282Section “Director Compensation”. As printed: 140,466. Filing ↗
10Section 08, Susan Moran, M.D., MSCEDEF 14A2026-04-210001628280-26-026282Section “Director Compensation”. As printed: 136,964. Filing ↗
11Section 08, Joshua BrummDEF 14A2026-04-210001628280-26-026282Section “Director Compensation”. As printed: 0. Filing ↗
12Section 06, 2026 voteForm 8-K2026-06-030001628280-26-040051Item 5.07 · say-on-pay result. As reported: 98.39% (votes for as printed: 18,346,099). Filing ↗
13Section 06, 2024 voteForm 8-K2024-05-020001558370-24-006459Item 5.07 · say-on-pay result. As reported: 94.94% (votes for as printed: 35,292,808). Filing ↗
14Section 06, 2023 voteForm 8-K2023-05-220001558370-23-010301Item 5.07 · say-on-pay result. As reported: 98.81% (votes for as printed: 36,116,823). Filing ↗
15Section 09b board cost (computed)ComputedcomputedCash 192,429 + equity 385,132 + all other 300,000 = 877,561, summed across the director compensation table rows.machine: formula: Σ = 877,561
16Crescent Biopharma (subject), Section 10b CEO totalDEF 14A2026-04-210001628280-26-026282CEO total compensation as printed in Crescent Biopharma's own proxy. As printed: 13,116,834. Filing ↗