CEO Robert Ragusa was paid $8,094,440 in fiscal year 2025, ↑ up 6.4% from fiscal year 2024 (SEC filing 0001628280-26-027946 ↗): 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.
$8,094,440 ↑ Robert Ragusa total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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GRAL's next annual pay disclosure, estimated April 28, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Robert Ragusa | $785,000 | — | $6,478,041 | — | $778,092 | — | $53,307 | $8,094,440 |
| Chief Executive Officer | ||||||||
| Joshua Ofman | 655,000 | — | 3,194,607 | — | 376,557 | — | 92,428 | 4,318,592 |
| President | ||||||||
| Aaron Freidin | 560,000 | 250,000 | 1,996,593 | — | 321,942 | — | 3,000 | 3,131,535 |
| Chief Financial 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Robert Ragusa | $8,094,440 | $7,608,907 | — | ↑ +485,533 |
| Joshua Ofman | 4,318,592 | 5,806,255 | — | ↓ −1,487,663 |
| Aaron Freidin | 3,131,535 | 3,692,821 | — | ↓ −561,286 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses GRAL 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 GRAL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Gregory Summe | Chair of the Board | $377,470 |
| Sarah Krevans | Independent Director | $322,470 |
| Steven Mizell | Independent Director | $329,970 |
| William Chase | Independent Director | $332,470 |
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Joshua Ofman | Director | 2026-06-01 | A | 27,901 | $64 | $1,796,824 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-06-03 | A | 3,154 | 61 | 192,804 | Common | Form 4 ↗ |
| Andrew John Partridge | Chief Growth Officer | 2026-06-04 | D | 1,491 | 61 | 91,070 | Common | Form 4 ↗ |
| Sarah Krevans | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| Steven Mizell | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| Gregory Summe | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| William Chase | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| Steven Mizell | Director | 2026-07-15 | A | 268 | 74 | 19,928 | Common | Form 4 ↗ |
| Gregory Summe | Director | 2026-07-15 | A | 427 | 74 | 31,752 | Common | Form 4 ↗ |
| William Chase | Director | 2026-07-15 | A | 276 | 74 | 20,523 | Common | Form 4 ↗ |
| Aaron Freidin | Chief Financial Officer | 2026-08-27 | D | 7,900 | 85 | 671,579 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-08-27 | D | 5,000 | 85 | 425,098 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 26,452 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 421 | 100 | 42,037 | Common | Form 4 ↗ |
| Aaron Freidin | Chief Financial Officer | 2026-09-21 | D | 521 | 95 | 49,495 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 10,000 | 110 | 1,100,000 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 1,400 | 98 | 136,978 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 6,200 | 96 | 597,871 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 1,454 | 94 | 136,103 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 2,125 | 92 | 196,170 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | A | 26,452 | 14 | 370,328 | Common | Form 4 ↗ |
| Aaron Freidin | Chief Financial Officer | 2026-09-21 | D | 1,800 | 94 | 169,048 | Common | Form 4 ↗ |
| Aaron Freidin | Chief Financial Officer | 2026-09-21 | D | 1,779 | 92 | 164,136 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 2,100 | 101 | 211,429 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-09-21 | D | 37,752 | 95 | 3,585,791 | Common | Form 4 ↗ |
| Andrew John Partridge | Chief Growth Officer | 2026-10-05 | D | 7,873 | 146 | 1,152,528 | Common | Form 4 ↗ |
| Aaron Freidin | Chief Financial Officer | 2026-10-05 | D | 23,619 | 146 | 3,457,585 | Common | Form 4 ↗ |
| Gregory Summe | Director | 2026-10-15 | A | 237 | 135 | 32,104 | Common | Form 4 ↗ |
| William Chase | Director | 2026-10-15 | A | 153 | 135 | 20,725 | Common | Form 4 ↗ |
| Steven Mizell | Director | 2026-10-15 | A | 148 | 135 | 20,048 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-10-15 | D | 2,114 | 139 | 293,394 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-10-15 | D | 6,034 | 138 | 830,465 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-10-15 | D | 7,052 | 137 | 964,946 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-10-15 | D | 3,400 | 135 | 460,508 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-10-15 | D | 1,000 | 134 | 134,384 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-10-15 | D | 400 | 133 | 53,247 | Common | Form 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.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Joshua Ofman | RSU | 1,329 | — | $113,749 |
| Robert Ragusa | RSU | 224,620 | — | 19,225,226 |
| Robert Ragusa | RSU | 214,240 | — | 18,336,802 |
| Joshua Ofman | RSU | 110,770 | — | 9,480,804 |
| Joshua Ofman | RSU | 106,970 | — | 9,155,562 |
| Aaron Freidin | RSU | 79,460 | — | 6,800,981 |
| Aaron Freidin | RSU | 69,230 | — | 5,925,396 |
| Robert Ragusa | RSU | 45,840 | — | 3,923,446 |
| Aaron Freidin | RSU | 45,840 | — | 3,923,446 |
| Robert Ragusa | RSU | 28,012 | — | 2,397,547 |
| Joshua Ofman | RSU | 11,005 | — | 941,918 |
| Aaron Freidin | RSU | 9,338 | — | 799,239 |
| Robert Ragusa | RSU | 1,891 | — | 161,851 |
| Aaron Freidin | RSU | 1,261 | — | 107,929 |
| Joshua Ofman | Option | 40,559 | 14 | — |
The Company's compensation philosophy is to attract, retain, and motivate highly talented executives by providing competitive total compensation packages that align executive interests with those of stockholders.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia, Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-18 | — | — | — | — | — |
| 2025 | 2025-05-29 | — | — | — | — | — |
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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-18 | —a |
| 2025 | 2025-05-29 | —b |
a. Voting standard not stated in the filing.
b. 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.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Gregory SummeIndependent · Board Chair · Audit · Compensation · Nominating and Corporate Governance (Chair) | $127,500 | $249,970 | $0 | — | $0 | $377,470 |
| William ChaseIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance | 82,500 | 249,970 | 0 | — | 0 | 332,470 |
| Steven MizellIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance | 80,000 | 249,970 | 0 | — | 0 | 329,970 |
| Sarah KrevansIndependent · Audit · Compensation · Nominating and Corporate Governance | 72,500 | 249,970 | 0 | — | 0 | 322,470 |
| Joshua OfmanEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Robert RagusaEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $250,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $362,500 |
| Equity awards (grant-date value) | $999,880 |
| All other compensation | $0 |
| Total cost of the board | $1,362,380 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Grail | 2025 | Robert Ragusa | $785,000 | $6,478,041 | — | $778,092 | $8,094,440 |
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.
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Robert Ragusa | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “2025 SUMMARY COMPENSATION TABLE” · page 24. As printed: 8,094,440. Filing ↗machine: r4 · c21 · span 277622–277631 |
| 2 | Section 01, Joshua Ofman | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “2025 SUMMARY COMPENSATION TABLE” · page 24. As printed: 4,318,592. Filing ↗machine: r12 · c21 · span 289509–289518 |
| 3 | Section 01, Aaron Freidin | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “2025 SUMMARY COMPENSATION TABLE” · page 24. As printed: 3,131,535. Filing ↗machine: r8 · c21 · span 283616–283625 |
| 4 | Section 07, pay ratio | 10-K | 2026-03-12 | 0001628280-26-017319 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 5 | Section 08, Gregory Summe | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 377,470. Filing ↗machine: span 235119–235391 |
| 6 | Section 08, William Chase | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 332,470. Filing ↗machine: span 238008–238249 |
| 7 | Section 08, Steven Mizell | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 329,970. Filing ↗machine: span 240835–241076 |
| 8 | Section 08, Sarah Krevans | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 322,470. Filing ↗machine: span 243976–244249 |
| 9 | Section 08, Joshua Ofman | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 10 | Section 08, Robert Ragusa | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 02, Joshua Ofman 2026-06-01 | Form 4 | 2026-06-03 | 0001628280-26-040590 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 12 | Section 02, Joshua Ofman 2026-06-03 | Form 4 | 2026-06-03 | 0001628280-26-040590 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 13 | Section 02, Andrew John Partridge 2026-06-04 | Form 4 | 2026-06-05 | 0001628280-26-041356 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 14 | Section 02, Sarah Krevans 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044733 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Steven Mizell 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044735 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, Gregory Summe 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044734 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, William Chase 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044736 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Steven Mizell 2026-07-15 | Form 4 | 2026-07-16 | 0001628280-26-048486 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Gregory Summe 2026-07-15 | Form 4 | 2026-07-16 | 0001628280-26-048487 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, William Chase 2026-07-15 | Form 4 | 2026-07-16 | 0001628280-26-048488 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Aaron Freidin 2026-08-27 | Form 4 | 2026-08-31 | 0001628280-26-059681 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Joshua Ofman 2026-08-27 | Form 4 | 2026-08-31 | 0001628280-26-059682 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Aaron Freidin 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063234 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Aaron Freidin 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063234 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Aaron Freidin 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063234 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Joshua Ofman 2026-09-21 | Form 4 | 2026-09-23 | 0001628280-26-063233 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Andrew John Partridge 2026-10-05 | Form 4 | 2026-10-07 | 0001628280-26-065365 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Aaron Freidin 2026-10-05 | Form 4 | 2026-10-07 | 0001628280-26-065364 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Gregory Summe 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066150 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, William Chase 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066149 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Steven Mizell 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066147 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Joshua Ofman 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, Joshua Ofman 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Joshua Ofman 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 02, Joshua Ofman 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 45 | Section 02, Joshua Ofman 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 46 | Section 02, Joshua Ofman 2026-10-15 | Form 4 | 2026-10-16 | 0001628280-26-066148 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 47 | Section 06, 2026 vote | Form 8-K | 2026-06-22 | 0001628280-26-044693 | Item 5.07 · say-on-pay result. As reported: —. Filing ↗ |
| 48 | Section 06, 2025 vote | Form 8-K | 2025-05-30 | 0001699031-25-000122 | Item 5.07 · say-on-pay result. As reported: —. Filing ↗ |
| 49 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 50 | Section 09b board cost (computed) | Computed | — | — | Cash 362,500 + equity 999,880 + all other 0 = 1,362,380, summed across the director compensation table rows.machine: formula: Σ = 1,362,380 |
| 51 | Grail (subject), Section 10b CEO total | DEF 14A | 2026-04-28 | 0001628280-26-027946 | CEO total compensation as printed in Grail's own proxy. As printed: 8,094,440. Filing ↗machine: r4 · c21 · span 277622–277631 |
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