Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-01

AirJoule Technologies (AIRJ)

CEO Matthew Jore was paid $2,134,732 in fiscal year 2025, ↑ up 38.0% from fiscal year 2024 (SEC filing 0001193125-26-157065 ↗): 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 Chairman — highest-paid officer; CEO Matthew Jore: $2,134,732
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CEO (Matthew Jore) pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Matthew Jore (Chief Executive Officer), FY2025 total compensation $2,134,732 (base salary $400,000) [exec_comp, SEC accession 0001193125-26-157065, filed 2026-04-15]

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AIRJ's next annual pay disclosure, estimated April 14, 2027.est. Filing ↗

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 FY2024→2025
Patrick Eilers$5,693,556$825,345—↑ +4,868,211
Matthew Jore2,134,7321,547,461240,000↑ +587,271
Stephen Pang1,153,0681,424,232—↓ −271,164

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

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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.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Ajay AgrawalIndependent Director$163,987
Denise B. SterlingIndependent Director$158,747
J. Kyle DerhamFormer director (through FY2025)$140,568
Marwa ZaatariIndependent Director$177,230
Max S. BaucusIndependent Director$177,230
Paul DabbarFormer director (through FY2025)$143,026
Stuart D. PorterLead Independent Director$163,987
Thomas E. MurphyIndependent Director$166,452
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 EilersPSU2025-02-12——368,112——
Matthew JoreRSU2025-02-12——90,405——
Stephen PangPSU2025-02-12——13,937——
Stephen PangRSU2025-02-12——52,736——
Patrick EilersRSU2025-02-12——37,669——
Matthew JorePSU2025-02-12——55,748——
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
Stephen PangOption111,09210.23—
Patrick EilersRSU37,669—148,416
Matthew JoreRSU90,405—356,196
Stephen PangRSU52,736—207,780
Stephen PangRSU50,625—199,463
Patrick EilersPSU184,056—725,181
Patrick EilersPSU74,620—294,001
Matthew JoreRSU37,500—147,750
Matthew JorePSU27,874—109,824
Stephen PangPSU6,969—27,456
Stephen PangRSU18,750—73,875
Patrick EilersRSU18,750—73,875
Matthew JorePSU11,301—44,524
Stephen PangPSU2,825—11,131
Matthew JoreOption82,29010.23—
Stephen PangOption41,14510.23—
Patrick EilersOption41,14510.23—
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)NaN%
CEO LTI target (% of salary)—
Independent consultant—
Clawback policyThe Company maintains a Compensation Recovery Policy in compliance with SEC Dodd-Frank rules and Nasdaq listing standards, requiring recovery of erroneously awarded incentive-based compensation in the event of an accounting restatement.
Anti-hedgingCovered Individuals may not directly or indirectly engage in transactions intended to hedge or offset the market value of Company securities owned by them.
Anti-pledgingThe policy does not allow pledging of Company securities as collateral for a loan or holding Company securities in margin accounts, unless done in accordance with the pledging policy. Any proposed pledge must receive pre-clearance from the Chief Legal Officer and must not exceed 15% of the requesting party's holdings.
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-28—————
20252025-05-29—————

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 yearMeeting dateApproval — company's computation
20262026-05-28—a
20252025-05-29—b

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

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.

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 · Compensation (Chair) · Nominating/Governance$66,484$110,746———$177,230
Max S. BaucusIndependent · Compensation · Nominating/Governance · Not standing for re-election66,484110,746———177,230
Thomas E. MurphyIndependent · Audit (Chair) · Nominating/Governance · Newly elected35,959130,493———166,452
Ajay AgrawalIndependent · Audit53,241110,746———163,987
Stuart D. PorterIndependent · Lead Independent Director · Nominating/Governance (Chair)53,241110,746———163,987
Denise B. SterlingIndependent · Audit · Compensation · Newly elected28,253130,493———158,747
Paul DabbarIndependent · Departed during FY32,280110,746———143,026
J. Kyle DerhamIndependent · Departed during FY29,822110,746———140,568
Patrick C. EilersEmployee director · Board Chair—————0
Matthew B. JoreEmployee director—————0
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$220,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$365,764
Equity awards (grant-date value)$925,462
All other compensation$0
Total cost of the board$1,291,226

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.

10d

Frequently asked questions

Who was the highest-paid executive at AirJoule Technologies in fiscal 2025?
As disclosed, Patrick Eilers (Executive Chairman) was the highest-paid executive at AirJoule Technologies in fiscal 2025, with total compensation of $5,693,556.
How much does AirJoule Technologies spend in total on board compensation for fiscal 2025?
As disclosed, AirJoule Technologies reported total board compensation of $1,291,226 for fiscal 2025.

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.

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 PSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
5Section 03, Matthew Jore RSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
6Section 03, Stephen Pang PSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Stephen Pang RSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 03, Patrick Eilers RSUDEF 14A2026-04-150001193125-26-157065Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
9Section 03, Matthew Jore PSUDEF 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 760990–761199
12Section 08, Max S. BaucusDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 177,230. Filing ↗machine: span 732764–732973
13Section 08, Thomas E. MurphyDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 166,452. Filing ↗machine: span 747034–747243
14Section 08, Ajay AgrawalDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 163,987. Filing ↗machine: span 728168–728377
15Section 08, Stuart D. PorterDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 163,987. Filing ↗machine: span 751633–751842
16Section 08, Denise B. SterlingDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 158,747. Filing ↗machine: span 756394–756603
17Section 08, Paul DabbarDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 143,026. Filing ↗machine: span 737518–737727
18Section 08, J. Kyle DerhamDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 140,568. Filing ↗machine: span 742275–742484
19Section 08, Patrick C. EilersDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 0. Filing ↗
20Section 08, Matthew B. JoreDEF 14A2026-04-150001193125-26-157065Section “Director Compensation”. As printed: 0. Filing ↗
21Section 06, 2026 voteForm 8-K2026-06-010001193125-26-249857Item 5.07 · say-on-pay result. As reported: —. Filing ↗
22Section 06, 2025 voteForm 8-K2025-05-290000950170-25-078912Item 5.07 · say-on-pay result. As reported: —. Filing ↗
23Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
24Section 09b board cost (computed)Computed——Cash 365,764 + equity 925,462 + all other 0 = 1,291,226, summed across the director compensation table rows.machine: formula: Σ = 1,291,226
25AirJoule 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

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