Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-18

Zentalis Pharmaceuticals, Inc. (ZNTL)

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.

$2,988,669
Andrea Paul total, FY2025
Former Chief Legal Officer and Corporate Secretaryhighest-paid officer; CEO Julie Eastland: $1,300,731
CEO (Julie Eastland) pay percentile vs peers
CEO-to-median pay ratio
66.76%
Say-on-pay support, latest vote
Companies that benchmark against ZNTL
9 companies name ZNTL as a compensation peer

Each company listed discloses ZNTL 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 ZNTL 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
Andrea Paul$376,923$0$2,215,853$101,147$0$0$294,746$2,988,669
Former Chief Legal Officer and Corporate Secretary
Julie Eastland700,000099,77256,975441,00002,9841,300,731
President and Chief Executive Officer
Mark Lackner153,5530547,60264,80700463,3871,229,349
Former Chief Scientific Officer
Ingmar Bruns530,000027,93715,954278,250017,702869,843
Chief Medical Officer
James Bucher144,23150,0000391,75267,31506,675659,973
Chief Legal Officer 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
Andrea Paul$2,988,669$3,678,975−690,306
Julie Eastland1,300,7318,188,909−6,888,178
Mark Lackner1,229,3494,788,822−3,559,473
Ingmar Bruns869,843
James Bucher659,973

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
Shannon CampbellDirector2026-05-26A114,200$0$0RSUForm 4 ↗
Scott MyersDirector2026-06-16A57,10000CommonForm 4 ↗
Jan SkvarkaDirector2026-06-16A57,10000CommonForm 4 ↗
David JohnsonDirector2026-06-16A57,10000CommonForm 4 ↗
Enoch KariukiDirector2026-06-16A57,10000CommonForm 4 ↗
Luke Nathaniel WalkerDirector2026-06-16A57,10000CommonForm 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
Andrea PaulOTHER$2,215,853
Ingmar BrunsOTHER27,937
Mark LacknerOTHER547,602
Julie EastlandOTHER99,772
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% 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
Andrea PaulOption48,41728.82
Mark LacknerRSU335,907453,474
Andrea PaulRSU934,0411,260,955
Mark LacknerOption41,5711.68
Mark LacknerRSU70,50095,175
Mark LacknerOption44,79225.6
Andrea PaulRSU84,375113,906
Ingmar BrunsRSU16,62922,449
Julie EastlandRSU59,38880,174
Mark LacknerRSU8,15611,011
Mark LacknerOption47,00011.69
Ingmar BrunsOption13,1651.68
Andrea PaulRSU20,39227,528
Mark LacknerOption6,90923.65
Andrea PaulOption98,7321.68
Andrea PaulOption49,21911.69
Mark LacknerOption18,75015.99
Mark LacknerRSU10,00013,500
James BucherOption400,0001.54
Julie EastlandOption47,0161.68
Andrea PaulOption39,37511.69
Andrea PaulOption17,27223.65
05

Incentive-plan design — the Compensation Discussion & Analysis

In 2025, we aimed for total cash compensation for our named executive officers to be above the market median, placing their salary levels between the 50th and 75th percentiles of similarly-situated executives at comparable companies based on our peer group.

CEO STI target (% of salary)63%
CEO LTI target (% of salary)
Independent consultantAnderson Pay Advisors LLC / Pay Governance LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1621,949,84410,930,67347,13666.76%Passed
20252025-06-1729,474,72017,374,784113,15962.91%Passed
20242024-06-2136,128,13024,729,7308,09459.36%Passed
20232023-06-1618,723,77634,337,77614,04635.29%Failed
20222022-06-0835,014,6711,511,8371,514,31195.86%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
20262026-06-1666.76%a
20252025-06-1762.91%b
20242024-06-2159.36%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect.”.

c. Approved under the standard stated in the filing — “Abstentions will have no effect.”.

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)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Scott MyersIndependent · Board Chair · Compensation · Nominating and Corporate Governance$97,731$86,405$0$0$0$184,136
Jan Skvarka, Ph.DIndependent · Audit · Nominating and Corporate Governance (Chair)65,00086,405000151,405
Enoch Kariuki, Pharm.DIndependent · Audit (Chair)65,00086,405000151,405
Luke Walker, M.DIndependent · Audit · Compensation58,86186,405000145,266
David JohnsonIndependent · Compensation (Chair)52,84686,405000139,251
Julie EastlandEmployee director00000
Karan TakharIndependent · Compensation · Departed during FY000000
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$86,405
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$339,438
Equity awards (grant-date value)$432,025
All other compensation$0
Total cost of the board$771,463

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
1Zentalis Pharmaceuticals, Inc.2025Julie Eastland$700,000$99,772$56,975$441,000$1,300,731

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, Andrea PaulDEF 14A2026-04-300001725160-26-000027Section “2025 Summary Compensation Table”. As printed: 2,988,669. Filing ↗machine: r6 · c48 · span 329810–329819
2Section 01, Julie EastlandDEF 14A2026-04-300001725160-26-000027Section “2025 Summary Compensation Table”. As printed: 1,300,731. Filing ↗machine: r2 · c48 · span 319348–319357
3Section 01, Mark LacknerDEF 14A2026-04-300001725160-26-000027Section “2025 Summary Compensation Table”. As printed: 1,229,349. Filing ↗machine: r8 · c48 · span 335190–335199
4Section 01, Ingmar BrunsDEF 14A2026-04-300001725160-26-000027Section “2025 Summary Compensation Table”. As printed: 869,843. Filing ↗machine: r4 · c48 · span 324283–324290
5Section 01, James BucherDEF 14A2026-04-300001725160-26-000027Section “2025 Summary Compensation Table”. As printed: 659,973. Filing ↗machine: r5 · c48 · span 326824–326831
6Section 03, Andrea Paul OTHERDEF 14A2026-04-300001725160-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t29 · r6 · c8 · span 328590–328599
7Section 03, Ingmar Bruns OTHERDEF 14A2026-04-300001725160-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t29 · r4 · c8 · span 323063–323069
8Section 03, Mark Lackner OTHERDEF 14A2026-04-300001725160-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t29 · r8 · c8 · span 333973–333980
9Section 03, Julie Eastland OTHERDEF 14A2026-04-300001725160-26-000027Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t29 · r2 · c8 · span 318225–318231
10Section 07, pay ratio10-K2026-03-260001725160-26-000014Section “CEO Pay Ratio”. As printed: —. Filing ↗
11Section 08, Scott MyersDEF 14A2026-04-300001725160-26-000027Section “Director Compensation”. As printed: 184,136. Filing ↗machine: t34 · r4 · c3 · span 533696–533703
12Section 08, Jan Skvarka, Ph.DDEF 14A2026-04-300001725160-26-000027Section “Director Compensation”. As printed: 151,405. Filing ↗machine: t34 · r5 · c3 · span 534653–534660
13Section 08, Enoch Kariuki, Pharm.DDEF 14A2026-04-300001725160-26-000027Section “Director Compensation”. As printed: 151,405. Filing ↗machine: t34 · r3 · c3 · span 532735–532742
14Section 08, Luke Walker, M.DDEF 14A2026-04-300001725160-26-000027Section “Director Compensation”. As printed: 145,266. Filing ↗machine: t34 · r7 · c3 · span 536588–536595
15Section 08, David JohnsonDEF 14A2026-04-300001725160-26-000027Section “Director Compensation”. As printed: 139,251. Filing ↗machine: t34 · r2 · c3 · span 531773–531780
16Section 08, Julie EastlandDEF 14A2026-04-300001725160-26-000027Section “Director Compensation”. As printed: 0. Filing ↗
17Section 08, Karan TakharDEF 14A2026-04-300001725160-26-000027Section “Director Compensation”. As printed: 0. Filing ↗machine: t34 · r6 · c3 · span 535540–535541
18Section 02, Shannon Campbell 2026-05-26Form 42026-05-270002018966-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Scott Myers 2026-06-16Form 42026-06-180001356256-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Jan Skvarka 2026-06-16Form 42026-06-180001838042-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, David Johnson 2026-06-16Form 42026-06-180001808098-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Enoch Kariuki 2026-06-16Form 42026-06-180001843119-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Luke Nathaniel Walker 2026-06-16Form 42026-06-180001701440-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
24Section 06, 2026 voteForm 8-K2026-06-180001725160-26-000052Item 5.07 · say-on-pay result. As reported: 66.76% (votes for as printed: 21,949,844). Filing ↗
25Section 06, 2025 voteForm 8-K2025-06-180001725160-25-000127Item 5.07 · say-on-pay result. As reported: 62.91% (votes for as printed: 29,474,720). Filing ↗
26Section 06, 2024 voteForm 8-K2024-06-210001725160-24-000140Item 5.07 · say-on-pay result. As reported: 59.36% (votes for as printed: 36,128,130). Filing ↗
27Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
28Section 09b board cost (computed)ComputedcomputedCash 339,438 + equity 432,025 + all other 0 = 771,463, summed across the director compensation table rows.machine: formula: Σ = 771,463
29Zentalis Pharmaceuticals, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-300001725160-26-000027CEO total compensation as printed in Zentalis Pharmaceuticals, Inc.'s own proxy. As printed: 1,300,731. Filing ↗machine: r2 · c48 · span 319348–319357