Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-15

AirJoule Technologies (AIRJ)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,693,556
Patrick Eilers total, FY2025
Executive Chairmanhighest-paid officer; CEO Matthew Jore: $2,134,732
CEO (Matthew Jore) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against AIRJ
No companies currently name AIRJ as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Patrick Eilers$300,000$0$5,243,158$0$142,500$0$7,899$5,693,556
Executive Chairman
Matthew Jore400,00001,486,8860240,00007,8462,134,732
Chief Executive Officer
Stephen Pang333,8460618,2220187,000014,0001,153,068
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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Patrick Eilers$5,693,556
Matthew Jore2,134,732
Stephen Pang1,153,068

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Patrick EilersRSU2025-02-1237,669
Patrick EilersPSU2025-02-12368,112
Matthew JorePSU2025-02-1255,748
Matthew JoreRSU2025-02-1290,405
Stephen PangPSU2025-02-1213,937
Stephen PangRSU2025-02-1252,736
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Patrick EilersPSU184,056$725,181
Matthew JoreRSU90,405356,196
Patrick EilersPSU74,620294,001
Stephen PangRSU52,736207,780
Stephen PangRSU50,625199,463
Patrick EilersRSU37,669148,416
Matthew JoreRSU37,500147,750
Matthew JorePSU27,874109,824
Patrick EilersRSU18,75073,875
Stephen PangRSU18,75073,875
Matthew JorePSU11,30144,524
Stephen PangPSU6,96927,456
Stephen PangPSU2,82511,131
Matthew JoreOption82,29010.23
Stephen PangOption41,14510.23
Stephen PangOption111,09210.23
Patrick EilersOption41,14510.23
05

Incentive-plan design — the Compensation Discussion & Analysis

AirJoule's executive compensation program is designed to attract and retain high-quality executive officers and to align their interests with those of stockholders by linking compensation to company performance.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Marwa ZaatariIndependent · Nominating/Governance · Compensation (Chair)$66,484$110,746$177,230
Max S. BaucusIndependent · Nominating/Governance · Compensation66,484110,746177,230
Thomas E. MurphyIndependent · Nominating/Governance · Audit (Chair) · Compensation · Nominating and Corporate Governance · Newly elected35,959130,493166,452
Stuart D. PorterIndependent · Lead Independent Director · Nominating/Governance (Chair)53,241110,746163,987
Ajay AgrawalIndependent · Audit53,241110,746163,987
Denise B. SterlingIndependent · Audit · Compensation · Newly elected28,253130,4931158,747
Paul DabbarIndependent · Departed during FY32,280110,746143,026
J. Kyle DerhamIndependent · Departed during FY29,822110,746140,568
Matthew B. JoreEmployee director0
Patrick C. EilersEmployee director · Board Chair0
09

Board fee structure and ownership guideline

Annual cash retainer$55,000
Annual equity retainer$120,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 15,000 / 15,000
Stock ownership guideline$4
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$365,764
Equity awards (grant-date value)$925,462
All other compensation$1
Total cost of the board$1,291,227

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1AirJoule Technologies2025Matthew Jore$400,000$1,486,886$0$240,000$2,134,732

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.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Patrick EilersDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation”. As printed: 5,693,556. Filing ↗machine: r6 · c29 · span 347601–347610
2Section 01, Matthew JoreDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation”. As printed: 2,134,732. Filing ↗machine: r2 · c29 · span 304288–304297
3Section 01, Stephen PangDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation”. As printed: 1,153,068. Filing ↗machine: r4 · c29 · span 325942–325951
4Section 03, Patrick Eilers RSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
5Section 03, Patrick Eilers PSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
6Section 03, Matthew Jore PSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Matthew Jore RSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 03, Stephen Pang PSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
9Section 03, Stephen Pang RSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
10Section 07, pay ratio10-K2026-03-310001193125-26-133335Section “CEO Pay Ratio”. As printed: —. Filing ↗
11Section 08, Marwa ZaatariDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 177,230. Filing ↗machine: span 761181–761188
12Section 08, Max S. BaucusDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 177,230. Filing ↗machine: span 732955–732962
13Section 08, Thomas E. MurphyDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 166,452. Filing ↗machine: span 747225–747232
14Section 08, Stuart D. PorterDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 163,987. Filing ↗machine: span 751824–751831
15Section 08, Ajay AgrawalDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 163,987. Filing ↗machine: span 728359–728366
16Section 08, Denise B. SterlingDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 158,747. Filing ↗machine: span 756585–756592
17Section 08, Paul DabbarDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 143,026. Filing ↗machine: span 737709–737716
18Section 08, J. Kyle DerhamDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 140,568. Filing ↗machine: span 742466–742473
19Section 08, Matthew B. JoreDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 0. Filing ↗
20Section 08, Patrick C. EilersDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 0. Filing ↗
21Section 09b board cost (computed)ComputedcomputedCash 365,764 + equity 925,462 + all other 1 = 1,291,227, summed across the director compensation table rows.machine: formula: Σ = 1,291,227
22AirJoule Technologies (subject), Section 10b CEO totalDEF 14A2026-04-150001193125-26-157065CEO total compensation as printed in AirJoule Technologies's own proxy. As printed: 2,134,732. Filing ↗machine: r2 · c29 · span 304288–304297