Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-07-17

Elicio Therapeutics, Inc. (ELTX)

Fiscal year 2024 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.

$2,036,441
Robert Connelly total, FY2024
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ELTX
No companies currently name ELTX 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 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Robert Connelly$608,400$0$0$1,093,421$334,620$0$0$2,036,441
President, Chief Executive Officer, and Director
Christopher Haqq507,80700205,365213,28000926,452
Executive Vice President, Head of Research and Development and Chief Medical Officer
Peter DeMuth460,00000218,071188,60000866,671
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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Robert Connelly$2,036,441$678,300+1,358,141
Christopher Haqq926,452673,821+252,631
Peter DeMuth866,671502,636+364,035

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

Every insider equity transaction reported on Form 4 after the 2024 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Preetam ShahSee Remarks2025-04-15A191,624$0$0Derivative, Class A CommonForm 4 ↗
Allen NissensonDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Julian AdamsDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Robert R. RuffoloDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Karen J. WilsonDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Yekaterina (Katie) ChudnovskyDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Jay VenkatesanDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Carol AsheDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Yekaterina (Katie) ChudnovskyDirector2025-06-03A103,22500Derivative, Class A CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2025-12-09A36241,596CommonForm 4 ↗
Dividend-equivalent accruals2025-12-093621 insider, 1 accrual row
Preetam ShahSee Remarks2026-02-02A24,00000CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2026-02-02A41,60000Derivative, Class A CommonForm 4 ↗
Christopher HaqqSee Remarks2026-02-02A50,90000Derivative, Class A CommonForm 4 ↗
Robert ConnellyDirector2026-02-02A73,60000CommonForm 4 ↗
Preetam ShahSee Remarks2026-02-02A47,90000Derivative, Class A CommonForm 4 ↗
Robert ConnellyDirector2026-02-02A147,20000Derivative, Class A CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2026-02-02A20,80000CommonForm 4 ↗
Christopher HaqqSee Remarks2026-02-02A25,40000CommonForm 4 ↗
Preetam ShahSee Remarks2026-07-16A60,83300Derivative, Class A CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2026-07-16A52,83200Derivative, Class A CommonForm 4 ↗
Christopher HaqqSee Remarks2026-07-16A64,64300Derivative, Class A CommonForm 4 ↗
Robert ConnellyDirector2026-07-16A186,94400Derivative, Class A CommonForm 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.

View all 23 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Preetam ShahSee Remarks2025-04-15A191,624$0$0Derivative, Class A CommonForm 4 ↗
Allen NissensonDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Julian AdamsDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Robert R. RuffoloDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Karen J. WilsonDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Yekaterina (Katie) ChudnovskyDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Jay VenkatesanDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Carol AsheDirector2025-05-19A7,90000Derivative, Class A CommonForm 4 ↗
Yekaterina (Katie) ChudnovskyDirector2025-06-03A103,22500Derivative, Class A CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2025-12-09A36241,596CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2025-12-09D36200Derivative, Class A CommonForm 4 ↗
Preetam ShahSee Remarks2026-02-02A24,00000CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2026-02-02A41,60000Derivative, Class A CommonForm 4 ↗
Christopher HaqqSee Remarks2026-02-02A50,90000Derivative, Class A CommonForm 4 ↗
Robert ConnellyDirector2026-02-02A73,60000CommonForm 4 ↗
Preetam ShahSee Remarks2026-02-02A47,90000Derivative, Class A CommonForm 4 ↗
Robert ConnellyDirector2026-02-02A147,20000Derivative, Class A CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2026-02-02A20,80000CommonForm 4 ↗
Christopher HaqqSee Remarks2026-02-02A25,40000CommonForm 4 ↗
Preetam ShahSee Remarks2026-07-16A60,83300Derivative, Class A CommonForm 4 ↗
Peter DeMuthChief Scientific Officer2026-07-16A52,83200Derivative, Class A CommonForm 4 ↗
Christopher HaqqSee Remarks2026-07-16A64,64300Derivative, Class A CommonForm 4 ↗
Robert ConnellyDirector2026-07-16A186,94400Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Robert ConnellyOPTION2024-09-0191,600
Robert ConnellyOPTION2024-02-01225,137
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Robert ConnellyOption91,6005.03
Robert ConnellyOption36,9753.86
Christopher HaqqOption2,82613.81
Peter DeMuthOption29,8004.5
Christopher HaqqOption28,2004.5
Peter DeMuthOption29,8005.03
Robert ConnellyOption225,1374.5
Christopher HaqqOption30,5163.86
Peter DeMuthOption18,5573.86
Christopher HaqqOption28,2005.03
Peter DeMuthOption4,52313.81
05

Incentive-plan design — the Compensation Discussion & Analysis

Elicio seeks to ensure total compensation paid to executive officers is reasonable and competitive, structured around the achievement of individual performance and near-term corporate targets as well as long-term business objectives.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantAon plc
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Julian Adams, Ph.DIndependent · Board Chair · Nominating/Governance (Chair)$87,375$0$17,148$0$104,523
Carol AsheIndependent · Audit · Compensation (Chair) · Nominating/Governance62,500017,148079,648
Karen J. WilsonIndependent · Audit (Chair) · Nominating/Governance60,000017,148077,148
Allen R. Nissenson, M.DIndependent · Audit · Compensation48,125017,148065,273
Robert R. Ruffolo, Jr., Ph.D., FCPPIndependent · Compensation45,000017,1480062,148
Robert R. Ruffolo Jr., Ph.D., FCPPIndependent · Compensation45,000017,148062,148
Yekaterina (Katie) ChudnovskyNot independent43,569017,148060,717
Jay R. Venkatesan, M.DNot independent40,000017,148057,148
Robert ConnellyEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$17,148
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 8,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$431,569
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$431,569

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
1Elicio Therapeutics, Inc.2024Robert Connelly$608,400$0$1,093,421$334,620$2,036,441

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, Robert ConnellyDEF 14A2025-04-090001601485-25-000062Section “2024 Summary Compensation Table” · page 24. As printed: 2,036,441. Filing ↗machine: t15 · r2 · c19 · span 308881–308890
2Section 01, Christopher HaqqDEF 14A2025-04-090001601485-25-000062Section “2024 Summary Compensation Table” · page 24. As printed: 926,452. Filing ↗machine: t15 · r5 · c19 · span 315665–315672
3Section 01, Peter DeMuthDEF 14A2025-04-090001601485-25-000062Section “2024 Summary Compensation Table” · page 24. As printed: 866,671. Filing ↗machine: t15 · r8 · c19 · span 321947–321954
4Section 03, Robert Connelly OPTIONDEF 14A2025-04-090001601485-25-000062Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 333958–333964
5Section 03, Robert Connelly OPTIONDEF 14A2025-04-090001601485-25-000062Section “TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: span 333452–333459
6Section 08, Julian Adams, Ph.DDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 104,523. Filing ↗machine: t17 · r2 · c8 · span 439815–439822
7Section 08, Carol AsheDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 79,648. Filing ↗machine: t17 · r3 · c8 · span 441530–441536
8Section 08, Karen J. WilsonDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 77,148. Filing ↗machine: r7 · c8 · span 448321–448327
9Section 08, Allen R. Nissenson, M.DDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 65,273. Filing ↗machine: r4 · c8 · span 443226–443232
10Section 08, Robert R. Ruffolo, Jr., Ph.D., FCPPDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 62,148. Filing ↗
11Section 08, Robert R. Ruffolo Jr., Ph.D., FCPPDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 62,148. Filing ↗
12Section 08, Yekaterina (Katie) ChudnovskyDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 60,717. Filing ↗machine: t17 · r5 · c8 · span 444930–444936
13Section 08, Jay R. Venkatesan, M.DDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 57,148. Filing ↗machine: r8 · c8 · span 450016–450022
14Section 08, Robert ConnellyDEF 14A2025-04-090001601485-25-000062Section “Director Compensation”. As printed: 0. Filing ↗
15Section 02, Preetam Shah 2025-04-15Form 42025-04-160001601485-25-000065Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Allen Nissenson 2025-05-19Form 42025-05-200001601485-25-000089Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Julian Adams 2025-05-19Form 42025-05-200001601485-25-000087Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Robert R. Ruffolo 2025-05-19Form 42025-05-200001601485-25-000085Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Karen J. Wilson 2025-05-19Form 42025-05-200001601485-25-000086Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Yekaterina (Katie) Chudnovsky 2025-05-19Form 42025-05-200001601485-25-000084Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Jay Venkatesan 2025-05-19Form 42025-05-200001601485-25-000088Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Carol Ashe 2025-05-19Form 42025-05-200001601485-25-000090Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Yekaterina (Katie) Chudnovsky 2025-06-03Form 42025-06-040000950170-25-081741Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Peter DeMuth 2025-12-09Form 42025-12-100001601485-25-000130Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Peter DeMuth 2025-12-09Form 42025-12-100001601485-25-000130Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Preetam Shah 2026-02-02Form 42026-02-030001601485-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Peter DeMuth 2026-02-02Form 42026-02-030001601485-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Christopher Haqq 2026-02-02Form 42026-02-030001601485-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Robert Connelly 2026-02-02Form 42026-02-030001601485-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Preetam Shah 2026-02-02Form 42026-02-030001601485-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Robert Connelly 2026-02-02Form 42026-02-030001601485-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Peter DeMuth 2026-02-02Form 42026-02-030001601485-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Christopher Haqq 2026-02-02Form 42026-02-030001601485-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Preetam Shah 2026-07-16Form 42026-07-170001787403-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Peter DeMuth 2026-07-16Form 42026-07-170001979163-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Christopher Haqq 2026-07-16Form 42026-07-170001612095-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Robert Connelly 2026-07-16Form 42026-07-170001796436-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
38Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
39Section 09b board cost (computed)ComputedcomputedCash 431,569 + equity 0 + all other 0 = 431,569, summed across the director compensation table rows.machine: formula: Σ = 431,569
40Elicio Therapeutics, Inc. (subject), Section 10b CEO totalDEF 14A2025-04-090001601485-25-000062CEO total compensation as printed in Elicio Therapeutics, Inc.'s own proxy. As printed: 2,036,441. Filing ↗machine: t15 · r2 · c19 · span 308881–308890