Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-04-29

Inozyme Pharma (INZY)

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.

$2,485,392
Douglas Treco total, FY2024
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against INZY
3 companies name INZY as a compensation peer

Each company listed discloses INZY 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 INZY 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 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Douglas Treco$541,667$0$0$1,933,375$0$0$10,350$2,485,392
Chief Executive Officer and Chairman
Matthew Winton456,75001,162,7990135,000010,3501,764,899
Senior Vice President and Chief Operating Officer
Sanjay Subramanian462,033001,096,354135,000010,3501,703,737
Senior Vice President and Chief Financial Officer and Head of Business Development

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
Douglas Treco$2,485,392$5,299,476−2,814,084
Matthew Winton1,764,8991,548,627+216,272
Sanjay Subramanian1,703,7371,032,937+670,800

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 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Douglas TrecoOption$1,933,375
Matthew WintonRSU1,162,799
Sanjay SubramanianOption1,096,354
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Douglas Treco$0$0$1,933,3750.0%
Matthew Winton1,162,799000.0%
Sanjay Subramanian001,096,3540.0%

% 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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Douglas TrecoOption243,7505.77
Douglas TrecoRSU75,000207,750
Sanjay SubramanianOption56,2503.96
Douglas TrecoOption466,6675.73
Sanjay SubramanianOption75,9383.3
Sanjay SubramanianOption134,0635.77
Matthew WintonOption145,8345.39
Matthew WintonOption142,1885.77
05

Incentive-plan design — the Compensation Discussion & Analysis

We use base compensation or salaries to recognize the experience, skills, knowledge and responsibilities required of our executive officers. Performance-based bonuses, which are calculated as a percentage of base salary, are designed to motivate our executive officers to achieve annual goals based on our strategic, financial and operating performance objectives. Although we do not have a formal policy with respect to the grant of equity incentive awards to our executive officers, or any formal equity ownership guidelines applicable to them, we believe that equity grants provide our executive officers with a strong link to our long-term performance, create an ownership culture and help to align the interests of our executive officers and our stockholders.

CEO STI target (% of salary)55%
CEO LTI target (% of salary)
Independent consultantAlpine Rewards
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Erik HarrisIndependent · Newly elected$9,783$0$272,503$0$282,286
Reinaldo DiazIndependent · Lead Independent Director · Compensation (Chair)68,1250123,2000191,325
Martin EdwardsIndependent · Audit · Nominating/Governance (Chair) · Research and Development (Chair)62,2500123,2000185,450
Lynne SullivanIndependent · Audit (Chair)53,7500123,2000176,950
Sarah BhagatIndependent · Audit48,7660123,2000171,966
Edward MathersIndependent · Compensation · Nominating/Governance47,7500123,2000170,950
Robert HopfnerIndependent · Compensation43,7500123,2000166,950
Axel BolteNot independent · Research and Development40,8930123,2000164,093
Douglas A. TrecoEmployee director · Board Chair · Research and Development00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$123,200
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)7,500 / 5,000 / 4,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$375,067
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$375,067

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
1Inozyme Pharma2024Douglas Treco$541,667$0$1,933,375$0$2,485,392

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, Douglas TrecoDEF 14A2025-04-290000950170-25-060198Section “Summary Compensation Table”. As printed: 2,485,392. Filing ↗machine: span 345346–345355
2Section 01, Matthew WintonDEF 14A2025-04-290000950170-25-060198Section “Summary Compensation Table”. As printed: 1,764,899. Filing ↗machine: r6 · c22 · span 377932–377941
3Section 01, Sanjay SubramanianDEF 14A2025-04-290000950170-25-060198Section “Summary Compensation Table”. As printed: 1,703,737. Filing ↗machine: r4 · c22 · span 361577–361586
4Section 03, Douglas Treco OptionDEF 14A2025-04-290000950170-25-060198Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r2 · c13 · span 341998–342007
5Section 03, Matthew Winton RSUDEF 14A2025-04-290000950170-25-060198Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r6 · c13 · span 374595–374604
6Section 03, Sanjay Subramanian OptionDEF 14A2025-04-290000950170-25-060198Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t4 · r4 · c13 · span 358267–358276
7Section 08, Erik HarrisDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 282,286. Filing ↗machine: t8 · r6 · c10 · span 744407–744414
8Section 08, Reinaldo DiazDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 191,325. Filing ↗machine: t8 · r4 · c10 · span 735535–735542
9Section 08, Martin EdwardsDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 185,450. Filing ↗machine: t8 · r5 · c10 · span 740032–740039
10Section 08, Lynne SullivanDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 176,950. Filing ↗machine: t8 · r9 · c10 · span 757914–757921
11Section 08, Sarah BhagatDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 171,966. Filing ↗machine: t8 · r2 · c10 · span 726575–726582
12Section 08, Edward MathersDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 170,950. Filing ↗machine: t8 · r8 · c10 · span 753417–753424
13Section 08, Robert HopfnerDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 166,950. Filing ↗machine: t8 · r7 · c10 · span 748895–748902
14Section 08, Axel BolteDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 164,093. Filing ↗machine: t8 · r3 · c10 · span 731023–731030
15Section 08, Douglas A. TrecoDEF 14A2025-04-290000950170-25-060198Section “Director Compensation”. As printed: 0. Filing ↗
16Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 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
18Section 09b board cost (computed)ComputedcomputedCash 375,067 + equity 0 + all other 0 = 375,067, summed across the director compensation table rows.machine: formula: Σ = 375,067
19Inozyme Pharma (subject), Section 10b CEO totalDEF 14A2025-04-290000950170-25-060198CEO total compensation as printed in Inozyme Pharma's own proxy. As printed: 2,485,392. Filing ↗machine: span 345346–345355