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.
Each company listed discloses CRDF 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 CRDF in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Mark Erlander | $635,000 | $0 | $0 | $2,266,106 | $122,238 | $0 | $0 | $3,023,344 |
| Chief Executive Officer | ||||||||
| Roger Sidhu | 279,370 | 0 | 0 | 1,920,275 | 74,160 | 0 | 0 | 2,273,805 |
| Chief Medical Officer | ||||||||
| James Levine | 490,000 | 0 | 0 | 993,875 | 61,740 | 0 | 0 | 1,545,615 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Mark Erlander | $3,023,344 | $2,401,376 | — | +621,968 |
| Roger Sidhu | 2,273,805 | — | — | — |
| James Levine | 1,545,615 | 1,266,364 | — | +279,251 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Ajay Aggarwal | Chief Operating Officer | 2026-04-27 | A | 400,000 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Lale White | Director | 2026-06-11 | A | 40,565 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| James O. Armitage | Director | 2026-06-11 | A | 40,565 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Renee P. Tannenbaum | Director | 2026-06-11 | A | 40,565 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Rodney S. Markin | Director | 2026-06-11 | A | 40,565 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Gary W. Pace | Director | 2026-06-11 | A | 40,565 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Gary W. Pace | Director | 2026-06-18 | A | 30,000 | 1 | 36,600 | Common | Form 4 ↗ |
| Mani Mohindru | Director | 2026-06-18 | A | 24,703 | 1 | 29,891 | Common | Form 4 ↗ |
| Gary W. Pace | Director | 2026-07-14 | A | 687,285 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Mani Mohindru | Director | 2026-07-14 | A | 34,364 | 1 | 50,000 | Common | Form 4 ↗ |
| Mani Mohindru | Director | 2026-07-14 | A | 34,364 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Gary W. Pace | Director | 2026-07-14 | A | 687,285 | 1 | 1,000,000 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Mark Erlander | Option | — | — | — | — | — | $2,266,106 |
| James Levine | Option | — | — | — | — | — | 993,875 |
| Roger Sidhu | Option | — | — | — | — | — | 1,920,275 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Mark Erlander | $0 | $0 | $2,266,106 | 0.0% |
| James Levine | 0 | 0 | 993,875 | 0.0% |
| Roger Sidhu | 0 | 0 | 1,920,275 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| James Levine | Option | 61,710 | 1.72 | — |
| Mark Erlander | Option | 150,645 | 1.72 | — |
| Mark Erlander | Option | 286,875 | 3.51 | — |
| James Levine | Option | 10,626 | 2.5 | — |
| Mark Erlander | Option | 23,133 | 2.5 | — |
| James Levine | Option | 332,621 | 3.58 | — |
| Mark Erlander | Option | 758,400 | 3.58 | — |
| James Levine | Option | 115,317 | 3.51 | — |
| Roger Sidhu | Option | 600,000 | 3.86 | — |
Our compensation philosophy is to offer our employees compensation and benefits that are competitive and that meet our goals of attracting, retaining and motivating highly skilled employees so that we can achieve our financial and strategic objectives.
| CEO STI target (% of salary) | 55% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Aon |
| Clawback policy | True |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-11 | 17,120,176 | 1,772,185 | 437,049 | 90.62% | Passed |
| 2025 | 2025-06-26 | 18,881,817 | 2,576,465 | 539,755 | 87.99% | Passed |
| 2024 | 2024-06-20 | 13,280,919 | 2,131,944 | 410,747 | 86.17% | Passed |
| 2023 | 2023-06-15 | 11,916,210 | 2,419,195 | 292,665 | 83.12% | Passed |
| 2022 | 2022-06-09 | 7,931,026 | 7,356,186 | 2,020,452 | 45.82% | Failed |
| 2019 | 2019-06-06 | 827,836 | 87,822 | 49,871 | 90.41% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-11 | 90.62%a |
| 2025 | 2025-06-26 | 87.99%b |
| 2024 | 2024-06-20 | 86.17%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.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Rodney S. MarkinIndependent · Audit · Compensation | $119,000 | $0 | $106,670 | — | $0 | $225,670 |
| Lale WhiteIndependent · Audit (Chair) · Compensation | 82,500 | 0 | 106,670 | — | 0 | 189,170 |
| Gary W. PaceIndependent · Nominating/Governance (Chair) | 77,500 | 0 | 106,670 | — | 0 | 184,170 |
| Mani MohindruEmployee director | 77,000 | 0 | 106,670 | — | 0 | 183,670 |
| Renee P. TannenbaumIndependent · Compensation (Chair) · Nominating/Governance | 75,000 | 0 | 106,670 | — | 0 | 181,670 |
| James O. ArmitageIndependent · Audit · Nominating/Governance | 69,000 | 0 | 106,670 | — | 0 | 175,670 |
| Annual cash retainer | $65,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 16,000 / 10,000 / 8,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $500,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $500,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Cardiff Oncology 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 Cardiff Oncology.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Structure | 2025 | Raymond Stevens | $672,094 | $2,387,996 | $4,846,926 | $508,871 | $8,429,887 |
| 2 | Cardiff Oncology | 2025 | Mark Erlander | 635,000 | 0 | 2,266,106 | 122,238 | 3,023,344 |
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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Cardiff Oncology | 35% | Options 100 | not disclosed | Aon |
| Structure | 125% | Options 67 · RSU 33 | No | Aon |
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Mark Erlander | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Summary Compensation Table”. As printed: 3,023,344. Filing ↗machine: r2 · c16 · span 873925–873934 |
| 2 | Section 01, Roger Sidhu | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Summary Compensation Table”. As printed: 2,273,805. Filing ↗machine: r6 · c15 · span 899373–899382 |
| 3 | Section 01, James Levine | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Summary Compensation Table”. As printed: 1,545,615. Filing ↗machine: r4 · c16 · span 886617–886626 |
| 4 | Section 03, Mark Erlander Option | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t22 · r2 · c9 · span 838863–838872 |
| 5 | Section 03, James Levine Option | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t22 · r3 · c9 · span 843159–843166 |
| 6 | Section 03, Roger Sidhu Option | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t22 · r4 · c9 · span 847447–847456 |
| 7 | Section 07, pay ratio | 10-K | 2026-02-24 | 0001193125-26-067464 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 8 | Section 08, Rodney S. Markin | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Director Compensation”. As printed: 225,670. Filing ↗ |
| 9 | Section 08, Lale White | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Director Compensation”. As printed: 189,170. Filing ↗machine: t8 · r7 · c11 · span 414880–414887 |
| 10 | Section 08, Gary W. Pace | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Director Compensation”. As printed: 184,170. Filing ↗ |
| 11 | Section 08, Mani Mohindru | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Director Compensation”. As printed: 183,670. Filing ↗ |
| 12 | Section 08, Renee P. Tannenbaum | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Director Compensation”. As printed: 181,670. Filing ↗ |
| 13 | Section 08, James O. Armitage | DEF 14A | 2026-04-23 | 0001213037-26-000006 | Section “Director Compensation”. As printed: 175,670. Filing ↗ |
| 14 | Section 02, Ajay Aggarwal 2026-04-27 | Form 4 | 2026-04-28 | 0002132312-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Lale White 2026-06-11 | Form 4 | 2026-06-15 | 0001635493-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, James O. Armitage 2026-06-11 | Form 4 | 2026-06-15 | 0001370087-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Renee P. Tannenbaum 2026-06-11 | Form 4 | 2026-06-15 | 0001543174-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Rodney S. Markin 2026-06-11 | Form 4 | 2026-06-15 | 0001393415-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Gary W. Pace 2026-06-11 | Form 4 | 2026-06-15 | 0001184778-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Gary W. Pace 2026-06-18 | Form 4 | 2026-06-22 | 0001184778-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Mani Mohindru 2026-06-18 | Form 4 | 2026-06-22 | 0001664708-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Gary W. Pace 2026-07-14 | Form 4 | 2026-07-16 | 0001193125-26-306083 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Mani Mohindru 2026-07-14 | Form 4 | 2026-07-16 | 0001193125-26-306072 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Mani Mohindru 2026-07-14 | Form 4 | 2026-07-16 | 0001193125-26-306072 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Gary W. Pace 2026-07-14 | Form 4 | 2026-07-16 | 0001193125-26-306083 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 06, 2026 vote | Form 8-K | 2026-06-11 | 0001193125-26-267563 | Item 5.07 · say-on-pay result. As reported: 90.62% (votes for as printed: 17,120,176). Filing ↗ |
| 27 | Section 06, 2025 vote | Form 8-K | 2025-06-26 | 0001641172-25-016659 | Item 5.07 · say-on-pay result. As reported: 87.99% (votes for as printed: 18,881,817). Filing ↗ |
| 28 | Section 06, 2024 vote | Form 8-K | 2024-06-20 | 0001628280-24-029108 | Item 5.07 · say-on-pay result. As reported: 86.17% (votes for as printed: 13,280,919). Filing ↗ |
| 29 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 30 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 31 | Section 09b board cost (computed) | Computed | — | computed | Cash 500,000 + equity 0 + all other 0 = 500,000, summed across the director compensation table rows.machine: formula: Σ = 500,000 |
| 32 | Structure, Section 10b CEO total | DEF 14A | 2026-04-23 | 0001104659-26-047740 | CEO total compensation as printed in Structure's own proxy. As printed: 8,429,887. Filing ↗machine: r1 · c47 · span 552927–552936 |
| 33 | Cardiff Oncology (subject), Section 10b CEO total | DEF 14A | 2026-04-23 | 0001213037-26-000006 | CEO total compensation as printed in Cardiff Oncology's own proxy. As printed: 3,023,344. Filing ↗machine: r2 · c16 · span 873925–873934 |
| 34 | Section 10a, Structure reciprocity | DEF 14A | — | 0001104659-26-047740 | Structure's most recent proxy was read; its disclosed peer group does not include Cardiff Oncology. Filing ↗ |