Michael Paul Gray compensation by year
Upstream Bio Summary Compensation Table · all 2 fiscal years held| Component | FY2024 | FY2025 |
|---|---|---|
| Salary | $352,667 | $490,000 |
| Bonus | — | $0 |
| Stock awards | — | $0 |
| Option awards | $2,401,910 | $1,287,137 |
| Non-equity incentive | $184,000 | $205,800 |
| Pension and deferred compensation | — | $0 |
| All other | — | $10,500 |
| Total | $2,938,577 | $1,993,437 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Upstream Bio, Inc. DEF 14A filed April 16, 2026, accession 0001193125-26-158966, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| Option | 445,040 | — | $5.69 |
| Option | 152,450 | — | $5.69 |
Per the Outstanding Equity Awards at Fiscal Year-End table in Upstream Bio, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
Upstream Bio’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| E. Rand Sutherland | Chief Executive Officer | $4,302,100 |
| Michael Paul Gray · this page | Chief Financial Officer and Chief Operating Officer | $1,993,437 |
| Aaron Deykin | Chief Medical Officer and Head of Research and Development | $1,830,916 |
The full Upstream Bio compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Upstream Bio's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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