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CompBrief
Fiscal year 2025

Todd Davis — FY2025 total compensation $11,472,095

Todd Davis is Chief Executive Officer of Ligand Pharmaceuticals Inc (LGND). The company reported total compensation of $11,472,095 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$724,500
Bonus$0
Stock awards$5,520,493
Option awards$4,441,120
Non-equity incentive plan$764,400
Pension and non-qualified deferred compensation$0
All other compensation$21,582
Total$11,472,095

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Ligand Pharmaceuticals Inc filed April 21, 2026, accession 0000886163-26-000021.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chief Executive Officer$724,500$0$5,520,493$4,441,120$764,400$0$21,582$11,472,095
FY2024Chief Executive Officer$695,834$0$6,429,536$5,142,650$637,000$0$9,960$12,914,980
FY2023Chief Executive Officer$650,007$0$3,378,456$1,788,095$390,000$0$9,960$6,216,518

Totals as disclosed in each year's own compensation disclosure for Ligand Pharmaceuticals Inc.

03

Peer context

Peer-group chief executive median$8,429,887
Difference from that median$3,042,208
Percentile within the disclosed peer group73rd
Peers with a disclosed figure15

Medians and percentiles are computed across the peer group Ligand Pharmaceuticals Inc discloses in its own compensation disclosure.

04

The other named executive officers of Ligand Pharmaceuticals Inc

Named executive officerRoleFY2025 total
Todd Davis this pageChief Executive Officer$11,472,095
Octavio EspinozaChief Financial Officer$4,382,148
Andrew ReardonChief Legal Officer and Secretary$3,747,282

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Ligand Pharmaceuticals Inc compensation brief.

05

The company page

Todd Davis's compensation sits inside Ligand Pharmaceuticals Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Ligand Pharmaceuticals Inc (LGND) compensation brief