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Companies Jade Biosciences, Inc.

Jade Biosciences (JBIO): executive pay, fiscal 2025

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CEO total pay$9,799,759CEO Tom Frohlich · source
CEO vs. named peers88th pct.Of 20 peer CEOs

CEO pay, last three years

  • $1,364,396FY2024
  • $9,799,759FY2025

CEO total pay was $9,799,759 in fiscal 2025, up from $1,364,396 in fiscal 2024.

FY2025: salary $621,970 · bonus $0 · stock awards $0 · option awards $8,779,876

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Executives and directors

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Tom Frohlich$621,970$0$0$8,779,876$397,913$0$0$9,799,759
Chief Executive Officer, President and Director
Andrew King507,301003,775,903258,600004,541,804
President, Research and Development
Bradford Dahms233,013003,781,940113,60003,4384,131,991
Chief Financial Officer
Timothy Noyes213,767000001,600,7161,814,483
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 FY2024→2025
Tom Frohlich$9,799,759$1,364,396—↑ +8,435,363
Andrew King4,541,804751,605—↑ +3,790,199
Bradford Dahms4,131,991———
Timothy Noyes1,814,4833,391,5363,070,657↓ −1,577,053

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

Incentive-plan design — the Compensation Discussion & Analysis

The primary elements of compensation for our NEOs are base salary, annual bonuses and long-term incentive awards in the form of equity awards. The compensation program is weighted toward long-term incentive compensation to discourage short-term risk taking.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantAlpine Rewards
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Andrew KingRSU8,625—$133,084
Andrew KingOption123,6001.46—
Andrew KingOption184,1476.03—
Andrew KingRSU229,907—3,547,465
Bradford DahmsOption526,0009—
Andrew KingOption552,7096.03—
Tom FrohlichOption659,5500.96—
Tom FrohlichOption779,9346.03—
Tom FrohlichOption817,6436.03—
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Eric Dobmeier, J.DIndependent · Audit · Nominating and Corporate Governance$55,688—$171,247—$0$226,935
Erin LavelleIndependent · Audit (Chair) · Compensation41,175—171,247—0212,422
Lawrence Klein, Ph.DIndependent · Audit · Nominating and Corporate Governance (Chair)38,812—171,247—0210,059
Tomas KiselakIndependent · Compensation (Chair)35,100—171,247—0206,347
Chris CainIndependent34,425—171,247—0205,672
Christopher Cain, Ph.DIndependent · Compensation · Nominating and Corporate Governance34,425—171,247—0205,672
Mark IwickiIndependent · Departed during FY26,250—0—026,250
Allison DorvalIndependent · Departed during FY25,000—0—025,000
Habib J. DableIndependent · Departed during FY21,250—0—021,250
Joshua Resnick, M.DIndependent · Departed during FY19,500—0—019,500
David Grayzel, M.DIndependent · Departed during FY10,750—0—010,750
Donald J. SantelIndependent · Departed during FY9,750—0—09,750
Tom FrohlichEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$35,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 12,000 / 10,000
Stock ownership guideline—

Total cost of the board

ComponentFY2025
Cash retainers and fees$352,125
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$352,125

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Jade Biosciences as a peer

Companies that benchmark against JBIO

1 company names JBIO as a compensation peer

    Each company listed discloses JBIO 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 JBIO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

    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.

    Peer reciprocity

    Of the companies Jade Biosciences, Inc. 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 Jade Biosciences, Inc..

    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
    1Janux Therapeutics, Inc.2025David Campbell$680,000$0$12,459,031$367,200$13,506,231
    2Dianthus Therapeutics, Inc.2025Marino Garcia630,00009,450,952519,75010,614,702
    3Jade Biosciences, Inc.2025Tom Frohlich621,97008,779,876397,9139,799,759
    4CARGO Therapeutics, Inc.2024Gina Chapman630,80008,155,520363,8009,300,120
    5Kymera Therapeutics, Inc.2025Nello Mainolfi693,00007,318,859519,7508,545,609
    6Spyre Therapeutics, Inc.2025Cameron Turtle665,00005,552,886475,4756,707,361
    7Astria Therapeutics, Inc.2024Jill Milne637,86805,637,078318,9346,604,416
    8Alumis Inc.2025Martin Babler680,83004,743,220524,2395,948,289
    9Pliant Therapeutics, Inc.2025Bernard Coulie682,0001,810,2502,713,750204,6005,462,901
    10Zenas BioPharma, Inc.2025Leon Moulder520,00003,769,200371,8004,661,000
    11Upstream Bio, Inc.2025E. Rand Sutherland650,00003,300,350341,2504,302,100
    12Lyell Immunopharma, Inc.2025Lynn Seely690,173186,8062,907,551414,0004,222,265
    13Prime Medicine, Inc.2025Allan Reine606,21202,828,798402,0003,894,187
    14Entrada Therapeutics, Inc.2025Dipal Doshi635,0001,387,4281,452,059349,2503,837,737
    15Contineum Therapeutics, Inc.2025Carmine Stengone655,62002,291,640450,7393,409,448
    16Oruka Therapeutics, Inc.2025Lawrence Klein624,00002,275,390446,1603,356,050
    17Kyverna Therapeutics, Inc.2025Warner Biddle625,0000543,804468,7501,814,980
    18Apogee Therapeutics, Inc.2025Michael Henderson700,00000591,5001,291,500
    —ACELYRIN, Inc.——————not in coverage universe
    —Third Harmonic Bio, Inc.——————not in coverage universe

    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.

    Incentive design against the same peers

    CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
    Jade Biosciences, Inc.not disclosednot disclosednot disclosedAlpine Rewards
    ACELYRIN, Inc.not disclosednot disclosednot disclosednot disclosed
    Alumis Inc.not disclosednot disclosednot disclosedPearl Meyer & Partners, LLC
    Apogee Therapeutics, Inc.not disclosedOption 100not disclosedAlpine Rewards
    Astria Therapeutics, Inc.not disclosedOption 100not disclosedAon
    CARGO Therapeutics, Inc.not disclosedOptions 100not disclosedAlpine Rewards, LLC
    Contineum Therapeutics, Inc.not disclosedOption 100not disclosedAlpine
    Dianthus Therapeutics, Inc.not disclosednot disclosednot disclosedAlpine Rewards, LLC
    Entrada Therapeutics, Inc.not disclosednot disclosedNoPay Governance
    Janux Therapeutics, Inc.90%not disclosednot disclosedFW Cook
    Kymera Therapeutics, Inc.125%not disclosedNoAlpine Rewards
    Kyverna Therapeutics, Inc.not disclosedOption 100not disclosedAon plc
    Lyell Immunopharma, Inc.100%not disclosedNoAlpine
    Oruka Therapeutics, Inc.not disclosednot disclosednot disclosedAlpine Rewards LLC
    Pliant Therapeutics, Inc.not disclosedOption 66.67 · RSU 33.33not disclosedPearl Meyer; Alpine Rewards
    Prime Medicine, Inc.120%not disclosednot disclosedAlpine Rewards
    Spyre Therapeutics, Inc.130%Option 100not disclosedAlpine Rewards
    Third Harmonic Bio, Inc.not disclosednot disclosednot disclosednot disclosed
    Upstream Bio, Inc.52.5%Option 100not disclosedAlpine Rewards
    Zenas BioPharma, Inc.not disclosedOption 100not disclosedAlpine

    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.

    Say-on-pay history and pay ratio
    Meeting yearMeeting dateForAgainstAbstainSupportOutcome
    20262026-06-09—————
    20242024-06-05—————
    20232023-06-06—————
    20222022-06-21—————

    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
    20262026-06-09—a
    20242024-06-05—b
    20232023-06-06—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.

    Insider trades since the proxy

    No insider equity transactions reported since the proxy statement.

    Sources (50 citations)

    Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

    • Section 01, Tom Frohlich. DEF 14A, filed 2026-04-28. Section “SUMMARY COMPENSATION TABLE”. As printed: 9,799,759. View filing ↗
    • Section 01, Andrew King. DEF 14A, filed 2026-04-28. Section “SUMMARY COMPENSATION TABLE”. As printed: 4,541,804. View filing ↗
    • Section 01, Bradford Dahms. DEF 14A, filed 2026-04-28. Section “SUMMARY COMPENSATION TABLE”. As printed: 4,131,991. View filing ↗
    • Section 01, Timothy Noyes. DEF 14A, filed 2026-04-28. Section “SUMMARY COMPENSATION TABLE”. As printed: 1,814,483. View filing ↗
    • Section 08, Eric Dobmeier, J.D. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 226,935. View filing ↗
    • Section 08, Erin Lavelle. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 212,422. View filing ↗
    • Section 08, Lawrence Klein, Ph.D. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 210,059. View filing ↗
    • Section 08, Tomas Kiselak. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 206,347. View filing ↗
    • Section 08, Chris Cain. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 205,672. View filing ↗
    • Section 08, Christopher Cain, Ph.D. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 205,672. View filing ↗
    • Section 08, Mark Iwicki. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 26,250. View filing ↗
    • Section 08, Allison Dorval. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 25,000. View filing ↗
    • Section 08, Habib J. Dable. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 21,250. View filing ↗
    • Section 08, Joshua Resnick, M.D. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 19,500. View filing ↗
    • Section 08, David Grayzel, M.D. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 10,750. View filing ↗
    • Section 08, Donald J. Santel. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 9,750. View filing ↗
    • Section 08, Tom Frohlich. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
    • Section 06, 2026 vote. Form 8-K, filed 2026-06-11. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
    • Section 06, 2024 vote. Form 8-K, filed 2024-06-07. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
    • Section 06, 2023 vote. Form 8-K, filed 2023-06-08. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
    • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
    • Section 09b board cost (computed). Computed. Cash 352,125 + equity 0 + all other 0 = 352,125, summed across the director compensation table rows.
    • Janux Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Janux Therapeutics, Inc.'s own proxy. As printed: 13,506,231. View filing ↗
    • Dianthus Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Dianthus Therapeutics, Inc.'s own proxy. As printed: 10,614,702. View filing ↗
    • Jade Biosciences, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Jade Biosciences, Inc.'s own proxy. As printed: 9,799,759. View filing ↗
    • CARGO Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-29. CEO total compensation as printed in CARGO Therapeutics, Inc.'s own proxy. As printed: 9,300,120. View filing ↗
    • Kymera Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Kymera Therapeutics, Inc.'s own proxy. As printed: 8,545,609. View filing ↗
    • Spyre Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Spyre Therapeutics, Inc.'s own proxy. As printed: 6,707,361. View filing ↗
    • Astria Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-28. CEO total compensation as printed in Astria Therapeutics, Inc.'s own proxy. As printed: 6,604,416. View filing ↗
    • Alumis Inc., Section 10b CEO total. DEF 14A, filed 2026-05-18. CEO total compensation as printed in Alumis Inc.'s own proxy. As printed: 5,948,289. View filing ↗
    • Pliant Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Pliant Therapeutics, Inc.'s own proxy. As printed: 5,462,901. View filing ↗
    • Zenas BioPharma, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-16. CEO total compensation as printed in Zenas BioPharma, Inc.'s own proxy. As printed: 4,661,000. View filing ↗
    • Upstream Bio, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in Upstream Bio, Inc.'s own proxy. As printed: 4,302,100. View filing ↗
    • Lyell Immunopharma, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Lyell Immunopharma, Inc.'s own proxy. As printed: 4,222,265. View filing ↗
    • Prime Medicine, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Prime Medicine, Inc.'s own proxy. As printed: 3,894,187. View filing ↗
    • Entrada Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Entrada Therapeutics, Inc.'s own proxy. As printed: 3,837,737. View filing ↗
    • Contineum Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Contineum Therapeutics, Inc.'s own proxy. As printed: 3,409,448. View filing ↗
    • Oruka Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Oruka Therapeutics, Inc.'s own proxy. As printed: 3,356,050. View filing ↗
    • Kyverna Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-13. CEO total compensation as printed in Kyverna Therapeutics, Inc.'s own proxy. As printed: 1,814,980. View filing ↗
    • Apogee Therapeutics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Apogee Therapeutics, Inc.'s own proxy. As printed: 1,291,500. View filing ↗
    • Section 10a, Janux Therapeutics, Inc. reciprocity. DEF 14A. Janux Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Contineum Therapeutics, Inc. reciprocity. DEF 14A. Contineum Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Lyell Immunopharma, Inc. reciprocity. DEF 14A. Lyell Immunopharma, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Astria Therapeutics, Inc. reciprocity. DEF 14A. Astria Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Apogee Therapeutics, Inc. reciprocity. DEF 14A. Apogee Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Oruka Therapeutics, Inc. reciprocity. DEF 14A. Oruka Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Dianthus Therapeutics, Inc. reciprocity. DEF 14A. Dianthus Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Pliant Therapeutics, Inc. reciprocity. DEF 14A. Pliant Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Kymera Therapeutics, Inc. reciprocity. DEF 14A. Kymera Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
    • Section 10a, Spyre Therapeutics, Inc. reciprocity. DEF 14A. Spyre Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Jade Biosciences, Inc.. View filing ↗
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