Company: TVRD
Filing Date: 2025-02-14
Form Type: S-4/A
Source: 0001104659-25-013053
Chunk: 665

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-02-14
Form: S-4/A
Chunk 665
---
ainer of $25,000, payable in arrears in four quarterly installments, pursuant to the terms of a letter agreement with Tvardi. Tvardi intends to terminate Mr. Shah’s letter agreement in connection with this Merger. (2) The following table provides information regarding the number of shares of common stock underlying options held by Tvardi non-employee directors that were outstanding as of December 31, 2024:

| Name          | ​ | ​ | SharesUnderlyingOutstandingOptions as ofDecember 31,2023 |   |         |   | ​ |
| Sujal Shah    | ​ | ​ | ​                                                        | ​ | 137,500 | ​ | ​ |
| Wallace Hall  | ​ | ​ | ​                                                        | ​ |       — | ​ | ​ |
| Jamie McNab   | ​ | ​ | ​                                                        | ​ |       — | ​ | ​ |
| Michael Wyzga | ​ | ​ | ​                                                        | ​ | 137,500 | ​ | ​ |
| Shaheen Wirk  | ​ | ​ | ​                                                        | ​ |  15,000 | ​ | ​ |

(3) Amounts shown represent $10,000 paid to Mr. Wirk in the fiscal year ended 2024 pursuant to a consulting agreement by and between Tvardi and Mr. Wirk, dated January 21, 2021, for certain advisory services to be provided to Tvardi.

382

TABLE OF CONTENTS

### RELATED PERSON TRANSACTIONS OF THE COMBINED COMPANY

#### Cara Related Party Transactions

#### Support Agreements
Concurrently with the execution of the Merger Agreement, the officers and directors of Cara, and their affiliated funds that hold Cara common stock and who collectively own approximately 1% of the outstanding shares of Cara common stock, entered into the Cara Support Agreements in favor of Tvardi relating to the Merger. The Cara Support Agreements provide, among other things, that such officers, directors and stockholders will vote all of their shares of Cara common stock: (i) in favor of adopting the Merger Agreement and approving the Merger, the other Contemplated Transactions and the Cara Proposals, (ii) against any proposal made in opposition to, or in competition with, the Merger Agreement or the Merger and (iii) against any Acquisition Proposal

#### Lock-Up Agreements
Concurrently with the execution of the Merger Agreement, the director of Cara designated prior