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Companies TCR2 Therapeutics Inc

TCR2 Therapeutics (TCRR): executive pay, fiscal 2022

Free brief. Every figure links to the company’s own filing.

TCR2 Therapeutics Inc no longer files a proxy statement; its last pay data is FY2022.

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CEO total pay$1,744,815CEO Garry Menzel · source

CEO pay, last three years

  • $1,904,534FY2021
  • $1,744,815FY2022

CEO total pay was $1,744,815 in fiscal 2022, down from $1,904,534 in fiscal 2021.

FY2022: salary $602,800 · bonus $0 · stock awards $666,160 · option awards $154,705

Frequently asked questions

Who was the highest-paid executive at TCR2 Therapeutics Inc in fiscal 2022?
As disclosed, Garry Menzel (President and Chief Executive Officer) was the highest-paid executive at TCR2 Therapeutics Inc in fiscal 2022, with total compensation of $1,744,815.
How much does TCR2 Therapeutics Inc spend in total on board compensation for fiscal 2022?
As disclosed, TCR2 Therapeutics Inc reported total board compensation of $332,000 for fiscal 2022.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Garry Menzel$602,800$0$666,160$154,705$312,000$0$9,150$1,744,815
President and Chief Executive Officer
Rosemary Harrison372,083012,437531,582140,000010,4611,066,563
Chief Business & Strategy Officer
Alfonso Cardama486,0005,000281,03745,922183,000011,1501,012,109
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 officerFY2022 totalFY2021 totalFY2020 totalΔ FY2021→2022
Garry Menzel$1,744,815$1,904,534—↓ −159,719
Rosemary Harrison1,066,563———
Alfonso Cardama1,012,1091,039,084—↓ −26,975

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policy—
Anti-hedging—
Anti-pledging—
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Alfonso CardamaRSU11,775—$11,775
Rosemary HarrisonRSU12,882—12,882
Alfonso CardamaRSU17,447—17,447
Garry MenzelRSU39,681—39,681
Garry MenzelRSU41,526—41,526
Rosemary HarrisonPSU46,597—46,597
Alfonso CardamaPSU57,350—57,350
Alfonso CardamaOption70,6490.97—
Rosemary HarrisonOption76,9300.97—
Alfonso CardamaOption114,7005.21—
Garry MenzelPSU152,900—152,900
Rosemary HarrisonOption191,1024.04—
Garry MenzelOption238,0080.97—
Garry MenzelOption305,8005.21—
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephen WebsterIndependent$85,000—$10,920—$0$95,920
Neil W. GibsonIndependent57,500—10,920—068,420
Andrew AllenIndependent52,500—10,920—063,420
Shawn TomaselloIndependent49,000—10,920—059,920
Priti HegdeIndependent44,000—10,920—054,920
Axel HoosIndependent44,000—10,920—054,920
Ansbert GadickeNot independent0—0—0—

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)15,000 / 10,000 / 8,000
Stock ownership guideline—

Total cost of the board

ComponentFY2022
Cash retainers and fees$332,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$332,000

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

Peer group, and who names TCR2 Therapeutics as a peer

Companies that benchmark against TCRR

No companies currently name TCRR as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

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
1TCR2 Therapeutics Inc2022Garry Menzel$602,800$666,160$154,705$312,000$1,744,815

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.

Say-on-pay history and pay ratio

No say-on-pay vote is on file for this company.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (13 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Garry Menzel. 10-K, filed 2023-03-23. Section “Executive Compensation” · page 141. As printed: 1,744,815. View filing ↗
  • Section 01, Rosemary Harrison. 10-K, filed 2023-03-23. Section “Executive Compensation” · page 141. As printed: 1,066,563. View filing ↗
  • Section 01, Alfonso Cardama. 10-K, filed 2023-03-23. Section “Executive Compensation” · page 141. As printed: 1,012,109. View filing ↗
  • Section 08, Stephen Webster. 10-K, filed 2023-03-23. Section “Director Compensation”. As printed: 95,920. View filing ↗
  • Section 08, Neil W. Gibson. 10-K, filed 2023-03-23. Section “Director Compensation”. As printed: 68,420. View filing ↗
  • Section 08, Andrew Allen. 10-K, filed 2023-03-23. Section “Director Compensation”. As printed: 63,420. View filing ↗
  • Section 08, Shawn Tomasello. 10-K, filed 2023-03-23. Section “Director Compensation”. As printed: 59,920. View filing ↗
  • Section 08, Priti Hegde. 10-K, filed 2023-03-23. Section “Director Compensation”. As printed: 54,920. View filing ↗
  • Section 08, Axel Hoos. 10-K, filed 2023-03-23. Section “Director Compensation”. As printed: 54,920. View filing ↗
  • Section 08, Ansbert Gadicke. 10-K, filed 2023-03-23. Section “Director Compensation”. As printed: —. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 332,000 + equity 0 + all other 0 = 332,000, summed across the director compensation table rows.
  • TCR2 Therapeutics Inc (subject), Section 10b CEO total. 10-K, filed 2023-03-23. CEO total compensation as printed in TCR2 Therapeutics Inc's own proxy. As printed: 1,744,815. View filing ↗