Company: TVRD
Filing Date: 2025-10-07
Form Type: S-1/A
Source: 0001104659-25-097519
Chunk: 263

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-10-07
Form: S-1/A
Chunk 263
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 | ​ | Underlying |
| Director               |   |  RSUs |   |    Options |
| Jeffrey L. Ives, Ph.D. | ​ | 4,184 | ​ |      8,902 |
| Martin Vogelbaum       | ​ | 8,369 | ​ |     17,431 |
| Lisa von Moltke        | ​ | 4,184 | ​ |      7,937 |
| Susan Shiff, Ph.D.     |   | 4,184 |   |      8,491 |
| Helen M. Boudreau      |   | 4,184 |   |      9,742 |

Mr. Posner was also a member of Cara’s Board but did 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.” Non-Employee Director Compensation Policy On April 17, 2025, our board of directors adopted a non-employee director compensation policy, pursuant to which we will pay our non-employee directors a cash retainer for their service on our board of directors and for service on each committee of the board of directors of 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 our board of directors or applicable committee. The cash retainers are as follows:

| ● | Annual board retainer fee — $40,000 |

| ● | Chairperson or Lead Independent Director (if any) fee — $30,000 |

| ● | Audit Committee |

| ● | Chairperson fee (including member fee) — $15,000 |

| ● | Member fee — $7,500 |

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| ● | Compensation Committee |

| ● | Chairperson fee (including member fee) — $12,000 |

| ● | Member fee — $6,000 |

| ● | Nominating and Corporate Governance Committee |

| ● | Chairperson fee (including member fee) — $10,000 |

| ● | Member fee — $5,000 |

Under the terms of the policy, we will also reimburse our non-employee directors for reasonable travel and out-of-pocket expenses incurred in connection with attending meetings of the board of directors and its committees. Under the terms of the policy, our non-employee