Vaxcyte, Inc. (PCVX) company profile
Close on Nov 12, 2026Market cap $9.63BP/E –Yield 0.00%
About Vaxcyte
Biological Products, (No Diagnostic Substances), SIC 2836
The company is a clinical-stage biotechnology firm focused on engineering innovative vaccines to protect against severe bacterial diseases. Utilizing its proprietary XpressCF cell-free protein synthesis platform, the enterprise creates broad-spectrum conjugate and novel protein vaccine candidates intended to overcome the manufacturing and immunological constraints of conventional cell-based techniques. Its primary pipeline centers on pneumococcal conjugate vaccines, highlighted by clinical candidates such as VAX-31 and VAX-24, alongside preclinical programs targeting Group A Streptococcus and Shigella infections. Intended recipients and end users encompass pediatric and adult populations susceptible to invasive bacterial illnesses and associated complications.
Operational development and production activities are supported through external manufacturing partnerships and academic collaborations. Commercial fill-finish capacity has been established through a partner facility situated in Greenville, North Carolina, complemented by additional contract manufacturing relationships. The provided text contains no statements regarding corporate headquarters locations, total facility counts, or aggregate employee figures.
Summary of the business section of Vaxcyte's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Vaxcyte, Inc.
- Headquarters
- San Carlos, CA
- Address
- 825 Industrial Road, Ste. 300 94070
- Phone
- (650) 837-0111
- Website
- vaxcyte.com
- Employees
- 507, Dec 31, 2025
- Industry
- Biological Products, (No Diagnostic Substances)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, San Francisco, California
Stock & identifiers
- Ticker
- PCVX
- Exchange
- Nasdaq
- IPO date
- Jun 15, 2020
- Shares outstanding
- 149M, Aug 3, 2026
- Public float
- $3.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1649094
- CUSIP
- 92243G108
- ISIN
- US92243G1085
- FIGI
- BBG009PHHPL8
- Share class FIGI
- BBG009PHHPP4
- LEI
- 254900M7NMHTGASX8D95
- EIN
- 46-4233385
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Grant Pickering | CHIEF EXECUTIVE OFFICER, Director | 563,117 |
| Elvia Cowan | SVP, Finance & CAO | 27,860 |
| Jim Wassil | EVP, Chief Scientific Ofc, COO | 145,435 |
| Andrew Guggenhime | PRESIDENT AND CFO | 157,166 |
| Luis Jodar | Chief Medical Officer | 52,632 |
| Harpreet S. Dhaliwal | Chief Technical Ops Officer | 68,085 |
| Mikhail Eydelman | SVP, GEN COUNSEL & CORP SEC | 41,732 |
| John Markels | Director | 0 |
| Moncef Slaoui | Director | 0 |
| Jacks Lee | Director | 6,856 |
| Anne S. Drapeau | Director | 12,481 |
| Olivier Brandicourt | Director | 4,699 |
| Heath Lukatch | Director | 19,481 |
| Halley E. Gilbert | Director | 12,481 |
| Carlos V. Paya | Director | 12,481 |
| John Furey | Director | 5,306 |
| Teri Loxam | Director | 12,481 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $14.46M | -$26.74M | $4.91M | $176 | $142 |
| FY2024 | $39.64M | $42.67M | $13.80M | $313 | $107 |
| FY2023 | $12.14M | $28.15M | $4.77M | $240 | $109 |
| FY2022 | $13.66M | $29.66M | $5.32M | $183 | $105 |
| FY2021 | $5.29M | $4.29M | $1.91M | $91 | $118 |
| FY2020 | $3.37M | $13.96M | $3.50M | $102 | $118 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Grant E. Pickering Chief Executive Officer | $800.00K | $4.30M | $8.71M | $630.00K | $14.73K | $14.46M | -64% |
| Andrew Guggenhime President and Chief Financial Officer | $620.00K | $1.69M | $3.42M | $325.50K | $14.73K | $6.07M | -66% |
| Jim Wassil Executive Vice President and Chief Operating Officer | $600.00K | $1.93M | $3.27M | – | $14.73K | $5.81M | -67% |
| Mikhail Eydelman Senior Vice President, General Counsel and Corporate Secretary | $501.00K | $1.08M | $2.18M | $236.72K | $14.99K | $4.01M | -29% |
| Harp Dhaliwal Chief Technical Operations Officer | $495.00K | $998.19K | $2.02M | $233.89K | $14.73K | $3.76M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jun 15, 2020
- Offer price
- $16.00
- Securities offered
- 15,625,000
- Gross proceeds
- $250.00M
- Exchange
- Nasdaq
- First trading day
- Jun 12, 2020
- First-day close
- $26.15+63.4%
- Lock-up ends (est.)
- Dec 9, 2020
“The initial public offering price is $16.00 per share.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 507 full-time employees, with most of those based in the United States.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 15, 2020 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 9, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 3, 2020 | Name change | Name changed from SutroVax, Inc. to Vaxcyte, Inc. |
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