Company: TVRD
Filing Date: 2025-01-27
Form Type: S-4/A
Source: 0001104659-25-006050
Chunk: 612

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-01-27
Form: S-4/A
Chunk 612
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 Officer; |

| ● | Ryan Maynard, Chief Financial Officer; and |

| ● | Scott Terrillion, General Counsel, Secretary and Chief Compliance Officer. |

Compensation Mix Cara has a pay-for-performance focused executive compensation philosophy. Cara believes that compensation should be designed to drive company performance to increase stockholder value. Cara seeks to achieve this by using different elements of compensation and a market-based approach to attract, retain and motivate a high-performing team of executive officers and by aligning most of the compensation of each of Cara’s executives with Cara’s short- and long-term performance, as well as each such executive’s individual contributions. Cara believes that it is important that performance- and equity-based compensation comprise a substantial portion of the total compensation of each of Cara’s executives in order to align Cara’s executives’ interests with those of Cara’s stockholders. Clawback Policy The Company adopted an incentive compensation clawback policy on November 28, 2023 that complies with SEC rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act and related stock exchange listing rules. 2024 Summary Compensation Table The table below shows for the periods presented, compensation awarded to or paid to, or earned by, Cara’s named executive officers.

| Name and Principal Position                             |   | Year |   |  Salary 
     ($) |   |    Option 
    awards 
    ($)(1) |   |     Non-equity 
 incentive plan 
   compensation 
        ($) (2) |   |           All other 
 compensation ($)(3) |   |     Total 
       ($) |
| Christopher Posner                                      | ​ | 2024 | ​ | 728,000 | ​ |   326,800 | ​ |              — | ​ |              11,079 | ​ | 1,065,879 |
| President and Chief Executive Officer                   | ​ | 2023 | ​ | 728,000 | ​ | 1,769,000 | ​ |        414,960 | ​ |              10,509 | ​ | 2,922,469 |
| Ryan Maynard                                            | ​ | 2024 | ​ | 478,400 | ​ |   117,800 | ​ |              — | ​ |              11,079 | ​ |   607,279 |
| Chief Financial Officer                                 | ​ | 2023 | ​ | 478,400 | ​ |   573,156 | ​ |        181,792 | ​ |