Companies Jasper Therapeutics, Inc.
Jasper Therapeutics (JSPR): executive pay, fiscal 2024
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CEO pay, last three years
- $3,369,990FY2023
- $3,215,003FY2024
CEO total pay was $3,215,003 in fiscal 2024, down from $3,369,990 in fiscal 2023.
FY2024: salary $727,272 · bonus $0 · stock awards $438,000 · option awards $1,740,640
Frequently asked questions
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.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Ronald Martell | $727,272 | $0 | $438,000 | $1,740,640 | $309,091 | $0 | $0 | $3,215,003 |
| President and Chief Executive Officer | ||||||||
| Edwin Tucker | 514,500 | 0 | 0 | 689,324 | 196,796 | 0 | 0 | 1,400,620 |
| Chief Medical Officer | ||||||||
| Jeet Mahal | 481,301 | 0 | 0 | 612,732 | 184,098 | 0 | 0 | 1,278,131 |
| Chief Operating Officer | ||||||||
| Herb Cross | 476,100 | 0 | 0 | 612,732 | 182,108 | 0 | 0 | 1,270,940 |
| Chief Financial Officer and Corporate Secretary | ||||||||
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 officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Ronald Martell | $3,215,003 | $3,369,990 | — | ↓ −154,987 |
| Edwin Tucker | 1,400,620 | 977,726 | — | ↑ +422,894 |
| Jeet Mahal | 1,278,131 | 1,184,707 | — | ↑ +93,424 |
| Herb Cross | 1,270,940 | 643,122 | — | ↑ +627,818 |
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
We have designed, and intend to modify as necessary, our compensation and benefits programs to attract, retain, incentivize and reward deeply talented and qualified executives who share our philosophy and desire to work towards achieving our goals. We believe our compensation programs should promote the success of our Company and align executive incentives with the long-term interests of our stockholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2024
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Herb Cross | OPTION | 2024-02-15 | — | — | 40,000 | — | $612,732 |
| Jeet Mahal | OPTION | 2024-02-15 | — | — | 40,000 | — | 612,732 |
| Ronald Martell | PRSU | 2024-06-10 | — | 20,000 | — | — | — |
| Edwin Tucker | OPTION | 2024-02-15 | — | — | 45,000 | — | 689,324 |
| Ronald Martell | OPTION | 2024-06-10 | — | — | 10,000 | — | — |
| Ronald Martell | OPTION | 2024-02-15 | — | — | 100,000 | — | — |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Herb Cross | $0 | $0 | $612,732 | 0.0% |
| Jeet Mahal | 0 | 0 | 612,732 | 0.0% |
| Edwin Tucker | 0 | 0 | 689,324 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2024
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Jeet Mahal | Option | 187 | 35.4 | — |
| Jeet Mahal | Option | 693 | 31.2 | — |
| Jeet Mahal | Option | 2,730 | 35.4 | — |
| Ronald Martell | Option | 10,000 | 23.95 | — |
| Jeet Mahal | Option | 19,689 | 18.7 | — |
| Ronald Martell | PSU | 20,000 | — | 427,600 |
| Edwin Tucker | Option | 25,000 | 16.2 | — |
| Ronald Martell | Option | 28,130 | 18.7 | — |
| Herb Cross | Option | 37,812 | 7.8 | — |
| Herb Cross | Option | 40,000 | 17.95 | — |
| Jeet Mahal | Option | 40,000 | 17.95 | — |
| Edwin Tucker | Option | 45,000 | 17.95 | — |
| Ronald Martell | Option | 53,259 | 35.4 | — |
| Ronald Martell | Option | 59,250 | 17.8 | — |
| Ronald Martell | Option | 100,000 | 17.95 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Judith Shizuru, M.D., Ph.DNot independent · Audit · Research and Development | $46,300 | — | $161,489 | — | $250,000 | $457,789 |
| Svetlana Lucas, Ph.DIndependent · Nominating and Corporate Governance | 21,429 | — | 302,606 | — | 0 | 324,034 |
| Tom WiggansIndependent | 70,000 | — | 161,489 | — | 0 | 231,489 |
| Kurt von EmsterIndependent · Audit | 66,800 | — | 161,489 | — | 0 | 228,289 |
| Christian NoletIndependent · Audit (Chair) | 65,000 | — | 161,489 | — | 0 | 226,489 |
| Scott Brun, M.DIndependent · Compensation · Audit · Research and Development (Chair) | 56,300 | — | 161,489 | — | 0 | 217,789 |
| Vishal KapoorIndependent · Audit | 51,500 | — | 161,489 | — | 0 | 212,989 |
| Anna French, D.PhilIndependent · Departed during FY | 29,330 | — | 0 | — | 0 | 29,330 |
Board fee structure and ownership guideline
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 10,000 / 8,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $406,659 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $250,000 |
| Total cost of the board | $656,659 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Jasper Therapeutics as a peer
Companies that benchmark against JSPR
2 companies name JSPR as a compensation peer
- ANAPTYSBIO, INCANABFY2025
- aTYR PHARMA INCATYRFY2025
Each company listed discloses JSPR 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 JSPR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Jasper Therapeutics, Inc. | 2024 | Ronald Martell | $727,272 | $438,000 | $1,740,640 | $309,091 | $3,215,003 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (22 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, Ronald Martell. DEF 14A, filed 2025-05-19. Section “Executive Compensation”. As printed: 3,215,003. View filing ↗
- Section 01, Edwin Tucker. DEF 14A, filed 2025-05-19. Section “Executive Compensation”. As printed: 1,400,620. View filing ↗
- Section 01, Jeet Mahal. DEF 14A, filed 2025-05-19. Section “Executive Compensation”. As printed: 1,278,131. View filing ↗
- Section 01, Herb Cross. DEF 14A, filed 2025-05-19. Section “Executive Compensation”. As printed: 1,270,940. View filing ↗
- Section 03, Herb Cross OPTION. DEF 14A, filed 2025-05-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Jeet Mahal OPTION. DEF 14A, filed 2025-05-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Ronald Martell PRSU. DEF 14A, filed 2025-05-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Edwin Tucker OPTION. DEF 14A, filed 2025-05-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Ronald Martell OPTION. DEF 14A, filed 2025-05-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Ronald Martell OPTION. DEF 14A, filed 2025-05-19. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Judith Shizuru, M.D., Ph.D. DEF 14A, filed 2025-05-19. Section “Director Compensation”. As printed: 457,789. View filing ↗
- Section 08, Svetlana Lucas, Ph.D. DEF 14A, filed 2025-05-19. Section “Director Compensation”. As printed: 324,034. View filing ↗
- Section 08, Tom Wiggans. DEF 14A. Section “Director Compensation”. As printed: 231,489.
- Section 08, Kurt von Emster. DEF 14A, filed 2025-05-19. Section “Director Compensation”. As printed: 228,289. View filing ↗
- Section 08, Christian Nolet. DEF 14A. Section “Director Compensation”. As printed: 226,489.
- Section 08, Scott Brun, M.D. DEF 14A, filed 2025-05-19. Section “Director Compensation”. As printed: 217,789. View filing ↗
- Section 08, Vishal Kapoor. DEF 14A, filed 2025-05-19. Section “Director Compensation”. As printed: 212,989. View filing ↗
- Section 08, Anna French, D.Phil. DEF 14A, filed 2025-05-19. Section “Director Compensation”. As printed: 29,330. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 406,659 + equity 0 + all other 250,000 = 656,659, summed across the director compensation table rows.
- Jasper Therapeutics, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2025-05-19. CEO total compensation as printed in Jasper Therapeutics, Inc.'s own proxy. As printed: 3,215,003. View filing ↗