Senior Vice President, Chief Development Officer · Mersana Therapeutics, Inc. (MRSN)

Mohan Bala

Mohan Bala, Senior Vice President and Chief Development Officer at Mersana Therapeutics, Inc., received total compensation of $1,502,936 for fiscal year 2024. This amount included a base salary of $470,000, a cash bonus of $166,850, and stock-based compensation of $859,086.

A named executive officer of Mersana Therapeutics in every fiscal year CompBrief holds from FY2022 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$1,502,936

FY2023: $1,581,334

3rd of 5 named executive officers at Mersana Therapeutics by FY2024 total.

5 named officers on file for Mersana Therapeutics, FY2024

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What this number hides

The filing gives the total. Mersana Therapeutics’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 29, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-10.

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Mohan Bala compensation by year

Mersana Therapeutics Summary Compensation Table · all 3 fiscal years held
In US dollars, as Mersana Therapeutics reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024
Salary$414,000$430,500$470,000
Bonus$62,800$0$0
Stock awards$205,668$269,100$176,166
Option awards$192,510$762,804$682,920
Non-equity incentive$7,000$111,930$166,850
Pension and deferred compensation—$0$0
All other—$7,000$7,000
Total$874,978$1,581,334$1,502,936

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Mersana Therapeutics, Inc. DEF 14A filed April 29, 2025, accession 0001104659-25-040448, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Mersana Therapeutics, Inc. filed document, accession 0001104659-25-040448. Every figure is read from that document and cited to the page and table it appears in. Filed April 29, 2025.

$875K
$1.6M
$1.5M
FY22
FY23
FY24
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU58,333$83,416—
RSU26,250$37,538—
RSU6,250$8,938—
Option88,594—$6.06
Option213,281—$3.02
Option28,125—$8.63

Per the Outstanding Equity Awards at Fiscal Year-End table in Mersana Therapeutics, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

15 Form 4 lines since the FY2024 proxy (filed April 29, 2025)
current to 2026-11-10 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-01-06U—2,927—0
2026-01-06Disposition to the issuer derivative—7,734—0
2026-01-06Disposition to the issuer derivative—5,246—0
2026-01-06Disposition to the issuer derivative—1,053—0
2026-01-06Disposition to the issuer derivative—1,190—0
2026-01-06Disposition to the issuer derivative—9,309—0
2026-01-06Disposition to the issuer derivative—700—0
2026-01-06Disposition to the issuer derivative—1,853—0

The 8 most recent of 15 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Mersana Therapeutics’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Martin HuberPresident and Chief Executive Officer$1,613,754
Brian DeSchuytnerSenior Vice President, Chief Operating Officer and Chief Financial Officer$1,543,586
Mohan Bala · this pageSenior Vice President, Chief Development Officer$1,502,936
Timothy LowingerSenior Vice President, Chief Science and Technology Officer$1,400,535
Alejandra CarvajalSenior Vice President, Chief Legal Officer$1,359,885

Mohan Bala's compensation dossier, Mersana Therapeutics

You have read Mohan Bala's totals and holdings. The dossier adds each equity grant Mersana Therapeutics disclosed for Mohan Bala and Mersana Therapeutics's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Mersana Therapeutics compensation record

free company brief

This page is one person within Mersana Therapeutics's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Mersana Therapeutics proxy · each links to its own free brief

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 Mersana Therapeutics'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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Mohan Bala's compensation dossier