Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-15

Protara Therapeutics (TARA)

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.

$2,655,774
Jesse Shefferman total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
94.63%
Say-on-pay support, latest vote
Companies that benchmark against TARA
1 company names TARA as a compensation peer

Each company listed discloses TARA 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 TARA 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
Jesse Shefferman$654,888$0$294,450$1,277,216$351,184$0$78,036$2,655,774
President, Chief Executive Officer and Director
Leonardo Nicacio373,86475,000208,500453,435229,753041,9311,382,483
Chief Medical Officer
Jacqueline Zummo494,0000110,985481,844219,521075,9241,382,274
Chief R&D 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
Jesse Shefferman$2,655,774$1,791,843+863,931
Leonardo Nicacio1,382,483
Jacqueline Zummo1,382,2741,214,189+168,085

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jesse SheffermanRSU65,000$346,450
Leonardo NicacioRSU50,000266,500
Jesse SheffermanRSU39,332209,640
Jacqueline ZummoRSU24,500130,585
Jesse SheffermanRSU17,09991,138
Jacqueline ZummoRSU15,33381,725
Jacqueline ZummoRSU6,63335,354
Jesse SheffermanOption5,2826.9
Jesse SheffermanOption83,2823.02
Jesse SheffermanOption185,9381.91
Jesse SheffermanOption387,0004.53
Leonardo NicacioOption150,0004.17
Jacqueline ZummoOption1,7676.9
Jacqueline ZummoOption32,3113.02
Jacqueline ZummoOption71,3551.91
Jacqueline ZummoOption146,0004.53
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation program is designed to attract, retain, and motivate employees, consultants, and directors by aligning their long-term financial interests with those of stockholders through equity-based awards and rewarding executives for achieving defined annual performance goals.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1229,208,2051,656,99448,66694.63%Passed
20252025-06-1120,420,306134,1102,055,72899.35%Passed
20242024-06-076,999,091196,4572,585,67497.27%Passed
20232023-06-075,571,777296,33862,57694.95%Passed
20222022-06-086,426,881126,27654,90298.07%Passed
20212021-06-096,310,19197,53118,59798.48%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
20262026-06-1294.63%a
20252025-06-1199.35%b
20242024-06-0797.27%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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Luke BesharIndependent · Board Chair · Audit · Nominating and Corporate Governance (Chair)$171,500$54,991$226,491
Richard Levy, M.DIndependent94,50054,991149,491
Roger Garceau, M.DIndependent66,50054,991121,491
Jane Huang, M.DIndependent65,00054,991119,991
Gregory SargenIndependent · Audit (Chair)55,00054,991109,991
Michael Solomon, Ph.DIndependent52,50054,991107,491
Michael SolomonIndependent · Audit · Nominating and Corporate Governance52,50054,991107,491
Cynthia SmithIndependent · Compensation (Chair)52,00054,991106,991
Barry Flannelly, Pharm.DIndependent46,00054,991100,991
Jesse SheffermanEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$655,500
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$655,500

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.

Number of Shares
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
1Protara Therapeutics2025Jesse Shefferman$654,888$294,450$1,277,216$351,184$2,655,774

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, Jesse SheffermanDEF 14A2026-04-280001213900-26-048536Section “Executive Compensation”. As printed: 2,655,774. Filing ↗machine: r1 · c16 · span 701928–701937
2Section 01, Leonardo NicacioDEF 14A2026-04-280001213900-26-048536Section “Executive Compensation”. As printed: 1,382,483. Filing ↗machine: r3 · c16 · span 721275–721284
3Section 01, Jacqueline ZummoDEF 14A2026-04-280001213900-26-048536Section “Executive Compensation”. As printed: 1,382,274. Filing ↗machine: r5 · c16 · span 737490–737499
4Section 08, Luke BesharDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 226,491. Filing ↗machine: span 1239748–1240127
5Section 08, Richard Levy, M.DDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 149,491. Filing ↗machine: span 1255506–1255885
6Section 08, Roger Garceau, M.DDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 121,491. Filing ↗machine: span 1247632–1248011
7Section 08, Jane Huang, M.DDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 119,991. Filing ↗machine: span 1251558–1251937
8Section 08, Gregory SargenDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 109,991. Filing ↗machine: span 1259430–1259809
9Section 08, Michael Solomon, Ph.DDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 107,491. Filing ↗machine: span 1267305–1267684
10Section 08, Michael SolomonDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 107,491. Filing ↗machine: span 1267305–1267684
11Section 08, Cynthia SmithDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 106,991. Filing ↗machine: span 1263373–1263752
12Section 08, Barry Flannelly, Pharm.DDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 100,991. Filing ↗machine: span 1243683–1244062
13Section 08, Jesse SheffermanDEF 14A2026-04-280001213900-26-048536Section “Director Compensation”. As printed: 0. Filing ↗
14Section 06, 2026 voteForm 8-K2026-06-150001213900-26-068774Item 5.07 · say-on-pay result. As reported: 94.63% (votes for as printed: 29,208,205). Filing ↗
15Section 06, 2025 voteForm 8-K2025-06-120001213900-25-053844Item 5.07 · say-on-pay result. As reported: 99.35% (votes for as printed: 20,420,306). Filing ↗
16Section 06, 2024 voteForm 8-K2024-06-100001213900-24-051210Item 5.07 · say-on-pay result. As reported: 97.27% (votes for as printed: 6,999,091). Filing ↗
17Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 09b board cost (computed)ComputedcomputedCash 655,500 + equity 0 + all other 0 = 655,500, summed across the director compensation table rows.machine: formula: Σ = 655,500
19Protara Therapeutics (subject), Section 10b CEO totalDEF 14A2026-04-280001213900-26-048536CEO total compensation as printed in Protara Therapeutics's own proxy. As printed: 2,655,774. Filing ↗machine: r1 · c16 · span 701928–701937