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.
Each company listed discloses IVVD 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 IVVD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jill Andersen | $500,000 | $264,000 | $805,000 | $905,445 | $0 | $0 | $11,710 | $2,486,155 |
| Chief Legal Officer and Corporate Secretary | ||||||||
| William Duke | 485,000 | 256,080 | 483,000 | 905,445 | 0 | 0 | 11,697 | 2,141,222 |
| Chief Financial Officer (Principal Executive Officer) | ||||||||
| Timothy Lee | 455,000 | 240,240 | 483,000 | 905,445 | 0 | 0 | 11,626 | 2,095,311 |
| Chief Commercial 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 |
|---|---|---|---|---|
| Jill Andersen | $2,486,155 | — | — | — |
| William Duke | 2,141,222 | 635,543 | — | +1,505,679 |
| Timothy Lee | 2,095,311 | 1,017,649 | — | +1,077,662 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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 |
|---|---|---|---|---|---|---|---|---|
| Terrance McGuire | Director | 2026-05-19 | A | 50,000 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Tamsin Berry | Director | 2026-05-19 | A | 50,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kevin F. McLaughlin | Director | 2026-05-19 | A | 50,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Marc Elia | Director | 2026-05-19 | A | 50,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Ajay Royan | Director | 2026-05-19 | A | 50,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Paul Bolno | Director | 2026-05-19 | A | 32,876 | 0 | 0 | Derivative, Class A 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 | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Timothy Lee | Option | — | — | — | — | — | $905,445 |
| William Duke | Option | — | — | — | — | — | 905,445 |
| William Duke | RSU | — | — | — | — | — | 483,000 |
| Jill Andersen | RSU | — | — | — | — | — | 805,000 |
| Timothy Lee | RSU | — | — | — | — | — | 483,000 |
| Jill Andersen | Option | — | — | — | — | — | 905,445 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Timothy Lee | $483,000 | $0 | $905,445 | 0.0% |
| William Duke | 483,000 | 0 | 905,445 | 0.0% |
| Jill Andersen | 805,000 | 0 | 905,445 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Jill Andersen | RSU | 335,000 | — | $827,450 |
| William Duke | RSU | 201,000 | — | 496,470 |
| Timothy Lee | RSU | 201,000 | — | 496,470 |
| William Duke | Option | 686,112 | 1.61 | — |
| William Duke | Option | 328,125 | 1.83 | — |
| Jill Andersen | Option | 155,730 | 1.44 | — |
| Timothy Lee | Option | 375,000 | 1.76 | — |
| William Duke | Option | 66,667 | 3.59 | — |
| Jill Andersen | Option | 11,980 | 6.78 | — |
| Jill Andersen | Option | 40,105 | 3.57 | — |
| Jill Andersen | Option | 133,334 | 3.59 | — |
| Jill Andersen | Option | 686,112 | 1.61 | — |
| Timothy Lee | Option | 686,112 | 1.61 | — |
Our equity-based incentive awards granted to our named executive officers are designed to align the interests of our named executive officers with those of our stockholders.
| CEO STI target (% of salary) | 40% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Alpine Rewards |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Paul B. Bolno, M.DIndependent · Compensation · Newly elected | $12,351 | $0 | $122,000 | — | $0 | $134,351 |
| Marc EliaIndependent · Board Chair · Audit | 85,500 | 0 | 40,460 | — | 0 | 125,960 |
| Ajay RoyanIndependent · Nominating and Corporate Governance · Newly elected | 31,111 | 0 | 79,051 | — | 0 | 110,162 |
| Kevin F. McLaughlinIndependent · Audit (Chair) · Compensation | 61,154 | 0 | 40,460 | — | 0 | 101,614 |
| Tamsin BerryIndependent · Audit | 47,500 | 0 | 40,460 | — | 0 | 87,960 |
| Terrance McGuireIndependent · Nominating and Corporate Governance | 44,000 | 0 | 40,460 | — | 0 | 84,460 |
| Christine AkincIndependent · Departed during FY | 40,685 | 0 | 40,460 | — | 0 | 81,145 |
| Srishti Gupta, M.DIndependent · Departed during FY | 19,368 | 0 | — | — | 0 | 19,368 |
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | $40,460 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 30,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $341,669 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $341,669 |
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 | Invivyd | 2025 | William Duke | $485,000 | $483,000 | $905,445 | $0 | $2,141,222 |
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.
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, Jill Andersen | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Summary Compensation Table” · page 24. As printed: 2,486,155. Filing ↗machine: t9 · r4 · c20 · span 516489–516498 |
| 2 | Section 01, William Duke | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Summary Compensation Table” · page 24. As printed: 2,141,222. Filing ↗machine: t9 · r2 · c20 · span 501097–501106 |
| 3 | Section 01, Timothy Lee | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Summary Compensation Table” · page 24. As printed: 2,095,311. Filing ↗machine: t9 · r6 · c20 · span 531870–531879 |
| 4 | Section 03, Timothy Lee Option | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “INFORMATION REGARDING THE BOARD OF DIRECTORS AND CORPORATE GOVERNANCE” · grants of plan-based awards table. Filing ↗machine: t9 · r6 · c14 · span 529821–529828 |
| 5 | Section 03, William Duke Option | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “INFORMATION REGARDING THE BOARD OF DIRECTORS AND CORPORATE GOVERNANCE” · grants of plan-based awards table. Filing ↗machine: t9 · r2 · c14 · span 499048–499055 |
| 6 | Section 03, William Duke RSU | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “INFORMATION REGARDING THE BOARD OF DIRECTORS AND CORPORATE GOVERNANCE” · grants of plan-based awards table. Filing ↗machine: t9 · r2 · c11 · span 498023–498030 |
| 7 | Section 03, Jill Andersen RSU | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “INFORMATION REGARDING THE BOARD OF DIRECTORS AND CORPORATE GOVERNANCE” · grants of plan-based awards table. Filing ↗machine: t9 · r4 · c11 · span 513415–513422 |
| 8 | Section 03, Timothy Lee RSU | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “INFORMATION REGARDING THE BOARD OF DIRECTORS AND CORPORATE GOVERNANCE” · grants of plan-based awards table. Filing ↗machine: t9 · r6 · c11 · span 528796–528803 |
| 9 | Section 03, Jill Andersen Option | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “INFORMATION REGARDING THE BOARD OF DIRECTORS AND CORPORATE GOVERNANCE” · grants of plan-based awards table. Filing ↗machine: t9 · r4 · c14 · span 514440–514447 |
| 10 | Section 07, pay ratio | 10-K | 2026-03-05 | 0001193125-26-092547 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 11 | Section 08, Paul B. Bolno, M.D | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 134,351. Filing ↗machine: t13 · r4 · c11 · span 768369–768376 |
| 12 | Section 08, Marc Elia | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 125,960. Filing ↗machine: t13 · r5 · c11 · span 772966–772973 |
| 13 | Section 08, Ajay Royan | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 110,162. Filing ↗machine: t13 · r9 · c11 · span 791772–791779 |
| 14 | Section 08, Kevin F. McLaughlin | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 101,614. Filing ↗machine: t13 · r8 · c11 · span 786943–786950 |
| 15 | Section 08, Tamsin Berry | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 87,960. Filing ↗machine: t13 · r3 · c11 · span 763602–763608 |
| 16 | Section 08, Terrance McGuire | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 84,460. Filing ↗machine: t13 · r7 · c11 · span 782337–782343 |
| 17 | Section 08, Christine Akinc | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 81,145. Filing ↗machine: t13 · r2 · c11 · span 759003–759009 |
| 18 | Section 08, Srishti Gupta, M.D | DEF 14A | 2026-04-06 | 0001193125-26-143783 | Section “Director Compensation”. As printed: 19,368. Filing ↗machine: t13 · r6 · c3 · span 774972–774978 |
| 19 | Section 02, Terrance McGuire 2026-05-19 | Form 4 | 2026-05-21 | 0001193125-26-234662 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Tamsin Berry 2026-05-19 | Form 4 | 2026-05-21 | 0001193125-26-234656 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Kevin F. McLaughlin 2026-05-19 | Form 4 | 2026-05-21 | 0001193125-26-234665 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Marc Elia 2026-05-19 | Form 4 | 2026-05-21 | 0001193125-26-234661 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Ajay Royan 2026-05-19 | Form 4 | 2026-05-21 | 0001193125-26-234666 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Paul Bolno 2026-05-19 | Form 4 | 2026-05-21 | 0001193125-26-234660 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 26 | Section 03b vehicle mix (computed) | 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 |
| 27 | Section 09b board cost (computed) | Computed | — | computed | Cash 341,669 + equity 0 + all other 0 = 341,669, summed across the director compensation table rows.machine: formula: Σ = 341,669 |
| 28 | Invivyd (subject), Section 10b CEO total | DEF 14A | 2026-04-06 | 0001193125-26-143783 | CEO total compensation as printed in Invivyd's own proxy. As printed: 2,141,222. Filing ↗machine: t9 · r2 · c20 · span 501097–501106 |