Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-07-22

Merus (MRUS)

Fiscal year 2024 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.

$9,643,774
Sven (Bill) Ante Lundberg total, FY2024
41st
CEO pay percentile vs peers
47:1
CEO-to-median pay ratio
99.63%
Say-on-pay support, latest vote
Companies that benchmark against MRUS
1 company names MRUS as a compensation peer

Each company listed discloses MRUS 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 MRUS 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 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Sven (Bill) Ante Lundberg$676,000$0$0$8,403,120$527,280$0$37,374$9,643,774
President, Chief Executive Officer
Fabian Zohren251,500006,557,292129,27105,6596,943,722
Chief Medical Officer
Peter Silverman529,650002,504,597331,297034,2233,399,767
Chief Operating Officer and General Counsel
Greg Perry493,500002,504,597253,659010,3503,262,106
Chief Financial Officer
Andrew Joe246,376002,504,59700375,1593,126,132
Former 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Sven (Bill) Ante Lundberg$9,643,774$4,671,327$5,744,794+4,972,447
Fabian Zohren6,943,722
Peter Silverman3,399,7671,948,4821,968,197+1,451,285
Greg Perry3,262,1066,207,522−2,945,416
Andrew Joe3,126,1321,664,3382,059,749+1,461,794

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.

03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Greg PerryOPTION2024-05-07107,300$2,504,597
Sven (Bill) Ante LundbergOPTION2024-05-07360,0008,403,120
Peter SilvermanOPTION2024-05-07107,3002,504,597
Fabian ZohrenOPTION2024-07-01183,9436,557,292
Andrew JoeOPTION2024-05-07107,3002,504,597
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Greg Perry$0$0$2,504,5970.0%
Sven (Bill) Ante Lundberg008,403,1200.0%
Peter Silverman002,504,5970.0%
Fabian Zohren006,557,2920.0%
Andrew Joe002,504,5970.0%

% 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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Greg PerryRSU139,846$233,078
Sven (Bill) Ante LundbergOption7,66724.43
Sven (Bill) Ante LundbergOption79,89624.61
Peter SilvermanOption1,56324.43
Peter SilvermanOption54,16716.07
Fabian ZohrenOption183,94354.45
Andrew JoeOption15,60513.77
Andrew JoeOption104,00016.07
Andrew JoeOption43,23024.61
Peter SilvermanOption107,30036.06
Greg PerryRSU4,9838,305
Sven (Bill) Ante LundbergOption2,77036.09
Greg PerryOption107,30036.09
Sven (Bill) Ante LundbergOption197,91716.07
Sven (Bill) Ante LundbergOption357,23036.09
Peter SilvermanOption22,48024.61
Peter SilvermanOption10,41715.87
Andrew JoeOption20,31324.43
05

Incentive-plan design — the Compensation Discussion & Analysis

We target the 50th percentile of the peer group, with variations as appropriate based on a unique combination of factors such as experience, performance, tenure, and criticality of role, among other relevant factors, with actual compensation received designed to reflect the combination of corporate and individual performance.

CEO STI target (% of salary)60%
CEO LTI target (% of salary)
Independent consultantPearl Meyer
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-05-0742,134,653154,9341,47099.63%Passed
20232023-05-2635,684,678408,195254,17798.87%Passed
20222022-05-3121,072,7355,161,8384,083,39780.32%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
20242024-05-0799.63%a
20232023-05-2698.87%b
20222022-05-3180.32%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.

07

CEO pay ratio

Ratio (CEO : median employee)47 : 1
CEO total compensation
Median employee compensation$204,923
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jason HaddockIndependent · Audit (Chair) · Newly elected$40,098$0$600,000$640,098
Anand MehraIndependent · Board Chair · Nomination and Corporate Governance (Chair)172,2010300,000472,201
Victor SandorIndependent58,4950300,00013,312371,807
Mark IwickiIndependent · Compensation (Chair) · Nomination and Corporate Governance66,2200300,000366,220
Paolo PucciIndependent · Audit · Compensation63,2740300,000363,274
Maxine GowenIndependent · Audit60,0400300,000360,040
Len KanavyIndependent · Audit · Nomination and Corporate Governance58,4950300,000358,495
Sven (Bill) Ante LundbergEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$43,045
Annual equity retainer$300,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)9,270 / 7,815 / 15,450
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$518,823
Equity awards (grant-date value)$0
All other compensation$13,312
Total cost of the board$532,135

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

10

Disclosed peer group — fiscal year 2024

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 Merus 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 Merus.

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
1Immunovant, Inc.2026Eric Venker$636,618$0$19,010,639$0$20,158,767
2Madrigal Pharmaceuticals Inc.2025Bill Sibold918,53112,297,8504,537,1461,438,81419,206,341
3SpringWorks Therapeutics, Inc.2024Saqib Islam760,0007,899,7606,689,100798,00016,153,317
4Revolution Medicines, Inc.2025Mark Goldsmith812,5003,968,0768,995,114889,70014,672,390
5Biohaven Ltd.2025Vlad Coric920,4002,202,4809,900,043013,500,438
6ImmunityBio, Inc.2025Richard Adcock831,6672,787,8288,353,406485,16612,716,953
7Cytokinetics, Inc.2025Robert Blum853,0695,150,0195,095,918772,71511,881,456
8Crinetics Pharmaceuticals, Inc.2025R. Scott Struthers718,5003,280,5407,160,564462,35511,628,959
9Krystal Biotech, Inc.2025Krish Krishnan846,1674,104,8254,675,093010,442,485
10Arcus Biosciences, Inc.2025Terry Rosen775,0002,199,4506,008,860658,7509,656,813
11Merus2024Sven (Bill) Ante Lundberg676,00008,403,120527,2809,643,774
12IDEAYA Biosciences, Inc.2025Yujiro Hata700,00008,418,840378,0009,512,640
13Arrowhead Pharmaceuticals, Inc.2025Christopher Anzalone981,0466,810,29201,236,0009,029,861
14Syndax Pharmaceuticals, Inc.2025Michael Metzger754,3002,021,9653,454,360848,5887,089,213
15Arvinas, Inc.2025John Houston706,2362,685,8402,671,051457,0006,534,127
16Celldex Therapeutics, Inc.2025Anthony Marucci785,80404,027,59005,366,709
17Recursion Pharmaceuticals, Inc.2025Najat Khan600,0001,944,5472,501,058256,7775,349,065
18Iovance Biotherapeutics, Inc.2025Frederick Vogt800,000759,3750312,0001,888,175

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
Merus130%Options 100not disclosedPearl Meyer
Arcus Biosciences, Inc.100%Options 67 · RSU 33not disclosedRadford
Arrowhead Pharmaceuticals, Inc.125%PSU 70 · RSU 30not disclosedCompensia
Arvinas, Inc.108%Options 50 · RSU 50not disclosedAon (Aon's Human Capital Solutions practice, a division of Aon plc)
Biohaven Ltd.67%not disclosednot disclosedAon Human Capital Solutions
Celldex Therapeutics, Inc.100%Options 100not disclosedAon (Human Capital Solutions practice, a division of Aon plc)
Crinetics Pharmaceuticals, Inc.not disclosedOptions 70 · RSU 30not disclosedPearl Meyer
Cytokinetics, Inc.120%RSU 50 · Options 50not disclosedAon Human Capital Solutions
IDEAYA Biosciences, Inc.90%Options 100not disclosedAon (Aon plc, Talent Solutions practice)
ImmunityBio, Inc.not disclosedOptions 75 · RSU 25not disclosedMercer
Immunovant, Inc.110%not disclosedNoCompensia
Iovance Biotherapeutics, Inc.60%not disclosedNoHaigh & Company
Krystal Biotech, Inc.100%not disclosednot disclosedCompensia, Inc.
Madrigal Pharmaceuticals Inc.195%PSU 33 · RSU 33 · Options 33Yes — Relative TSR vs Nasdaq Biotechnology IndexCompensia
Recursion Pharmaceuticals, Inc.80%RSU 50 · Options 50not disclosedCompensia
Revolution Medicines, Inc.146%Options 70 · RSU 30not disclosedCompensia
SpringWorks Therapeutics, Inc.140%not disclosedYes — Relative Total Shareholder Return (TSR)Aon plc (Human Capital Solutions practice)
Syndax Pharmaceuticals, Inc.150%Options 34 · PSU 33 · RSU 33Yes — Company's three-year total shareholder return (TSR) as measured against the Nasdaq Biotechnology Index components TSRsAon

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.

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, Sven (Bill) Ante LundbergDEF 14A2025-04-240001193125-25-093505Section “2024 SUMMARY COMPENSATION TABLE” · page 64. As printed: 9,643,774. Filing ↗machine: t179 · r3 · c27 · span 565357–565366
2Section 01, Fabian ZohrenDEF 14A2025-04-240001193125-25-093505Section “2024 SUMMARY COMPENSATION TABLE” · page 64. As printed: 6,943,722. Filing ↗machine: r15 · c27 · span 586310–586319
3Section 01, Peter SilvermanDEF 14A2025-04-240001193125-25-093505Section “2024 SUMMARY COMPENSATION TABLE” · page 64. As printed: 3,399,767. Filing ↗machine: t179 · r9 · c27 · span 576511–576520
4Section 01, Greg PerryDEF 14A2025-04-240001193125-25-093505Section “2024 SUMMARY COMPENSATION TABLE” · page 64. As printed: 3,262,106. Filing ↗machine: t179 · r6 · c27 · span 570189–570198
5Section 01, Andrew JoeDEF 14A2025-04-240001193125-25-093505Section “2024 SUMMARY COMPENSATION TABLE” · page 64. As printed: 3,126,132. Filing ↗machine: t179 · r12 · c27 · span 583103–583112
6Section 03, Greg Perry OPTIONDEF 14A2025-04-240001193125-25-093505Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t179 · r6 · c15 · span 568411–568420
7Section 03, Sven (Bill) Ante Lundberg OPTIONDEF 14A2025-04-240001193125-25-093505Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t179 · r3 · c15 · span 562642–562651
8Section 03, Peter Silverman OPTIONDEF 14A2025-04-240001193125-25-093505Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t179 · r9 · c15 · span 573797–573806
9Section 03, Fabian Zohren OPTIONDEF 14A2025-04-240001193125-25-093505Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t179 · r15 · c15 · span 585515–585524
10Section 03, Andrew Joe OPTIONDEF 14A2025-04-240001193125-25-093505Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: t179 · r12 · c15 · span 580389–580398
11Section 07, pay ratioDEF 14A0001193125-25-093505Section “CEO Pay Ratio”. As printed: 47 : 1.machine: span 723924–723931
12Section 08, Jason HaddockDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 640,098. Filing ↗machine: t202 · r4 · c15 · span 709977–709984
13Section 08, Anand MehraDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 472,201. Filing ↗machine: t202 · r6 · c15 · span 712626–712633
14Section 08, Victor SandorDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 371,807. Filing ↗machine: t202 · r8 · c15 · span 715280–715287
15Section 08, Mark IwickiDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 366,220. Filing ↗machine: t202 · r2 · c15 · span 707324–707331
16Section 08, Paolo PucciDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 363,274. Filing ↗machine: t202 · r7 · c15 · span 713935–713942
17Section 08, Maxine GowenDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 360,040. Filing ↗machine: t202 · r3 · c15 · span 708641–708648
18Section 08, Len KanavyDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 358,495. Filing ↗machine: t202 · r5 · c15 · span 711285–711292
19Section 08, Sven (Bill) Ante LundbergDEF 14A2025-04-240001193125-25-093505Section “Director Compensation”. As printed: 0. Filing ↗
20Section 06, 2024 voteForm 8-K2024-05-080001193125-24-133796Item 5.07 · say-on-pay result. As reported: 99.63% (votes for as printed: 42,134,653). Filing ↗
21Section 06, 2023 voteForm 8-K2023-05-300001193125-23-156007Item 5.07 · say-on-pay result. As reported: 98.87% (votes for as printed: 35,684,678). Filing ↗
22Section 06, 2022 voteForm 8-K2022-05-310001193125-22-164095Item 5.07 · say-on-pay result. As reported: 80.32%. Filing ↗
23Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
24Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
25Section 09b board cost (computed)ComputedcomputedCash 518,823 + equity 0 + all other 13,312 = 532,135, summed across the director compensation table rows.machine: formula: Σ = 532,135
26Immunovant, Inc., Section 10b CEO totalDEF 14A2026-07-220001764013-26-000092CEO total compensation as printed in Immunovant, Inc.'s own proxy. As printed: 20,158,767. Filing ↗machine: span 465716–465726
27Madrigal Pharmaceuticals Inc., Section 10b CEO totalDEF 14A2026-04-280001308179-26-000352CEO total compensation as printed in Madrigal Pharmaceuticals Inc.'s own proxy. As printed: 19,206,341. Filing ↗machine: r2 · c24 · span 791942–791952
28SpringWorks Therapeutics, Inc., Section 10b CEO totalDEF 14A2025-04-040001104659-25-032187CEO total compensation as printed in SpringWorks Therapeutics, Inc.'s own proxy. As printed: 16,153,317. Filing ↗machine: t23 · r1 · c44 · span 623184–623194
29Revolution Medicines, Inc., Section 10b CEO totalDEF 14A2026-04-270001193125-26-182453CEO total compensation as printed in Revolution Medicines, Inc.'s own proxy. As printed: 14,672,390. Filing ↗machine: r2 · c27 · span 382608–382618
30Biohaven Ltd., Section 10b CEO totalDEF 14A2026-03-130001935979-26-000028CEO total compensation as printed in Biohaven Ltd.'s own proxy. As printed: 13,500,438. Filing ↗machine: t25 · r3 · c7 · span 423429–423439
31ImmunityBio, Inc., Section 10b CEO totalDEF 14A2026-04-300001326110-26-000049CEO total compensation as printed in ImmunityBio, Inc.'s own proxy. As printed: 12,716,953. Filing ↗machine: t62 · r3 · c22 · span 544834–544844
32Cytokinetics, Inc., Section 10b CEO totalDEF 14A2026-04-170001140361-26-015364CEO total compensation as printed in Cytokinetics, Inc.'s own proxy. As printed: 11,881,456. Filing ↗machine: r2 · c25 · span 777093–777103
33Crinetics Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-290001658247-26-000030CEO total compensation as printed in Crinetics Pharmaceuticals, Inc.'s own proxy. As printed: 11,628,959. Filing ↗machine: r2 · c48 · span 589450–589460
34Krystal Biotech, Inc., Section 10b CEO totalDEF 14A2026-04-030001711279-26-000036CEO total compensation as printed in Krystal Biotech, Inc.'s own proxy. As printed: 10,442,485. Filing ↗machine: span 547434–547444
35Arcus Biosciences, Inc., Section 10b CEO totalDEF 14A2026-04-210001724521-26-000025CEO total compensation as printed in Arcus Biosciences, Inc.'s own proxy. As printed: 9,656,813. Filing ↗machine: r2 · c48 · span 403740–403749
36Merus (subject), Section 10b CEO totalDEF 14A2025-04-240001193125-25-093505CEO total compensation as printed in Merus's own proxy. As printed: 9,643,774. Filing ↗machine: t179 · r3 · c27 · span 565357–565366
37IDEAYA Biosciences, Inc., Section 10b CEO totalDEF 14A2026-04-290001193125-26-191501CEO total compensation as printed in IDEAYA Biosciences, Inc.'s own proxy. As printed: 9,512,640. Filing ↗machine: r2 · c14 · span 627310–627319
38Arrowhead Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-01-270000879407-26-000019CEO total compensation as printed in Arrowhead Pharmaceuticals, Inc.'s own proxy. As printed: 9,029,861. Filing ↗machine: span 692475–692484
39Syndax Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-300001193125-26-197859CEO total compensation as printed in Syndax Pharmaceuticals, Inc.'s own proxy. As printed: 7,089,213. Filing ↗machine: span 936322–936331
40Arvinas, Inc., Section 10b CEO totalDEF 14A2026-04-290001628280-26-028156CEO total compensation as printed in Arvinas, Inc.'s own proxy. As printed: 6,534,127. Filing ↗machine: t20 · r3 · c22 · span 471921–471930
41Celldex Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-290001104659-26-050884CEO total compensation as printed in Celldex Therapeutics, Inc.'s own proxy. As printed: 5,366,709. Filing ↗machine: r1 · c54 · span 1024857–1024866
42Recursion Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-300001601830-26-000065CEO total compensation as printed in Recursion Pharmaceuticals, Inc.'s own proxy. As printed: 5,349,065. Filing ↗machine: t130 · r5 · c13 · span 551909–551918
43Iovance Biotherapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-280001104659-26-050458CEO total compensation as printed in Iovance Biotherapeutics, Inc.'s own proxy. As printed: 1,888,175. Filing ↗machine: t133 · r6 · c16 · span 797910–797919
44Section 10a, Madrigal Pharmaceuticals Inc. reciprocityDEF 14A0001308179-26-000352Madrigal Pharmaceuticals Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
45Section 10a, Immunovant, Inc. reciprocityDEF 14A0001764013-26-000092Immunovant, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
46Section 10a, SpringWorks Therapeutics, Inc. reciprocityDEF 14A0001104659-25-032187SpringWorks Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
47Section 10a, Arrowhead Pharmaceuticals, Inc. reciprocityDEF 14A0000879407-26-000019Arrowhead Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
48Section 10a, ImmunityBio, Inc. reciprocityDEF 14A0001326110-26-000049ImmunityBio, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
49Section 10a, Celldex Therapeutics, Inc. reciprocityDEF 14A0001104659-26-050884Celldex Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
50Section 10a, Arvinas, Inc. reciprocityDEF 14A0001628280-26-028156Arvinas, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
51Section 10a, Revolution Medicines, Inc. reciprocityDEF 14A0001193125-26-182453Revolution Medicines, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
52Section 10a, Krystal Biotech, Inc. reciprocityDEF 14A0001711279-26-000036Krystal Biotech, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
53Section 10a, Syndax Pharmaceuticals, Inc. reciprocityDEF 14A0001193125-26-197859Syndax Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
54Section 10a, Biohaven Ltd. reciprocityDEF 14A0001935979-26-000028Biohaven Ltd.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
55Section 10a, Crinetics Pharmaceuticals, Inc. reciprocityDEF 14A0001658247-26-000030Crinetics Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
56Section 10a, Cytokinetics, Inc. reciprocityDEF 14A0001140361-26-015364Cytokinetics, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
57Section 10a, Iovance Biotherapeutics, Inc. reciprocityDEF 14A0001104659-26-050458Iovance Biotherapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗
58Section 10a, IDEAYA Biosciences, Inc. reciprocityDEF 14A0001193125-26-191501IDEAYA Biosciences, Inc.'s most recent proxy was read; its disclosed peer group does not include Merus. Filing ↗