Velarion · Company Intelligence
Compensation Brief
Fiscal year 2022 · Filings through 2026-07-29

NGM Biopharmaceuticals (NGM)

Fiscal year 2022 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.

$5,933,500
David Woodhouse total, FY2022
CEO pay percentile vs peers
24:1
CEO-to-median pay ratio
97.72%
Say-on-pay support, latest vote
Companies that benchmark against NGM
1 company names NGM as a compensation peer

Each company listed discloses NGM 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 NGM 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 2022

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
David Woodhouse$610,000$0$0$5,072,750$250,000$0$750$5,933,500
Chief Executive Officer
Siobhan Nolan Mangini480,000002,903,030150,00007503,533,780
President and Chief Financial Officer
Hsiao Lieu475,0007,50002,106,660142,50007502,732,410
Executive Vice President and Chief Medical Officer
Jin-Long Chen550,000001,775,463180,00007502,506,213
Founder and Chief Scientific Officer
Valerie Pierce440,0008,00001,521,825132,00007502,102,575
Senior Vice President, General Counsel, Chief Compliance Officer and Secretary

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 officerFY2022 totalFY2021 totalFY2020 totalΔ FY20212022
David Woodhouse$5,933,500$9,911,980$4,559,630−3,978,480
Siobhan Nolan Mangini3,533,7801,614,2203,813,965+1,919,560
Hsiao Lieu2,732,4102,632,690822,368+99,720
Jin-Long Chen2,506,2134,242,8952,368,073−1,736,682
Valerie Pierce2,102,5752,589,690−487,115

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 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Hsiao LieuOPTION2022-03-03150,000$1,521,825
Valerie PierceOPTION2022-03-03150,0001,521,825
Jin-Long ChenOPTION2022-03-03175,0001,775,463
David WoodhouseOPTION2022-03-03500,0005,072,750
Siobhan Nolan ManginiOPTION2022-07-01100,000873,930
Siobhan Nolan ManginiOPTION2022-03-03200,0002,029,100
Hsiao LieuOPTION2022-11-04150,000584,835
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Hsiao Lieu$0$0$2,106,6600.0%
Valerie Pierce001,521,8250.0%
Jin-Long Chen001,775,4630.0%
David Woodhouse005,072,7500.0%
Siobhan Nolan Mangini002,903,0300.0%

% 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 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
David WoodhouseOption385,41715.2
Siobhan Nolan ManginiOption154,16715.2
Hsiao LieuOption115,62515.2
Hsiao LieuOption52,08431.93
Hsiao LieuOption150,0005.36
Valerie PierceOption115,62515.2
Jin-Long ChenOption91,14631.93
Siobhan Nolan ManginiOption26,04231.93
Valerie PierceOption52,08431.93
David WoodhouseOption234,37531.93
Siobhan Nolan ManginiOption89,58412.78
Jin-Long ChenOption134,89615.2
05

Incentive-plan design — the Compensation Discussion & Analysis

structure executive compensation to reward and motivate executive officers who contribute to the achievement of our operational and strategic objectives; attract and retain executive officers who contribute to our Company's ongoing performance and long-term success; and link executive officer compensation and stockholder interests through the grant of long-term equity incentives.

CEO STI target (% of salary)55%
CEO LTI target (% of salary)
Independent consultantAon plc (Human Capital Solutions practice)
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-05-1060,368,6961,409,15131,23897.72%Passed
20222022-05-1848,944,03215,300,20332,65276.18%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
20232023-05-1097.72%a
20222022-05-1876.18%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.

07

CEO pay ratio

Ratio (CEO : median employee)24 : 1
CEO total compensation
Median employee compensation$251,078
08

Director compensation — fiscal year 2022

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William J. RieflinNot independent · Board Chair$37,500$0$1,067,350$1,104,850
Shelly D. GuyerIndependent · Audit (Chair)73,0910200,001273,092
David V. Goeddel, Ph.DIndependent · Lead Independent Director · Nominating and Corporate Governance70,2330200,001270,234
Suzanne Sawochka HooperIndependent · Compensation (Chair) · Nominating and Corporate Governance65,0000200,001265,001
Carole Ho, M.DIndependent · Audit · Compensation52,1810200,001252,182
Roger M. Perlmutter, M.D., Ph.DIndependent · Audit · Nominating and Corporate Governance (Chair)50,0000200,001250,001
Mark LeschlyIndependent · Audit · Departed during FY19,094019,094
David J. Woodhouse, Ph.DEmployee director00000
Jin-Long Chen, Ph.DEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$200,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2022
Cash retainers and fees$367,099
Equity awards (grant-date value)$0
All other compensation$1,067,350
Total cost of the board$1,434,449

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

10

Disclosed peer group — fiscal year 2022

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 NGM Biopharmaceuticals 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 NGM Biopharmaceuticals.

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
1Scholar Rock Holding Corporation2025David Hallal$637,500$22,518,500$7,624,988$452,293$33,300,927
2Madrigal Pharmaceuticals, Inc.2025Bill Sibold918,53112,297,8504,537,1461,438,81419,206,341
3Cytokinetics, Incorporated2025Robert Blum853,0695,150,0195,095,918772,71511,881,456
4Apellis Pharmaceuticals, Inc.2024Cedric Francois793,1934,779,8324,787,768010,957,451
5Arcus Biosciences, Inc.2025Terry Rosen775,0002,199,4506,008,860658,7509,656,813
6Allakos Inc.2023Robert Alexander805,4602,171,3402,623,519684,6416,299,426
7Allogene Therapeutics, Inc.2025David Chang724,0002,409,5372,588,329400,0106,136,093
8AnaptysBio, Inc.2025Daniel Faga706,0111,592,0013,345,653465,9686,133,943
9NGM Biopharmaceuticals2022David Woodhouse610,00005,072,750250,0005,933,500
10Replimune Group, Inc.2026Sushil Patel700,0003,376,0031,448,325315,0005,845,982
11Denali Therapeutics Inc.2025Ryan Watts718,0001,151,8672,180,00304,751,515
12Kodiak Sciences Inc.2025Victor Perlroth792,4970923,032772,8242,499,221
13Editas Medicine, Inc.2025Gilmore O'Neill686,57401,282,937375,1642,353,655
14Gossamer Bio, Inc.2025Faheem Hasnain649,64901,392,006254,8002,300,455
15Alector, Inc.2025Arnon Rosenthal678,100422,876558,216325,4881,995,018
16Arcturus Therapeutics Holdings, Inc.2025Joseph Payne750,0000941,00001,691,000
17Atara Biotherapeutics, Inc.2025AnhCo Nguyen668,8000001,068,069
CytomX Therapeutics, Inc.not 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
NGM Biopharmaceuticals75%Options 100not disclosedAon plc (Human Capital Solutions practice)
Alector, Inc.80%not disclosednot disclosedPearl Meyer & Partners, LLC
Allakos Inc.not disclosedOptions 55 · RSU 45NoCompensia
Allogene Therapeutics, Inc.85%Options 55 · RSU 25 · PSU 20NoCompensia
AnaptysBio, Inc.110%not disclosedNoAlpine Rewards
Apellis Pharmaceuticals, Inc.90.74%not disclosedYes — Total Shareholder Return (TSR) relative to NASDAQ Biotechnology IndexPay Governance
Arcturus Therapeutics Holdings, Inc.not disclosedOptions 100not disclosednot disclosed
Arcus Biosciences, Inc.100%Options 67 · RSU 33not disclosedRadford
Atara Biotherapeutics, Inc.not disclosedRSU 100not disclosedPearl Meyer
Cytokinetics, Incorporated120%RSU 50 · Options 50not disclosedAon Human Capital Solutions
CytomX Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed
Denali Therapeutics Inc.145%not disclosednot disclosedAlpine Rewards
Editas Medicine, Inc.91%Options 100not disclosedPearl Meyer & Partners, LLC
Gossamer Bio, Inc.65%not disclosedNoAlpine Rewards
Kodiak Sciences Inc.150%Options 100not disclosedCompensia, Inc.
Madrigal Pharmaceuticals, Inc.195%PSU 33 · RSU 33 · Options 33Yes — Relative TSR vs Nasdaq Biotechnology IndexCompensia
Replimune Group, Inc.not disclosednot disclosedNoPearl Meyer
Scholar Rock Holding Corporationnot disclosednot disclosedNoPay Governance

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, David WoodhouseDEF 14A2023-03-290001628280-23-009712Section “Summary Compensation Table”. As printed: 5,933,500. Filing ↗machine: r2 · c42 · span 406619–406628
2Section 01, Siobhan Nolan ManginiDEF 14A2023-03-290001628280-23-009712Section “Summary Compensation Table”. As printed: 3,533,780. Filing ↗machine: t23 · r5 · c19 · span 415154–415163
3Section 01, Hsiao LieuDEF 14A2023-03-290001628280-23-009712Section “Summary Compensation Table”. As printed: 2,732,410. Filing ↗machine: r11 · c42 · span 431421–431430
4Section 01, Jin-Long ChenDEF 14A2023-03-290001628280-23-009712Section “Summary Compensation Table”. As printed: 2,506,213. Filing ↗machine: r8 · c42 · span 422901–422910
5Section 01, Valerie PierceDEF 14A2023-03-290001628280-23-009712Section “Summary Compensation Table”. As printed: 2,102,575. Filing ↗machine: r14 · c42 · span 439345–439354
6Section 03, Hsiao Lieu OPTIONDEF 14A2023-03-290001628280-23-009712Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r9 · c14 · span 469155–469164
7Section 03, Valerie Pierce OPTIONDEF 14A2023-03-290001628280-23-009712Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t23 · r14 · c10 · span 438126–438135
8Section 03, Jin-Long Chen OPTIONDEF 14A2023-03-290001628280-23-009712Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r7 · c14 · span 465144–465153
9Section 03, David Woodhouse OPTIONDEF 14A2023-03-290001628280-23-009712Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r2 · c14 · span 454931–454940
10Section 03, Siobhan Nolan Mangini OPTIONDEF 14A2023-03-290001628280-23-009712Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r5 · c14 · span 461184–461191
11Section 03, Siobhan Nolan Mangini OPTIONDEF 14A2023-03-290001628280-23-009712Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r4 · c14 · span 458970–458979
12Section 03, Hsiao Lieu OPTIONDEF 14A2023-03-290001628280-23-009712Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t24 · r10 · c14 · span 471370–471377
13Section 07, pay ratioDEF 14A0001628280-23-009712Section “CEO Pay Ratio”. As printed: 24 : 1.machine: span 645237–645241
14Section 08, William J. RieflinDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 1,104,850. Filing ↗machine: t34 · r8 · c10 · span 765704–765713
15Section 08, Shelly D. GuyerDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 273,092. Filing ↗machine: t34 · r3 · c10 · span 756208–756215
16Section 08, David V. Goeddel, Ph.DDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 270,234. Filing ↗machine: t34 · r2 · c10 · span 754401–754408
17Section 08, Suzanne Sawochka HooperDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 265,001. Filing ↗machine: t34 · r5 · c10 · span 759776–759783
18Section 08, Carole Ho, M.DDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 252,182. Filing ↗machine: t34 · r4 · c10 · span 757988–757995
19Section 08, Roger M. Perlmutter, M.D., Ph.DDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 250,001. Filing ↗machine: t34 · r7 · c10 · span 763531–763538
20Section 08, Mark LeschlyDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 19,094. Filing ↗machine: t34 · r6 · c2 · span 760611–760617
21Section 08, David J. Woodhouse, Ph.DDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Jin-Long Chen, Ph.DDEF 14A2023-03-290001628280-23-009712Section “Director Compensation”. As printed: 0. Filing ↗
23Section 06, 2023 voteForm 8-K2023-05-120001193125-23-143465Item 5.07 · say-on-pay result. As reported: 97.72% (votes for as printed: 60,368,696). Filing ↗
24Section 06, 2022 voteForm 8-K2022-05-240001193125-22-158629Item 5.07 · say-on-pay result. As reported: 76.18%. Filing ↗
25Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
26Section 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
27Section 09b board cost (computed)ComputedcomputedCash 367,099 + equity 0 + all other 1,067,350 = 1,434,449, summed across the director compensation table rows.machine: formula: Σ = 1,434,449
28Scholar Rock Holding Corporation, Section 10b CEO totalDEF 14A2026-04-220001104659-26-046917CEO total compensation as printed in Scholar Rock Holding Corporation's own proxy. As printed: 33,300,927. Filing ↗machine: r1 · c47 · span 363867–363877
29Madrigal 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
30Cytokinetics, Incorporated, Section 10b CEO totalDEF 14A2026-04-170001140361-26-015364CEO total compensation as printed in Cytokinetics, Incorporated's own proxy. As printed: 11,881,456. Filing ↗machine: r2 · c25 · span 777093–777103
31Apellis Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2025-04-230000950170-25-056966CEO total compensation as printed in Apellis Pharmaceuticals, Inc.'s own proxy. As printed: 10,957,451. Filing ↗machine: r2 · c25 · span 951555–951565
32Arcus 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
33Allakos Inc., Section 10b CEO totalDEF 14A2024-04-230000950170-24-047043CEO total compensation as printed in Allakos Inc.'s own proxy. As printed: 6,299,426. Filing ↗machine: r2 · c26 · span 505098–505107
34Allogene Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-300001628280-26-028948CEO total compensation as printed in Allogene Therapeutics, Inc.'s own proxy. As printed: 6,136,093. Filing ↗machine: r2 · c54 · span 451014–451023
35AnaptysBio, Inc., Section 10b CEO totalDEF 14A2026-06-290001193125-26-288408CEO total compensation as printed in AnaptysBio, Inc.'s own proxy. As printed: 6,133,943. Filing ↗machine: span 694406–694415
36NGM Biopharmaceuticals (subject), Section 10b CEO totalDEF 14A2023-03-290001628280-23-009712CEO total compensation as printed in NGM Biopharmaceuticals's own proxy. As printed: 5,933,500. Filing ↗machine: r2 · c42 · span 406619–406628
37Replimune Group, Inc., Section 10b CEO totalDEF 14A2026-07-290001104659-26-087650CEO total compensation as printed in Replimune Group, Inc.'s own proxy. As printed: 5,845,982. Filing ↗machine: r1 · c41 · span 430765–430774
38Denali Therapeutics Inc., Section 10b CEO totalDEF 14A2026-04-210001714899-26-000054CEO total compensation as printed in Denali Therapeutics Inc.'s own proxy. As printed: 4,751,515. Filing ↗machine: t25 · r2 · c25 · span 469605–469614
39Kodiak Sciences Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170429CEO total compensation as printed in Kodiak Sciences Inc.'s own proxy. As printed: 2,499,221. Filing ↗machine: r4 · c14 · span 905058–905068
40Editas Medicine, Inc., Section 10b CEO totalDEF 14A2026-04-280001650664-26-000037CEO total compensation as printed in Editas Medicine, Inc.'s own proxy. As printed: 2,353,655. Filing ↗machine: t42 · r2 · c12 · span 545455–545464
41Gossamer Bio, Inc., Section 10b CEO totalDEF 14A2026-04-240001728117-26-000027CEO total compensation as printed in Gossamer Bio, Inc.'s own proxy. As printed: 2,300,455. Filing ↗machine: r2 · c48 · span 378559–378568
42Alector, Inc., Section 10b CEO totalDEF 14A2026-04-280001193125-26-186928CEO total compensation as printed in Alector, Inc.'s own proxy. As printed: 1,995,018. Filing ↗machine: span 1038665–1038674
43Arcturus Therapeutics Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-240001193805-26-000507CEO total compensation as printed in Arcturus Therapeutics Holdings, Inc.'s own proxy. As printed: 1,691,000. Filing ↗machine: t116 · r1 · c27 · span 296910–296919
44Atara Biotherapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177285CEO total compensation as printed in Atara Biotherapeutics, Inc.'s own proxy. As printed: 1,068,069. Filing ↗machine: span 714260–714269
45Section 10a, Kodiak Sciences Inc. reciprocityDEF 14A0001193125-26-170429Kodiak Sciences Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
46Section 10a, Madrigal Pharmaceuticals, Inc. reciprocityDEF 14A0001308179-26-000352Madrigal Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
47Section 10a, Cytokinetics, Incorporated reciprocityDEF 14A0001140361-26-015364Cytokinetics, Incorporated's most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
48Section 10a, Editas Medicine, Inc. reciprocityDEF 14A0001650664-26-000037Editas Medicine, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
49Section 10a, Apellis Pharmaceuticals, Inc. reciprocityDEF 14A0000950170-25-056966Apellis Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
50Section 10a, Denali Therapeutics Inc. reciprocityDEF 14A0001714899-26-000054Denali Therapeutics Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
51Section 10a, Allakos Inc. reciprocityDEF 14A0000950170-24-047043Allakos Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
52Section 10a, Gossamer Bio, Inc. reciprocityDEF 14A0001728117-26-000027Gossamer Bio, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
53Section 10a, Alector, Inc. reciprocityDEF 14A0001193125-26-186928Alector, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
54Section 10a, Allogene Therapeutics, Inc. reciprocityDEF 14A0001628280-26-028948Allogene Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
55Section 10a, AnaptysBio, Inc. reciprocityDEF 14A0001193125-26-288408AnaptysBio, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
56Section 10a, Arcturus Therapeutics Holdings, Inc. reciprocityDEF 14A0001193805-26-000507Arcturus Therapeutics Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗
57Section 10a, Scholar Rock Holding Corporation reciprocityDEF 14A0001104659-26-046917Scholar Rock Holding Corporation's most recent proxy was read; its disclosed peer group does not include NGM Biopharmaceuticals. Filing ↗