Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-22

Cryoport, Inc. (CPO)

CEO Jerrell Shelton was paid $2,375,524 in fiscal year 2025, up 26.7% from fiscal year 2024, the 13th percentile of its disclosed peer group (SEC filing 0001140361-26-016129 ↗): 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.

$2,375,524
Jerrell Shelton total, FY2025
13th
CEO pay percentile vs peers
37:1
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

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Companies that benchmark against CPO
1 company names CPO as a compensation peer

Each company listed discloses CPO 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 CPO 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 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jerrell Shelton$967,845$0$192,300$306,869$908,510$0$0$2,375,524
President and Chief Executive Officer
Robert Stefanovich597,895064,100101,604342,016014,0001,119,615
Senior Vice President and Chief Financial Officer
Edward Zecchini597,895051,28082,838342,016014,0001,088,029
Senior Vice President and Chief Digital and Technology Officer
Mark Sawicki597,897057,69097,584218,890014,000986,061
Chief Scientific 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 FY2024→2025
Jerrell Shelton$2,375,524$1,874,870$2,236,758+500,654
Robert Stefanovich1,119,615966,8971,042,877+152,718
Edward Zecchini1,088,0291,040,665—+47,364
Mark Sawicki986,061930,7681,042,877+55,293

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
Robert StefanovichRSU2,614—$25,094
Jerrell SheltonRSU30,000—288,000
Edward ZecchiniOption35,0009.29—
Jerrell SheltonRSU13,546—130,042
Jerrell SheltonRSU11,176—107,290
Robert StefanovichRSU10,000—96,000
Mark SawickiRSU9,000—86,400
Edward ZecchiniRSU8,000—76,800
Edward ZecchiniRSU7,841—75,274
Jerrell SheltonRSU6,773—65,021
Robert StefanovichRSU5,227—50,179
Mark SawickiRSU5,227—50,179
Robert StefanovichRSU4,312—41,395
Mark SawickiRSU4,312—41,395
Mark SawickiRSU2,614—25,094
Jerrell SheltonOption179,0071.87—
Jerrell SheltonOption281,2193.44—
Jerrell SheltonOption278,4408.65—
Jerrell SheltonOption375,00012.79—
Jerrell SheltonOption375,00016.93—
Jerrell SheltonOption66,00058.94—
Jerrell SheltonOption3,80929.69—
Jerrell SheltonOption19,04723.78—
Jerrell SheltonOption18,85716.7—
Jerrell SheltonOption60,9377.05—
Robert StefanovichOption87,1881.87—
Robert StefanovichOption81,0003.21—
Robert StefanovichOption66,3008.65—
Robert StefanovichOption90,00012.79—
Robert StefanovichOption100,00016.93—
Robert StefanovichOption1,30729.69—
Robert StefanovichOption6,53423.78—
Robert StefanovichOption6,46916.7—
Robert StefanovichOption20,3127.05—
Edward ZecchiniOption5,41656.57—
Mark SawickiOption51,4238.65—
Mark SawickiOption89,00012.79—
Mark SawickiOption100,00016.93—
Mark SawickiOption21,33358.94—
Mark SawickiOption1,30729.69—
Mark SawickiOption6,53423.78—
Mark SawickiOption6,46916.7—
Mark SawickiOption19,5007.05—
Edward ZecchiniOption35,0004.8—
Edward ZecchiniOption35,00014.35—
Edward ZecchiniOption35,00018.02—
Edward ZecchiniOption13,98122.56—
Edward ZecchiniOption15,12520.05—
Edward ZecchiniOption11,76216.7—
Edward ZecchiniOption16,2507.05—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee's philosophy is to attract and maintain high-performing talent, motivate executive officers to create long-term value, and align executive interests with stockholders by focusing on both near-term corporate goals and long-term business objectives. The program is primarily performance-based, with a significant portion of compensation being variable and at-risk.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
07

CEO pay ratio

Ratio (CEO : median employee)37 : 1
CEO total compensation—
Median employee compensation$64,653
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ramkumar Mandalam, Ph.DIndependent · Audit · Compensation (Chair) · Nominating/Governance · Technology$105,903$162,498$162,573——$430,974
Linda BaddourIndependent · Audit (Chair) · Compensation · Nominating/Governance (Chair)96,722162,498162,573——421,793
Robert Hariri, M.D., Ph.DIndependent · Nominating/Governance · Technology (Chair)94,000162,498162,573——419,071
Daniel HancockIndependent · Audit · Compensation · Technology70,000162,498162,573——395,071
Richard BermanIndependent · Departed during FY108,847————108,847
Ram M. JagannathIndependent70,000————70,000
Jerrell SheltonEmployee director · Board Chair—————0
09

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$325,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$545,472
Equity awards (grant-date value)$649,992
All other compensation$0
Total cost of the board$1,195,464

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 Cryoport, Inc. 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 Cryoport, Inc..

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
1Manhattan Associates, Inc.2025Eric Clark$710,000$13,000,328$0$835,375$16,697,528
2Evolent Health, Inc.2025Seth Blackley867,06812,699,0860014,240,154
3Medpace Holdings, Inc.2025August Troendle937,41709,999,999011,443,766
4SPS Commerce, Inc.2025Chad Collins609,65810,789,7040011,410,244
5Verint Systems Inc2025Dan Bodner807,7759,371,5280532,14210,825,132
6Azenta, Inc.2025John Marotta900,0008,386,29701,063,65610,371,414
7Pegasystems Inc.2025Alan Trefler600,00007,001,532720,0008,332,032
8Veracyte, Inc.2025Marc Stapley700,0005,890,8770826,0007,421,877
9Biolife Solutions Inc.2024Roderick de Greef744,4505,571,8740655,1167,046,205
10Mesa Laboratories, Inc.2026Gary Owens808,8464,700,01701,120,0006,643,208
11Repligen Corp2025Olivier Loeillot860,0003,374,8531,095,626774,0006,114,771
12Agios Pharmaceuticals, Inc.2025Brian Goff846,8641,291,6802,627,252592,8045,370,389
13Regenxbio Inc.2025Curran Simpson665,510777,4482,350,302387,3274,200,712
14Cryoport, Inc.2025Jerrell Shelton967,845192,300306,869908,5102,375,524
15Lantheus Holdings2025Mary Anne Heino100,000749,963749,99902,173,930
16Simulations Plus, Inc.2025Shawn O'Connor524,7250567,45001,096,572

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
Cryoport, Inc.not disclosedOption 61.5 · RSR 38.5not disclosedFrederic W. Cook & Co., Inc.
Agios Pharmaceuticals, Inc.100%Options 40 · PSU 40 · RSU 20NoAon
Azenta, Inc.not disclosedPSU 50 · RSU 50Yes — Relative TSR (rTSR)Pearl Meyer
Biolife Solutions Inc.88%RSU 50 · Market-based RSU 50Yes — Total Shareholder Return (TSR)Frederic W. Cook & Co, Inc.
Evolent Health, Inc.75%PSU 70 · RSU 30NoExequity
Lantheus Holdings47%PSU 50 · RSU 25 · Options 25Yes — relative Total Shareholder Return (rTSR) against the S&P 400 Health Care IndexPearl Meyer
Manhattan Associates, Inc.118%RSU 50 · PSU 50NoWillis Towers Watson
Medpace Holdings, Inc.52.5%Options 100not disclosedTotal Compensation Solutions (TCS)
Mesa Laboratories, Inc.125%PSU 50 · RSU 50NoFrederic W. Cook & Co, Inc.
Pegasystems Inc.120%not disclosedNonot disclosed
Regenxbio Inc.97%Options 75 · RSU 25not disclosedWillis Towers Watson
Repligen Corp100%RSU 50 · PSU 25 · Options 25NoMeridian Compensation Partners, LLC
Simulations Plus, Inc.not disclosedOptions 100not disclosedPearl Meyer
SPS Commerce, Inc.not disclosedRSU 50 · PSU 50Yes — relative TSR performance against the Russell 2000 IndexCompensia, Inc.
Veracyte, Inc.118%PSU 50 · RSU 50NoAon
Verint Systems Inc65%PSU 60 · RSU 40Yes — Relative TSRWillis Towers Watson

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at Cryoport, Inc. in fiscal 2025?
As disclosed, Jerrell Shelton, President and Chief Executive Officer, was the highest-paid executive at Cryoport, Inc. in fiscal 2025 with total compensation of $2,375,524.
How does Cryoport, Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows that the chief executive's pay ranked at the 13th percentile of the disclosed peer group.
What is Cryoport, Inc.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 37:1.
How did shareholders vote on Cryoport, Inc.'s executive compensation?
The latest say-on-pay support vote is not disclosed in this filing.
How much does Cryoport, Inc. spend in total on board compensation for fiscal 2025?
The company reported total board compensation of $1,195,464 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, Jerrell SheltonDEF 14A2026-04-220001140361-26-016129Section “Executive Compensation”. As printed: 2,375,524. Filing ↗machine: r2 · c22 · span 1285130–1285139
2Section 01, Robert StefanovichDEF 14A2026-04-220001140361-26-016129Section “Executive Compensation”. As printed: 1,119,615. Filing ↗machine: r6 · c22 · span 1296827–1296836
3Section 01, Edward ZecchiniDEF 14A2026-04-220001140361-26-016129Section “Executive Compensation”. As printed: 1,088,029. Filing ↗machine: r14 · c22 · span 1319629–1319638
4Section 01, Mark SawickiDEF 14A2026-04-220001140361-26-016129Section “Executive Compensation”. As printed: 986,061. Filing ↗machine: r10 · c22 · span 1308347–1308354
5Section 07, pay ratioDEF 14A2026-04-220001140361-26-016129Section “CEO Pay Ratio”. As printed: 37 : 1. Filing ↗
6Section 08, Ramkumar Mandalam, Ph.DDEF 14A2026-04-220001140361-26-016129Section “Director Compensation”. As printed: 430,974. Filing ↗
7Section 08, Linda BaddourDEF 14A2026-04-220001140361-26-016129Section “Director Compensation”. As printed: 421,793. Filing ↗machine: span 1991627–1991816
8Section 08, Robert Hariri, M.D., Ph.DDEF 14A2026-04-220001140361-26-016129Section “Director Compensation”. As printed: 419,071. Filing ↗machine: span 1999932–2000114
9Section 08, Daniel HancockDEF 14A2026-04-220001140361-26-016129Section “Director Compensation”. As printed: 395,071. Filing ↗machine: span 1997150–1997332
10Section 08, Richard BermanDEF 14A2026-04-220001140361-26-016129Section “Director Compensation”. As printed: 108,847. Filing ↗machine: span 1992777–1992915
11Section 08, Ram M. JagannathDEF 14A2026-04-220001140361-26-016129Section “Director Compensation”. As printed: 70,000. Filing ↗
12Section 08, Jerrell SheltonDEF 14A2026-04-220001140361-26-016129Section “Director Compensation”. As printed: 0. Filing ↗
13Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
14Section 09b board cost (computed)Computed——Cash 545,472 + equity 649,992 + all other 0 = 1,195,464, summed across the director compensation table rows.machine: formula: Σ = 1,195,464
15Manhattan Associates, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140024CEO total compensation as printed in Manhattan Associates, Inc.'s own proxy. As printed: 16,697,528. Filing ↗machine: r7 · c24 · span 1260363–1260373
16Evolent Health, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177267CEO total compensation as printed in Evolent Health, Inc.'s own proxy. As printed: 14,240,154. Filing ↗machine: r3 · c20 · span 908544–908555
17Medpace Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-010001668397-26-000012CEO total compensation as printed in Medpace Holdings, Inc.'s own proxy. As printed: 11,443,766. Filing ↗machine: t43 · r3 · c9 · span 495770–495781
18SPS Commerce, Inc., Section 10b CEO totalDEF 14A2026-04-140001092699-26-000029CEO total compensation as printed in SPS Commerce, Inc.'s own proxy. As printed: 11,410,244. Filing ↗machine: r2 · c42 · span 913548–913558
19Verint Systems Inc, Section 10b CEO totalDEF 14A2025-05-080001166388-25-000085CEO total compensation as printed in Verint Systems Inc's own proxy. As printed: 10,825,132. Filing ↗machine: t40 · r3 · c16 · span 735065–735075
20Azenta, Inc., Section 10b CEO totalDEF 14A2025-12-180001140361-25-046064CEO total compensation as printed in Azenta, Inc.'s own proxy. As printed: 10,371,414. Filing ↗machine: r2 · c22 · span 1247118–1247129
21Pegasystems Inc., Section 10b CEO totalDEF 14A2026-04-240001013857-26-000031CEO total compensation as printed in Pegasystems Inc.'s own proxy. As printed: 8,332,032. Filing ↗machine: span 334047–334056
22Veracyte, Inc., Section 10b CEO totalDEF 14A2026-04-220001384101-26-000021CEO total compensation as printed in Veracyte, Inc.'s own proxy. As printed: 7,421,877. Filing ↗machine: r4 · c27 · span 855413–855422
23Biolife Solutions Inc., Section 10b CEO totalDEF 14A2025-07-080000834365-25-000007CEO total compensation as printed in Biolife Solutions Inc.'s own proxy. As printed: 7,046,205. Filing ↗machine: span 344908–344917
24Mesa Laboratories, Inc., Section 10b CEO totalDEF 14A2026-07-220000724004-26-000071CEO total compensation as printed in Mesa Laboratories, Inc.'s own proxy. As printed: 6,643,208. Filing ↗machine: r3 · c24 · span 580946–580955
25Repligen Corp, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140115CEO total compensation as printed in Repligen Corp's own proxy. As printed: 6,114,771. Filing ↗machine: t16 · r4 · c2 · span 577065–577074
26Agios Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177086CEO total compensation as printed in Agios Pharmaceuticals, Inc.'s own proxy. As printed: 5,370,389. Filing ↗machine: r2 · c31 · span 613185–613194
27Regenxbio Inc., Section 10b CEO totalDEF 14A2026-04-140001193125-26-155058CEO total compensation as printed in Regenxbio Inc.'s own proxy. As printed: 4,200,712. Filing ↗machine: r2 · c16 · span 436444–436453
28Cryoport, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-220001140361-26-016129CEO total compensation as printed in Cryoport, Inc.'s own proxy. As printed: 2,375,524. Filing ↗machine: r2 · c22 · span 1285130–1285139
29Lantheus Holdings, Section 10b CEO totalDEF 14A2026-03-200001193125-26-117649CEO total compensation as printed in Lantheus Holdings's own proxy. As printed: 2,173,930. Filing ↗machine: r3 · c39 · span 957618–957628
30Simulations Plus, Inc., Section 10b CEO totalDEF 14A2025-12-290001023459-25-000068CEO total compensation as printed in Simulations Plus, Inc.'s own proxy. As printed: 1,096,572. Filing ↗machine: t15 · r4 · c16 · span 575496–575505
31Section 10a, Mesa Laboratories, Inc. reciprocityDEF 14A—0000724004-26-000071Mesa Laboratories, Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
32Section 10a, SPS Commerce, Inc. reciprocityDEF 14A—0001092699-26-000029SPS Commerce, Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
33Section 10a, Pegasystems Inc. reciprocityDEF 14A—0001013857-26-000031Pegasystems Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
34Section 10a, Evolent Health, Inc. reciprocityDEF 14A—0001193125-26-177267Evolent Health, Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
35Section 10a, Biolife Solutions Inc. reciprocityDEF 14A—0000834365-25-000007Biolife Solutions Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
36Section 10a, Agios Pharmaceuticals, Inc. reciprocityDEF 14A—0001193125-26-177086Agios Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
37Section 10a, Medpace Holdings, Inc. reciprocityDEF 14A—0001668397-26-000012Medpace Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
38Section 10a, Verint Systems Inc reciprocityDEF 14A—0001166388-25-000085Verint Systems Inc's most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
39Section 10a, Manhattan Associates, Inc. reciprocityDEF 14A—0001193125-26-140024Manhattan Associates, Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
40Section 10a, Azenta, Inc. reciprocityDEF 14A—0001140361-25-046158Azenta, Inc. names Cryoport, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
41Section 10a, Repligen Corp reciprocityDEF 14A—0001193125-26-140115Repligen Corp's most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗
42Section 10a, Veracyte, Inc. reciprocityDEF 14A—0001384101-26-000021Veracyte, Inc.'s most recent proxy was read; its disclosed peer group does not include Cryoport, Inc.. Filing ↗

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