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Prelude Therapeutics Inc (PRLD) company profile

PRLDNasdaqPharmaceutical PreparationsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026Score 7/3067% above fair value
$3.45−0.07 (-1.99%)

Close on Nov 13, 2026Market cap $275.32MP/E –Yield –

About Prelude Therapeutics

Pharmaceutical Preparations, SIC 2834

Prelude Therapeutics Incorporated is a clinical-stage precision oncology biopharmaceutical company focused on discovering and developing targeted cancer therapies. The company identifies compelling biological target mechanisms, such as transcriptional regulation and cell proliferation signaling pathways, to design new chemical entities. Its product candidate pipeline utilizes multiple therapeutic modalities, including small-molecule inhibitors, targeted protein degraders, and precision antibody-drug conjugates. Prelude focuses its development programs on underserved patient populations with solid tumors and hematological malignancies that have high unmet medical needs. Key programs include lead candidates such as PRT12396, a selective JAK2 inhibitor, and preclinical candidates targeting KAT6A as well as mutated calreticulin.

The company operates primarily in the United States and conducts its research and clinical development activities domestically. Prelude conducts corporate operations from its principal executive offices and headquarters located in Wilmington, Delaware. It also collaborates with external biopharmaceutical partners to discover, develop, and commercialize novel degrader antibody conjugate programs.

Summary of the business section of Prelude Therapeutics's latest annual report, written by StockData.

Company profile

Company

Legal name
Prelude Therapeutics Inc
Founded
2016
Headquarters
Wilmington, DE
Address
175 Innovation Boulevard 19805
Phone
(302) 467-1280
Employees
79, Dec 31, 2025
Industry
Pharmaceutical Preparations
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Ernst & Young LLP, Philadelphia, Pennsylvania

Stock & identifiers

Ticker
PRLD
Exchange
Nasdaq
IPO date
Sep 25, 2020
Shares outstanding
80M, Aug 6, 2026
Public float
$14.40M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
SEC CIK
1678660
CUSIP
74065P101
ISIN
US74065P1012
FIGI
BBG00K7JY2Q6
Share class FIGI
BBG00K7JY2R5
EIN
81-1384762

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Krishna VaddiCEO, Director2,693,623
Charles Q. MorrisChief Medical Officer–
Sean P. BruskyChief Business Officer100,000
Peggy ScherleChief Scientific Officer173,527
Bryant David LimCLO, CFO, Corp Sec.27,400
Andrew CombsChief Chemistry Officer480,123
Jane HuangPresident, CMO86,917
Victor SandorDirector–
Katina DortonDirector–
Paul A. FriedmanDirector347,522
667, L.P.Director–
Bros. Advisors Lp BakerDirector876,061
Julian BakerDirector–
Felix BakerDirector–
Brothers Life Sciences LP BakerDirector–
Bros. Advisors (GP) LLC BakerDirector870,873
David P. BonitaDirector1,126,126
Martin BablerDirector–
Advisors Llc OrbimedDirector9,250,191
Capital GP VI LLC OrbiMedDirector–
Capital Llc OrbimedDirector10,119,756
Genesis GP LLC OrbiMedDirector1,126,126
Paul C. SchererDirector–
Mardi DierDirector10,000

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$1.35M$2.42M$833.56K$68–
FY2024$2.33M$448.04K$1.32M$30–

“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

ExecutiveSalaryOption awardsIncentive payOtherTotalvs. prior year
Krishna Vaddi
Chief Executive Officer
$615.44K$412.74K$309.47K$10.35K$1.35M-42%
Peggy A. Scherle
Chief Scientific Officer
$473.42K$145.52K$190.44K$10.35K$819.73K–
Bryant D. Lim
Chief Legal Officer, Corporate Secretary, and Chief Financial Officer
$477.50K$166.35K$193.20K$10.35K$847.40K-30%

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
Sep 25, 2020
Offer price
$19.00
Securities offered
8,325,000
Gross proceeds
$158.18M
Exchange
Nasdaq
First trading day
Sep 25, 2020
First-day close
$26.20+37.9%
Lock-up ends (est.)
Mar 24, 2021

“The initial public offering price is $19.00 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 79 full-time employees.”

Corporate history

Events identified from SEC filings

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