Zymeworks Inc. — Form 10-Q
Filed August 6, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
Zymeworks hired Paul Schneider as Executive Vice President, General Counsel, effective May 13, 2026. Compensation: $480,000 base salary annually, $48,000 signing bonus (repayable if terminated within 1 year), 178,000 stock options vesting over 4 years, 119,000 RSUs vesting over 4 years, and 45% target annual bonus. Change-of-control provision provides 18 months severance plus benefits if terminated without cause within 12 months post-acquisition; standard severance ranges 12–18 months base salary depending on tenure.
Why this rating
Executive hire is routine for company of this size. Total first-year comp (~$670K base+bonus+equity valuation) is ~0.1% of $650M market cap. No material business impact disclosed.
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