Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-18

OmniAb (OABI)

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.

$3,811,740
Matthew Foehr total, FY2025
1st
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against OABI
2 companies name OABI as a compensation peer

Each company listed discloses OABI 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 OABI 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
Matthew Foehr$620,866$0$640,500$2,104,620$436,289$0$9,465$3,811,740
President, Chief Executive Officer and Director
Charles Berkman503,5280205,875676,485227,462011,0751,624,425
Chief Legal Officer and Secretary
Kurt Gustafson496,7750205,875676,485224,41409,5521,613,101
Executive Vice President, Finance and Chief Financial 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
Matthew Foehr$3,811,740$3,647,160+164,580
Charles Berkman1,624,4251,690,109−65,684
Kurt Gustafson1,613,1011,672,107−59,006

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
Carolyn R. BertozziDirector2026-06-17A40,000$0$0Derivative, Class A CommonForm 4 ↗
Steve CrouseDirector2026-06-17A20,000CommonForm 4 ↗
Steve CrouseDirector2026-06-17A40,00000Derivative, Class A CommonForm 4 ↗
John HigginsDirector2026-06-17D20,00000Derivative, Class A CommonForm 4 ↗
John HigginsDirector2026-06-17A40,00000Derivative, Class A CommonForm 4 ↗
Steve LoveDirector2026-06-17A20,000CommonForm 4 ↗
Steve CrouseDirector2026-06-17A20,00000Derivative, Class A CommonForm 4 ↗
Philip J. GotwalsDirector2026-06-17D20,00000Derivative, Class A CommonForm 4 ↗
Steve LoveDirector2026-06-17D20,00000Derivative, Class A CommonForm 4 ↗
Steve LoveDirector2026-06-17A20,00000Derivative, Class A CommonForm 4 ↗
Carolyn R. BertozziDirector2026-06-17A20,00000Derivative, Class A CommonForm 4 ↗
Jennifer R. CochranDirector2026-06-17A20,000CommonForm 4 ↗
Jennifer R. CochranDirector2026-06-17A20,00000Derivative, Class A CommonForm 4 ↗
Steve CrouseDirector2026-06-17D20,00000Derivative, Class A CommonForm 4 ↗
Philip J. GotwalsDirector2026-06-17A20,000CommonForm 4 ↗
Philip J. GotwalsDirector2026-06-17A20,00000Derivative, Class A CommonForm 4 ↗
Philip J. GotwalsDirector2026-06-17A40,00000Derivative, Class A CommonForm 4 ↗
John HigginsDirector2026-06-17A20,000CommonForm 4 ↗
Carolyn R. BertozziDirector2026-06-17D20,00000Derivative, Class A CommonForm 4 ↗
Jennifer R. CochranDirector2026-06-17D20,00000Derivative, Class A CommonForm 4 ↗
Jennifer R. CochranDirector2026-06-17A40,00000Derivative, Class A CommonForm 4 ↗
Steve LoveDirector2026-06-17A40,00000Derivative, Class A CommonForm 4 ↗
Carolyn R. BertozziDirector2026-06-17A20,000CommonForm 4 ↗
John HigginsDirector2026-06-17A20,00000Derivative, Class A CommonForm 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
Charles BerkmanPSU$205,875
Kurt GustafsonOption676,485
Charles BerkmanOption676,485
Kurt GustafsonPSU205,875
Matthew FoehrPSU640,500
Matthew FoehrOption2,104,620
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Charles Berkman$0$205,875$676,48523.3%
Kurt Gustafson0205,875676,48523.3%
Matthew Foehr0640,5002,104,62023.3%

% 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
Matthew FoehrRSU36,459$67,449
Kurt GustafsonOption29,05712.39
Kurt GustafsonOption81,2503.75
Matthew FoehrOption218,7503.75
Kurt GustafsonRSU27,08450,105
Charles BerkmanRSU13,54225,053
Kurt GustafsonOption132,0325.64
Charles BerkmanOption81,2503.75
Charles BerkmanOption7,31410.41
Charles BerkmanRSU56,250104,063
Kurt GustafsonRSU13,54225,053
Matthew FoehrOption74,5783.68
Kurt GustafsonRSU56,250104,063
Charles BerkmanOption267,1883.66
Matthew FoehrRSU72,917134,896
Matthew FoehrOption12,43210.41
Kurt GustafsonOption174,3803.68
Charles BerkmanOption132,0325.64
Matthew FoehrRSU175,000323,750
Charles BerkmanRSU27,08450,105
Kurt GustafsonOption267,1883.66
Charles BerkmanOption43,8703.68
Matthew FoehrOption355,4695.64
Matthew FoehrOption831,2503.66
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation practices are intended to foster a high-performance culture through a comprehensive rewards program designed to motivate employees and align with our organizational mission, values, and culture. Attracting and retaining top-tier talent is critical for our business success and long-term stability. Our commitment is to provide competitive compensation to all our employees.

CEO STI target (% of salary)70%
CEO LTI target (% of salary)
Independent consultantAlpine Rewards, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Steve CrouseIndependent · Audit · Science and Technology · Newly elected$30,598$107,200$117,152$0$254,950
Philip J. Gotwals, Ph.DIndependent · Human Capital Management and Compensation · Science and Technology · Newly elected29,464107,200117,1520253,816
Steve LoveIndependent · Audit (Chair) · Human Capital Management and Compensation (Chair)80,90034,00036,6880151,588
John HigginsIndependent · Board Chair · Audit · Nominating and Corporate Governance80,00034,00036,6880150,688
Jennifer Cochran, Ph.DIndependent · Nominating and Corporate Governance (Chair) · Science and Technology77,50034,00036,6880148,188
Carolyn R. Bertozzi, Ph.DIndependent · Human Capital Management and Compensation · Science and Technology (Chair)77,50034,00036,6880148,188
Sarah BoyceIndependent · Human Capital Management and Compensation · Departed during FY41,20900041,209
Matthew W. FoehrEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$70,688
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000
Stock ownership guideline3x annual retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$417,171
Equity awards (grant-date value)$350,400
All other compensation$0
Total cost of the board$767,571

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 OmniAb 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 OmniAb.

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
1Option2025John Rademacher$1,000,000$6,500,050$0$1,665,000$9,266,330
2OmniAb2025Matthew Foehr620,866640,5002,104,620436,2893,811,740

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
OmniAbnot disclosednot disclosednot disclosedAlpine Rewards, LLC
Option111%PSU 60 · RSU 40NoPearl Meyer

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, Matthew FoehrDEF 14A2026-04-290001846253-26-000027Section “Summary Compensation Table” · page 30. As printed: 3,811,740. Filing ↗machine: span 342457–342466
2Section 01, Charles BerkmanDEF 14A2026-04-290001846253-26-000027Section “Summary Compensation Table” · page 30. As printed: 1,624,425. Filing ↗machine: span 354091–354100
3Section 01, Kurt GustafsonDEF 14A2026-04-290001846253-26-000027Section “Summary Compensation Table” · page 30. As printed: 1,613,101. Filing ↗machine: span 348214–348223
4Section 03, Charles Berkman PSUDEF 14A2026-04-290001846253-26-000027Section “PROXIES SOLICITED BY OUR BOARD OF DIRECTORS WILL BE SO VOTED UNLESS YOU SPECIFY OT” · grants of plan-based awards table. Filing ↗machine: t71 · r6 · c7 · span 352533–352540
5Section 03, Kurt Gustafson OptionDEF 14A2026-04-290001846253-26-000027Section “PROXIES SOLICITED BY OUR BOARD OF DIRECTORS WILL BE SO VOTED UNLESS YOU SPECIFY OT” · grants of plan-based awards table. Filing ↗machine: t71 · r4 · c9 · span 347166–347173
6Section 03, Charles Berkman OptionDEF 14A2026-04-290001846253-26-000027Section “PROXIES SOLICITED BY OUR BOARD OF DIRECTORS WILL BE SO VOTED UNLESS YOU SPECIFY OT” · grants of plan-based awards table. Filing ↗machine: t71 · r6 · c9 · span 352867–352874
7Section 03, Kurt Gustafson PSUDEF 14A2026-04-290001846253-26-000027Section “PROXIES SOLICITED BY OUR BOARD OF DIRECTORS WILL BE SO VOTED UNLESS YOU SPECIFY OT” · grants of plan-based awards table. Filing ↗machine: t71 · r4 · c7 · span 346882–346889
8Section 03, Matthew Foehr PSUDEF 14A2026-04-290001846253-26-000027Section “PROXIES SOLICITED BY OUR BOARD OF DIRECTORS WILL BE SO VOTED UNLESS YOU SPECIFY OT” · grants of plan-based awards table. Filing ↗machine: t71 · r2 · c7 · span 340898–340905
9Section 03, Matthew Foehr OptionDEF 14A2026-04-290001846253-26-000027Section “PROXIES SOLICITED BY OUR BOARD OF DIRECTORS WILL BE SO VOTED UNLESS YOU SPECIFY OT” · grants of plan-based awards table. Filing ↗machine: t71 · r2 · c9 · span 341232–341241
10Section 07, pay ratio10-K2026-03-040001846253-26-000009Section “CEO Pay Ratio”. As printed: —. Filing ↗
11Section 08, Steve CrouseDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 254,950. Filing ↗machine: t87 · r5 · c4 · span 498238–498245
12Section 08, Philip J. Gotwals, Ph.DDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 253,816. Filing ↗machine: t87 · r6 · c4 · span 499598–499605
13Section 08, Steve LoveDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 151,588. Filing ↗machine: t87 · r8 · c4 · span 501946–501953
14Section 08, John HigginsDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 150,688. Filing ↗machine: t87 · r7 · c4 · span 500773–500780
15Section 08, Jennifer Cochran, Ph.DDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 148,188. Filing ↗machine: t87 · r4 · c4 · span 496890–496897
16Section 08, Carolyn R. Bertozzi, Ph.DDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 148,188. Filing ↗machine: t87 · r2 · c4 · span 494357–494364
17Section 08, Sarah BoyceDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 41,209. Filing ↗machine: t87 · r3 · c1 · span 495013–495019
18Section 08, Matthew W. FoehrDEF 14A2026-04-290001846253-26-000027Section “Director Compensation”. As printed: 0. Filing ↗
19Section 02, Carolyn R. Bertozzi 2026-06-17Form 42026-06-180001698766-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Steve Crouse 2026-06-17Form 42026-06-180002065241-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Steve Crouse 2026-06-17Form 42026-06-180002065241-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, John Higgins 2026-06-17Form 42026-06-180001208906-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, John Higgins 2026-06-17Form 42026-06-180001208906-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Steve Love 2026-06-17Form 42026-06-180001410466-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Steve Crouse 2026-06-17Form 42026-06-180002065241-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Philip J. Gotwals 2026-06-17Form 42026-06-180001982655-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Steve Love 2026-06-17Form 42026-06-180001410466-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Steve Love 2026-06-17Form 42026-06-180001410466-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Carolyn R. Bertozzi 2026-06-17Form 42026-06-180001698766-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Jennifer R. Cochran 2026-06-17Form 42026-06-180001872349-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Jennifer R. Cochran 2026-06-17Form 42026-06-180001872349-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Steve Crouse 2026-06-17Form 42026-06-180002065241-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Philip J. Gotwals 2026-06-17Form 42026-06-180001982655-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Philip J. Gotwals 2026-06-17Form 42026-06-180001982655-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Philip J. Gotwals 2026-06-17Form 42026-06-180001982655-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, John Higgins 2026-06-17Form 42026-06-180001208906-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Carolyn R. Bertozzi 2026-06-17Form 42026-06-180001698766-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Jennifer R. Cochran 2026-06-17Form 42026-06-180001872349-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Jennifer R. Cochran 2026-06-17Form 42026-06-180001872349-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Steve Love 2026-06-17Form 42026-06-180001410466-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Carolyn R. Bertozzi 2026-06-17Form 42026-06-180001698766-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, John Higgins 2026-06-17Form 42026-06-180001208906-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
43Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
44Section 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
45Section 09b board cost (computed)ComputedcomputedCash 417,171 + equity 350,400 + all other 0 = 767,571, summed across the director compensation table rows.machine: formula: Σ = 767,571
46Option, Section 10b CEO totalDEF 14A2026-04-080001140361-26-013825CEO total compensation as printed in Option's own proxy. As printed: 9,266,330. Filing ↗machine: r2 · c25 · span 1114074–1114083
47OmniAb (subject), Section 10b CEO totalDEF 14A2026-04-290001846253-26-000027CEO total compensation as printed in OmniAb's own proxy. As printed: 3,811,740. Filing ↗machine: span 342457–342466
48Section 10a, Option reciprocityDEF 14A0001140361-26-013825Option's most recent proxy was read; its disclosed peer group does not include OmniAb. Filing ↗