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

MeiraGTx Holdings (MGTX)

CEO Alexandria Forbes was paid $8,330,006 in fiscal year 2025, ↑ up 21.2% from fiscal year 2024 (SEC filing 0001104659-26-052190 ↗): 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

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Sample answer — “What is the CEO’s total compensation?”
- Alexandria Forbes (President and Chief Executive Officer), FY2025 total compensation $8,330,006 (base salary $840,000) [exec_comp, SEC accession 0001104659-26-052190, filed 2026-04-30]

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MGTX's next annual pay disclosure, estimated April 30, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Alexandria Forbes$840,000$1,645,506$5,823,500———$21,000$8,330,006
President and Chief Executive Officer
Richard Giroux714,0001,590,0005,823,500———21,0008,148,500
Chief Financial Officer and Chief Operating Officer
Robert Zeldin543,423500,000551,700———21,0001,616,123
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 FY2024→2025
Alexandria Forbes$8,330,006$6,875,603$6,336,832↑ +1,454,403
Richard Giroux8,148,5006,693,9004,981,750↑ +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.

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Companies that benchmark against MGTX
5 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.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Debra Yu, M.DIndependent Director$389,050
Ellen Hukkelhoven, Ph.DDirector$296,550
Keith R. Harris, Ph.DChair of the Board$674,250
Lord MendozaIndependent Director$396,550
Nicole SeligmanIndependent Director$406,050
Thomas E. Shenk, Ph.DIndependent Director$398,550
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 ForbesRSU62,500—$496,875
Richard GirouxRSU52,500—417,375
Alexandria ForbesRSU950,000—7,552,500
Richard GirouxRSU950,000—7,552,500
Alexandria ForbesRSU620,000—4,929,000
Richard GirouxRSU620,000—4,929,000
Alexandria ForbesRSU125,000—993,750
Richard GirouxRSU120,000—954,000
Robert ZeldinRSU90,000—715,500
Robert ZeldinRSU70,000—556,500
Robert ZeldinRSU17,500—139,125
Robert ZeldinRSU15,000—119,250
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 consultantTotal Compensation Solutions
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
20232023-06-08—————

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
20232023-06-08—b

a. Voting standard not stated in the filing.

b. 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$180,000$494,250$0——$674,250
Nicole SeligmanIndependent · Audit · Governance (Chair) · Technology109,500296,5500——406,050
Thomas E. Shenk, Ph.DIndependent · Audit · Science and Technology (Chair)102,000296,5500——398,550
Lord MendozaIndependent · Compensation · Governance · Technology100,000296,5500——396,550
Debra Yu, M.DIndependent · Compensation · Science and Technology92,500296,5500——389,050
Ellen Hukkelhoven, Ph.DNot independent0296,5500——296,550
Alexandria Forbes, Ph.DEmployee director · Science and Technology—————0
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)25,000 / 20,000 / 15,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$584,000
Equity awards (grant-date value)$1,977,000
All other compensation$0
Total cost of the board$2,561,000

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$5,823,500——$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.

10d

Frequently asked questions

Who was the highest-paid executive at MeiraGTx Holdings in fiscal 2025?
As disclosed, Alexandria Forbes (President and Chief Executive Officer) was the highest-paid executive at MeiraGTx Holdings in fiscal 2025, with total compensation of $8,330,006.
How did shareholders vote on MeiraGTx Holdings's executive compensation?
As disclosed, 99.26% of shareholders supported MeiraGTx Holdings's executive compensation in the latest say-on-pay vote.
How much does MeiraGTx Holdings spend in total on board compensation for fiscal 2025?
As disclosed, MeiraGTx Holdings reported total board compensation of $2,561,000 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 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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Alexandria ForbesDEF 14A2026-04-300001104659-26-052190Section “2025 Summary Compensation Table” · page 24. As printed: 8,330,006. View filing ↗
2Section 01, Richard GirouxDEF 14A2026-04-300001104659-26-052190Section “2025 Summary Compensation Table” · page 24. As printed: 8,148,500. View filing ↗
3Section 01, Robert ZeldinDEF 14A2026-04-300001104659-26-052190Section “2025 Summary Compensation Table” · page 24. As printed: 1,616,123. View filing ↗
4Section 08, Keith R. Harris, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 674,250. View filing ↗
5Section 08, Nicole SeligmanDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 406,050. View filing ↗
6Section 08, Thomas E. Shenk, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 398,550. View filing ↗
7Section 08, Lord MendozaDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 396,550. View filing ↗
8Section 08, Debra Yu, M.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 389,050. View filing ↗
9Section 08, Ellen Hukkelhoven, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 296,550. View filing ↗
10Section 08, Alexandria Forbes, Ph.DDEF 14A2026-04-300001104659-26-052190Section “Director Compensation”. As printed: 0. View filing ↗
11Section 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). View filing ↗
12Section 06, 2023 voteForm 8-K2023-06-120001558370-23-010991Item 5.07 · say-on-pay result. As reported: —. View filing ↗
13Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.
14Section 09b board cost (computed)Computed——Cash 584,000 + equity 1,977,000 + all other 0 = 2,561,000, summed across the director compensation table rows.
15MeiraGTx 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. View filing ↗