Company: TVRD
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001104659-25-014310
Chunk: 650

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: 424B3
Chunk 650
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 | ​ | 26,712 | ​ | ​ |
| Martin Vogelbaum       | ​ | ​ | ​    | ​ | 25,107 | ​ | ​ | ​ | ​                                | ​ | 52,300 | ​ | ​ |
| Lisa von Moltke        | ​ | ​ | ​    | ​ | 12,553 | ​ | ​ | ​ | ​                                | ​ | 23,816 | ​ | ​ |
| Susan Shiff, Ph.D.     | ​ | ​ | ​    | ​ | 12,553 | ​ | ​ | ​ | ​                                | ​ | 25,478 | ​ | ​ |
| Helen M. Boudreau      | ​ | ​ | ​    | ​ | 12,553 | ​ | ​ | ​ | ​                                | ​ | 29,228 | ​ | ​ |

Mr. Posner is also a member of Cara’s Board but does not receive any additional compensation for his service as a director. Mr. Posner’s compensation as an executive officer is set forth above under “Executive Compensation.”

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TABLE OF CONTENTS

The Cara Board has adopted a non-employee director compensation policy. Under Cara’s non-employee director compensation policy, Cara pays each of its non-employee directors a cash retainer for service on the Cara Board and for service on each committee on which the director is a member. These retainers are payable in arrears in four equal quarterly installments on the last day of each quarter, provided that the amount of such payment is prorated for any portion of such quarter that the director is not serving on the Board. The retainers paid during 2024 to non-employee directors for service on the Board and for service on each committee of the Cara Board on which the director is a member were as follows:

| ​                                             | ​ | ​ | MemberAnnual ServiceRetainer |   |        |   | ​ | ​ | Chairperson / Lead IndependentDirector and Committee ChairAnnual Service Retainer |   |        |   | ​ |
|:----------------------------------------------|:--|:--|:-----------------------------|:--|-------:|:--|:--|:--|:----------------------------------------------------------------------------------|:--|-------:|:--|:--|
| Board of Directors                            | ​ | ​ | ​                            | $ | 50,000 | ​ | ​ | ​ | ​                                                                                 | $ | 85,000 | ​ | ​ |
|