Companies SURF AIR MOBILITY INC.
SURF AIR MOBILITY (SRFM): executive pay, fiscal 2025
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CEO pay, last three years
- $1,164,780FY2023
- $984,646FY2024
- $2,933,208FY2025
CEO total pay was $2,933,208 in fiscal 2025, up from $984,646 in fiscal 2024.
FY2025: salary $550,000 · bonus $457,008 · stock awards $1,909,000 · option awards $0
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Executives and directors
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 |
|---|---|---|---|---|---|---|---|---|
| Deanna White | $550,000 | $457,008 | $1,909,000 | $0 | $0 | $0 | $17,200 | $2,933,208 |
| Chief Executive Officer | ||||||||
| Oliver Reeves | 500,000 | 430,463 | 708,000 | 0 | 0 | 0 | 0 | 1,638,463 |
| 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 |
|---|---|---|---|---|
| Deanna White | $2,933,208 | $984,646 | $1,164,780 | ↑ +1,948,562 |
| Oliver Reeves | 1,638,463 | 1,997,016 | — | ↓ −358,553 |
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 Company's compensation program is designed to attract, motivate, retain, and reward employees and other eligible persons, with a focus on aligning the interests of executive officers with those of stockholders through equity-based incentives and performance-based bonuses.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | — |
| Anti-pledging | — |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Oliver Reeves Chief | PSU | 2024-01-01 | 430,463 | 500,000 | — | 708,000 | $1,638,463 |
| Oliver Reeves | PSU | 2024-01-01 | 430,463 | 500,000 | — | 708,000 | 1,638,463 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Oliver Reeves Chief | $0 | $1,638,463 | $0 | 100.0% |
| Oliver Reeves | 0 | 1,638,463 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Oliver Reeves | Option | 53,571 | 6.17 | — |
| Deanna White | Option | 78,571 | 6.17 | — |
| Deanna White | Option | 83,434 | 2.63 | — |
| Oliver Reeves | Option | 171,428 | 9.24 | — |
| Oliver Reeves | RSU | 300,000 | — | 582,000 |
| Deanna White | RSU | 400,000 | — | 776,000 |
| Sudhin Shahani | Option | 16,735,241 | 48.42 | — |
| Sudhin Shahani | Option | 20,082,289 | 40.35 | — |
| Sudhin Shahani | Option | 25,102,862 | 32.28 | — |
| Sudhin Shahani | Option | 33,470,482 | 24.21 | — |
| Sudhin Shahani | Option | 50,205,724 | 16.14 | — |
| Sudhin Shahani | Option | 100,411,448 | 8.07 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Sudhin ShahaniNot independent · Governance | — | — | — | — | $593,752 | $593,752 |
| Carl AlbertIndependent · Board Chair · Audit (Chair) · Compensation (Chair) · Nominating and Corporate Governance (Chair) · Not standing for re-election | 117,000 | 329,341 | — | — | — | 446,341 |
| John D'Agostino | 67,500 | 329,341 | — | — | — | 396,841 |
| Bruce HackIndependent · Audit · Compensation | 57,500 | 329,341 | — | — | — | 386,841 |
| Ed MadyIndependent · Compensation Committee | 45,000 | 329,341 | — | — | — | 374,341 |
| Tyler PainterIndependent · Audit | 35,000 | 329,341 | — | — | — | 364,341 |
| Tyrone BlandIndependent · Departed during FY | 23,333 | 329,341 | — | — | — | 352,675 |
| Shawn PelsingerIndependent · Nominating and Corporate Governance | 8,750 | 313,592 | — | — | — | 322,342 |
| David AndermanNot independent · Governance | 35,000 | — | — | — | 247,942 | 282,942 |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $265,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $389,083 |
| Equity awards (grant-date value) | $2,289,638 |
| All other compensation | $841,694 |
| Total cost of the board | $3,520,415 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names SURF AIR MOBILITY as a peer
Companies that benchmark against SRFM
No companies currently name SRFM 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 | SURF AIR MOBILITY INC. | 2025 | Deanna White | $550,000 | $1,909,000 | $0 | $0 | $2,933,208 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 2 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (18 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, Deanna White. DEF 14A, filed 2026-06-10. Section “Summary Compensation Table - Fiscal Years 2025 and 2024” · page 19. As printed: 2,933,208. View filing ↗
- Section 01, Oliver Reeves. DEF 14A, filed 2026-06-10. Section “Summary Compensation Table - Fiscal Years 2025 and 2024” · page 19. As printed: 1,638,463. View filing ↗
- Section 03, Oliver Reeves Chief PSU. DEF 14A, filed 2026-06-10. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Oliver Reeves PSU. DEF 14A, filed 2026-06-10. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-06-10. Section “CEO Pay Ratio”. As printed: 2 : 1. View filing ↗
- Section 08, Sudhin Shahani. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 593,752. View filing ↗
- Section 08, Carl Albert. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 446,341. View filing ↗
- Section 08, John D'Agostino. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 396,841. View filing ↗
- Section 08, Bruce Hack. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 386,841. View filing ↗
- Section 08, Ed Mady. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 374,341. View filing ↗
- Section 08, Tyler Painter. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 364,341. View filing ↗
- Section 08, Tyrone Bland. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 352,675. View filing ↗
- Section 08, Shawn Pelsinger. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 322,342. View filing ↗
- Section 08, David Anderman. DEF 14A, filed 2026-06-10. Section “Director Compensation”. As printed: 282,942. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 389,083 + equity 2,289,638 + all other 841,694 = 3,520,415, summed across the director compensation table rows.
- SURF AIR MOBILITY INC. (subject), Section 10b CEO total. DEF 14A, filed 2026-06-10. CEO total compensation as printed in SURF AIR MOBILITY INC.'s own proxy. As printed: 2,933,208. View filing ↗