Spruce Biosciences, Inc.

NasdaqCM:SPRB Stock Report

Market Cap: US$130.4m

Spruce Biosciences Management

Management criteria checks 1/4

Spruce Biosciences' CEO is Javier Szwarcberg, appointed in Jan 2022, has a tenure of 4.33 years. total yearly compensation is $2.91M, comprised of 21% salary and 79% bonuses, including company stock and options. directly owns 0.7% of the company’s shares, worth $916.94K. The average tenure of the management team and the board of directors is 1.4 years and 4.9 years respectively.

Key information

Javier Szwarcberg

Chief executive officer

US$2.9m

Total compensation

CEO salary percentage20.96%
CEO tenure4.3yrs
CEO ownership0.7%
Management average tenure1.4yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

Analysis Article May 29

Insufficient Growth At Spruce Biosciences, Inc. (NASDAQ:SPRB) Hampers Share Price

Spruce Biosciences, Inc.'s ( NASDAQ:SPRB ) price-to-sales (or "P/S") ratio of 2.8x might make it look like a strong buy...
Analysis Article Jan 12

Is Spruce Biosciences, Inc. (NASDAQ:SPRB) Popular Amongst Institutions?

The big shareholder groups in Spruce Biosciences, Inc. ( NASDAQ:SPRB ) have power over the company. Insiders often own...

CEO Compensation Analysis

How has Javier Szwarcberg's remuneration changed compared to Spruce Biosciences's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$37m

Dec 31 2025US$3mUS$610k

-US$39m

Sep 30 2025n/an/a

-US$48m

Jun 30 2025n/an/a

-US$48m

Mar 31 2025n/an/a

-US$55m

Dec 31 2024US$2mUS$610k

-US$53m

Sep 30 2024n/an/a

-US$39m

Jun 30 2024n/an/a

-US$43m

Mar 31 2024n/an/a

-US$47m

Dec 31 2023US$2mUS$580k

-US$48m

Sep 30 2023n/an/a

-US$49m

Jun 30 2023n/an/a

-US$48m

Mar 31 2023n/an/a

-US$47m

Dec 31 2022US$4mUS$540k

-US$46m

Compensation vs Market: Javier's total compensation ($USD2.91M) is above average for companies of similar size in the US market ($USD647.34K).

Compensation vs Earnings: Javier's compensation has increased whilst the company is unprofitable.


CEO

Javier Szwarcberg (55 yo)

4.3yrs
Tenure
US$2,910,573
Compensation

Dr. Javier Szwarcberg, M.D., M.P.H., is CEO & Director of Spruce Biosciences, Inc. from January 2022. Dr. Szwarcberg is an accomplished physician executive with many years of leadership experience in the b...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Grey
Executive Chairman9.1yrsUS$79.94k0%
$ 0
Javier Szwarcberg
CEO & Director4.3yrsUS$2.91m0.70%
$ 916.9k
Samir Gharib
President & CFO6yrsUS$1.47m0.31%
$ 398.7k
Kirk Ways
Chief Medical Officer & Director1.4yrsUS$1.04m0.046%
$ 60.3k
Bruno Gagnon
Senior Vice President of Clinical Development Operationsless than a yearno datano data
Daven Mody
Senior Vice President of Regulatory & Qualityless than a yearno datano data
Corwin Hooks
Chief Commercial Officerless than a yearno datano data
1.4yrs
Average Tenure
57yo
Average Age

Experienced Management: SPRB's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Grey
Executive Chairman9.1yrsUS$79.94k0%
$ 0
Javier Szwarcberg
CEO & Director4.3yrsUS$2.91m0.70%
$ 916.9k
Kirk Ways
Chief Medical Officer & Director4.9yrsUS$1.04m0.046%
$ 60.3k
Daniel Spiegelman
Independent Director5.7yrsUS$66.04k0%
$ 0
Percival Barretto-Ko
Independent Director3yrsUS$52.06k0%
$ 0
Camilla Simpson
Independent Director8.6yrsUS$65.35k0%
$ 0
Keli Walbert
Independent Directorless than a yearUS$295.00kno data
4.9yrs
Average Tenure
58yo
Average Age

Experienced Board: SPRB's board of directors are considered experienced (4.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 03:43
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spruce Biosciences, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aydin HuseynovBenchmark Company
Jonathan WollebenCitizens JMP Securities, LLC
Gum-Ming LoweCraig-Hallum Capital Group LLC