Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-12

Corvus Pharmaceuticals (CRVS)

CEO Richard Miller was paid $7,031,566 in 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.

$7,031,566
Richard Miller total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
96.76%
Say-on-pay support, latest vote

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Companies that benchmark against CRVS
2 companies name CRVS as a compensation peer

Each company listed discloses CRVS 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 CRVS 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
Richard Miller$36,566$0$0$6,989,000$0—$6,000$7,031,566
President and Chief Executive Officer
Leiv Lea405,948002,795,6000—6,0003,207,548
Chief Financial Officer
William Jones360,115002,795,6000—6,0003,161,715
Senior Vice President, Pharmaceutical Development

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
Richard Miller$7,031,566$7,031,566—+0
Leiv Lea3,207,5483,207,548—+0
William Jones3,161,7153,161,715—+0

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
Leiv LeaOption66,6661.64—
William JonesRSU3,407,335—17,435,512
Richard MillerOption1,000,0008.81—
Richard MillerOption53,3330.97—
Richard MillerOption66,6660.91—
Richard MillerOption166,6661.64—
Richard MillerOption500,0004.99—
Leiv LeaOption26,6660.97—
Leiv LeaOption200,0004.99—
Leiv LeaOption400,0008.81—
William JonesOption26,6660.97—
William JonesOption66,6661.64—
William JonesOption200,0004.99—
William JonesOption400,0008.81—
05

Incentive-plan design — the Compensation Discussion & Analysis

The company's compensation program is designed to provide a fixed base salary reflecting the executive's skill set, experience, role, and responsibilities, along with eligibility for discretionary annual performance-based bonuses and equity awards to incentivize employees in accordance with company policies.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1158,936,5321,971,37064,32996.76%Passed
20252025-06-1237,113,1372,096,60163,81594.65%Passed
20242024-06-1324,424,413413,670234,23398.33%Passed
20232023-06-1525,550,695348,929177,94198.65%Passed
20222022-06-1522,614,704409,96167,64498.22%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
20262026-06-1196.76%a
20252025-06-1294.65%b
20242024-06-1398.33%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
David S. MooreIndependent · Audit · Compensation · Nominating and Corporate Governance$11,250$0$170,988——$182,238
Scott W. MorrisonIndependent · Audit · Compensation61,000050,472——111,472
Richard van den BroekIndependent · Audit · Nominating and Corporate Governance (Chair) · Compensation36,808068,844——105,652
Linda S. Grais, M.D., J.DIndependent · Audit · Compensation · Nominating and Corporate Governance49,000050,472——99,472
Peter A. Thompson, M.DIndependent · Compensation · Nominating and Corporate Governance47,000050,472——97,472
Ian T. ClarkIndependent · Compensation · Nominating and Corporate Governance45,000050,472——95,472
Elisha P. (Terry) Gould IIIIndependent · Audit · Departed during FY24,31600——24,316
Richard A. Miller, M.DEmployee director · Board Chair · Compensation (Chair) · Nominating and Corporate Governance—————0
Andrew C. Chan, M.D., Ph.DIndependent · Nominating and Corporate Governance · Newly elected000——0
09

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 12,000 / 8,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$274,374
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$274,374

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
1Corvus Pharmaceuticals2025Richard Miller$36,566$0$6,989,000$0$7,031,566

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at Corvus Pharmaceuticals in fiscal 2025?
As disclosed, Richard Miller, President and Chief Executive Officer, was the highest-paid executive at Corvus Pharmaceuticals in fiscal 2025 with total compensation of $7,031,566.
How does Corvus Pharmaceuticals's chief executive pay compare to its disclosed peer group?
The filing shows that the CEO pay percentile of disclosed peers is not disclosed.
What is Corvus Pharmaceuticals's CEO-to-median employee pay ratio?
The filing shows that the CEO-to-median employee pay ratio is not disclosed.
How did shareholders vote on Corvus Pharmaceuticals's executive compensation?
As disclosed, 96.76% of shareholders supported the executive compensation vote.
How much does Corvus Pharmaceuticals spend in total on board compensation for fiscal 2025?
The company reported total board compensation of $274,374 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, Richard MillerDEF 14A2026-04-240001104659-26-048595Section “Summary Compensation Table” · page 26. As printed: 7,031,566. Filing ↗
2Section 01, Leiv LeaDEF 14A2026-04-240001104659-26-048595Section “Summary Compensation Table” · page 26. As printed: 3,207,548. Filing ↗
3Section 01, William JonesDEF 14A2026-04-240001104659-26-048595Section “Summary Compensation Table” · page 26. As printed: 3,161,715. Filing ↗
4Section 08, David S. MooreDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 182,238. Filing ↗machine: span 323987–324158
5Section 08, Scott W. MorrisonDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 111,472. Filing ↗machine: span 325741–325912
6Section 08, Richard van den BroekDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 105,652. Filing ↗machine: span 322248–322419
7Section 08, Linda S. Grais, M.D., J.DDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 99,472. Filing ↗machine: span 320494–320664
8Section 08, Peter A. Thompson, M.DDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 97,472. Filing ↗machine: span 327322–327492
9Section 08, Ian T. ClarkDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 95,472. Filing ↗machine: span 316902–317072
10Section 08, Elisha P. (Terry) Gould IIIDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 24,316. Filing ↗machine: span 317695–317822
11Section 08, Richard A. Miller, M.DDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Andrew C. Chan, M.D., Ph.DDEF 14A2026-04-240001104659-26-048595Section “Director Compensation”. As printed: 0. Filing ↗
13Section 06, 2026 voteForm 8-K2026-06-120001171843-26-004094Item 5.07 · say-on-pay result. As reported: 96.76% (votes for as printed: 58,936,532). Filing ↗
14Section 06, 2025 voteForm 8-K2025-06-130001171843-25-003881Item 5.07 · say-on-pay result. As reported: 94.65% (votes for as printed: 37,113,137). Filing ↗
15Section 06, 2024 voteForm 8-K2024-06-140001171843-24-003444Item 5.07 · say-on-pay result. As reported: 98.33% (votes for as printed: 24,424,413). Filing ↗
16Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 09b board cost (computed)Computed——Cash 274,374 + equity 0 + all other 0 = 274,374, summed across the director compensation table rows.machine: formula: Σ = 274,374
18Corvus Pharmaceuticals (subject), Section 10b CEO totalDEF 14A2026-04-240001104659-26-048595CEO total compensation as printed in Corvus Pharmaceuticals's own proxy. As printed: 7,031,566. Filing ↗

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