Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-15

Indivior Pharmaceuticals (INDV)

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.

$18,501,214
Joe Ciaffoni total, FY2025
84th
CEO pay percentile vs peers
CEO-to-median pay ratio
98.55%
Say-on-pay support, latest vote
Companies that benchmark against INDV
No companies currently name INDV 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
Joe Ciaffoni$680,114$0$15,319,404$0$2,100,000$0$401,696$18,501,214
Chief Executive Officer
Pat Barry408,333300,0003,247,3750840,0000110,0364,905,744
Chief Commercial Officer
Christian Heidbreder652,62802,689,6760783,154057,0904,182,548
Chief Scientific Officer
Richard Simkin325,00802,968,6610448,7780274,8694,017,316
Former Chief Commercial Officer
Ryan Preblick558,82002,303,0670670,584059,9223,592,393
Chief Financial Officer
Jeff Burris569,00102,337,8610569,000045,3533,521,215
Chief Legal Officer
Mark Crossley902,2610162,51802,054,522066,2903,185,591
Former Chief Executive 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
Joe Ciaffoni$18,501,214
Pat Barry4,905,744
Christian Heidbreder4,182,5482,506,9972,852,128+1,675,551
Richard Simkin4,017,3163,185,4603,616,813+831,856
Ryan Preblick3,592,3932,281,5642,397,132+1,310,829
Jeff Burris3,521,2151,969,7762,202,090+1,551,439
Mark Crossley3,185,5913,853,5184,391,241−667,927

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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Pat BarryRSU2025-06-02130,312
Pat BarryPSU2025-06-0265,156130,312260,6241,623,688
Jeff BurrisPSU2025-03-0783,701167,401334,8021,451,367
Jeff BurrisPSU2025-09-3073,406
Jeff BurrisRSU2025-03-0771,743695,907
Jeff BurrisPSU2025-09-30117,181
Joe CiaffoniRSU2025-05-13422,3024,687,552
Joe CiaffoniPSU2025-05-13380,072380,0721,266,90310,631,851
Mark CrossleyPSU2025-09-3071,768
Mark CrossleyRSU2025-03-149,37590,750
Christian HeidbrederPSU2025-09-30134,403
Christian HeidbrederRSU2025-03-0782,287798,184
Christian HeidbrederPSU2025-03-0796,002192,004384,0081,664,675
Christian HeidbrederPSU2025-09-3092,415
Ryan PreblickPSU2025-03-071,425,400
Ryan PreblickRSU2025-03-0770,459683,452
Ryan PreblickPSU2025-09-3082,203164,406328,812115,084
Ryan PreblickPSU2025-09-3079,131
Richard SimkinPSU2025-03-07114,741229,482458,9641,989,609
Richard SimkinPSU2025-09-3025,595
Richard SimkinPSU2025-09-302,462
Richard SimkinRSU2025-03-0798,350953,995
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Pat Barry$0$1,623,688$0100.0%
Jeff Burris695,9071,641,954070.2%
Joe Ciaffoni4,687,55210,631,851069.4%
Mark Crossley90,75071,768044.2%
Christian Heidbreder798,1841,891,493070.3%
Ryan Preblick683,4521,619,615070.3%
Richard Simkin953,9952,017,666067.9%

% 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
Joe CiaffoniPSU1,266,903$45,456,480
Joe CiaffoniRSU422,30215,152,196
Christian HeidbrederPSU192,0046,889,104
Jeff BurrisPSU167,4016,006,348
Mark CrossleyPSU157,7325,659,424
Mark CrossleyRSU140,3855,037,014
Pat BarryRSU130,3124,675,595
Pat BarryPSU130,3124,675,595
Christian HeidbrederPSU114,0924,093,621
Christian HeidbrederRSU101,5443,643,399
Ryan PreblickPSU164,4063,505,189
Richard SimkinRSU90,6923,254,033
Jeff BurrisPSU90,6253,251,625
Ryan PreblickRSU86,9493,119,730
Christian HeidbrederRSU82,2872,952,458
Jeff BurrisRSU79,8932,866,561
Jeff BurrisRSU71,7432,574,139
Ryan PreblickRSU70,4592,528,069
Richard SimkinPSU55,7902,001,745
Richard SimkinPSU17,588631,057
Mark CrossleyRSU16,959608,489
Mark CrossleyRSU9,375336,375
Ryan PreblickRSU6,302226,116
05

Incentive-plan design — the Compensation Discussion & Analysis

Indivior follows a pay-for-performance and market-competitive philosophy intended to drive business results and maximize shareholder value. Compensation is highly incentive-based and heavily weighted towards long-term awards to emphasize long-term performance and support retention.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMercer (US) LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1390,364,5661,324,9961,248,13498.55%Passed

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
20262026-05-1398.55%a

a. 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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David WheadonIndependent$441,027$441,027
Juliet ThompsonIndependent · Audit (Chair) · Compliance & Ethics · Nominating & Corporate Governance251,563251,563
Barbara RyanIndependent · Audit · Compensation (Chair) · Nominating & Corporate Governance220,466220,466
Mark StejbachIndependent · Audit · Compliance & Ethics (Chair) · Science217,511217,511
Keith HumphreysIndependent196,785196,785
Daniel NinivaggiIndependent · Compensation · Nominating & Corporate Governance (Chair) · Newly elected186,697186,697
Tony KingsleyIndependent · Audit · Compensation · Newly elected140,000140,000
Jo LeCouilliardIndependent · Not standing for re-election42,03542,035
Peter BainsIndependent · Not standing for re-election39,92039,920
Robert SchriesheimIndependent · Departed during FY19,60619,606
Joe CiaffoniEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$250,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 30,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,755,610
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$1,755,610

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.

10a

Peer reciprocity

Of the companies Indivior Pharmaceuticals 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.

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 Indivior Pharmaceuticals.

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
1Exelixis, Inc.2025Michael Morrissey$1,306,040$30,539,552$0$1,382,591$33,239,183
2PTC Therapeutics, Inc.2025Matthew Klein958,50016,593,8004,399,7601,294,00023,266,326
3BioMarin Pharmaceutical Inc.2025Alexander Hardy1,130,76916,833,6291,909,3101,644,50021,927,563
4Indivior Pharmaceuticals2025Joe Ciaffoni680,11415,319,40402,100,00018,501,214
5United Therapeutics Corporation2025Martine Rothblatt1,545,0056,067,9906,075,8044,281,87518,038,972
6Exact Sciences Corporation2024Kevin Conroy1,083,36813,496,1380712,32915,539,378
7Supernus Pharmaceuticals, Inc.2025Jack Khattar1,036,0006,535,0297,031,545846,93015,501,557
8Corcept Therapeutics Incorporated2025Joseph Belanoff1,182,333012,907,718015,303,551
9Alnylam Pharmaceuticals, Inc.2025Yvonne Greenstreet1,404,2005,512,5004,363,3803,562,50014,867,600
10Neurocrine Biosciences, Inc.2025Kyle Gano920,0005,750,0235,750,006013,448,935
11Ionis Pharmaceuticals, Inc.2025Brett Monia1,051,7768,444,8381,438,105013,350,777
12Pacira BioSciences, Inc.2025Frank Lee935,3089,215,5000738,81011,636,917
13Ultragenyx Pharmaceutical Inc.2025Emil Kakkis861,1008,364,9381,847,356299,66311,405,535
14Intra-Cellular Therapies, Inc.2023Sharon Mates891,6537,749,9840010,086,413
15Novavax, Inc.2025John Jacobs792,9173,545,4353,763,292640,3318,856,015
16Amneal Pharmaceuticals, Inc.2025Chirag Patel800,0006,974,9950848,0008,691,745
17Amphastar Pharmaceuticals, Inc.2025Jack Yongfeng Zhang950,9113,301,9813,302,024361,0008,309,350
18ACADIA Pharmaceuticals Inc.2025Catherine Owen Adams930,0003,240,5583,234,797818,5598,256,518
19Sarepta Therapeutics, Inc.2025Douglas Ingram1,171,4256,000,0050649,0007,840,666
20Emergent BioSolutions Inc.2025Joseph Papa1,037,3851,638,5001,191,5001,446,6405,321,147

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
Indivior Pharmaceuticalsnot disclosedPSU 70 · RSU 30not disclosedMercer (US) LLC
ACADIA Pharmaceuticals Inc.110%Options 50 · PSU 25 · RSU 25YesFW Cook
Alnylam Pharmaceuticals, Inc.200%PSU 50 · RSU 25 · Options 25NoPay Governance
Amneal Pharmaceuticals, Inc.106%PSU 65 · RSU 35NoMeridian
Amphastar Pharmaceuticals, Inc.not disclosedOptions 50 · RSU 50not disclosedWillis Towers Watson (WTW)
BioMarin Pharmaceutical Inc.130%PSU 66 · RSU 21 · Options 13Yes — Relative TSRAon Human Capital Solutions
Corcept Therapeutics Incorporated100%not disclosednot disclosednot disclosed
Emergent BioSolutions Inc.107%Options 50 · PSU 50NoWillis Towers Watson
Exact Sciences Corporation47%PSU 60 · RSU 40NoAon
Exelixis, Inc.105%PSU 50 · RSU 50Yes — 2025 Relative TSR GoalAon
Intra-Cellular Therapies, Inc.150%RSU 75 · PSU 25Yes — Total Stockholder Return (TSR) relative to Nasdaq Biotechnology IndexAon Consulting, Inc.
Ionis Pharmaceuticals, Inc.228%RSU 67 · PSU 33Yes — Relative TSRAon Human Capital Solutions
Neurocrine Biosciences, Inc.105%Options 50 · PSU 30 · RSU 20NoFrederic W. Cook & Co., Inc.
Novavax, Inc.95%Options 50 · RSU 50not disclosedPearl Meyer
Pacira BioSciences, Inc.90%RSU 100NoAon (Aon plc, Human Capital Solutions practice)
PTC Therapeutics, Inc.167%Options 50 · RSU 50Yes — TSR relative to Nasdaq Biotechnology IndexFW Cook
Sarepta Therapeutics, Inc.100%RSU 50 · PSU 50NoFW Cook
Supernus Pharmaceuticals, Inc.not disclosednot disclosedNoAon plc (Human Capital Solutions practice)
Ultragenyx Pharmaceutical Inc.44%PSU 60 · RSU 20 · Options 20Yes — Relative TSRAon's Human Capital Solutions Practice
United Therapeutics Corporation221%Options 50 · PSU 50NoAon Human Capital Solutions

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, Joe CiaffoniDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation Tables” · page 37. As printed: 18,501,214. Filing ↗machine: r1 · c18 · span 542781–542791
2Section 01, Pat BarryDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation Tables” · page 37. As printed: 4,905,744. Filing ↗machine: r12 · c18 · span 558641–558650
3Section 01, Christian HeidbrederDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation Tables” · page 37. As printed: 4,182,548. Filing ↗machine: r9 · c18 · span 554138–554147
4Section 01, Richard SimkinDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation Tables” · page 37. As printed: 4,017,316. Filing ↗machine: r17 · c18 · span 565309–565318
5Section 01, Ryan PreblickDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation Tables” · page 37. As printed: 3,592,393. Filing ↗machine: r6 · c18 · span 549853–549862
6Section 01, Jeff BurrisDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation Tables” · page 37. As printed: 3,521,215. Filing ↗machine: r14 · c18 · span 561293–561302
7Section 01, Mark CrossleyDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation Tables” · page 37. As printed: 3,185,591. Filing ↗machine: r3 · c18 · span 545524–545533
8Section 03, Pat Barry RSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 609109–609116
9Section 03, Pat Barry PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
10Section 03, Jeff Burris PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 614352–614361
11Section 03, Jeff Burris PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 616612–616618
12Section 03, Jeff Burris RSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 612993–613000
13Section 03, Jeff Burris PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 615483–615490
14Section 03, Joe Ciaffoni RSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 590172–590181
15Section 03, Joe Ciaffoni PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 591509–591519
16Section 03, Mark Crossley PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 594911–594917
17Section 03, Mark Crossley RSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 593809–593815
18Section 03, Christian Heidbreder PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 605755–605762
19Section 03, Christian Heidbreder RSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 603265–603272
20Section 03, Christian Heidbreder PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 604624–604633
21Section 03, Christian Heidbreder PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 606884–606890
22Section 03, Ryan Preblick PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 598377–598386
23Section 03, Ryan Preblick RSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 597287–597294
24Section 03, Ryan Preblick PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 599755–599762
25Section 03, Ryan Preblick PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 600886–600892
26Section 03, Richard Simkin PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 620353–620362
27Section 03, Richard Simkin PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 622615–622621
28Section 03, Richard Simkin PSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 621486–621491
29Section 03, Richard Simkin RSUDEF 14A2026-03-270001104659-26-035480Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 618991–618998
30Section 08, David WheadonDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 441,027. Filing ↗machine: span 321218–321225
31Section 08, Juliet ThompsonDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 251,563. Filing ↗machine: span 320345–320352
32Section 08, Barbara RyanDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 220,466. Filing ↗machine: span 317786–317793
33Section 08, Mark StejbachDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 217,511. Filing ↗machine: span 319459–319466
34Section 08, Keith HumphreysDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 196,785. Filing ↗machine: span 314357–314364
35Section 08, Daniel NinivaggiDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 186,697. Filing ↗machine: span 317001–317008
36Section 08, Tony KingsleyDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 140,000. Filing ↗machine: span 315241–315248
37Section 08, Jo LeCouilliardDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 42,035. Filing ↗machine: span 316116–316122
38Section 08, Peter BainsDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 39,920. Filing ↗machine: span 313515–313521
39Section 08, Robert SchriesheimDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 19,606. Filing ↗machine: span 318675–318681
40Section 08, Joe CiaffoniDEF 14A2026-03-270001104659-26-035480Section “Director Compensation”. As printed: 0. Filing ↗
41Section 06, 2026 voteForm 8-K2026-05-150001625297-26-000024Item 5.07 · say-on-pay result. As reported: 98.55% (votes for as printed: 90,364,566). Filing ↗
42Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
43Section 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
44Section 09b board cost (computed)ComputedcomputedCash 1,755,610 + equity 0 + all other 0 = 1,755,610, summed across the director compensation table rows.machine: formula: Σ = 1,755,610
45Exelixis, Inc., Section 10b CEO totalDEF 14A2026-04-150000939767-26-000046CEO total compensation as printed in Exelixis, Inc.'s own proxy. As printed: 33,239,183. Filing ↗machine: r2 · c10 · span 2655516–2655526
46PTC Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-200001104659-26-045528CEO total compensation as printed in PTC Therapeutics, Inc.'s own proxy. As printed: 23,266,326. Filing ↗machine: t148 · r6 · c16 · span 769400–769410
47BioMarin Pharmaceutical Inc., Section 10b CEO totalDEF 14A2026-04-210001628280-26-026290CEO total compensation as printed in BioMarin Pharmaceutical Inc.'s own proxy. As printed: 21,927,563. Filing ↗machine: span 1384905–1384915
48Indivior Pharmaceuticals (subject), Section 10b CEO totalDEF 14A2026-03-270001104659-26-035480CEO total compensation as printed in Indivior Pharmaceuticals's own proxy. As printed: 18,501,214. Filing ↗machine: r1 · c18 · span 542781–542791
49United Therapeutics Corporation, Section 10b CEO totalDEF 14A2026-04-290001082554-26-000009CEO total compensation as printed in United Therapeutics Corporation's own proxy. As printed: 18,038,972. Filing ↗machine: span 1993726–1993736
50Exact Sciences Corporation, Section 10b CEO totalDEF 14A2025-04-290001124140-25-000034CEO total compensation as printed in Exact Sciences Corporation's own proxy. As printed: 15,539,378. Filing ↗machine: span 1077855–1077865
51Supernus Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-300001104659-26-053111CEO total compensation as printed in Supernus Pharmaceuticals, Inc.'s own proxy. As printed: 15,501,557. Filing ↗machine: r1 · c41 · span 430594–430604
52Corcept Therapeutics Incorporated, Section 10b CEO totalDEF 14A2026-04-170001628280-26-025735CEO total compensation as printed in Corcept Therapeutics Incorporated's own proxy. As printed: 15,303,551. Filing ↗machine: span 283504–283514
53Alnylam Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-060001628280-26-023923CEO total compensation as printed in Alnylam Pharmaceuticals, Inc.'s own proxy. As printed: 14,867,600. Filing ↗machine: span 1294691–1294701
54Neurocrine Biosciences, Inc., Section 10b CEO totalDEF 14A2026-04-150000914475-26-000015CEO total compensation as printed in Neurocrine Biosciences, Inc.'s own proxy. As printed: 13,448,935. Filing ↗machine: t50 · r4 · c7 · span 847947–847957
55Ionis Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-230001140361-26-016388CEO total compensation as printed in Ionis Pharmaceuticals, Inc.'s own proxy. As printed: 13,350,777. Filing ↗machine: t325 · r3 · c25 · span 1543650–1543661
56Pacira BioSciences, Inc., Section 10b CEO totalDEF 14A2026-04-280001104659-26-050353CEO total compensation as printed in Pacira BioSciences, Inc.'s own proxy. As printed: 11,636,917. Filing ↗machine: t136 · r1 · c47 · span 2412158–2412168
57Ultragenyx Pharmaceutical Inc., Section 10b CEO totalDEF 14A2026-03-270001308179-26-000174CEO total compensation as printed in Ultragenyx Pharmaceutical Inc.'s own proxy. As printed: 11,405,535. Filing ↗machine: span 668997–669007
58Intra-Cellular Therapies, Inc., Section 10b CEO totalDEF 14A2024-04-290001628280-24-018986CEO total compensation as printed in Intra-Cellular Therapies, Inc.'s own proxy. As printed: 10,086,413. Filing ↗machine: r2 · c39 · span 440593–440603
59Novavax, Inc., Section 10b CEO totalDEF 14A2026-04-270001628280-26-027328CEO total compensation as printed in Novavax, Inc.'s own proxy. As printed: 8,856,015. Filing ↗machine: t197 · r2 · c8 · span 944385–944394
60Amneal Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-03-250001308179-26-000143CEO total compensation as printed in Amneal Pharmaceuticals, Inc.'s own proxy. As printed: 8,691,745. Filing ↗machine: r4 · c16 · span 470587–470596
61Amphastar Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-130001297184-26-000023CEO total compensation as printed in Amphastar Pharmaceuticals, Inc.'s own proxy. As printed: 8,309,350. Filing ↗machine: span 722923–722932
62ACADIA Pharmaceuticals Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-174163CEO total compensation as printed in ACADIA Pharmaceuticals Inc.'s own proxy. As printed: 8,256,518. Filing ↗machine: t33 · span 1170878–1170887
63Sarepta Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177247CEO total compensation as printed in Sarepta Therapeutics, Inc.'s own proxy. As printed: 7,840,666. Filing ↗machine: t34 · r2 · c25 · span 1454395–1454404
64Emergent BioSolutions Inc., Section 10b CEO totalDEF 14A2026-03-200001367644-26-000033CEO total compensation as printed in Emergent BioSolutions Inc.'s own proxy. As printed: 5,321,147. Filing ↗machine: t155 · r3 · c15 · span 906918–906927
65Section 10a, Exelixis, Inc. reciprocityDEF 14A0000939767-26-000046Exelixis, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
66Section 10a, Intra-Cellular Therapies, Inc. reciprocityDEF 14A0001628280-24-018986Intra-Cellular Therapies, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
67Section 10a, Emergent BioSolutions Inc. reciprocityDEF 14A0001367644-26-000033Emergent BioSolutions Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
68Section 10a, Supernus Pharmaceuticals, Inc. reciprocityDEF 14A0001104659-26-053111Supernus Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
69Section 10a, PTC Therapeutics, Inc. reciprocityDEF 14A0001104659-26-045528PTC Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
70Section 10a, ACADIA Pharmaceuticals Inc. reciprocityDEF 14A0001193125-26-174163ACADIA Pharmaceuticals Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
71Section 10a, Alnylam Pharmaceuticals, Inc. reciprocityDEF 14A0001628280-26-023923Alnylam Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
72Section 10a, United Therapeutics Corporation reciprocityDEF 14A0001082554-26-000009United Therapeutics Corporation's most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
73Section 10a, Novavax, Inc. reciprocityDEF 14A0001628280-26-027328Novavax, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
74Section 10a, Neurocrine Biosciences, Inc. reciprocityDEF 14A0000914475-26-000015Neurocrine Biosciences, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
75Section 10a, Amphastar Pharmaceuticals, Inc. reciprocityDEF 14A0001297184-26-000023Amphastar Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
76Section 10a, Sarepta Therapeutics, Inc. reciprocityDEF 14A0001193125-26-177247Sarepta Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
77Section 10a, Exact Sciences Corporation reciprocityDEF 14A0001124140-25-000034Exact Sciences Corporation's most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
78Section 10a, BioMarin Pharmaceutical Inc. reciprocityDEF 14A0001628280-26-026290BioMarin Pharmaceutical Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
79Section 10a, Ionis Pharmaceuticals, Inc. reciprocityDEF 14A0001140361-26-016388Ionis Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
80Section 10a, Ultragenyx Pharmaceutical Inc. reciprocityDEF 14A0001308179-26-000174Ultragenyx Pharmaceutical Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗
81Section 10a, Pacira BioSciences, Inc. reciprocityDEF 14A0001104659-26-050353Pacira BioSciences, Inc.'s most recent proxy was read; its disclosed peer group does not include Indivior Pharmaceuticals. Filing ↗