Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-29

Erasca (ERAS)

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.

$4,298,838
Jonathan Lim total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ERAS
8 companies name ERAS as a compensation peer

Each company listed discloses ERAS 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 ERAS 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
Jonathan Lim$670,400$0$0$3,135,250$482,688$0$10,500$4,298,838
Chairman, Chief Executive Officer, and Co-Founder
David Chacko516,700001,003,280248,016010,5001,778,496
Chief Financial Officer and Chief Business Officer
Shannon Morris515,00000978,198247,200010,5001,750,898
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
Jonathan Lim$4,298,838
David Chacko1,778,496
Shannon Morris1,750,898

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 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jean I. LiuDirector2026-06-26A29,888$0$0Derivative, Class A CommonForm 4 ↗
Pratik S. MultaniDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Alexander W. CasdinDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Julie HambletonDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
James Arthur BristolDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Start Valerie Denise HardingDirector2026-06-26A29,88800Derivative, 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Shannon MorrisOPTION$978,198
Jonathan LimOPTION3,135,250
David ChackoOPTION1,003,280
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Shannon Morris$0$0$978,1980.0%
Jonathan Lim003,135,2500.0%
David Chacko001,003,2800.0%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Shannon MorrisOption617,5001.76
Jonathan LimOption32,95911.54
Shannon MorrisOption290,2251.7
David ChackoOption325,0001.7
David ChackoOption633,3341.76
David ChackoOption175,0004
Jonathan LimOption395,4752.03
Jonathan LimOption812,5001.7
David ChackoOption174,2582.03
Shannon MorrisOption46,9004
Shannon MorrisOption31,2507.91
David ChackoOption15,25611.54
Jonathan LimOption1,979,1671.76
Shannon MorrisOption85,7142.03
Jonathan LimOption437,5004
Shannon MorrisOption125,0002.74
05

Incentive-plan design — the Compensation Discussion & Analysis

Base salaries for our NEOs have generally been set at levels deemed necessary to attract and retain individuals with superior talent.

CEO STI target (% of salary)60%
CEO LTI target (% of salary)
Independent consultantAlpine Rewards, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael D. Varney, Ph.DEmployee director$0$121,908$93,181$215,089
James A. Bristol, Ph.DIndependent · Lead Independent Director · Compensation (Chair) · Nominating/Governance87,0000121,9080208,908
Valerie Harding-Start, Ph.DIndependent · Compensation · Nominating/Governance (Chair)56,0000121,9080177,908
Alexander W. CasdinIndependent · Audit (Chair)55,0000121,9080176,908
Julie Hambleton, M.DIndependent · Audit · Compensation53,5000121,9080175,408
Jean I. Liu, J.DIndependent · Audit47,5000121,9080169,408
Pratik S. Multani, M.DIndependent · Nominating/Governance45,0000121,9080166,908
Jonathan E. Lim, M.DEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$121,908
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 12,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$344,000
Equity awards (grant-date value)$0
All other compensation$93,181
Total cost of the board$437,181

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
1Erasca2025Jonathan Lim$670,400$0$3,135,250$482,688$4,298,838

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, Jonathan LimDEF 14A2026-04-280001193125-26-187361Section “Summary compensation table”. As printed: 4,298,838. Filing ↗machine: r2 · c31 · span 221524–221533
2Section 01, David ChackoDEF 14A2026-04-280001193125-26-187361Section “Summary compensation table”. As printed: 1,778,496. Filing ↗machine: r4 · c31 · span 226213–226222
3Section 01, Shannon MorrisDEF 14A2026-04-280001193125-26-187361Section “Summary compensation table”. As printed: 1,750,898. Filing ↗machine: r6 · c31 · span 230870–230879
4Section 03, Shannon Morris OPTIONDEF 14A2026-04-280001193125-26-187361Section “EXECUTIVE AND DIRECTOR COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t65 · r6 · c19 · span 230121–230128
5Section 03, Jonathan Lim OPTIONDEF 14A2026-04-280001193125-26-187361Section “EXECUTIVE AND DIRECTOR COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t65 · r2 · c19 · span 220773–220782
6Section 03, David Chacko OPTIONDEF 14A2026-04-280001193125-26-187361Section “EXECUTIVE AND DIRECTOR COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t65 · r4 · c19 · span 225462–225471
7Section 07, pay ratio10-K2026-03-120001193125-26-104150Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Michael D. Varney, Ph.DDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 215,089. Filing ↗machine: t90 · r8 · c15 · span 333778–333785
9Section 08, James A. Bristol, Ph.DDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 208,908. Filing ↗machine: t90 · r2 · c15 · span 325597–325604
10Section 08, Valerie Harding-Start, Ph.DDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 177,908. Filing ↗machine: t90 · r5 · c15 · span 329677–329684
11Section 08, Alexander W. CasdinDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 176,908. Filing ↗machine: t90 · r3 · c15 · span 326945–326952
12Section 08, Julie Hambleton, M.DDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 175,408. Filing ↗machine: t90 · r4 · c15 · span 328320–328327
13Section 08, Jean I. Liu, J.DDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 169,408. Filing ↗machine: t90 · r6 · c15 · span 331048–331055
14Section 08, Pratik S. Multani, M.DDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 166,908. Filing ↗machine: t90 · r7 · c15 · span 332400–332407
15Section 08, Jonathan E. Lim, M.DDEF 14A2026-04-280001193125-26-187361Section “Director Compensation”. As printed: 0. Filing ↗
16Section 02, Jean I. Liu 2026-06-26Form 42026-06-290001193125-26-288908Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Pratik S. Multani 2026-06-26Form 42026-06-290001193125-26-288906Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Alexander W. Casdin 2026-06-26Form 42026-06-290001193125-26-288905Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Julie Hambleton 2026-06-26Form 42026-06-290001193125-26-288903Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, James Arthur Bristol 2026-06-26Form 42026-06-290001193125-26-288902Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Start Valerie Denise Harding 2026-06-26Form 42026-06-290001193125-26-288910Insider equity transaction reported since the proxy statement. Filing ↗
22Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
23Section 09b board cost (computed)ComputedcomputedCash 344,000 + equity 0 + all other 93,181 = 437,181, summed across the director compensation table rows.machine: formula: Σ = 437,181
24Erasca (subject), Section 10b CEO totalDEF 14A2026-04-280001193125-26-187361CEO total compensation as printed in Erasca's own proxy. As printed: 4,298,838. Filing ↗machine: r2 · c31 · span 221524–221533