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Sutro Biopharma, Inc. (STRO) company profile

STRONasdaqBiological Products, (No Diagnostic Substances)Fiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026Score 7/30
$10.26+0.09 (+0.88%)

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
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

NamePositionShares owned
Jane ChungChief Executive Officer, Director21,567
William J. NewellCEO, Director409,056
Hans-Peter GerberCHIEF SCIENTIFIC OFFICER12,367
Gregory K. ChowCFO4,725
David PaulingChief Admin. Ofcr. & GC10,025
Barbara LeymanChief Business Officer16,056
Edward C. AlbiniCFO AND SECRETARY176,800
Venkatesh SrinivasanCHIEF TECH OP OFFICER53,686
Linda A. FitzpatrickCHIEF PEOPLE & COMM. OFFICER137,821
Anne Elizabeth BorgmanCHIEF MEDICAL OFFICER97,452
Sukhi JagpalDirector–
Joseph M. LobackiDirector0
Connie MatsuiDirector50,000
Jon Marc WiggintonDirector0
Daniel H. PetreeDirector22,457
Michael DybbsDirector0
James P. PanekDirector0
Heidi HunterDirector0

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
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

ExecutiveSalaryBonusStock awardsOption awardsIncentive payOtherTotalvs. 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

DateEventDetails
Jun 25, 2025Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Sep 27, 2018IPOInitial public offering priced (424B4 prospectus)
Sep 18, 2018ListingRegistration of securities on an exchange (Form 8-A)
Oct 24, 2007Name changeName changed from Fundamental Applied Biology Inc to SUTRO BIOPHARMA INC

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