Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-07

Rezolute (RZLT)

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.

$2,851,109
Nevan Charles Elam total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against RZLT
2 companies name RZLT as a compensation peer

Each company listed discloses RZLT 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 RZLT 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
Nevan Charles Elam$610,825$451,662$1,767,204$0$0$0$21,418$2,851,109
Chief Executive Officer
Daron Evans421,458231,1121,016,45200046,6391,715,661
Chief Financial Officer
Brian Roberts483,361221,988667,20200062,1771,434,728
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
Nevan Charles Elam$2,851,109$1,192,700+1,658,409
Daron Evans1,715,661384,065+1,331,596
Brian Roberts1,434,728817,959+616,769

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
Erik HarrisDirector2025-11-19A21,000$0$0CommonForm 4 ↗
Nerissa KreherDirector2025-11-19A12,00000Derivative, Class A CommonForm 4 ↗
Wladimir HogenhuisDirector2025-11-19A21,00000CommonForm 4 ↗
Wladimir HogenhuisDirector2025-11-19A12,00000Derivative, Class A CommonForm 4 ↗
Philippe FauchetDirector2025-11-19A21,00000CommonForm 4 ↗
Gil LabrucherieDirector2025-11-19A21,00000CommonForm 4 ↗
Nevan Charles ElamDirector2025-11-19A186,00000Derivative, Class A CommonForm 4 ↗
Philippe FauchetDirector2025-11-19A12,00000Derivative, Class A CommonForm 4 ↗
Nevan Charles ElamDirector2025-11-19A317,00000CommonForm 4 ↗
Daron EvansCFO2025-11-19A107,00000CommonForm 4 ↗
Gil LabrucherieDirector2025-11-19A12,00000Derivative, Class A CommonForm 4 ↗
Erik HarrisDirector2025-11-19A12,00000Derivative, Class A CommonForm 4 ↗
Young-Jin KimDirector2025-11-19A12,00000Derivative, Class A CommonForm 4 ↗
Young-Jin KimDirector2025-11-19A21,00000CommonForm 4 ↗
Brian RobertsChief Medical Officer2025-11-19A123,00000CommonForm 4 ↗
Brian RobertsChief Medical Officer2025-11-19A72,00000Derivative, Class A CommonForm 4 ↗
Sunil Ratilal KarnawatChief Commercial Officer2025-11-19A32,00000CommonForm 4 ↗
Sunil Ratilal KarnawatChief Commercial Officer2025-11-19A19,00000Derivative, Class A CommonForm 4 ↗
Daron EvansCFO2025-11-19A63,00000Derivative, Class A CommonForm 4 ↗
Nerissa KreherDirector2025-11-19A21,00000CommonForm 4 ↗
Sunil Ratilal KarnawatChief Commercial Officer2025-12-15A1002160CommonForm 4 ↗
Sunil Ratilal KarnawatChief Commercial Officer2025-12-15A12,000219,439CommonForm 4 ↗
Nevan Charles ElamDirector2025-12-15A32,000250,880CommonForm 4 ↗
Daron EvansCFO2025-12-15A40,000270,640CommonForm 4 ↗
Daron EvansCFO2025-12-15A2,50024,463CommonForm 4 ↗
Daron EvansCFO2025-12-15A2,50024,475CommonForm 4 ↗
Wladimir HogenhuisDirector2025-12-16A5,65029,549CommonForm 4 ↗
Brian RobertsChief Medical Officer2025-12-16A28,000247,600CommonForm 4 ↗
Brian RobertsChief Medical Officer2026-03-02D11,439334,203CommonForm 4 ↗
Daron EvansCFO2026-03-02D11,438334,200CommonForm 4 ↗
Nevan Charles ElamDirector2026-03-02D27,618382,578CommonForm 4 ↗
Daron EvansCFO2026-03-30A10,000328,500CommonForm 4 ↗
Nevan Charles ElamDirector2026-07-02D8,004539,940CommonForm 4 ↗
Daron EvansCFO2026-07-02D3,062515,279CommonForm 4 ↗
Brian RobertsChief Medical Officer2026-07-02D3,062515,279CommonForm 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
Brian RobertsRSU$667,202
Daron EvansRSU1,016,452
Nevan Charles ElamRSU1,767,204
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Brian Roberts$667,202$0$00.0%
Daron Evans1,016,452000.0%
Nevan Charles Elam1,767,204000.0%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Nevan Charles ElamRSU272,000$1,213,120
Daron EvansRSU77,000343,420
Nevan Charles ElamRSU204,000909,840
Brian RobertsRSU26,000115,960
Brian RobertsRSU77,000343,420
Daron EvansOption40,0004.61
Brian RobertsRSU103,000459,380
Daron EvansRSU102,395332,605
Nevan Charles ElamRSU68,000303,280
Daron EvansRSU26,000115,960
Nevan Charles ElamOption650,0003.4
Nevan Charles ElamOption106,6674.61
Brian RobertsOption175,0003.4
Brian RobertsOption15,0004.39
Daron EvansOption100,0004.79
Brian RobertsOption40,0004.61
Daron EvansOption15,0004.39
Brian RobertsRSU706,3883,150,490
Daron EvansOption177,6051.02
Nevan Charles ElamOption179,4451.02
Nevan Charles ElamOption40,0004.39
Daron EvansRSU103,000459,380
Brian RobertsOption68,6121.02
Nevan Charles ElamRSU2,698,88812,037,040
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation program is designed to attract and retain qualified executives through a combination of base salary, annual cash bonuses tied to achievement of performance criteria set by the Board, and equity awards, with target bonus percentages varying by role (e.g., CEO up to 60% of base salary).

CEO STI target (% of salary)60%
CEO LTI target (% of salary)
Independent consultant
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
Gil LabrucherieIndependent · Audit (Chair) · Compensation · Nominating/Governance$74,000$157,065$65,093$0$296,158
Wladimir HogenhuisIndependent · Audit · Compensation (Chair) · Nominating/Governance71,500157,06565,0930293,658
Philippe FauchetIndependent · Audit · Compensation · Nominating/Governance67,500157,06565,0930289,658
Nerissa KreherIndependent · Nominating/Governance (Chair) · Compensation63,000157,06565,0930285,158
Young-Jin KimNot independent45,000157,06565,0930267,158
Erik HarrisIndependent · Compensation · Newly elected11,2500125,6700136,920
Nevan Charles ElamEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 11,000 / 11,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$332,250
Equity awards (grant-date value)$785,325
All other compensation$0
Total cost of the board$1,117,575

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
1Rezolute2025Nevan Charles Elam$610,825$1,767,204$0$0$2,851,109

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, Nevan Charles ElamDEF 14A2025-10-070001104659-25-097509Section “Summary Compensation Table”. As printed: 2,851,109. Filing ↗machine: t83 · r3 · c17 · span 413905–413914
2Section 01, Daron EvansDEF 14A2025-10-070001104659-25-097509Section “Summary Compensation Table”. As printed: 1,715,661. Filing ↗machine: t83 · r7 · c17 · span 433110–433119
3Section 01, Brian RobertsDEF 14A2025-10-070001104659-25-097509Section “Summary Compensation Table”. As printed: 1,434,728. Filing ↗machine: t83 · r5 · c17 · span 423497–423506
4Section 03, Brian Roberts RSUDEF 14A2025-10-070001104659-25-097509Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t83 · r5 · c11 · span 421763–421770
5Section 03, Daron Evans RSUDEF 14A2025-10-070001104659-25-097509Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t83 · r7 · c11 · span 431373–431382
6Section 03, Nevan Charles Elam RSUDEF 14A2025-10-070001104659-25-097509Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t83 · r3 · c11 · span 412169–412178
7Section 07, pay ratio10-K2025-09-170001104659-25-090848Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Gil LabrucherieDEF 14A2025-10-070001104659-25-097509Section “Director Compensation”. As printed: 296,158. Filing ↗machine: t41 · r5 · c8 · span 201203–201210
9Section 08, Wladimir HogenhuisDEF 14A2025-10-070001104659-25-097509Section “Director Compensation”. As printed: 293,658. Filing ↗machine: t41 · r8 · c8 · span 209195–209202
10Section 08, Philippe FauchetDEF 14A2025-10-070001104659-25-097509Section “Director Compensation”. As printed: 289,658. Filing ↗machine: t41 · r7 · c8 · span 206472–206479
11Section 08, Nerissa KreherDEF 14A2025-10-070001104659-25-097509Section “Director Compensation”. As printed: 285,158. Filing ↗machine: t41 · r6 · c8 · span 203922–203929
12Section 08, Young-Jin KimDEF 14A2025-10-070001104659-25-097509Section “Director Compensation”. As printed: 267,158. Filing ↗machine: t41 · r9 · c8 · span 211742–211749
13Section 08, Erik HarrisDEF 14A2025-10-070001104659-25-097509Section “Director Compensation”. As printed: 136,920. Filing ↗machine: t41 · r4 · c8 · span 198654–198661
14Section 08, Nevan Charles ElamDEF 14A2025-10-070001104659-25-097509Section “Director Compensation”. As printed: 0. Filing ↗
15Section 02, Erik Harris 2025-11-19Form 42025-11-210000912282-25-001286Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Nerissa Kreher 2025-11-19Form 42025-11-210000912282-25-001290Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Wladimir Hogenhuis 2025-11-19Form 42025-11-210000912282-25-001288Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Wladimir Hogenhuis 2025-11-19Form 42025-11-210000912282-25-001288Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Philippe Fauchet 2025-11-19Form 42025-11-210000912282-25-001281Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Gil Labrucherie 2025-11-19Form 42025-11-210000912282-25-001279Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Nevan Charles Elam 2025-11-19Form 42025-11-210000912282-25-001294Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Philippe Fauchet 2025-11-19Form 42025-11-210000912282-25-001281Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Nevan Charles Elam 2025-11-19Form 42025-11-210000912282-25-001294Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Daron Evans 2025-11-19Form 42025-11-210000912282-25-001292Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Gil Labrucherie 2025-11-19Form 42025-11-210000912282-25-001279Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Erik Harris 2025-11-19Form 42025-11-210000912282-25-001286Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Young-Jin Kim 2025-11-19Form 42025-11-210000912282-25-001283Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Young-Jin Kim 2025-11-19Form 42025-11-210000912282-25-001283Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Brian Roberts 2025-11-19Form 42025-11-210000912282-25-001299Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Brian Roberts 2025-11-19Form 42025-11-210000912282-25-001299Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Sunil Ratilal Karnawat 2025-11-19Form 42025-11-210000912282-25-001298Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Sunil Ratilal Karnawat 2025-11-19Form 42025-11-210000912282-25-001298Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Daron Evans 2025-11-19Form 42025-11-210000912282-25-001292Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Nerissa Kreher 2025-11-19Form 42025-11-210000912282-25-001290Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Sunil Ratilal Karnawat 2025-12-15Form 42025-12-150000912282-25-001421Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Sunil Ratilal Karnawat 2025-12-15Form 42025-12-150000912282-25-001421Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Nevan Charles Elam 2025-12-15Form 42025-12-150000912282-25-001423Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Daron Evans 2025-12-15Form 42025-12-150000912282-25-001424Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Daron Evans 2025-12-15Form 42025-12-150000912282-25-001424Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Daron Evans 2025-12-15Form 42025-12-150000912282-25-001424Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Wladimir Hogenhuis 2025-12-16Form 42025-12-170000912282-25-001429Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Brian Roberts 2025-12-16Form 42025-12-170000912282-25-001427Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Brian Roberts 2026-03-02Form 42026-03-040000912282-26-000412Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Daron Evans 2026-03-02Form 42026-03-040000912282-26-000411Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Nevan Charles Elam 2026-03-02Form 42026-03-040000912282-26-000410Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Daron Evans 2026-03-30Form 42026-03-310000912282-26-000533Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Nevan Charles Elam 2026-07-02Form 42026-07-070000912282-26-000930Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Daron Evans 2026-07-02Form 42026-07-070000912282-26-000929Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Brian Roberts 2026-07-02Form 42026-07-070000912282-26-000936Insider equity transaction reported since the proxy statement. Filing ↗
50Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
51Section 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
52Section 09b board cost (computed)ComputedcomputedCash 332,250 + equity 785,325 + all other 0 = 1,117,575, summed across the director compensation table rows.machine: formula: Σ = 1,117,575
53Rezolute (subject), Section 10b CEO totalDEF 14A2025-10-070001104659-25-097509CEO total compensation as printed in Rezolute's own proxy. As printed: 2,851,109. Filing ↗machine: t83 · r3 · c17 · span 413905–413914