Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-04-30

Y-mAbs Therapeutics (YMAB)

Fiscal year 2024 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.

$4,557,590
Michael Rossi total, FY2024
50th
CEO pay percentile vs peers
CEO-to-median pay ratio
87.56%
Say-on-pay support, latest vote
Companies that benchmark against YMAB
10 companies name YMAB as a compensation peer

Each company listed discloses YMAB 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 YMAB 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 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Rossi$705,600$0$1,170,732$2,288,662$392,596$0$0$4,557,590
President and Chief Executive Officer
Peter Pfreundschuh252,0830573,6201,580,60998,405002,504,717
Executive Vice President, Chief Financial Officer and Treasurer
Thomas Gad579,7520213,928949,349248,134084,0002,075,163
Founder, Chief Business Officer and Vice Chairman of the Board of Directors

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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Michael Rossi$4,557,590$3,110,553+1,447,037
Peter Pfreundschuh2,504,717
Thomas Gad2,075,1632,454,483−379,320

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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael RossiPSU54,000$422,820
Peter PfreundschuhRSU46,000360,180
Michael RossiRSU35,700279,531
Thomas GadRSU22,100173,043
Michael RossiOption448,6345.75
Thomas GadRSU27,001211,418
Michael RossiOption214,20014.36
Thomas GadOption27,58815.73
Thomas GadOption21,2889.52
Thomas GadOption126,2354.7
Thomas GadOption54,6905.75
Thomas GadOption132,5009.83
05

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee generally targets the 50th percentile of the peer group for base salary and target total cash and between the 50th and 75th percentile for long-term equity incentives for our executive officers.

CEO STI target (% of salary)65%
CEO LTI target (% of salary)
Independent consultantAon's Human Capital Solutions practice (division of Aon plc)
Clawback policytrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-07-1127,011,0273,838,5651,75587.56%Passed
20242024-06-1127,772,834721,69352197.47%Passed
20232023-06-0815,934,5645,999,4628,13272.65%Passed
20222022-06-0915,782,69711,179,894534,10958.54%Passed
20212021-06-1020,503,30910,933,5631,22565.22%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
20252025-07-1187.56%a
20242024-06-1197.47%b
20232023-06-0872.65%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 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mary TagliaferriIndependent · Compensation · Not standing for re-election$31,301$116,954$454,242$0$602,497
James I. HealyIndependent · Board Chair · Audit95,00041,975125,8170262,792
David N. GillIndependent · Audit (Chair) · Compensation · Nominating/Governance82,50041,975125,8170250,292
Laura J. HamillIndependent · Compensation (Chair) · Nominating/Governance70,00041,975125,8170237,792
Ashutosh TyagiIndependent · Nominating/Governance (Chair)60,00041,975125,8170227,792
Johan Wedell-WedellsborgIndependent · Audit60,00041,975125,8170227,792
Dr. Gérard BerIndependent · Compensation · Departed during FY40,06100040,061
Thomas GadEmployee director00000
Michael RossiEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$170,000
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

ComponentFY2024
Cash retainers and fees$438,862
Equity awards (grant-date value)$326,829
All other compensation$0
Total cost of the board$765,691

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

10

Disclosed peer group — fiscal year 2024

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 Y-mAbs Therapeutics 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 Y-mAbs Therapeutics.

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
1Rhythm Pharmaceuticals, Inc.2025David Meeker$807,692$8,274,785$7,688,560$759,488$17,544,525
2SpringWorks Therapeutics, Inc.2024Saqib Islam760,0007,899,7606,689,100798,00016,153,317
3BioCryst Pharmaceuticals, Inc.2025Jon Stonehouse728,466011,132,4581,052,63312,951,082
4Arcus Biosciences, Inc.2025Terry Rosen775,0002,199,4506,008,860658,7509,656,813
5Travere Therapeutics, Inc.2025Eric Dube854,2503,314,5203,309,384964,1258,457,151
6Deciphera Pharmaceuticals, Inc.2023Steven Hoerter738,2001,935,0002,837,100487,2126,010,712
7Agios Pharmaceuticals, Inc.2025Brian Goff846,8641,291,6802,627,252592,8045,370,389
8Rigel Pharmaceuticals, Inc.2025Raul Rodriguez787,405951,3272,241,570634,6494,658,805
9Y-mAbs Therapeutics2024Michael Rossi705,6001,170,7322,288,662392,5964,557,590
10UroGen Pharma Ltd.2025Elizabeth Barrett855,5902,122,2110516,2634,310,624
11Heron Therapeutics, Inc.2025Craig Collard689,431946,2541,352,917517,1893,516,291
12Puma Biotechnology, Inc.2025Alan Auerbach931,333551,549535,5131,027,3073,062,337
13bluebird bio, Inc.2023Andrew Obenshain681,657863,5901,142,440348,0243,049,181
14Karyopharm Therapeutics Inc.2025Richard Paulson770,000838,996241,544350,3502,320,902
15MacroGenics, Inc.2025Eric Risser561,56852,0001,049,386251,9002,078,854
16Iovance Biotherapeutics, Inc.2025Frederick Vogt800,000759,3750312,0001,888,175
17Atara Biotherapeutics, Inc.2025AnhCo Nguyen668,8000001,068,069
G1 Therapeutics, Inc.not in coverage universe

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
Y-mAbs Therapeutics85.6%PSU 34 · Options 33 · RSU 33NoAon's Human Capital Solutions practice (division of Aon plc)
Agios Pharmaceuticals, Inc.100%Options 40 · PSU 40 · RSU 20NoAon
Arcus Biosciences, Inc.100%Options 67 · RSU 33not disclosedRadford
Atara Biotherapeutics, Inc.not disclosedRSU 100not disclosedPearl Meyer
BioCryst Pharmaceuticals, Inc.170%not disclosednot disclosedAon Human Capital Solutions (division of Aon plc)
bluebird bio, Inc.85%not disclosedYes — Relative Total Shareholder Return (rTSR)Aon plc (Human Capital Solutions practice)
Deciphera Pharmaceuticals, Inc.110%Options 50 · PSU 50NoPearl Meyer & Partners, LLC
G1 Therapeutics, Inc.not disclosednot disclosednot disclosednot disclosed
Heron Therapeutics, Inc.100%Options 67 · RSU 33not disclosedCompensia, Inc.
Iovance Biotherapeutics, Inc.60%not disclosedNoHaigh & Company
Karyopharm Therapeutics Inc.90%not disclosedYes — Relative TSRAlpine Rewards, LLC (through September 2025); Willis Towers Watson (beginning August 2025)
MacroGenics, Inc.85%not disclosednot disclosedAlpine Rewards, LLC
Puma Biotechnology, Inc.169.7%Options 50 · RSU 50not disclosedCompensia
Rhythm Pharmaceuticals, Inc.120%Options 50 · RSU 50NoPay Governance LLC
Rigel Pharmaceuticals, Inc.124%Options 75 · RSU 25NoPearl Meyer
SpringWorks Therapeutics, Inc.140%not disclosedYes — Relative Total Shareholder Return (TSR)Aon plc (Human Capital Solutions practice)
Travere Therapeutics, Inc.150%not disclosedNoAon
UroGen Pharma Ltd.80%RSU 50 · PSU 50NoCompensia, Inc.

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, Michael RossiDEF 14A2025-05-300001558370-25-008299Section “Summary Compensation Table” · page 39. As printed: 4,557,590. Filing ↗machine: t100 · r5 · c23 · span 597595–597604
2Section 01, Peter PfreundschuhDEF 14A2025-05-300001558370-25-008299Section “Summary Compensation Table” · page 39. As printed: 2,504,717. Filing ↗machine: t100 · r11 · c23 · span 639226–639235
3Section 01, Thomas GadDEF 14A2025-05-300001558370-25-008299Section “Summary Compensation Table” · page 39. As printed: 2,075,163. Filing ↗machine: t100 · r8 · c23 · span 618762–618771
4Section 08, Mary TagliaferriDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 602,497. Filing ↗machine: t131 · r8 · c12 · span 1135124–1135131
5Section 08, James I. HealyDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 262,792. Filing ↗machine: t131 · r5 · c12 · span 1124894–1124901
6Section 08, David N. GillDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 250,292. Filing ↗machine: t131 · r4 · c12 · span 1121371–1121378
7Section 08, Laura J. HamillDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 237,792. Filing ↗machine: t131 · r6 · c12 · span 1128162–1128169
8Section 08, Ashutosh TyagiDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 227,792. Filing ↗machine: t131 · r7 · c12 · span 1131685–1131692
9Section 08, Johan Wedell-WedellsborgDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 227,792. Filing ↗machine: r9 · c12 · span 1138654–1138661
10Section 08, Dr. Gérard BerDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 40,061. Filing ↗machine: t131 · r3 · c3 · span 1115621–1115627
11Section 08, Thomas GadDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Michael RossiDEF 14A2025-05-300001558370-25-008299Section “Director Compensation”. As printed: 0. Filing ↗
13Section 06, 2025 voteForm 8-K2025-07-150001104659-25-068099Item 5.07 · say-on-pay result. As reported: 87.56% (votes for as printed: 27,011,027). Filing ↗
14Section 06, 2024 voteForm 8-K2024-06-130001104659-24-071250Item 5.07 · say-on-pay result. As reported: 97.47% (votes for as printed: 27,772,834). Filing ↗
15Section 06, 2023 voteForm 8-K2023-06-090001104659-23-070029Item 5.07 · say-on-pay result. As reported: 72.65% (votes for as printed: 15,934,564). Filing ↗
16Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 09b board cost (computed)ComputedcomputedCash 438,862 + equity 326,829 + all other 0 = 765,691, summed across the director compensation table rows.machine: formula: Σ = 765,691
18Rhythm Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-290001628280-26-028375CEO total compensation as printed in Rhythm Pharmaceuticals, Inc.'s own proxy. As printed: 17,544,525. Filing ↗machine: r2 · c42 · span 513064–513074
19SpringWorks Therapeutics, Inc., Section 10b CEO totalDEF 14A2025-04-040001104659-25-032187CEO total compensation as printed in SpringWorks Therapeutics, Inc.'s own proxy. As printed: 16,153,317. Filing ↗machine: t23 · r1 · c44 · span 623184–623194
20BioCryst Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-230001628280-26-026822CEO total compensation as printed in BioCryst Pharmaceuticals, Inc.'s own proxy. As printed: 12,951,082. Filing ↗machine: span 512256–512266
21Arcus Biosciences, Inc., Section 10b CEO totalDEF 14A2026-04-210001724521-26-000025CEO total compensation as printed in Arcus Biosciences, Inc.'s own proxy. As printed: 9,656,813. Filing ↗machine: r2 · c48 · span 403740–403749
22Travere Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-060001438533-26-000027CEO total compensation as printed in Travere Therapeutics, Inc.'s own proxy. As printed: 8,457,151. Filing ↗machine: span 558514–558523
23Deciphera Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2024-04-250001654151-24-000012CEO total compensation as printed in Deciphera Pharmaceuticals, Inc.'s own proxy. As printed: 6,010,712. Filing ↗machine: span 605886–605895
24Agios Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177086CEO total compensation as printed in Agios Pharmaceuticals, Inc.'s own proxy. As printed: 5,370,389. Filing ↗machine: r2 · c31 · span 613185–613194
25Rigel Pharmaceuticals, Inc., Section 10b CEO totalDEF 14A2026-04-030001034842-26-000023CEO total compensation as printed in Rigel Pharmaceuticals, Inc.'s own proxy. As printed: 4,658,805. Filing ↗machine: t120 · r3 · c22 · span 886059–886068
26Y-mAbs Therapeutics (subject), Section 10b CEO totalDEF 14A2025-05-300001558370-25-008299CEO total compensation as printed in Y-mAbs Therapeutics's own proxy. As printed: 4,557,590. Filing ↗machine: t100 · r5 · c23 · span 597595–597604
27UroGen Pharma Ltd., Section 10b CEO totalDEF 14A2026-04-300001437749-26-014237CEO total compensation as printed in UroGen Pharma Ltd.'s own proxy. As printed: 4,310,624. Filing ↗machine: r1 · c29 · span 562926–562935
28Heron Therapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-300001193125-26-196306CEO total compensation as printed in Heron Therapeutics, Inc.'s own proxy. As printed: 3,516,291. Filing ↗machine: span 728212–728221
29Puma Biotechnology, Inc., Section 10b CEO totalDEF 14A2026-04-280001437749-26-013671CEO total compensation as printed in Puma Biotechnology, Inc.'s own proxy. As printed: 3,062,337. Filing ↗machine: t56 · r1 · c29 · span 540970–540979
30bluebird bio, Inc., Section 10b CEO totalDEF 14A2024-09-260001293971-24-000049CEO total compensation as printed in bluebird bio, Inc.'s own proxy. As printed: 3,049,181. Filing ↗machine: r2 · c21 · span 402787–402796
31Karyopharm Therapeutics Inc., Section 10b CEO totalDEF 14A2026-04-130001503802-26-000023CEO total compensation as printed in Karyopharm Therapeutics Inc.'s own proxy. As printed: 2,320,902. Filing ↗machine: r2 · c29 · span 1192339–1192348
32MacroGenics, Inc., Section 10b CEO totalDEF 14A2026-04-080001125345-26-000021CEO total compensation as printed in MacroGenics, Inc.'s own proxy. As printed: 2,078,854. Filing ↗machine: r2 · c57 · span 494189–494198
33Iovance Biotherapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-280001104659-26-050458CEO total compensation as printed in Iovance Biotherapeutics, Inc.'s own proxy. As printed: 1,888,175. Filing ↗machine: t133 · r6 · c16 · span 797910–797919
34Atara Biotherapeutics, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177285CEO total compensation as printed in Atara Biotherapeutics, Inc.'s own proxy. As printed: 1,068,069. Filing ↗machine: span 714260–714269
35Section 10a, Deciphera Pharmaceuticals, Inc. reciprocityDEF 14A0001654151-24-000012Deciphera Pharmaceuticals, Inc. names Y-mAbs Therapeutics in its own disclosed peer group (read from its most recent proxy). Filing ↗
36Section 10a, Heron Therapeutics, Inc. reciprocityDEF 14A0001193125-26-196306Heron Therapeutics, Inc. names Y-mAbs Therapeutics in its own disclosed peer group (read from its most recent proxy). Filing ↗
37Section 10a, MacroGenics, Inc. reciprocityDEF 14A0001125345-26-000021MacroGenics, Inc. names Y-mAbs Therapeutics in its own disclosed peer group (read from its most recent proxy). Filing ↗
38Section 10a, SpringWorks Therapeutics, Inc. reciprocityDEF 14A0001104659-25-032187SpringWorks Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗
39Section 10a, Travere Therapeutics, Inc. reciprocityDEF 14A0001438533-26-000027Travere Therapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗
40Section 10a, UroGen Pharma Ltd. reciprocityDEF 14A0001437749-26-014237UroGen Pharma Ltd. names Y-mAbs Therapeutics in its own disclosed peer group (read from its most recent proxy). Filing ↗
41Section 10a, Puma Biotechnology, Inc. reciprocityDEF 14A0001437749-26-013671Puma Biotechnology, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗
42Section 10a, Rigel Pharmaceuticals, Inc. reciprocityDEF 14A0001034842-26-000023Rigel Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗
43Section 10a, Rhythm Pharmaceuticals, Inc. reciprocityDEF 14A0001628280-26-028375Rhythm Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗
44Section 10a, Agios Pharmaceuticals, Inc. reciprocityDEF 14A0001193125-26-177086Agios Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗
45Section 10a, BioCryst Pharmaceuticals, Inc. reciprocityDEF 14A0001628280-26-026822BioCryst Pharmaceuticals, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗
46Section 10a, Iovance Biotherapeutics, Inc. reciprocityDEF 14A0001104659-26-050458Iovance Biotherapeutics, Inc.'s most recent proxy was read; its disclosed peer group does not include Y-mAbs Therapeutics. Filing ↗