Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-04

Kalaris Therapeutics, Inc. (KLRS)

CEO Andrew Oxtoby was paid $2,569,115 in fiscal year 2025, ↑ up 30.7% from fiscal year 2024 (SEC filing 0001193125-26-177362 ↗): 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.

$2,569,115 ↑
Andrew Oxtoby total, FY2025
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
96.97%
Say-on-pay support, latest vote

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KLRS's next annual pay disclosure, estimated February 15, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Andrew Oxtoby$537,733$0$0$1,687,076$344,306$0$0$2,569,115
President and Chief Executive Officer
Matthew Feinsod457,732001,008,403207,636001,673,771
Chief Medical Officer
Brett Hagen397,30167,8140295,417121,5120557,1301,439,174
Chief Accounting Officer and AlloVir’s former Chief Accounting Officer
Vikas Sinha81,106000001,019,8481,100,954
AlloVir’s Former Chief Executive Officer, President and Chief Financial Officer
Matthew Gall80,83300949,27934,495001,064,607
Former Chief Financial 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
Andrew Oxtoby$2,569,115$1,965,153—↑ +603,962
Matthew Feinsod1,673,771———
Brett Hagen1,439,174796,311—↑ +642,863
Vikas Sinha1,100,954544,400—↑ +556,554
Matthew Gall1,064,607———

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

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Companies that benchmark against KLRS
1 company names KLRS as a compensation peer

The list of companies that name KLRS as a peer is temporarily unavailable — recheck shortly.

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
Andrew OxtobyOption—————$1,687,076
Matthew GallOption—————949,279
Brett HagenOption—————295,417
Matthew FeinsodOption—————1,008,403
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Andrew Oxtoby$0$0$1,687,0760.0%
Matthew Gall00949,2790.0%
Brett Hagen00295,4170.0%
Matthew Feinsod001,008,4030.0%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Andrew OxtobyOption268,0900.85—
Andrew OxtobyOption287,0007.31—
Matthew FeinsodOption20,1600.85—
Matthew FeinsodOption52,9137.31—
Matthew FeinsodOption101,0007.31—
Matthew GallOption235,0004.99—
Brett HagenOption50,2627.31—
05

Incentive-plan design — the Compensation Discussion & Analysis

The company aims to motivate employees to achieve short- and long-term results in the best interests of stockholders through a mix of cash and equity-based compensation. The compensation committee considers market comparables, historical compensation levels, and individual and corporate performance when setting base salaries, bonus targets, and equity awards.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantAon plc
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0315,852,844495,7634,36696.97%Passed
20252025-08-12—————
20242024-06-06—————
20232023-05-11—————
20222022-05-17—————

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
20262026-06-0396.97%a
20252025-08-12—b
20242024-06-06—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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David HallalIndependent · Board Chair · Compensation$140,000—$104,430—$0$244,430
Morana Jovan-Embiricos, Ph.DIndependent · Audit51,875—104,430—0156,305
Morana Jovan-EmbiricosIndependent · Audit51,8750104,430——156,305
Napoleone FerraraIndependent · Nominating/Governance · Newly elected33,0000104,430—13,663151,093
Napoleone Ferrara, M.DIndependent · Newly elected33,000—104,430—13,663151,093
Samir PatelIndependent0—104,430—44,000148,430
Leone PattersonIndependent · Audit (Chair) · Newly elected41,250—104,430—0145,680
Michael Dybbs, Ph.DIndependent39,000—104,430—0143,430
Michael DybbsIndependent · Compensation (Chair)39,0000104,430——143,430
Anthony P. Adamis, M.DIndependent · Audit35,625—104,430—1,850141,905
Anthony P. AdamisIndependent · Audit35,6250104,430—1,850141,905
Srinivas Akkaraju, M.D., Ph.DNot independent36,000—104,430—0140,430
Srinivas AkkarajuIndependent · Nominating/Governance (Chair)36,0000104,430——140,430
Jeffrey S. BornsteinNot independent · Departed during FY16,875—0—016,875
Shawn TomaselloNot independent · Departed during FY13,750—0—013,750
Derek Adams, Ph.DIndependent · Departed during FY13,125—0—013,125
Derek AdamsIndependent · Departed during FY13,1250———13,125
Malcolm Brenner, M.D., Ph.DNot independent · Departed during FY12,500—0—012,500
Malcolm BrennerIndependent · Departed during FY12,5000———12,500
Juan Vera, M.DNot independent · Departed during FY10,000—0—010,000
Juan VeraIndependent · Departed during FY10,0000———10,000
Andrew OxtobyEmployee director—————0
09

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)7,500 / 6,000 / 4,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$674,125
Equity awards (grant-date value)$0
All other compensation$75,026
Total cost of the board$749,151

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
1Kalaris Therapeutics, Inc.2025Andrew Oxtoby$537,733$0$1,687,076$344,306$2,569,115

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.

10d

Frequently asked questions

Who was the highest-paid executive at Kalaris Therapeutics, Inc. in fiscal 2025?
As disclosed, Andrew Oxtoby (President and Chief Executive Officer) was the highest-paid executive at Kalaris Therapeutics, Inc. in fiscal 2025, with total compensation of $2,569,115.
How did shareholders vote on Kalaris Therapeutics, Inc.'s executive compensation?
As disclosed, 96.97% of shareholders supported Kalaris Therapeutics, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Kalaris Therapeutics, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Kalaris Therapeutics, Inc. reported total board compensation of $749,151 for fiscal 2025.

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.

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, Andrew OxtobyDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table”. As printed: 2,569,115. Filing ↗machine: r2 · c27 · span 295176–295185
2Section 01, Matthew FeinsodDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table”. As printed: 1,673,771. Filing ↗machine: r5 · c27 · span 301661–301670
3Section 01, Brett HagenDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table”. As printed: 1,439,174. Filing ↗machine: span 312546–312555
4Section 01, Vikas SinhaDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table”. As printed: 1,100,954. Filing ↗machine: r8 · c26 · span 307794–307803
5Section 01, Matthew GallDEF 14A2026-04-240001193125-26-177362Section “Summary Compensation Table”. As printed: 1,064,607. Filing ↗machine: span 305646–305655
6Section 03, Andrew Oxtoby OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r2 · c15 · span 294377–294386
7Section 03, Matthew Gall OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r7 · c15 · span 304694–304701
8Section 03, Brett Hagen OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r10 · c15 · span 311752–311759
9Section 03, Matthew Feinsod OptionDEF 14A2026-04-240001193125-26-177362Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t117 · r5 · c15 · span 300716–300725
10Section 08, David HallalDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 244,430. Filing ↗machine: span 406054–406193
11Section 08, Morana Jovan-Embiricos, Ph.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 156,305. Filing ↗machine: span 408829–408968
12Section 08, Morana Jovan-EmbiricosDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 156,305. Filing ↗machine: t140 · r6 · c15 · span 408829–408968
13Section 08, Napoleone FerraraDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 151,093. Filing ↗machine: t140 · r12 · c15 · span 425364–425503
14Section 08, Napoleone Ferrara, M.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 151,093. Filing ↗machine: span 425364–425503
15Section 08, Samir PatelDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 148,430. Filing ↗
16Section 08, Leone PattersonDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 145,680. Filing ↗machine: span 430873–431012
17Section 08, Michael Dybbs, Ph.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 143,430. Filing ↗machine: span 422600–422739
18Section 08, Michael DybbsDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 143,430. Filing ↗machine: t140 · r11 · c15 · span 422600–422739
19Section 08, Anthony P. Adamis, M.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 141,905. Filing ↗machine: span 417083–417222
20Section 08, Anthony P. AdamisDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 141,905. Filing ↗machine: t140 · r9 · c15 · span 417083–417222
21Section 08, Srinivas Akkaraju, M.D., Ph.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 140,430. Filing ↗machine: span 419859–419998
22Section 08, Srinivas AkkarajuDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 140,430. Filing ↗machine: t140 · r10 · c15 · span 419859–419998
23Section 08, Jeffrey S. BornsteinDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 16,875. Filing ↗machine: span 398701–398839
24Section 08, Shawn TomaselloDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 13,750. Filing ↗machine: span 409738–409876
25Section 08, Derek Adams, Ph.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 13,125. Filing ↗machine: span 395951–396089
26Section 08, Derek AdamsDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 13,125. Filing ↗machine: t140 · r2 · c3 · span 395951–396089
27Section 08, Malcolm Brenner, M.D., Ph.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 12,500. Filing ↗machine: span 401484–401622
28Section 08, Malcolm BrennerDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 12,500. Filing ↗machine: t140 · r4 · c3 · span 401484–401622
29Section 08, Juan Vera, M.DDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 10,000. Filing ↗machine: span 412509–412647
30Section 08, Juan VeraDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 10,000. Filing ↗machine: t140 · r8 · c3 · span 412509–412647
31Section 08, Andrew OxtobyDEF 14A2026-04-240001193125-26-177362Section “Director Compensation”. As printed: 0. Filing ↗
32Section 06, 2026 voteForm 8-K2026-06-040001193125-26-257388Item 5.07 · say-on-pay result. As reported: 96.97% (votes for as printed: 15,852,844). Filing ↗
33Section 06, 2025 voteForm 8-K2025-08-130001193125-25-179466Item 5.07 · say-on-pay result. As reported: —. Filing ↗
34Section 06, 2024 voteForm 8-K2024-06-070001193125-24-157311Item 5.07 · say-on-pay result. As reported: —. Filing ↗
35Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
36Section 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).machine: formula: sums + PSU ratio
37Section 09b board cost (computed)Computed——Cash 674,125 + equity 0 + all other 75,026 = 749,151, summed across the director compensation table rows.machine: formula: Σ = 749,151
38Kalaris Therapeutics, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-240001193125-26-177362CEO total compensation as printed in Kalaris Therapeutics, Inc.'s own proxy. As printed: 2,569,115. Filing ↗machine: r2 · c27 · span 295176–295185

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