Sutro Biopharma, Inc. (STRO) company profile
Close on Nov 11, 2026Market cap $170.12MP/E –Yield –
About Sutro Biopharma
Biological Products, (No Diagnostic Substances), SIC 2836
The company is a clinical-stage oncology biotechnology enterprise dedicated to the design and development of novel-format and site-specific antibody-drug conjugates (ADCs) to treat solid tumors. Leveraging proprietary cell-free protein synthesis and site-specific conjugation platforms, known as XpressCF and XpressCF+, the organization creates homogeneous therapeutics, including standard ADCs, immunostimulatory ADCs, and dual-payload ADCs. Its clinical pipeline is led by STRO-004, an investigational therapy targeting tissue factor in patients with advanced solid tumors, alongside preclinical candidates STRO-227 and STRO-006. In addition to internal development, the firm partners with pharmaceutical and biotechnology companies through research, development, and licensing collaborations across oncology and infectious disease vaccine applications.
The business operates as a clinical-stage development firm conducting multicenter clinical trials in medical facilities. Its corporate relationships and collaboration partners extend across the United States, Europe, and Asia, including agreements covering the Greater China territory. The provided report does not specify a corporate headquarters location.
Summary of the business section of Sutro Biopharma's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Sutro Biopharma, Inc.
- Founded
- 2003
- Headquarters
- South San Francisco, CA
- Address
- 111 Oyster Point Blvd. 94080
- Phone
- (650) 392-8412
- Website
- www.sutrobio.com
- Employees
- 137, Dec 31, 2025
- Industry
- Biological Products, (No Diagnostic Substances)
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, San Mateo, California
Stock & identifiers
- Ticker
- STRO
- Exchange
- Nasdaq
- IPO date
- Sep 27, 2018
- Shares outstanding
- 17M, Aug 7, 2026
- Public float
- $60.00M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-10 reverse, Dec 3, 2025
- SEC CIK
- 1382101
- CUSIP
- 869367201
- ISIN
- US8693672011
- FIGI
- BBG000R4V3P3
- Share class FIGI
- BBG001T94MP6
- LEI
- 5493005U6P15VD25P851
- EIN
- 45-2441988
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jane Chung | Chief Executive Officer, Director | 21,567 |
| William J. Newell | CEO, Director | 409,056 |
| Hans-Peter Gerber | CHIEF SCIENTIFIC OFFICER | 12,367 |
| Gregory K. Chow | CFO | 4,725 |
| David Pauling | Chief Admin. Ofcr. & GC | 10,025 |
| Barbara Leyman | Chief Business Officer | 16,056 |
| Edward C. Albini | CFO AND SECRETARY | 176,800 |
| Venkatesh Srinivasan | CHIEF TECH OP OFFICER | 53,686 |
| Linda A. Fitzpatrick | CHIEF PEOPLE & COMM. OFFICER | 137,821 |
| Anne Elizabeth Borgman | CHIEF MEDICAL OFFICER | 97,452 |
| Sukhi Jagpal | Director | – |
| Joseph M. Lobacki | Director | 0 |
| Connie Matsui | Director | 50,000 |
| Jon Marc Wigginton | Director | 0 |
| Daniel H. Petree | Director | 22,457 |
| Michael Dybbs | Director | 0 |
| James P. Panek | Director | 0 |
| Heidi Hunter | Director | 0 |
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 Mr Newell | $1.67B | $1.14B | $898.71M | $14 | – |
| FY2025 Ms Chung | $1.58B | $1.87B | $898.71M | $14 | – |
| FY2024 | $2.33M | $925.01K | $1.31B | $23 | – |
| FY2024 Mr Newell | $2.33B | $925.01M | $1.31B | $23 | – |
| FY2023 | $2.13M | -$539.43K | $1.98B | $53 | – |
| FY2023 Mr Newell | $2.13B | -$539.43M | $1.98B | $53 | – |
“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 | Bonus | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|---|
| Jane Chung, R.Ph. Chief Executive Officer | $652.00K | – | $167.40K | $245.28K | $465.75K | $45.50K | $1.58M | +9% |
| William J. Newell Former Chief Executive Officer | $239.69K | – | – | – | – | $1.43M | $1.67M | -28% |
| Hans-Peter Gerber, Ph.D. Chief Scientific Officer | $527.53K | – | $61.43K | $110.13K | $243.82K | – | $942.90K | -18% |
| Gregory Chow Chief Financial Officer | $277.08K | $25.00K | $88.00K | $245.94K | $218.50K | – | $854.52K | – |
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 27, 2018
- Offer price
- $15.00
- Securities offered
- 5,667,000
- Gross proceeds
- $85.01M
- Exchange
- Nasdaq
- First trading day
- Sep 27, 2018
- First-day close
- $15.20+1.3%
- Lock-up ends (est.)
- Mar 26, 2019
“The initial public offering price is $15.00 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 137 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 25, 2025 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Sep 27, 2018 | IPO | Initial public offering priced (424B4 prospectus) |
| Sep 18, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 24, 2007 | Name change | Name changed from Fundamental Applied Biology Inc to SUTRO BIOPHARMA INC |
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