Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-30

MeiraGTx Holdings (MGTX)

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.

$8,330,006
Alexandria Forbes total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
99.26%
Say-on-pay support, latest vote
Companies that benchmark against MGTX
3 companies name MGTX as a compensation peer

Each company listed discloses MGTX 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 MGTX 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
Alexandria Forbes$840,000$1,645,506$21,000$8,330,006
President and Chief Executive Officer
Richard Giroux714,0001,590,00021,0008,148,500
Chief Financial Officer and Chief Operating Officer
Robert Zeldin543,423500,000551,70021,0001,616,123
Chief Medical 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 FY20242025
Alexandria Forbes$8,330,006$6,875,603+1,454,403
Richard Giroux8,148,5006,693,900+1,454,600
Robert Zeldin1,616,123

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

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Alexandria ForbesRSU620,000$4,929,000
Robert ZeldinRSU70,000556,500
Alexandria ForbesRSU950,0007,552,500
Richard GirouxRSU950,0007,552,500
Richard GirouxRSU620,0004,929,000
Alexandria ForbesRSU125,000993,750
Richard GirouxRSU120,000954,000
Robert ZeldinRSU90,000715,500
Alexandria ForbesRSU62,500496,875
Richard GirouxRSU52,500417,375
Robert ZeldinRSU17,500139,125
Robert ZeldinRSU15,000119,250
Alexandria ForbesOption65,6258.6
Richard GirouxOption39,6758.6
Robert ZeldinOption62521.53
Robert ZeldinOption8,7508.6
Robert ZeldinOption15,6256.16
05

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee seeks to reward executives for the Company's accomplishments and reflect a desire to recognize the achievement of goals intended to increase shareholder value, while enhancing the retention of key executives who help drive this performance.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-06-0649,265,710367,18546,17399.26%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
20242024-06-0699.26%a

a. 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
Keith R. Harris, Ph.DIndependent · Board Chair · Audit (Chair) · Compensation (Chair) · Nominating and Corporate Governance · Science and Technology$180,000$494,250$0$674,250
Nicole SeligmanIndependent · Audit · Governance (Chair) · Technology109,500296,5500406,050
Thomas E. Shenk, Ph.DIndependent · Audit · Science and Technology (Chair)102,000296,5500398,550
Lord MendozaIndependent · Compensation · Governance · Technology100,000296,5500396,550
Debra Yu, M.DIndependent · Compensation · Science and Technology92,500296,5500389,050
Ellen Hukkelhoven, Ph.DNot independent0296,5500296,550
Keith R. HarrisIndependent · Audit (Chair) · Compensation (Chair) · Governance180,000180,000
Thomas E. ShenkIndependent · Audit · Technology (Chair)102,000102,000
Alexandria Forbes, Ph.DEmployee director · Nominating and Corporate Governance · Science and Technology0
Ellen HukkelhovenIndependent0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$45,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)13,000 / 10,000 / 7,500
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$866,000
Equity awards (grant-date value)$1,977,000
All other compensation$0
Total cost of the board$2,843,000

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
1MeiraGTx Holdings2025Alexandria Forbes$840,000$8,330,006

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.

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, Alexandria ForbesDEF 14A2026-04-300001104659-26-052190Section “2025 Summary Compensation Table” · page 24. As printed: 8,330,006. Filing ↗
2Section 01, Richard GirouxDEF 14A2026-04-300001104659-26-052190Section “2025 Summary Compensation Table” · page 24. As printed: 8,148,500. Filing ↗
3Section 01, Robert ZeldinDEF 14A2026-04-300001104659-26-052190Section “2025 Summary Compensation Table” · page 24. As printed: 1,616,123. Filing ↗
4Section 08, Keith R. Harris, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 674,250. Filing ↗
5Section 08, Nicole SeligmanDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 406,050. Filing ↗
6Section 08, Thomas E. Shenk, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 398,550. Filing ↗
7Section 08, Lord MendozaDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 396,550. Filing ↗
8Section 08, Debra Yu, M.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 389,050. Filing ↗
9Section 08, Ellen Hukkelhoven, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 296,550. Filing ↗
10Section 08, Keith R. HarrisDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 180,000. Filing ↗
11Section 08, Thomas E. ShenkDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 102,000. Filing ↗
12Section 08, Alexandria Forbes, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Ellen HukkelhovenDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: —. Filing ↗
14Section 06, 2024 voteForm 8-K2024-06-100001558370-24-009041Item 5.07 · say-on-pay result. As reported: 99.26% (votes for as printed: 49,265,710). Filing ↗
15Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
16Section 09b board cost (computed)ComputedcomputedCash 866,000 + equity 1,977,000 + all other 0 = 2,843,000, summed across the director compensation table rows.machine: formula: Σ = 2,843,000
17MeiraGTx Holdings (subject), Section 10b CEO totalDEF 14A2026-04-300001104659-26-052190CEO total compensation as printed in MeiraGTx Holdings's own proxy. As printed: 8,330,006. Filing ↗