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Biopharma & Life Sciences

Protagonist Therapeutics Executive Compensation (FY25)

PTGX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Dinesh Patel
Latest say-on-pay support
=
June 18, 2026
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Data as of October 16, 2026Latest filing (8-K): June 18, 2026
9 filings cited on this page
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184 figures on this page: 179 cited to the filing that reported them, 5 calculated from figures it prints. See the citations

More on Protagonist Therapeutics

Five data products on this company. Each one is requested through the developer setup page.
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 — Dinesh Patel: $9,473,819 → $12,871,506 (35.9% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Protagonist Therapeutics' chief executive and what were they paid?
Dinesh Patel, President and Chief Executive Officer, received $12,871,506 in total compensation for fiscal 2025. Compared with the $9,473,819 reported for fiscal 2024, Patel's total was 35.9% higher.
What was Protagonist Therapeutics' say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 94.4% support at the meeting held June 18, 2026.
Which companies are in Protagonist Therapeutics' peer group?
The disclosed peer group names Agios Pharmaceuticals, Inc., Akero Therapeutics, Inc., Arcellx, Inc., Biohaven, Ltd. and Celldex Therapeutics, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dinesh Patel
President and Chief Executive Officer
◇—◇◇◇—◇◇
Suneel Gupta
Chief Development Officer
◇—◇◇◇—◇◇
David Liu
Former Chief Research and Development Strategy Officer
Departed during or after this year
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dinesh Patel
President and Chief Executive Officer
◇——◇◇—◇◇
Asif Ali
EVP, Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dinesh Patel
President and Chief Executive Officer
◇◇◇◇◇—◇◇
Arturo Molina
Chief Medical Officer
◇◇◇◇◇—◇◇
Asif Ali
EVP, Chief Financial Officer
◇◇◇◇◇—◇◇
Suneel Gupta
Chief Development Officer
◇◇◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dinesh Patel
President and Chief Executive Officer
◇—◇◇◇—◇◇
Arturo Molina
Chief Medical Officer
◇—◇◇◇—◇◇
Asif Ali
Executive Vice President, Chief Financial 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.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Arturo MolinaRSU◇——◇——◇
Arturo MolinaOPTION◇——◇—◇◇
Asif AliOPTION◇——◇—◇◇
Asif AliRSU◇——◇——◇
Dinesh V. PatelRSU◇——◇——◇
Dinesh V. PatelOPTION◇——◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Dinesh PatelOption◇—◇01/01/2035
RSU◇◇——
Option◇—◇02/14/2032
Option◇—◇01/01/2034
Option◇—◇01/15/2033
RSU◇◇——
Asif AliOption◇—◇04/17/2032
RSU◇◇——
RSU◇◇——
Option◇—◇01/01/2034
RSU◇◇——
Option◇—◇01/01/2035
Option◇—◇01/15/2033
RSU◇◇——
Arturo MolinaRSU◇◇——
RSU◇◇——
Option◇—◇01/01/2035
RSU◇◇——
RSU◇◇——
Option◇—◇11/14/2032
Option◇—◇01/01/2034
Option◇—◇01/15/2033
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
Sarah A. O'Dowd
◇◇◇———◇
Lewis T. Williams, M.D., Ph.D
◇◇◇———◇
William D. Waddill
◇◇◇———◇
Bryan Giraudo
◇◇◇———◇
Harold E. Selick, Ph.D
Board chair
◇◇◇———◇
Dinesh V. Patel, Ph.D 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.
Earlier years are included in the PDF.
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 chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Agios Pharmaceuticals, Inc. AGIO
  • Akero Therapeutics, Inc. AKRO
  • Arcellx, Inc. ACLX
  • Biohaven, Ltd. BHVN
  • Celldex Therapeutics, Inc. CLDX
  • Crinetics Pharmaceuticals, Inc. CRNX
  • Cytokinetics, Inc. CYTK
  • Denali Therapeutics, Inc. DNLI
  • Disc Medicine, Inc. IRON
  • Geron Corporation GERN
  • IDEAYA Biosciences, Inc. IDYA
  • Immunovant, Inc. IMVT
  • Keros Therapeutics, Inc. KROS
  • Kura Oncology, Inc. KURA
  • Nurix Therapeutics, Inc. NRIX
  • Rhythm Pharmaceuticals, Inc. RYTM
  • Structure Therapeutics, Inc. GPCR
  • Syndax Pharmaceuticals, Inc. SNDX
  • Viking Therapeutics, Inc. VKTX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 18, 2026=◇◇◇
2024June 26, 2025=◇◇◇
2023June 26, 2024=◇◇◇
2022May 25, 2023=◇◇◇
2021May 26, 2022=◇◇◇

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- Dinesh Patel (President and Chief Executive Officer), FY2025 total compensation $12,871,506 (base salary $715,500) [exec_comp, SEC accession 0001104659-26-050429, filed 2026-04-28]

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What this page does not include

Everything above is a fact Protagonist Therapeutics disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Protagonist Therapeutics sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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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.
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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.
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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.
184 figures on this page: 179 cited to the filing that reported them, 5 calculated from figures it prints.
179 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001104659-26-075777
  2. 0001104659-26-050429
    2025 GRANTS OF PLAN-BASED AWARDS TABLE · 2025 Summary Compensation Table · DIRECTOR COMPENSATION · NON-EMPLOYEE DIRECTOR COMPENSATION FOR FISCAL 2025 · and 1 more section
  3. 0001104659-25-063038
  4. 0001104659-25-041206
    Summary Compensation Table
  5. 0001104659-24-075162
  6. 0001104659-24-052999
    Summary Compensation Table
  7. 0001104659-23-066057
  8. 0001104659-23-044557
  9. 0001104659-22-067589
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Protagonist Therapeutics executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PTGX (accessed 2026).
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The paid brief for Protagonist Therapeutics

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 $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
9 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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Biopharma & Life Sciences rankings

Chief executive pay — Biopharma & Life SciencesCEO pay ratio — Biopharma & Life SciencesSay-on-pay support — Biopharma & Life Sciences

Peers Protagonist Therapeutics discloses

The companies named in PTGX's own disclosed peer group.

Agios Pharmaceuticals, Inc.Akero Therapeutics, Inc.Arcellx, Inc.Biohaven, Ltd.Celldex Therapeutics, Inc.Crinetics Pharmaceuticals, Inc.Cytokinetics, Inc.Denali Therapeutics, Inc.Disc Medicine, Inc.Geron CorporationIDEAYA Biosciences, Inc.Immunovant, Inc.Keros Therapeutics, Inc.Kura Oncology, Inc.Nurix Therapeutics, Inc.Rhythm Pharmaceuticals, Inc.Structure Therapeutics, Inc.Syndax Pharmaceuticals, Inc.Viking Therapeutics, Inc.

Terms on this page

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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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