Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-12

Erasca (ERAS)

CEO Jonathan Lim was paid $4,298,838 in fiscal year 2025, ↑ up 10.4% from fiscal year 2024 (SEC filing 0001193125-26-187361 ↗): 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
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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ERAS's next annual pay disclosure, estimated April 27, 2027.est. Filing ↗

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 FY2024→2025
Jonathan Lim$4,298,838$3,894,032$5,407,446↑ +404,806
David Chacko1,778,4961,884,5062,433,990↓ −106,010
Shannon Morris1,750,8981,587,510—↑ +163,388

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against ERAS
9 companies name ERAS as a compensation peer

The list of companies that name ERAS as a peer is temporarily unavailable — recheck shortly.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alexander W. CasdinIndependent Director$176,908
James A. Bristol, Ph.DLead Independent Director$208,908
Jean I. Liu, J.DIndependent Director$169,408
Julie Hambleton, M.DIndependent Director$175,408
Michael D. Varney, Ph.DDirector$215,089
Pratik S. Multani, M.DIndependent Director$166,908
Valerie Harding-Start, Ph.DIndependent Director$177,908
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
James Arthur BristolDirector2026-06-26A29,888$0$0Derivative, Class A CommonForm 4 ↗
Julie HambletonDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Alexander W. CasdinDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Pratik S. MultaniDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Jean I. LiuDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Start Valerie Denise HardingDirector2026-06-26A29,88800Derivative, Class A CommonForm 4 ↗
Charles S. FuchsPresident, R&D2026-08-10A1,300,00000Derivative, 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 LimOPTION—————3,135,250
David ChackoOPTION—————1,003,280
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
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-26—————
20252025-06-24—————
20242024-06-20—————
20232023-06-22—————
20222022-06-22—————

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
20262026-06-26—a
20252025-06-24—b
20242024-06-20—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.

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/Governance87,0000121,9080—208,908
Valerie Harding-Start, Ph.DIndependent · Compensation · Nominating/Governance (Chair)56,0000121,9080—177,908
Alexander W. CasdinIndependent · Audit (Chair)55,0000121,9080—176,908
Julie Hambleton, M.DIndependent · Audit · Compensation53,5000121,9080—175,408
Jean I. Liu, J.DIndependent · Audit47,5000121,9080—169,408
Pratik S. Multani, M.DIndependent · Nominating/Governance45,0000121,9080—166,908
Jonathan E. Lim, M.DEmployee director · Board Chair000—00
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.

10d

Frequently asked questions

Who was the highest-paid executive at Erasca in fiscal 2025?
As disclosed, Jonathan Lim (Chairman, Chief Executive Officer, and Co-Founder) was the highest-paid executive at Erasca in fiscal 2025, with total compensation of $4,298,838.
How much does Erasca spend in total on board compensation for fiscal 2025?
As disclosed, Erasca reported total board compensation of $437,181 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, 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, James Arthur Bristol 2026-06-26Form 42026-06-290001193125-26-288902Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Julie Hambleton 2026-06-26Form 42026-06-290001193125-26-288903Insider 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, Pratik S. Multani 2026-06-26Form 42026-06-290001193125-26-288906Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Jean I. Liu 2026-06-26Form 42026-06-290001193125-26-288908Insider 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 02, Charles S. Fuchs 2026-08-10Form 42026-08-120001193125-26-346924Insider equity transaction reported since the proxy statement. Filing ↗
23Section 06, 2026 voteForm 8-K2026-07-010001193125-26-290881Item 5.07 · say-on-pay result. As reported: —. Filing ↗
24Section 06, 2025 voteForm 8-K2025-06-260000950170-25-090493Item 5.07 · say-on-pay result. As reported: —. Filing ↗
25Section 06, 2024 voteForm 8-K2024-06-240000950170-24-076476Item 5.07 · say-on-pay result. As reported: —. Filing ↗
26Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
27Section 03b vehicle mix (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
28Section 09b board cost (computed)Computed——Cash 344,000 + equity 0 + all other 93,181 = 437,181, summed across the director compensation table rows.machine: formula: Σ = 437,181
29Erasca (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

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