Companies Sharplink
Sharplink (SBET): executive pay, fiscal 2025
Free brief. Every figure links to the company’s own filing.
Velarion Intel: free for 3 days, no card →Email me Sharplink’s executive pay brief as a PDF
You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.
After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.
CEO pay, last three years
- $10,453,756FY2025
CEO total pay was $10,453,756 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $317,308 · bonus $0 · stock awards $6,136,448 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Rob Phythian | $467,502 | $0 | $8,421,840 | $0 | $144,658 | $0 | $1,991,000 | $11,025,001 |
| Former President and Chief Executive Officer | ||||||||
| Joseph Chalom | 317,308 | 0 | 6,136,448 | 0 | 4,000,000 | 0 | 0 | 10,453,756 |
| President and Chief Executive Officer | ||||||||
| Robert DeLucia | 345,263 | 0 | 3,679,448 | 0 | 1,350,000 | 0 | 0 | 5,374,711 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Rob Phythian | $11,025,001 | $761,837 | $488,428 | ↑ +10,263,164 |
| Joseph Chalom | 10,453,756 | — | — | — |
| Robert DeLucia | 5,374,711 | 548,383 | 303,774 | ↑ +4,826,328 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The compensation program is designed to optimize alignment between executive pay and actual results, with variable components consisting of short-term incentives (STI) and long-term incentives (LTI). The company aims to maintain competitive compensation levels to retain and attract high-caliber executives, targeting the 50th percentile of market data.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Farient Advisors |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Robert DeLucia | RSU | 8,094 | — | — |
| Robert DeLucia | PSU | 24,281 | — | 217,072 |
| Robert DeLucia | RSU | 48,560 | — | — |
| Robert DeLucia | RSU | 112,493 | — | — |
| Joseph Chalom | PSU | 147,795 | — | 1,321,287 |
| Joseph Chalom | RSU | 295,590 | — | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Leslie BernhardIndependent · Audit Committee (Chair) · Compensation Committee · Nominating and Corporate Governance Committee | $83,543 | $663,432 | — | — | — | $746,975 |
| Obie McKenzieIndependent · Audit Committee · Compensation Committee (Chair) · Investment and Technology Committee (Chair) | 82,500 | 663,432 | — | — | — | 745,932 |
| Robert GutkowskiIndependent · Audit Committee · Compensation Committee · Nominating and Corporate Governance Committee (Chair) | 76,042 | 663,432 | — | — | — | 739,474 |
| Joseph LubinIndependent · Board Chair · Nominating and Corporate Governance Committee · Investment and Technology Committee · Partial-year service · Newly elected | 107,917 | 0 | — | — | — | 107,917 |
Board fee structure and ownership guideline
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $75,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $350,002 |
| Equity awards (grant-date value) | $1,990,296 |
| All other compensation | $0 |
| Total cost of the board | $2,340,298 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Sharplink as a peer
Companies that benchmark against SBET
No companies currently name SBET as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Hut 8 Corp. | 2025 | Asher Genoot | $550,000 | $238,248,457 | $0 | $0 | $239,909,042 |
| 2 | CleanSpark, Inc. | 2025 | S. Matthew Schultz | 862,917 | 37,098,637 | 0 | 0 | 44,901,507 |
| 3 | TeraWulf Inc. | 2025 | Paul Prager | 1,000,372 | 23,151,000 | 0 | 0 | 39,411,005 |
| 4 | Penn Entertainment, Inc. | 2025 | Jay Snowden | 1,800,000 | 14,249,989 | 4,750,004 | 2,984,400 | 24,126,651 |
| 5 | Customers Bancorp, Inc. | 2025 | Sam Sidhu | 725,000 | 12,077,187 | 0 | 0 | 12,927,331 |
| 6 | Q2 Holdings, Inc. | 2025 | Matthew Flake | 520,000 | 10,372,998 | 0 | 552,879 | 11,492,510 |
| 7 | Sharplink | 2025 | Joseph Chalom | 317,308 | 6,136,448 | 0 | 4,000,000 | 10,453,756 |
| 8 | F.N.B. Corp. | 2025 | Vincent J. Delie, Jr. | 1,222,893 | 3,843,347 | 0 | 2,876,400 | 8,472,627 |
| 9 | Columbia Banking System, Inc. | 2025 | Clint Stein | 1,250,000 | 3,748,027 | 0 | 2,025,000 | 7,712,345 |
| 10 | Rush Street Interactive, Inc. | 2025 | Richard Schwartz | 653,800 | 4,135,685 | 1,089,668 | 1,053,650 | 6,946,803 |
| 11 | Associated Banc-Corp | 2025 | Andrew Harmening | 1,120,000 | 2,799,980 | 0 | 2,150,400 | 6,354,626 |
| 12 | Wsfs Financial Corp. | 2025 | Rodger Levenson | 1,004,500 | 2,562,293 | 0 | 1,550,312 | 5,173,260 |
| 13 | Atlantic Union Bankshares Corp. | 2025 | John Asbury | 1,018,875 | 2,364,373 | 0 | 1,526,114 | 5,066,713 |
| 14 | CRA International, Inc. | 2025 | Paul Maleh | 900,000 | 2,099,925 | 0 | 1,125,000 | 4,156,568 |
| 15 | Upexi, Inc. | 2025 | Allan Marshall | 840,000 | 171,000 | 1,091,963 | 0 | 2,502,194 |
| 16 | DeFi Development Corp. | 2025 | Joseph Onorati | 439,596 | 0 | 1,037,758 | 0 | 1,477,354 |
| — | Connexa Sports Technologies, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Semler Scientific, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Marin Software Incorporated | — | — | — | — | — | — | not in coverage universe |
| — | Verb Technology Company, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Gryphon Digital Mining, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Sharplink | not disclosed | RSU 100 | not disclosed | Farient Advisors |
| Associated Banc-Corp | not disclosed | PSU 75 · RSU 25 | No | Mercer |
| Atlantic Union Bankshares Corp. | 149% | PSU 60 · RSU 40 | Yes — Total Shareholder Return (TSR) - Relative to KBW Regional Banking Index | Meridian Compensation Partners, LLC |
| CleanSpark, Inc. | not disclosed | RSU 60 · PRSU 40 | No | Compensia Inc. |
| Columbia Banking System, Inc. | 135% | PSU 60 · RSU 40 | Yes — TSR | Aon Consulting |
| Connexa Sports Technologies, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| CRA International, Inc. | not disclosed | PRSU 60 · RSU 40 | not disclosed | Semler Brossy |
| Customers Bancorp, Inc. | 122.05% | PSU 60 · RSU 40 | No | Aon Consulting, Inc. |
| DeFi Development Corp. | not disclosed | not disclosed | not disclosed | not disclosed |
| F.N.B. Corp. | 188% | not disclosed | No | not disclosed |
| Gryphon Digital Mining, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Hut 8 Corp. | 200% | not disclosed | No | Compensia, Inc. |
| Marin Software Incorporated | not disclosed | not disclosed | not disclosed | not disclosed |
| Penn Entertainment, Inc. | 66.3% | PSU 50 · RSU 25 · Options 25 | No | Semler Brossy Consulting Group, LLC |
| Q2 Holdings, Inc. | 106.3% | PSU 50 · RSU 50 | Yes — Relative TSR | Mercer |
| Rush Street Interactive, Inc. | 144.8% | PSU 50 · RSU 30 · Option 20 | Yes — Relative TSR | not disclosed |
| Semler Scientific, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| TeraWulf Inc. | not disclosed | not disclosed | No | Lyons, Benenson & Company Inc. |
| Upexi, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Verb Technology Company, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Wsfs Financial Corp. | 154% | PSU 60 · RSU 40 | No | Frederic W. Cook & Co., Inc. |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-10 | 32,233,510 | 15,431,178 | 9,005,851 | 56.88% | Passed |
| 2024 | 2024-12-23 | 673,884 | 22,507 | 1,802 | 96.52% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-04-10 | 56.88%a |
| 2024 | 2024-12-23 | 96.52%b |
a. Approved under the standard stated in the filing — “A majority of shares present or represented by proxy and entitled to vote thereon is required to approve, on a non-binding, advisory basis, the compensation of our named executive officers as disclosed in this Proxy Statement. || Abstentions: Abstentions will have the effect of a vote against this proposal.”.
b. Approved under the standard stated in the filing — “Required Vote The affirmative vote of the holders of a majority of the Common Stock represented at the Meeting, in person or by proxy, entitled to vote and voting on the matter, is required to approve the non-binding advisory resolution.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 6 : 1 |
|---|---|
| CEO total compensation | $761,837 |
| Median employee compensation | — |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (28 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Rob Phythian. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · page 31. As printed: 11,025,001. View filing ↗
- Section 01, Joseph Chalom. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · page 31. As printed: 10,453,756. View filing ↗
- Section 01, Robert DeLucia. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · page 31. As printed: 5,374,711. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2025-03-31. Section “CEO Pay Ratio”. As printed: 6 : 1. View filing ↗
- Section 08, Leslie Bernhard. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 746,975. View filing ↗
- Section 08, Obie McKenzie. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 745,932. View filing ↗
- Section 08, Robert Gutkowski. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 739,474. View filing ↗
- Section 08, Joseph Lubin. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 107,917. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-04-14. Item 5.07 · say-on-pay result. As reported: 56.88% (votes for as printed: 32,233,510). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-12-26. Item 5.07 · say-on-pay result. As reported: 96.52% (votes for as printed: 673,884). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 350,002 + equity 1,990,296 + all other 0 = 2,340,298, summed across the director compensation table rows.
- Hut 8 Corp., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Hut 8 Corp.'s own proxy. As printed: 239,909,042. View filing ↗
- CleanSpark, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-22. CEO total compensation as printed in CleanSpark, Inc.'s own proxy. As printed: 44,901,507. View filing ↗
- TeraWulf Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in TeraWulf Inc.'s own proxy. As printed: 39,411,005. View filing ↗
- Penn Entertainment, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in Penn Entertainment, Inc.'s own proxy. As printed: 24,126,651. View filing ↗
- Customers Bancorp, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-14. CEO total compensation as printed in Customers Bancorp, Inc.'s own proxy. As printed: 12,927,331. View filing ↗
- Q2 Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Q2 Holdings, Inc.'s own proxy. As printed: 11,492,510. View filing ↗
- Sharplink (subject), Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Sharplink's own proxy. As printed: 10,453,756. View filing ↗
- F.N.B. Corp., Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in F.N.B. Corp.'s own proxy. As printed: 8,472,627. View filing ↗
- Columbia Banking System, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Columbia Banking System, Inc.'s own proxy. As printed: 7,712,345. View filing ↗
- Rush Street Interactive, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Rush Street Interactive, Inc.'s own proxy. As printed: 6,946,803. View filing ↗
- Associated Banc-Corp, Section 10b CEO total. DEF 14A, filed 2026-03-16. CEO total compensation as printed in Associated Banc-Corp's own proxy. As printed: 6,354,626. View filing ↗
- Wsfs Financial Corp., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Wsfs Financial Corp.'s own proxy. As printed: 5,173,260. View filing ↗
- Atlantic Union Bankshares Corp., Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Atlantic Union Bankshares Corp.'s own proxy. As printed: 5,066,713. View filing ↗
- CRA International, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in CRA International, Inc.'s own proxy. As printed: 4,156,568. View filing ↗
- Upexi, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-05. CEO total compensation as printed in Upexi, Inc.'s own proxy. As printed: 2,502,194. View filing ↗
- DeFi Development Corp., Section 10b CEO total. DEF 14A, filed 2026-11-04. CEO total compensation as printed in DeFi Development Corp.'s own proxy. As printed: 1,477,354. View filing ↗