Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-29

Vir Biotechnology (VIR)

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.

$7,834,045
Marianne De Backer total, FY2025
25th
CEO pay percentile vs peers
24:1
CEO-to-median pay ratio
90.14%
Say-on-pay support, latest vote
Companies that benchmark against VIR
13 companies name VIR as a compensation peer

Each company listed discloses VIR 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 VIR 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
Marianne De Backer$950,000$0$2,296,800$3,507,360$1,002,750$0$77,135$7,834,045
President, Chief Executive Officer and Director
Mark Eisner660,833375,000382,800584,560354,291014,0002,371,484
Executive Vice President and Chief Medical Officer
Jason O'Byrne534,417150,000382,800584,560286,051014,0001,951,828
Executive Vice President and Chief Financial Officer
Vanina de Verneuil506,3330334,950511,490329,64808,3631,690,784
Executive Vice President, General Counsel and Corporate 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Marianne De Backer$7,834,045
Mark Eisner2,371,484
Jason O'Byrne1,951,828
Vanina de Verneuil1,690,784

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
Marianne De BackerDirector2026-04-29A233,532$0$0CommonForm 4 ↗
Marianne De BackerDirector2026-04-29D233,53200CommonForm 4 ↗
Vicki SatoDirector2026-05-01D22,00010221,025CommonForm 4 ↗
Ramy FaridDirector2026-05-27A16,00000Derivative, Class A CommonForm 4 ↗
Jeffrey S. HatfieldDirector2026-05-27A8,00000RSUForm 4 ↗
Jeffrey S. HatfieldDirector2026-05-27A16,00000Derivative, Class A CommonForm 4 ↗
Robert MoreDirector2026-05-27A16,00000Derivative, Class A CommonForm 4 ↗
Ramy FaridDirector2026-05-27A8,00000RSUForm 4 ↗
Norbert BischofbergerDirector2026-05-27A8,00000RSUForm 4 ↗
Norbert BischofbergerDirector2026-05-27A16,00000Derivative, Class A CommonForm 4 ↗
Janet NapolitanoDirector2026-05-27A16,00000Derivative, Class A CommonForm 4 ↗
Elliott SigalDirector2026-05-27A8,00000RSUForm 4 ↗
Elliott SigalDirector2026-05-27A16,00000Derivative, Class A CommonForm 4 ↗
Janet NapolitanoDirector2026-05-27A8,00000RSUForm 4 ↗
Robert MoreDirector2026-05-27A8,00000RSUForm 4 ↗
Brent SabatiniSVP, Chief Accounting Officer2026-06-01D37993,582CommonForm 4 ↗
Janet NapolitanoDirector2026-06-01D3,200930,240CommonForm 4 ↗
Timothy CoughlinDirector2026-06-09A16,00000Derivative, Class A CommonForm 4 ↗
Timothy CoughlinDirector2026-06-09A16,00000Derivative, Class A CommonForm 4 ↗
Timothy CoughlinDirector2026-06-09A8,00000RSUForm 4 ↗
Timothy CoughlinDirector2026-06-09A8,00000RSUForm 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
Jason O ByrneOPTION2025-02-2280,000$584,560
Mark EisnerRSU2025-02-2240,000382,800
Marianne De BackerRSU2025-02-22240,0002,296,800
Marianne De BackerOPTION2025-02-22480,0003,507,360
Jason O ByrneRSU2025-02-2240,000382,800
Mark EisnerOPTION2025-02-2280,000584,560
Marianne De BackerRSU2025-02-2222222334,950
Marianne De BackerOTHER2025-02-2222511,490
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jason O Byrne$382,800$0$584,5600.0%
Mark Eisner382,8000584,5600.0%
Marianne De Backer2,631,75003,507,3600.0%

% 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
Mark EisnerRSU56,250$339,188
Vanina de VerneuilRSU35,000211,050
Vanina de VerneuilOption70,0009.57
Marianne De BackerRSU131,250791,438
Vanina de VerneuilRSU7,50045,225
Marianne De BackerOption189,58410.11
Vanina de VerneuilOption8,75027.01
Jason O'ByrneOption80,0009.57
Jason O'ByrneRSU40,000241,200
Vanina de VerneuilRSU16,875101,756
Vanina de VerneuilRSU9,52457,430
Vanina de VerneuilOption14,37510.04
Mark EisnerRSU40,000241,200
Marianne De BackerRSU288,2261,738,003
Marianne De BackerRSU240,0001,447,200
Marianne De BackerOption480,0009.57
Jason O'ByrneOption109,3758.64
Marianne De BackerOption384,30223.28
Vanina de VerneuilOption24,37510.11
Jason O'ByrneRSU56,250339,188
Vanina de VerneuilRSU2,12512,814
Mark EisnerOption80,0009.57
Vanina de VerneuilOption70929.48
Mark EisnerOption96,8759.37
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to enable us to attract and retain outstanding talent, to motivate management to achieve the Company's critical priorities, and to align management's incentives with the long-term interests of our stockholders.

CEO STI target (% of salary)80%
CEO LTI target (% of salary)
Independent consultantSemler Brossy
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-26108,453,96311,863,4051,372,56390.14%Passed
20252025-05-29100,486,8104,280,297151,74895.91%Passed
20242024-05-2983,922,78922,639,307158,33178.64%Passed
20232023-05-19106,031,7234,377,09297,04895.95%Passed
20222022-05-2094,041,7698,061,41797,98792.02%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
20262026-05-2690.14%a
20252025-05-2995.91%b
20242024-05-2978.64%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “Abstentions will be counted towards the vote total for Proposals 2 and 3 and will have the same effect as "Against" votes in each case.”.

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$7,834,045
Median employee compensation$331,187
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Elliott SigalIndependent · Compensation · Science and Technology (Chair)$90,030$39,520$57,955$0$0$187,505
Vicki SatoIndependent · Nominating and Corporate Governance · Science and Technology · Not standing for re-election87,50039,52057,95500184,975
Jeffrey S. HatfieldIndependent · Audit · Nominating and Corporate Governance (Chair)87,17039,52057,95500184,645
Robert MoreIndependent · Audit · Compensation (Chair)85,38539,52057,95500182,860
Saira RamasastryIndependent · Audit (Chair)82,65139,52057,95500180,126
Norbert BischofbergerIndependent · Compensation · Science and Technology79,18639,52057,95500176,661
Ramy FaridIndependent · Audit · Science and Technology67,50039,52057,95500164,975
Janet NapolitanoIndependent · Compensation · Nominating and Corporate Governance62,50039,52057,95500159,975
George ScangosIndependent · Science and Technology · Departed during FY39,5570039,557
Robert NelsenIndependent · Nominating and Corporate Governance · Departed during FY22,6650022,665
Marianne De BackerEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$385,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)50,000
Stock ownership guidelineLesser of 3x annual cash retainer fair market value or 5,000 shares (non-employee directors); CEO: lesser of 4x annual base salary or 100,000 shares; other executives: lesser of 1x annual base salary or 25,000 shares
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$704,144
Equity awards (grant-date value)$316,160
All other compensation$0
Total cost of the board$1,020,304

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 Vir Biotechnology 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 Vir Biotechnology.

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
1BridgeBio Pharma2025Neil Kumar$1,044,000$10,606,275$1,874,992$0$14,944,585
2Janux Therapeutics2025David Campbell680,000012,459,031367,20013,506,231
3Apellis2024Cedric Francois793,1934,779,8324,787,768010,957,451
4Vir Biotechnology2025Marianne De Backer950,0002,296,8003,507,3601,002,7507,834,045
5Replimune Group2026Sushil Patel700,0003,376,0031,448,325315,0005,845,982

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
Vir Biotechnology125%Options 67 · RSU 33not disclosedSemler Brossy
Apellis90.74%not disclosedYes — Total Shareholder Return (TSR) relative to NASDAQ Biotechnology IndexPay Governance
BridgeBio Pharma135%RSU 50 · PSU 35 · Options 15NoAon Talent Solutions
Janux Therapeutics90%not disclosednot disclosedFW Cook
Replimune Groupnot disclosednot disclosedNoPearl 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, Marianne De BackerDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table”. As printed: 7,834,045. Filing ↗machine: t71 · r3 · c22 · span 625913–625922
2Section 01, Mark EisnerDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table”. As printed: 2,371,484. Filing ↗machine: t71 · r8 · c22 · span 643284–643293
3Section 01, Jason O'ByrneDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table”. As printed: 1,951,828. Filing ↗machine: t71 · r10 · c22 · span 650128–650137
4Section 01, Vanina de VerneuilDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table”. As printed: 1,690,784. Filing ↗machine: t71 · r6 · c22 · span 636266–636275
5Section 03, Jason O Byrne OPTIONDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t71 · r10 · c13 · span 648902–648909
6Section 03, Mark Eisner RSUDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t71 · r8 · c10 · span 641649–641656
7Section 03, Marianne De Backer RSUDEF 14A2026-04-160001628280-26-025379Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r6 · c20 · span 692503–692512
8Section 03, Marianne De Backer OPTIONDEF 14A2026-04-160001628280-26-025379Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r5 · c20 · span 689339–689348
9Section 03, Jason O Byrne RSUDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t71 · r10 · c10 · span 648493–648500
10Section 03, Mark Eisner OPTIONDEF 14A2026-04-160001628280-26-025379Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t71 · r8 · c13 · span 642058–642065
11Section 03, Marianne De Backer RSUDEF 14A2026-04-160001628280-26-025379Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Marianne De Backer OTHERDEF 14A2026-04-160001628280-26-025379Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 07, pay ratioDEF 14A2026-04-160001628280-26-025379Section “CEO Pay Ratio”. As printed: 24 : 1. Filing ↗machine: span 948567–948569
14Section 08, Elliott SigalDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 187,505. Filing ↗machine: t78 · r12 · c11 · span 974552–974559
15Section 08, Vicki SatoDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 184,975. Filing ↗machine: t78 · r3 · c11 · span 957095–957102
16Section 08, Jeffrey S. HatfieldDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 184,645. Filing ↗machine: t78 · r6 · c11 · span 962829–962836
17Section 08, Robert MoreDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 182,860. Filing ↗machine: t78 · r7 · c11 · span 964713–964720
18Section 08, Saira RamasastryDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 180,126. Filing ↗machine: t78 · r10 · c11 · span 970571–970578
19Section 08, Norbert BischofbergerDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 176,661. Filing ↗machine: t78 · r4 · c11 · span 959036–959043
20Section 08, Ramy FaridDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 164,975. Filing ↗machine: t78 · r5 · c11 · span 960937–960944
21Section 08, Janet NapolitanoDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 159,975. Filing ↗machine: t78 · r8 · c11 · span 966608–966615
22Section 08, George ScangosDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 39,557. Filing ↗machine: t78 · r11 · c2 · span 971425–971431
23Section 08, Robert NelsenDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 22,665. Filing ↗machine: t78 · r9 · c2 · span 967454–967460
24Section 08, Marianne De BackerDEF 14A2026-04-160001628280-26-025379Section “Director Compensation”. As printed: 0. Filing ↗
25Section 02, Marianne De Backer 2026-04-29Form 42026-04-300001628280-26-029041Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Marianne De Backer 2026-04-29Form 42026-04-300001628280-26-029041Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Vicki Sato 2026-05-01Form 42026-05-040001628280-26-029640Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Ramy Farid 2026-05-27Form 42026-05-280001628280-26-038962Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Jeffrey S. Hatfield 2026-05-27Form 42026-05-280001628280-26-038963Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Jeffrey S. Hatfield 2026-05-27Form 42026-05-280001628280-26-038963Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Robert More 2026-05-27Form 42026-05-280001628280-26-038964Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Ramy Farid 2026-05-27Form 42026-05-280001628280-26-038962Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Norbert Bischofberger 2026-05-27Form 42026-05-280001628280-26-038961Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Norbert Bischofberger 2026-05-27Form 42026-05-280001628280-26-038961Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Janet Napolitano 2026-05-27Form 42026-05-280001628280-26-038965Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Elliott Sigal 2026-05-27Form 42026-05-280001628280-26-038966Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Elliott Sigal 2026-05-27Form 42026-05-280001628280-26-038966Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Janet Napolitano 2026-05-27Form 42026-05-280001628280-26-038965Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Robert More 2026-05-27Form 42026-05-280001628280-26-038964Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Brent Sabatini 2026-06-01Form 42026-06-020001628280-26-039938Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Janet Napolitano 2026-06-01Form 42026-06-020001628280-26-039943Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Timothy Coughlin 2026-06-09Form 42026-06-100001628280-26-042326Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Timothy Coughlin 2026-06-09Form 42026-06-100001628280-26-042326Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Timothy Coughlin 2026-06-09Form 42026-06-100001628280-26-042326Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Timothy Coughlin 2026-06-09Form 42026-06-100001628280-26-042326Insider equity transaction reported since the proxy statement. Filing ↗
46Section 06, 2026 voteForm 8-K2026-05-280001628280-26-038630Item 5.07 · say-on-pay result. As reported: 90.14% (votes for as printed: 108,453,963). Filing ↗
47Section 06, 2025 voteForm 8-K2025-05-290001628280-25-028356Item 5.07 · say-on-pay result. As reported: 95.91% (votes for as printed: 100,486,810). Filing ↗
48Section 06, 2024 voteForm 8-K2024-05-290001193125-24-149139Item 5.07 · say-on-pay result. As reported: 78.64% (votes for as printed: 83,922,789). Filing ↗
49Section 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
50Section 09b board cost (computed)ComputedcomputedCash 704,144 + equity 316,160 + all other 0 = 1,020,304, summed across the director compensation table rows.machine: formula: Σ = 1,020,304
51BridgeBio Pharma, Section 10b CEO totalDEF 14A2026-04-240001140361-26-016723CEO total compensation as printed in BridgeBio Pharma's own proxy. As printed: 14,944,585. Filing ↗machine: r2 · c21 · span 527521–527531
52Janux Therapeutics, Section 10b CEO totalDEF 14A2026-04-280001193125-26-187095CEO total compensation as printed in Janux Therapeutics's own proxy. As printed: 13,506,231. Filing ↗machine: r2 · c22 · span 571399–571409
53Apellis, Section 10b CEO totalDEF 14A2025-04-230000950170-25-056966CEO total compensation as printed in Apellis's own proxy. As printed: 10,957,451. Filing ↗machine: r2 · c25 · span 951555–951565
54Vir Biotechnology (subject), Section 10b CEO totalDEF 14A2026-04-160001628280-26-025379CEO total compensation as printed in Vir Biotechnology's own proxy. As printed: 7,834,045. Filing ↗machine: t71 · r3 · c22 · span 625913–625922
55Replimune Group, Section 10b CEO totalDEF 14A2026-07-290001104659-26-087650CEO total compensation as printed in Replimune Group's own proxy. As printed: 5,845,982. Filing ↗machine: r1 · c41 · span 430765–430774
56Section 10a, Apellis reciprocityDEF 14A0000950170-25-056966Apellis's most recent proxy was read; its disclosed peer group does not include Vir Biotechnology. Filing ↗
57Section 10a, BridgeBio Pharma reciprocityDEF 14A0001140361-26-016723BridgeBio Pharma's most recent proxy was read; its disclosed peer group does not include Vir Biotechnology. Filing ↗
58Section 10a, Janux Therapeutics reciprocityDEF 14A0001193125-26-187095Janux Therapeutics's most recent proxy was read; its disclosed peer group does not include Vir Biotechnology. Filing ↗