Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-17

ELI LILLY & Co (LLY)

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.

$36,698,337
David Ricks total, FY2025
69th
CEO pay percentile vs peers
293:1
CEO-to-median pay ratio
96%
Say-on-pay support, latest vote
Companies that benchmark against LLY
20 companies name LLY as a compensation peer

Each company listed discloses LLY 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 LLY 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 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
David Ricks$1,700,000$0$23,325,000$0$6,485,500$4,451,636$736,201$36,698,337
Chair, President, and Chief Executive Officer
Daniel Skovronsky1,490,385012,000,00003,249,039887,845159,30717,786,576
Executive Vice President, Chief Scientific and Product Officer and President, Lilly Research Labs
Anat Hakim1,000,00006,000,00002,180,000502,948162,5709,845,518
Executive Vice President, General Counsel and Secretary
Lucas Montarce1,000,00005,000,00002,180,000243,31560,0008,483,315
Executive Vice President and Chief Financial Officer
Jake Van Naarden920,19204,500,00002,006,01987,36772,5197,586,097
Executive Vice President and President, Lilly Oncology and Head of Corporate 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
David Ricks$36,698,337
Daniel Skovronsky17,786,576
Anat Hakim9,845,5187,478,4267,006,737+2,367,092
Lucas Montarce8,483,3152,948,519+5,534,796
Jake Van Naarden7,586,0975,773,9484,886,520+1,812,149

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

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ralph AlvarezDirector2026-04-20A13.5$920$12,417CommonForm 4 ↗
J. Erik FyrwaldDirector2026-04-20A10.789209,917CommonForm 4 ↗
Juan LucianoDirector2026-04-20A17.392015,917CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-04-20A5.399204,958CommonForm 4 ↗
LILLY ENDOWMENT INC2026-05-06D13,62099513,554,965CommonForm 4 ↗
LILLY ENDOWMENT INC2026-05-06D2,2089962,199,572CommonForm 4 ↗
Juan LucianoDirector2026-05-18A16.1198815,917CommonForm 4 ↗
Ralph AlvarezDirector2026-05-18A12.5798812,416CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-05-18A5.029884,958CommonForm 4 ↗
J. Erik FyrwaldDirector2026-05-18A10.049889,916CommonForm 4 ↗
Ilya YuffaEVP&Pres, LLY USA&Global Capab2026-06-10D2,5001,1512,876,925CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-06-15A4.391,1294,958CommonForm 4 ↗
Ralph AlvarezDirector2026-06-15A10.991,12912,417CommonForm 4 ↗
Juan LucianoDirector2026-06-15A14.091,12915,917CommonForm 4 ↗
J. Erik FyrwaldDirector2026-06-15A8.781,1299,917CommonForm 4 ↗
J. Erik FyrwaldDirector2026-07-20A8.651,1479,917CommonForm 4 ↗
Juan LucianoDirector2026-07-20A13.881,14715,917CommonForm 4 ↗
Ralph AlvarezDirector2026-07-20A10.831,14712,417CommonForm 4 ↗
Gabrielle SulzbergerDirector2026-07-20A4.321,1474,958CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Lucas MontarcePSU_SVA2025-02-102,3672,3674,734$2,500,000
Daniel SkovronskyPSU_SVA2025-02-105,6815,68111,3636,000,000
David RicksPSU_RVA2025-02-1010,09810,09820,19711,662,500
Lucas MontarcePSU_RVA2025-02-102,1652,1654,3292,500,000
Anat HakimPSU_RVA2025-02-102,5982,5985,1953,000,000
Jake Van NaardenPSU_SVA2025-02-102,1302,1304,2612,250,000
Anat HakimPSU_SVA2025-02-102,8412,8415,6813,000,000
David RicksPSU_SVA2025-02-1011,04311,04322,08611,662,500
Jake Van NaardenPSU_RVA2025-02-101,9481,9483,8962,250,000
Daniel SkovronskyPSU_RVA2025-02-105,1955,19510,3916,000,000
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% 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
Daniel SkovronskyRSU12,684$13,631,241
Daniel SkovronskyRSU11,36312,211,589
David RicksRSU17,85019,183,038
Jake Van NaardenRSU2,6202,815,662
Lucas MontarceRSU2,3492,524,423
David RicksRSU22,08623,735,382
Jake Van NaardenRSU2,0542,207,393
David RicksRSU19,15820,588,719
Anat HakimRSU5,1955,582,963
Jake Van NaardenRSU4,2614,579,211
Lucas MontarceRSU4,7345,087,535
Anat HakimRSU3,8324,118,174
David RicksRSU20,19721,705,312
Anat HakimRSU3,3503,600,178
Anat HakimRSU5,6816,105,257
Anat HakimRSU3,5703,836,608
Daniel SkovronskyRSU7,2767,819,372
Daniel SkovronskyRSU10,39111,167,000
Daniel SkovronskyRSU6,7787,284,181
Lucas MontarceRSU4,3294,652,290
Lucas MontarceRSU518556,684
Lucas MontarceRSU482517,996
Jake Van NaardenRSU2,4402,622,219
David RicksRSU15,96617,158,341
Jake Van NaardenRSU3,8964,186,953
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation programs are designed to help us achieve these goals while balancing stakeholder interests. Reward Individual and Company Performance: We link pay to individual and company performance to reinforce a high-performance culture. As employees assume greater responsibilities, a greater proportion of total compensation is tied to company performance and shareholder returns.

CEO STI target (% of salary)175%
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-04731,998,71730,467,2782,302,68696%Passed
20252025-05-05731,376,57728,008,8771,781,40596.31%Passed
20242024-05-06734,022,95438,576,7571,815,40895.01%Passed
20232023-05-01742,589,83332,460,2891,786,21995.81%Passed
20222022-05-02737,935,21443,538,1541,841,48194.43%Passed

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
20262026-05-0496%a
20252025-05-0596.31%b
20242024-05-0695.01%c

a. Approved under the standard stated in the filing — “Advisory vote on compensation paid to named executive officers Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" No No effect”.

b. Approved under the standard stated in the filing — “Logistics--How to Vote ." Voting Matters and Board Recommendations Voting Matter Required Vote Board Vote Recommendation See Page Item 1 Election of four directors to serve three-year terms Majority of votes cast (for each nominee) FOR EACH NOMINEE 29 Item 2 Advisory vote on compensation paid to named executive officers Majority of votes cast FOR 44 Item 3 Ratification of the appointment of the independent auditor Majority of votes cast FOR 76 Item 4 Proposal to amend the company's articles of incorporation to eliminate the classified board structure 80% of outstanding shares FOR 79 Item 5 Proposal to eliminate supermajority voting provisions 80% of outsta ed Vote Voting Options Effect of Abstentions Broker Discretionary Voting Allowed? Effect of Broker Non-Votes Election of directors Majority of votes cast FOR, AGAINST or ABSTAIN (for each director nominee) No effect - not counted as a "vote cast" No No effect Advisory vote on compensation paid to named executive officers Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" No No effect Ratification of the appointment of the independent auditor Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" Yes Not applicable Proposal to amend the company's articles of incorporation to eliminate the ting.com/LLY2025 on Monday, May 5, 2025, at 8:30 a.m.”.

c. Approved under the standard stated in the filing — “ogistics--How to Vote ." 9 Voting Matters and Board Recommendations Voting Matter Required Vote Board Vote Recommendation See Page Item 1 Election of four directors to serve three-year terms Majority of votes cast (for each nominee) FOR EACH NOMINEE 31 Item 2 Advisory vote on compensation paid to named executive officers Majority of votes cast FOR 46 Item 3 Ratification of the appointment of the independent auditor Majority of votes cast FOR 81 Item 4 Proposal to amend the company's articles of incorporation to eliminate the classified board structure 80% of outstanding shares FOR 84 Item 5 Proposal to eliminate supermajority voting provisions 80% of outsta ed Vote Voting Options Effect of Abstentions Broker Discretionary Voting Allowed? Effect of Broker Non-Votes Election of directors Majority of votes cast FOR, AGAINST or ABSTAIN (for each director nominee) No effect - not counted as a "vote cast" No No effect Advisory vote on compensation paid to named executive officers Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" No No effect Ratification of the appointment of the independent auditor Majority of votes cast FOR, AGAINST or ABSTAIN No effect - not counted as a "vote cast" Yes Not applicable Proposal to amend the company's articles of incorporation to eliminate the meeting.com/LLY2024 on Monday, May 6, 2024, at 8:30 a.m.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)293 : 1
CEO total compensation$36,698,337
Median employee compensation$125,100
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Juan LucianoIndependent · Lead Independent Director · Directors and Corporate Governance (Chair) · Talent and Compensation$178,000$220,000$0$0$398,000
William Kaelin JrIndependent · Directors and Corporate Governance · Science and Technology (Chair)142,000220,0000030,000392,000
Jamere JacksonIndependent · Audit (Chair) · Directors and Corporate Governance148,000220,00000368,000
Gabrielle SulzbergerIndependent · Audit · Directors and Corporate Governance119,000220,0000026,500365,500
Ralph AlvarezIndependent · Audit · Talent and Compensation (Chair)141,000220,00000361,000
Katherine BaickerIndependent · Science and Technology · Ethics and Compliance (Chair)141,000220,00000361,000
Jonathan MoellerIndependent · Audit · Directors and Corporate Governance119,000238,33300357,333
J. Erik FyrwaldIndependent · Talent and Compensation · Science and Technology119,000220,000004,803343,803
Mary Lynne HedleyIndependent · Science and Technology · Ethics and Compliance119,000220,00000339,000
Kimberly JohnsonIndependent · Talent and Compensation · Ethics and Compliance116,000220,00000336,000
Carolyn BertozziIndependent · Science and Technology · Ethics and Compliance · Newly elected7,67707,677
David A. RicksEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$220,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)29,000 / 22,000 / 22,000
Stock ownership guideline5x annual retainer ($550,000)
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,349,677
Equity awards (grant-date value)$2,218,333
All other compensation$61,303
Total cost of the board$3,629,313

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

10

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.

10a

Peer reciprocity

Of the companies ELI LILLY & Co 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 ELI LILLY & Co.

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
1Broadcom2025Hock Tan$1,200,000$202,351,080$0$0$205,278,006
2Intel2025Lip-Bu Tan746,20049,639,50039,523,2002,374,00092,990,900
3Apple2025Tim Cook3,000,00057,535,293012,000,00074,294,811
4Advanced Micro Devices2025Lisa T. Su1,291,25841,669,3908,951,5133,125,43055,161,779
5Cisco2025Charles Robbins1,390,00045,870,69005,117,42452,838,751
6Adobe2025Shantanu Narayen1,500,00045,376,11003,120,00051,173,935
7Salesforce2026Marc Benioff1,550,00027,265,36010,743,0973,602,58849,379,252
8IBM2025Arvind Krishna1,500,00023,988,5866,606,3125,250,00037,989,685
9ELI LILLY & Co2025David Ricks1,700,00023,325,00006,485,50036,698,337
10NVIDIA2026Jen-Hsun Huang1,497,62724,800,51106,000,00036,343,830
11Nike2026Elliott Hill1,500,00028,137,7983,967,1132,220,00036,340,876
12Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
13AbbVie2025Robert Michael1,700,00013,268,4563,199,1545,200,00032,530,984
14Coca-Cola2025James Quincey1,675,00012,516,10910,352,2555,025,00031,208,165
15Micron2025Sanjay Mehrotra1,446,18525,360,02903,894,99030,940,146
16Qualcomm2025Cristiano Amon1,350,00024,162,04303,186,00029,701,097
17Applied Materials2025Gary Dickerson1,030,00026,944,99501,506,37529,649,352
18Gilead Sciences2025Daniel O'Day1,795,19215,238,4024,500,0604,848,12028,437,198
19Pfizer2025Albert Bourla1,800,0009,442,7058,998,1415,400,00027,585,301
20Amgen2025Robert Bradway1,925,40912,599,5895,399,9963,907,00024,693,120
21Abbott Laboratories2025Robert Ford1,500,0008,787,3788,788,4301,968,75024,198,660
22Danaher2025Rainer Blair1,400,0009,292,3708,386,6574,194,40023,795,280
23Medtronic2026Geoffrey Martha1,399,03913,672,2005,175,5592,307,20022,940,252
24Bristol-Myers Squibb2025Christopher Boerner1,586,34616,061,39903,754,68421,879,919
25Stryker2025Kevin Lobo1,500,00016,684,91702,250,00021,401,495
26McDonald's2025Christopher Kempczinski1,550,0008,000,2158,000,0662,367,16020,574,525
27Honeywell2025Vimal Kapur1,600,00010,866,2693,623,9143,516,80020,381,435
28Tesla2024Elon Musk00000
GlaxoSmithKlinenot in coverage universe
AstraZenecanot in coverage universe
Sanofinot 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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
ELI LILLY & Co218%PSU 100NoFW Cook
Abbott Laboratories75.0%Options 50 · PSU 50NoMeridian Compensation Partners, LLC
AbbVienot disclosedPSU 40 · RSU 40 · Options 20Yes — Relative TSRSemler Brossy
Adobe104%PSU 70 · RSU 30YesCompensia, Inc.
Advanced Micro Devices121%not disclosedYes — Total Shareholder Return (TSR) - Percentile Rank vs S&P 500Compensia
Amgen136.0%PSU 50 · Options 30 · RSU 20Yes — relative TSRFrederic W. Cook & Co., Inc. (FW Cook)
Applenot disclosednot disclosednot disclosedPay Governance LLC
Applied Materials97.5%PSU 75 · RSU 25Yes — Relative TSR vs S&P 500Semler Brossy Consulting Group
AstraZenecanot disclosednot disclosednot disclosednot disclosed
Bristol-Myers Squibb157.66%PSU 60 · MSU 40Yes — 3-Year Relative TSR CAGRFarient Advisors LLC
Broadcom145%PSU 100NoMeridian Compensation Partners
Cisco142%PSU 60 · RSU 40Yes — Relative TSRExequity
Coca-Cola150%PSU 50 · Options 50Yes — Relative TSR modifierMeridian Compensation Partners, LLC
Danahernot disclosedOptions 50 · RSU 50not disclosedFW Cook
Gilead Sciences180%PSU 50 · Options 25 · RSU 25Yes — Relative TSRFW Cook
GlaxoSmithKlinenot disclosednot disclosednot disclosednot disclosed
Honeywell126%PSU 50 · Options 25 · RSU 25Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Groupnot disclosed
IBM150%not disclosedYes — Relative Total Shareholder Return (rTSR)Semler Brossy
Intel118.7%PSU 60 · Options 40Yes — TSR relative to S&P 500 IndexSemler Brossy
Johnson & Johnsonnot disclosednot disclosednot disclosedSemler Brossy Consulting Group
McDonald'snot disclosedPRSU 50 · Option 50not disclosedSemler Brossy Consulting Group LLC
Medtronic103%PSU 50 · Options 30 · RSU 20NoSemler Brossy
Micronnot disclosedPRSU 65 · RSA 35not disclosedCompensia, Inc.
Nike74%PSU 50 · Options 25 · RSU 25Yes — Relative TSRNone retained in fiscal 2026 (market data supplemented via Aon, Willis Towers Watson, and Mercer)
NVIDIA200%PSU 100Yes — TSR relative to the S&P 500Semler Brossy
Pfizer150%PSU 50 · MSU 50Yes — relative TSR as compared to the NYSE Arca Pharmaceutical Index (DRG Index or DRG)Meridian Compensation Partners, LLC
Qualcomm118%PSU 60 · RSU 40Yes — Relative Total Stockholder Return (RTSR)Pay Governance
Salesforce103.3%PSU 67 · Options 33Yes — Relative TSRSemler Brossy
Sanofinot disclosednot disclosednot disclosednot disclosed
Stryker100%PSU 48 · Options 34NoSemler Brossy
Teslanot disclosedOptions 80 · RSU 20NoCompensia, Inc.

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at ELI LILLY & Co in fiscal 2025?
The highest-paid executive at ELI LILLY & Co in fiscal 2025 was David Ricks, Chair, President, and Chief Executive Officer, with total compensation of $36,698,337.
How does ELI LILLY & Co's chief executive pay compare to its disclosed peer group?
As disclosed, the CEO pay percentile of disclosed peers was the 69th percentile.
What is ELI LILLY & Co's CEO-to-median employee pay ratio?
The filing shows the CEO-to-median employee pay ratio was 293:1.
How did shareholders vote on ELI LILLY & Co's executive compensation?
Shareholders voted 96% in support of the latest executive compensation proposal.
How much does ELI LILLY & Co spend in total on board compensation for fiscal 2025?
The company reported total board compensation for fiscal 2025 as $3,629,313.

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, David RicksDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 36,698,337. Filing ↗machine: t92 · r2 · c20 · span 925013–925024
2Section 01, Daniel SkovronskyDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 17,786,576. Filing ↗machine: t92 · r7 · c20 · span 939890–939901
3Section 01, Anat HakimDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 9,845,518. Filing ↗machine: t92 · r10 · c20 · span 948875–948885
4Section 01, Lucas MontarceDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 8,483,315. Filing ↗machine: t92 · r5 · c20 · span 933980–933990
5Section 01, Jake Van NaardenDEF 14A2026-03-200000059478-26-000029Section “Summary Compensation Table” · page 7. As printed: 7,586,097. Filing ↗machine: t92 · r13 · c20 · span 957235–957245
6Section 03, Lucas Montarce PSU_SVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r7 · c6 · span 998525–998534
7Section 03, Daniel Skovronsky PSU_SVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r12 · c11 · span 1007366–1007375
8Section 03, David Ricks PSU_RVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r4 · c14 · span 993761–993771
9Section 03, Lucas Montarce PSU_RVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r7 · c6 · span 998525–998534
10Section 03, Anat Hakim PSU_RVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r16 · c11 · span 1014046–1014055
11Section 03, Jake Van Naarden PSU_SVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r20 · c11 · span 1020646–1020655
12Section 03, Anat Hakim PSU_SVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r16 · c11 · span 1014046–1014055
13Section 03, David Ricks PSU_SVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r4 · c14 · span 993761–993771
14Section 03, Jake Van Naarden PSU_RVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r20 · c11 · span 1020646–1020655
15Section 03, Daniel Skovronsky PSU_RVADEF 14A2026-03-200000059478-26-000029Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t94 · r12 · c11 · span 1007366–1007375
16Section 07, pay ratioDEF 14A2026-03-200000059478-26-000029Section “CEO Pay Ratio”. As printed: 293 : 1. Filing ↗machine: t102 · r3 · c1 · span 1213158–1213166
17Section 08, Juan LucianoDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 398,000. Filing ↗machine: t44 · r10 · c7 · span 501555–501562
18Section 08, William Kaelin JrDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 392,000. Filing ↗machine: r9 · c7 · span 500142–500149
19Section 08, Jamere JacksonDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 368,000. Filing ↗machine: t44 · r7 · c7 · span 497492–497499
20Section 08, Gabrielle SulzbergerDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 365,500. Filing ↗machine: t44 · r12 · c7 · span 504208–504215
21Section 08, Ralph AlvarezDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 361,000. Filing ↗machine: t44 · r2 · c7 · span 490930–490937
22Section 08, Katherine BaickerDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 361,000. Filing ↗machine: t44 · r3 · c7 · span 492196–492203
23Section 08, Jonathan MoellerDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 357,333. Filing ↗machine: t44 · r11 · c7 · span 502793–502800
24Section 08, J. Erik FyrwaldDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 343,803. Filing ↗machine: t44 · r5 · c7 · span 494842–494849
25Section 08, Mary Lynne HedleyDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 339,000. Filing ↗machine: t44 · r6 · c7 · span 496254–496261
26Section 08, Kimberly JohnsonDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 336,000. Filing ↗machine: t44 · r8 · c7 · span 498906–498913
27Section 08, Carolyn BertozziDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 7,677. Filing ↗machine: t44 · r4 · c1 · span 492728–492733
28Section 08, David A. RicksDEF 14A2026-03-200000059478-26-000029Section “Director Compensation”. As printed: 0. Filing ↗
29Section 02, Ralph Alvarez 2026-04-20Form 42026-04-210000059478-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, J. Erik Fyrwald 2026-04-20Form 42026-04-210000059478-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Juan Luciano 2026-04-20Form 42026-04-210000059478-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Gabrielle Sulzberger 2026-04-20Form 42026-04-210001262388-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, LILLY ENDOWMENT INC 2026-05-06Form 42026-05-070000316011-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, LILLY ENDOWMENT INC 2026-05-06Form 42026-05-070000316011-26-000015Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Juan Luciano 2026-05-18Form 42026-05-190000059478-26-000055Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Ralph Alvarez 2026-05-18Form 42026-05-190001310215-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Gabrielle Sulzberger 2026-05-18Form 42026-05-190001262388-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, J. Erik Fyrwald 2026-05-18Form 42026-05-190000059478-26-000053Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Ilya Yuffa 2026-06-10Form 42026-06-110001826001-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Gabrielle Sulzberger 2026-06-15Form 42026-06-160001262388-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Ralph Alvarez 2026-06-15Form 42026-06-160001310215-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Juan Luciano 2026-06-15Form 42026-06-160000059478-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, J. Erik Fyrwald 2026-06-15Form 42026-06-160000059478-26-000057Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, J. Erik Fyrwald 2026-07-20Form 42026-07-210000059478-26-000066Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Juan Luciano 2026-07-20Form 42026-07-210000059478-26-000068Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Ralph Alvarez 2026-07-20Form 42026-07-210001310215-26-000013Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Gabrielle Sulzberger 2026-07-20Form 42026-07-210001262388-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
48Section 06, 2026 voteForm 8-K2026-05-070000059478-26-000048Item 5.07 · say-on-pay result. As reported: 96% (votes for as printed: 731,998,717). Filing ↗
49Section 06, 2025 voteForm 8-K2025-05-080000059478-25-000138Item 5.07 · say-on-pay result. As reported: 96.31% (votes for as printed: 731,376,577). Filing ↗
50Section 06, 2024 voteForm 8-K2024-05-090000059478-24-000127Item 5.07 · say-on-pay result. As reported: 95.01% (votes for as printed: 734,022,954). Filing ↗
51Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
52Section 09b board cost (computed)ComputedcomputedCash 1,349,677 + equity 2,218,333 + all other 61,303 = 3,629,313, summed across the director compensation table rows.machine: formula: Σ = 3,629,313
53Broadcom, Section 10b CEO totalDEF 14A2026-03-020001193125-26-085691CEO total compensation as printed in Broadcom's own proxy. As printed: 205,278,006. Filing ↗machine: span 845048–845059
54Intel, Section 10b CEO totalDEF 14A2026-03-230000050863-26-000061CEO total compensation as printed in Intel's own proxy. As printed: 92,990,900. Filing ↗machine: r2 · c24 · span 1612980–1612990
55Apple, Section 10b CEO totalDEF 14A2026-01-080001308179-26-000008CEO total compensation as printed in Apple's own proxy. As printed: 74,294,811. Filing ↗machine: span 549351–549361
56Advanced Micro Devices, Section 10b CEO totalDEF 14A2026-03-270001193125-26-129057CEO total compensation as printed in Advanced Micro Devices's own proxy. As printed: 55,161,779. Filing ↗machine: t283 · r6 · c31 · span 888633–888643
57Cisco, Section 10b CEO totalDEF 14A2025-10-280000858877-25-000150CEO total compensation as printed in Cisco's own proxy. As printed: 52,838,751. Filing ↗machine: r2 · c33 · span 1073719–1073729
58Adobe, Section 10b CEO totalDEF 14A2026-02-270000796343-26-000043CEO total compensation as printed in Adobe's own proxy. As printed: 51,173,935. Filing ↗machine: r3 · c51 · span 923759–923769
59Salesforce, Section 10b CEO totalDEF 14A2026-04-160001108524-26-000085CEO total compensation as printed in Salesforce's own proxy. As printed: 49,379,252. Filing ↗machine: r4 · c24 · span 1710833–1710843
60IBM, Section 10b CEO totalDEF 14A2026-03-100000051143-26-000025CEO total compensation as printed in IBM's own proxy. As printed: 37,989,685. Filing ↗machine: r11 · c51 · span 1119293–1119303
61ELI LILLY & Co (subject), Section 10b CEO totalDEF 14A2026-03-200000059478-26-000029CEO total compensation as printed in ELI LILLY & Co's own proxy. As printed: 36,698,337. Filing ↗machine: t92 · r2 · c20 · span 925013–925024
62NVIDIA, Section 10b CEO totalDEF 14A2026-05-120001045810-26-000036CEO total compensation as printed in NVIDIA's own proxy. As printed: 36,343,830. Filing ↗machine: span 967967–967977
63Nike, Section 10b CEO totalDEF 14A2026-07-150000320187-26-000089CEO total compensation as printed in Nike's own proxy. As printed: 36,340,876. Filing ↗machine: t55 · r2 · c10 · span 647557–647567
64Johnson & Johnson, Section 10b CEO totalDEF 14A2026-03-110000200406-26-000063CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. Filing ↗machine: r3 · c27 · span 1621235–1621246
65AbbVie, Section 10b CEO totalDEF 14A2026-03-230001104659-26-033387CEO total compensation as printed in AbbVie's own proxy. As printed: 32,530,984. Filing ↗machine: t210 · r9 · c26 · span 1414083–1414093
66Coca-Cola, Section 10b CEO totalDEF 14A2026-03-160001104659-26-028215CEO total compensation as printed in Coca-Cola's own proxy. As printed: 31,208,165. Filing ↗machine: t286 · r11 · c26 · span 3291227–3291237
67Micron, Section 10b CEO totalDEF 14A2025-11-250000723125-25-000038CEO total compensation as printed in Micron's own proxy. As printed: 30,940,146. Filing ↗machine: span 883624–883634
68Qualcomm, Section 10b CEO totalDEF 14A2026-01-220001104659-26-005781CEO total compensation as printed in Qualcomm's own proxy. As printed: 29,701,097. Filing ↗machine: r1 · c36 · span 1336468–1336478
69Applied Materials, Section 10b CEO totalDEF 14A2026-01-280001193125-26-027307CEO total compensation as printed in Applied Materials's own proxy. As printed: 29,649,352. Filing ↗machine: span 1076045–1076055
70Gilead Sciences, Section 10b CEO totalDEF 14A2026-03-200001308179-26-000106CEO total compensation as printed in Gilead Sciences's own proxy. As printed: 28,437,198. Filing ↗machine: t414 · r1 · c29 · span 989582–989592
71Pfizer, Section 10b CEO totalDEF 14A2026-03-120000078003-26-000033CEO total compensation as printed in Pfizer's own proxy. As printed: 27,585,301. Filing ↗machine: t242 · r3 · c12 · span 1506825–1506835
72Amgen, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145588CEO total compensation as printed in Amgen's own proxy. As printed: 24,693,120. Filing ↗machine: span 1591156–1591166
73Abbott Laboratories, Section 10b CEO totalDEF 14A2026-03-130001308179-26-000064CEO total compensation as printed in Abbott Laboratories's own proxy. As printed: 24,198,660. Filing ↗machine: span 1245488–1245498
74Danaher, Section 10b CEO totalDEF 14A2026-03-250000313616-26-000101CEO total compensation as printed in Danaher's own proxy. As printed: 23,795,280. Filing ↗machine: t122 · r2 · c21 · span 1070180–1070190
75Medtronic, Section 10b CEO totalDEF 14A2026-08-170001613103-26-000010CEO total compensation as printed in Medtronic's own proxy. As printed: 22,940,252. Filing ↗machine: span 988220–988230
76Bristol-Myers Squibb, Section 10b CEO totalDEF 14A2026-03-250000014272-26-000006CEO total compensation as printed in Bristol-Myers Squibb's own proxy. As printed: 21,879,919. Filing ↗machine: t168 · r3 · c15 · span 1302160–1302170
77Stryker, Section 10b CEO totalDEF 14A2026-03-230000310764-26-000013CEO total compensation as printed in Stryker's own proxy. As printed: 21,401,495. Filing ↗machine: t101 · r2 · c7 · span 1584979–1584989
78McDonald's, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145548CEO total compensation as printed in McDonald's's own proxy. As printed: 20,574,525. Filing ↗machine: r4 · c25 · span 2683025–2683035
79Honeywell, Section 10b CEO totalDEF 14A2026-04-100000773840-26-000029CEO total compensation as printed in Honeywell's own proxy. As printed: 20,381,435. Filing ↗machine: span 2093429–2093439
80Tesla, Section 10b CEO totalDEF 14A2025-09-170001104659-25-090866CEO total compensation as printed in Tesla's own proxy. As printed: 0. Filing ↗
81Section 10a, Broadcom reciprocityDEF 14A0001193125-26-085691Broadcom's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
82Section 10a, Cisco reciprocityDEF 14A0000858877-25-000150Cisco's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
83Section 10a, Coca-Cola reciprocityDEF 14A0001104659-26-028215Coca-Cola's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
84Section 10a, IBM reciprocityDEF 14A0000051143-26-000025IBM's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
85Section 10a, Intel reciprocityDEF 14A0000050863-26-000061Intel's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
86Section 10a, NVIDIA reciprocityDEF 14A0001045810-26-000036NVIDIA's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
87Section 10a, Nike reciprocityDEF 14A0000320187-26-000089Nike's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
88Section 10a, Salesforce reciprocityDEF 14A0001108524-26-000085Salesforce's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
89Section 10a, Pfizer reciprocityDEF 14A0000078003-26-000033Pfizer names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, AbbVie reciprocityDEF 14A0001104659-26-033387AbbVie names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, Amgen reciprocityDEF 14A0001193125-26-145588Amgen names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
92Section 10a, Bristol-Myers Squibb reciprocityDEF 14A0000014272-26-000006Bristol-Myers Squibb names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
93Section 10a, Gilead Sciences reciprocityDEF 14A0001308179-26-000106Gilead Sciences names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
94Section 10a, Stryker reciprocityDEF 14A0000310764-26-000013Stryker names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
95Section 10a, Apple reciprocityDEF 14A0001308179-26-000008Apple's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
96Section 10a, Johnson & Johnson reciprocityDEF 14A0000200406-26-000063Johnson & Johnson names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
97Section 10a, Advanced Micro Devices reciprocityDEF 14A0001193125-26-129057Advanced Micro Devices's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
98Section 10a, Applied Materials reciprocityDEF 14A0001193125-26-027307Applied Materials's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗
99Section 10a, Danaher reciprocityDEF 14A0000313616-26-000101Danaher names ELI LILLY & Co in its own disclosed peer group (read from its most recent proxy). Filing ↗
100Section 10a, Honeywell reciprocityDEF 14A0000773840-26-000029Honeywell's most recent proxy was read; its disclosed peer group does not include ELI LILLY & Co. Filing ↗