Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-29

Definium Therapeutics (DFTX)

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.

$12,767,442
Robert Barrow total, FY2025
99th
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against DFTX
No companies currently name DFTX 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
Robert Barrow$655,000$0$11,719,750$0$378,263$0$14,429$12,767,442
Chief Executive Officer
Brandi Roberts288,75001,815,0002,890,889121,32204015,116,362
Chief Financial Officer
Daniel Karlin510,00003,262,5250214,200014,5334,001,258
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
Robert Barrow$12,767,442
Brandi Roberts5,116,362
Daniel Karlin4,001,258

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 BarrowRSU375,000$5,021,250
Robert BarrowRSU284,3753,807,781
Robert BarrowRSU125,0001,673,750
Daniel KarlinRSU100,0001,339,000
Daniel KarlinRSU93,4381,251,135
Brandi RobertsRSU62,500836,875
Daniel KarlinRSU39,063523,054
Robert BarrowRSU7,583101,536
Daniel KarlinRSU3,95852,998
Robert BarrowOption216,6674.98
Robert BarrowOption12,12517.72
Brandi RobertsOption500,0007.26
Daniel KarlinOption81,2504.98
Daniel KarlinOption5,20817.72
05

Incentive-plan design — the Compensation Discussion & Analysis

The compensation philosophy is based on providing equitable and highly competitive compensation to attract, motivate, and retain top talent, directly linking short-term compensation to measurable corporate goals, and providing a highly competitive long-term incentive structure aligned with shareholder value.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantAon
Clawback policy
Anti-hedging
Anti-pledging
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Carol A. ValloneIndependent · Audit · Compensation$97,000$0$399,827$496,827
Andreas KrebsIndependent · Audit · Nominating and Corporate Governance85,0000399,827484,827
David GryskaIndependent · Audit (Chair)59,0000399,827458,827
Dr. Suzanne BruhnIndependent · Compensation (Chair) · Nominating and Corporate Governance58,0000399,827457,827
Dr. Roger CrystalIndependent · Compensation · Nominating and Corporate Governance (Chair)57,0000399,827456,827
Robert BarrowEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$356,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$356,000

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.

SLDB Solid Biosciences Inc.RLMD Relmada Therapeutics, Inc.CMPX Compass Pathways plcARVN Arvinas, Inc.ALEC Alector, Inc.KALV Kalvista Pharmaceuticals, Inc.ATAI AtaiBeckley Inc.PRAX Praxis Precision Medicines, Inc.NMRA Neumora Therapeutics, Inc.LCTX Lineage Cell Therapeutics, Inc.MGTX MeiraGTx Holdings plcLMRM Larimar Therapeutics, Inc.FLCX Fulcrum Therapeutics, Inc.AXON Annexon, Inc.STOK Stoke Therapeutics, Inc.AVXL Anavex Life Sciences CorpTRVI Trevi Therapeutics, Inc.LEON LeonaBio, Inc. (f/k/a Athira Pharma)HUMA Humacyte, Inc.
10a

Peer reciprocity

Of the companies Definium 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.

Solid Biosciences Inc. (SLDB) Relmada Therapeutics, Inc. (RLMD) Compass Pathways plc (CMPX) Arvinas, Inc. (ARVN)23 Alector, Inc. (ALEC)24 Kalvista Pharmaceuticals, Inc. (KALV) AtaiBeckley Inc. (ATAI) Praxis Precision Medicines, Inc. (PRAX) Neumora Therapeutics, Inc. (NMRA) Lineage Cell Therapeutics, Inc. (LCTX)25 MeiraGTx Holdings plc (MGTX) Larimar Therapeutics, Inc. (LMRM) Fulcrum Therapeutics, Inc. (FLCX) Annexon, Inc. (AXON)26 Stoke Therapeutics, Inc. (STOK) Anavex Life Sciences Corp (AVXL) Trevi Therapeutics, Inc. (TRVI) LeonaBio, Inc. (f/k/a Athira Pharma) (LEON) Humacyte, Inc. (HUMA)27

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 Definium 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
1Definium Therapeutics2025Robert Barrow$655,000$11,719,750$0$378,263$12,767,442
2Relmada Therapeutics, Inc.2025Sergio Traversa787,7874,951,3018,892,633
3Kalvista Pharmaceuticals, Inc.2024Benjamin Palleiko580,4415,486,659302,46806,772,197
4Arvinas, Inc.2025John Houston706,2362,685,8402,671,051457,0006,534,127
5Humacyte, Inc.2025Laura Niklason633,60604,332,72505,234,908
6Solid Biosciences Inc.2025Alexander Cumbo650,9882,318,2751,792,39705,223,442
7Neumora Therapeutics, Inc.2025Paul Berns700,00003,326,181504,0004,562,461
8AtaiBeckley Inc.2025Srinivas Rao629,20003,316,73704,420,555
9Anavex Life Sciences Corp2024Christopher Missling700,00001,927,60002,783,700
10Lineage Cell Therapeutics, Inc.2025Brian Culley691,8000882,970518,9002,111,170
11Alector, Inc.2025Arnon Rosenthal678,100422,876558,216325,4881,995,018
12Annexon, Inc.2025Patrick Smith31,20100040,001
Compass Pathways plcnot in coverage universe
Praxis Precision Medicines, Inc.not in coverage universe
MeiraGTx Holdings plcnot in coverage universe
Larimar Therapeutics, Inc.not in coverage universe
Fulcrum Therapeutics, Inc.not in coverage universe
Stoke Therapeutics, Inc.not in coverage universe
Trevi Therapeutics, Inc.not in coverage universe
LeonaBio, Inc. (f/k/a Athira Pharma)not in coverage universe

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
Definium Therapeuticsnot disclosednot disclosednot disclosedAon
Alector, Inc.80%not disclosednot disclosedPearl Meyer & Partners, LLC
Anavex Life Sciences Corp20%Options 100not disclosednot disclosed
Annexon, Inc.135.9%PSU 100NoSemler Brossy
Arvinas, Inc.108%Options 50 · RSU 50not disclosedAon (Aon's Human Capital Solutions practice, a division of Aon plc)
AtaiBeckley Inc.not disclosedOption 100not disclosednot disclosed
Compass Pathways plcnot disclosednot disclosednot disclosednot disclosed
Fulcrum Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed
Humacyte, Inc.80%not disclosednot disclosedAon plc
Kalvista Pharmaceuticals, Inc.not disclosednot disclosedNoAon
Larimar Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed
LeonaBio, Inc. (f/k/a Athira Pharma)not disclosednot disclosednot disclosednot disclosed
Lineage Cell Therapeutics, Inc.not disclosednot disclosednot disclosedAnderson
MeiraGTx Holdings plcnot disclosednot disclosednot disclosednot disclosed
Neumora Therapeutics, Inc.not disclosedOptions 100not disclosedAlpine Rewards, LLC
Praxis Precision Medicines, Inc.not disclosednot disclosednot disclosednot disclosed
Relmada Therapeutics, Inc.not disclosednot disclosednot disclosedAon Radford
Solid Biosciences Inc.100%not disclosedNoRadford (AON Hewitt)
Stoke Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed
Trevi Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed

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, Robert BarrowDEF 14A2026-04-270001193125-26-182034Section “Executive Compensation”. As printed: 12,767,442. Filing ↗machine: span 971469–971479
2Section 01, Brandi RobertsDEF 14A2026-04-270001193125-26-182034Section “Executive Compensation”. As printed: 5,116,362. Filing ↗machine: span 989351–989360
3Section 01, Daniel KarlinDEF 14A2026-04-270001193125-26-182034Section “Executive Compensation”. As printed: 4,001,258. Filing ↗machine: span 1004425–1004434
4Section 08, Carol A. ValloneDEF 14A2026-04-270001193125-26-182034Section “Director Compensation”. As printed: 496,827. Filing ↗machine: span 1324544–1324551
5Section 08, Andreas KrebsDEF 14A2026-04-270001193125-26-182034Section “Director Compensation”. As printed: 484,827. Filing ↗machine: span 1330544–1330551
6Section 08, David GryskaDEF 14A2026-04-270001193125-26-182034Section “Director Compensation”. As printed: 458,827. Filing ↗machine: span 1348650–1348657
7Section 08, Dr. Suzanne BruhnDEF 14A2026-04-270001193125-26-182034Section “Director Compensation”. As printed: 457,827. Filing ↗machine: span 1336548–1336555
8Section 08, Dr. Roger CrystalDEF 14A2026-04-270001193125-26-182034Section “Director Compensation”. As printed: 456,827. Filing ↗machine: span 1342552–1342559
9Section 08, Robert BarrowDEF 14A2026-04-270001193125-26-182034Section “Director Compensation”. As printed: 0. Filing ↗
10Section 09b board cost (computed)ComputedcomputedCash 356,000 + equity 0 + all other 0 = 356,000, summed across the director compensation table rows.machine: formula: Σ = 356,000
11Definium Therapeutics (subject), Section 10b CEO totalDEF 14A2026-04-270001193125-26-182034CEO total compensation as printed in Definium Therapeutics's own proxy. As printed: 12,767,442. Filing ↗machine: span 971469–971479
12Relmada Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-170001213900-26-045192CEO total compensation as printed in Relmada Therapeutics, Inc.'s own proxy. As printed: 8,892,633. Filing ↗
13Kalvista Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2025-08-210001193125-25-185353CEO total compensation as printed in Kalvista Pharmaceuticals, Inc.'s own proxy. As printed: 6,772,197. Filing ↗machine: span 291290–291299
14Arvinas, Inc., Section 10b CEO totalDEF 14A2026-04-290001628280-26-028156CEO total compensation as printed in Arvinas, Inc.'s own proxy. As printed: 6,534,127. Filing ↗machine: t20 · r3 · c22 · span 471921–471930
15Humacyte, Inc., Section 10b CEO totalDEF 14A2026-04-280001193125-26-187449CEO total compensation as printed in Humacyte, Inc.'s own proxy. As printed: 5,234,908. Filing ↗machine: span 346967–346976
16Solid Biosciences Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-173642CEO total compensation as printed in Solid Biosciences Inc.'s own proxy. As printed: 5,223,442. Filing ↗machine: r2 · c25 · span 472915–472924
17Neumora Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-170001193125-26-161489CEO total compensation as printed in Neumora Therapeutics, Inc.'s own proxy. As printed: 4,562,461. Filing ↗machine: r2 · c29 · span 444810–444819
18AtaiBeckley Inc., Section 10b CEO totalDEF 14A2026-04-220001140361-26-016161CEO total compensation as printed in AtaiBeckley Inc.'s own proxy. As printed: 4,420,555. Filing ↗machine: r2 · c18 · span 460146–460155
19Anavex Life Sciences Corp, Section 10b CEO totalDEF 14A2025-04-250001731122-25-000607CEO total compensation as printed in Anavex Life Sciences Corp's own proxy. As printed: 2,783,700. Filing ↗machine: r1 · c23 · span 229348–229357
20Lineage Cell Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-290001193125-26-191556CEO total compensation as printed in Lineage Cell Therapeutics, Inc.'s own proxy. As printed: 2,111,170. Filing ↗machine: span 377951–377960
21Alector, Inc., Section 10b CEO totalDEF 14A2026-04-280001193125-26-186928CEO total compensation as printed in Alector, Inc.'s own proxy. As printed: 1,995,018. Filing ↗machine: span 1038665–1038674
22Annexon, Inc., Section 10b CEO totalDEF 14A2026-04-160001628280-26-025521CEO total compensation as printed in Annexon, Inc.'s own proxy. As printed: 40,001. Filing ↗machine: t53 · r2 · c14 · span 1677190–1677196
23Section 10a, Arvinas, Inc. reciprocityDEF 14A0001628280-26-028156Arvinas, Inc.'s most recent proxy was read; its disclosed peer group does not include Definium Therapeutics. Filing ↗
24Section 10a, Alector, Inc. reciprocityDEF 14A0001193125-26-186928Alector, Inc.'s most recent proxy was read; its disclosed peer group does not include Definium Therapeutics. Filing ↗
25Section 10a, Lineage Cell Therapeutics, Inc. reciprocityDEF 14A0001193125-26-191556Lineage Cell Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Definium Therapeutics. Filing ↗
26Section 10a, Annexon, Inc. reciprocityDEF 14A0001628280-26-025521Annexon, Inc.'s most recent proxy was read; its disclosed peer group does not include Definium Therapeutics. Filing ↗
27Section 10a, Humacyte, Inc. reciprocityDEF 14A0001193125-26-187449Humacyte, Inc.'s most recent proxy was read; its disclosed peer group does not include Definium Therapeutics. Filing ↗