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ALX Oncology Holdings Executive Compensation (FY25)

ALXO · Executive and director compensation, fiscal 2024 to 2025

The ALX Oncology Holdings brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 20, 2026Latest filing (8-K): June 11, 2026
6 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
ALX Oncology Holdings brief$1,500Get the executive brief
129 figures on this page: 124 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
Jason Lettmann
Latest say-on-pay support
=
June 10, 2026
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jason Lettmann: $6,640,830$2,470,844 (62.8% lower)
Say-on-pay support: 71.7%86.2% (14.5 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is ALX Oncology Holdings' chief executive and what were they paid?
Total compensation for Jason Lettmann, Chief Executive Officer, came to $2,470,844 in fiscal 2025. Lettmann's total was 62.8% lower than the $6,640,830 reported for fiscal 2024.
What was ALX Oncology Holdings' say-on-pay result?
The say-on-pay proposal drew 86.2% of votes cast for or against in favor at the meeting held June 10, 2026 for fiscal 2025.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Lettmann
Chief Executive Officer
Jaume Pons
Former President and Chief Scientific Officer
Shelly Wong
Senior Vice President, Finance and Chief Accounting Officer
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Lettmann
Chief Executive Officer
Harish Shantharam
Chief Financial Officer
Jaume Pons
Former President and Chief Scientific Officer
Departed during or after this year
Shelly Wong
Senior Vice President, Finance and Chief Accounting Officer
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Shelly WongRSU
RSU
RSU
RSU
RSU
Option10/13/35
RSU
Option01/20/35
Option12/01/31
Option02/13/34
Option07/24/33
Option08/04/32
Jason LettmannRSU
RSU
Option10/13/35
RSU
Option01/20/35
Option12/01/31
Option02/13/34
Option09/07/33
Harish ShantharamOption10/13/35
RSU
Option01/20/35
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Sandler, M.D
Barbara Klencke, M.D
Corey Goodman, Ph.D
Board chair
Corey Goodman
Rekha Hemrajani
Scott Garland
Chris Takimoto, M.D., Ph.D., F.A.C.P
Daniel Curran, M.D
Jason Lettmann served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer
Total board retainer
Board chair premium
Audit committee chair
Audit committee member
Compensation committee chair
Compensation committee member
Nominating and governance chair
Nominating and governance member
Equity is delivered as Stock Options.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 10, 2026=
2024June 11, 2025=
2023June 12, 2024=
2022June 16, 2023=
2021June 14, 2022=
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What this page does not include

Everything above is a fact ALX Oncology Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Whether ALX Oncology Holdings' disclosed peer group is defensible, who names ALX Oncology Holdings back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
129 figures on this page: 124 cited to the filing that reported them, 5 calculated from figures it prints.
124 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001193125-26-267472
    Item 5.07 Submission of matters to a vote of security holders.
  2. 0001193125-26-163936
    Director Compensation · Outstanding Equity Awards at 2025 Year-End · Summary Compensation Table
  3. 0000950170-25-085364
    Item 5.07 Submission of matters to a vote of security holders.
  4. 0000950170-24-074258
    Item 5.07 Submission of matters to a vote of security holders.
  5. 0000950170-23-028787
    Item 5.07 Submission of matters to a vote of security holders.
  6. 0001193125-22-175515
    Item 5.07. Submission of matters to a vote of security holders.
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “ALX Oncology Holdings executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/ALXO (accessed 2026).
Short form: data: Velarion

The ALX Oncology Holdings brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
6 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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The headline figures, each with its citation.
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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