Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-10-02

Anterix (ATEX)

CEO Scott Lang was paid $3,808,874 in fiscal year 2026, the 27th percentile of its disclosed peer group (SEC filing 0001304492-26-000029 ↗): 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.

$3,808,874
Scott Lang total, FY2026
27th
CEO pay percentile vs peers
16:1
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Scott Lang (President and CEO), FY2026 total compensation $3,808,874 (base salary $561,475) [exec_comp, SEC accession 0001304492-26-000029, filed 2026-06-25]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

ATEX's next annual pay disclosure, estimated June 25, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Scott Lang$561,475$0$0$2,999,987$236,912$0$10,500$3,808,874
President and CEO
Ryan Gerbrandt324,988000196,74501,414,9401,936,673
Chief Operating Officer
Christopher Guttman-McCabe503,329218,1090739,246157,941010,5001,629,125
Chief Regulatory and Communications Officer
Heather Martin234,0700749,997060,8580270,0001,314,925
Chief Marketing Officer and Chief of Staff

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 officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
Scott Lang$3,808,874———
Ryan Gerbrandt1,936,673—2,797,123—
Christopher Guttman-McCabe1,629,125—2,901,236—
Heather Martin1,314,925———

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

You have just read Anterix's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper ATEX reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

How we handle your data → Privacy

Companies that benchmark against ATEX
No companies currently name ATEX as a compensation peer in their most recent disclosure.

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

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2026 total
Christopher Guttman-McCabeExecutive$1,629,125
Heather MartinExecutive$1,314,925
Ryan GerbrandtCOO$1,936,673
Scott LangCEO$3,808,874
01c

Board of directors

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

DirectorRoleFY2026 total
Jeffrey A. AltmanIndependent Director$235,020
Leslie B. DanielsIndependent Director$253,520
Mahvash YazdiLead Independent Director$300,020
Mark A. FleischhauerIndependent Director$255,020
Thomas R. KuhnChair of the Board—
William E. HeardIndependent Director$235,020
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 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Christopher Guttman-McCabeOPTION2025-05-20——53,491—$739,246
Heather MartinRSU2025-09-09——34,578—749,997
Ryan GerbrandtOPTION2025-05-20——53,491—739,246
Scott LangOPTION2025-05-21——223,546—2,999,987
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christopher Guttman-McCabe$0$0$739,2460.0%
Heather Martin749,997000.0%
Ryan Gerbrandt00739,2460.0%
Scott Lang002,999,9870.0%

% 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 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Heather MartinRSU34,578—$1,320,534
Christopher Guttman-McCabeRSU3,361—128,357
Christopher Guttman-McCabeRSU3,164—120,833
Scott LangOption127,53830.99—
Scott LangOption223,54634.96—
Christopher Guttman-McCabeOption6,37849.39—
Christopher Guttman-McCabeOption20,00037.32—
Christopher Guttman-McCabeOption85,00033.56—
Christopher Guttman-McCabeOption45,17927.83—
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantWillis Towers Watson
Clawback policytrue
Anti-hedging—
Anti-pledging—
07

CEO pay ratio

Ratio (CEO : median employee)16 : 1
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mahvash YazdiIndependent · Lead Independent Director · Audit · Compensation (Chair) · Nominating/Governance$130,000$170,020$0——$300,020
Mark A. FleischhauerIndependent · Audit · Compensation · Nominating/Governance (Chair)85,000170,0200——255,020
Leslie B. DanielsIndependent · Audit (Chair) · Compensation · Nominating/Governance83,500170,0200——253,520
William E. HeardIndependent · Audit · Compensation · Nominating/Governance65,000170,0200——235,020
Jeffrey A. AltmanIndependent · Compensation65,000170,0200——235,020
Scott A. LangEmployee director · Compensation—————0
Thomas R. KuhnEmployee director · Board Chair · Audit · Compensation · Nominating/Governance—————0
09

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$170,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline3x annual cash retainer ($195,000)
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$428,500
Equity awards (grant-date value)$850,100
All other compensation$0
Total cost of the board$1,278,600

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

10

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Anterix names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Anterix.

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
1Ribbon Communications Inc.2025Bruce McClelland$750,000$16,370,820$0$225,188$17,457,675
2PagerDuty, Inc.2026Jennifer Tejada600,00014,219,7660347,76015,268,028
3Inseego Corp.2025Juho Sarvikas480,7694,578,3116,685,850011,988,776
4Rapid7, Inc.2025Corey Thomas545,0009,195,5760315,00010,058,576
5Cerence, Inc.2025Brian Krzanich590,7696,996,5380949,7078,544,306
6Bandwidth Inc.2025David Morken531,9706,986,470007,558,096
7A10 Networks, Inc.2025Dhrupad Trivedi697,9175,211,97301,056,8006,974,141
8Harmonic Inc.2025Nimrod Ben-Natan609,0004,927,5620570,0006,163,092
9Ooma, Inc.2026Eric Stang619,5513,852,8000500,0005,028,580
10Digi International Inc.2025Ronald Konezny583,8463,454,3240949,1795,002,124
11Aviat Networks, Inc.2026Peter Smith650,0003,559,2760196,5634,417,472
12Anterix2026Scott Lang561,47502,999,987236,9123,808,874
13Comtech Telecommunications Corp.2025Kenneth Traub663,8361,422,95301,000,0003,753,789
14NetScout Systems, Inc.2026Anil Singhal594,8251,346,2560999,9153,206,287
15Lantronix, Inc.2026Saleel Awsare500,0001,208,4880400,0002,115,193
16Clearfield, Inc.2025Cheryl Beranek460,000999,9860131,5111,613,404
—Shenandoah Telecommunications Company——————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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Anterixnot disclosednot disclosednot disclosedWillis Towers Watson
A10 Networks, Inc.not disclosedPSU 50 · RSU 50NoRadford-AON
Aviat Networks, Inc.not disclosedPSU 50 · RSU 50not disclosedCompensia
Bandwidth Inc.103.6%not disclosednot disclosedMeridian
Cerence, Inc.160.93%PSU 50 · RSU 50NoFW Cook
Clearfield, Inc.29%RSU 50 · PSU 50NoCompensia
Comtech Telecommunications Corp.150%not disclosedYes — Relative TSRnot disclosed
Digi International Inc.147%RSU 50 · PSU 50Yes — TSR vs Russell 2000 IndexRadford Consulting (AON)
Harmonic Inc.not disclosedRSU 60 · MSU 20 · PSU 20Yes — TSR relative to Nasdaq Telecommunications IndexExequity
Inseego Corp.not disclosednot disclosednot disclosednot disclosed
Lantronix, Inc.80%PSU 50 · RSU 50Yes — Relative TSRCompensation Strategies, Inc.
NetScout Systems, Inc.174.7%RSU 60 · PSU 40Yes — Relative Total Shareholder Return (rTSR) vs. Russell 2000 Indexnot disclosed
Ooma, Inc.80%RSU 100not disclosedCompensia Inc.
PagerDuty, Inc.58.0%PSU 50 · RSU 50NoCompensia, Inc.
Rapid7, Inc.50%RSU 50 · PSU 50NoCompensia
Ribbon Communications Inc.30%not disclosedYes — Relative TSRFW Cook
Shenandoah Telecommunications Companynot disclosednot disclosednot disclosednot disclosed

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.

10d

Frequently asked questions

Who was the highest-paid executive at Anterix in fiscal 2026?
As disclosed, Scott Lang (President and CEO) was the highest-paid executive at Anterix in fiscal 2026, with total compensation of $3,808,874.
How does Anterix's chief executive pay compare to its disclosed peer group?
As disclosed, Scott Lang's total compensation ranked at the 27th percentile of Anterix's disclosed peer group.
What is Anterix's CEO-to-median employee pay ratio?
As disclosed, Anterix's CEO-to-median employee pay ratio was 16:1.
How much does Anterix spend in total on board compensation for fiscal 2026?
As disclosed, Anterix reported total board compensation of $1,278,600 for fiscal 2026.

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, Scott LangDEF 14A2026-06-250001304492-26-000029Section “Summary Compensation Table” · page 42. As printed: 3,808,874. Filing ↗machine: span 673503–673512
2Section 01, Ryan GerbrandtDEF 14A2026-06-250001304492-26-000029Section “Summary Compensation Table” · page 42. As printed: 1,936,673. Filing ↗machine: span 693535–693544
3Section 01, Christopher Guttman-McCabeDEF 14A2026-06-250001304492-26-000029Section “Summary Compensation Table” · page 42. As printed: 1,629,125. Filing ↗machine: span 683695–683704
4Section 01, Heather MartinDEF 14A2026-06-250001304492-26-000029Section “Summary Compensation Table” · page 42. As printed: 1,314,925. Filing ↗machine: span 704000–704009
5Section 03, Christopher Guttman-McCabe OPTIONDEF 14A1900-01-010001304492-26-000029Section “2026 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 762987–762994
6Section 03, Heather Martin RSUDEF 14A1900-01-010001304492-26-000029Section “2026 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 774163–774170
7Section 03, Ryan Gerbrandt OPTIONDEF 14A1900-01-010001304492-26-000029Section “2026 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 785340–785347
8Section 03, Scott Lang OPTIONDEF 14A1900-01-010001304492-26-000029Section “2026 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 751846–751855
9Section 07, pay ratioDEF 14A2026-06-250001304492-26-000029Section “CEO Pay Ratio”. As printed: 16 : 1. Filing ↗
10Section 08, Mahvash YazdiDEF 14A2026-06-250001304492-26-000029Section “Director Compensation”. As printed: 300,020. Filing ↗machine: span 323183–323378
11Section 08, Mark A. FleischhauerDEF 14A2026-06-250001304492-26-000029Section “Director Compensation”. As printed: 255,020. Filing ↗machine: span 318065–318260
12Section 08, Leslie B. DanielsDEF 14A2026-06-250001304492-26-000029Section “Director Compensation”. As printed: 253,520. Filing ↗machine: span 315637–315832
13Section 08, William E. HeardDEF 14A2026-06-250001304492-26-000029Section “Director Compensation”. As printed: 235,020. Filing ↗machine: span 320489–320684
14Section 08, Jeffrey A. AltmanDEF 14A2026-06-250001304492-26-000029Section “Director Compensation”. As printed: 235,020. Filing ↗machine: span 313274–313469
15Section 08, Scott A. LangDEF 14A2026-06-250001304492-26-000029Section “Director Compensation”. As printed: 0. Filing ↗
16Section 08, Thomas R. KuhnDEF 14A2026-06-250001304492-26-000029Section “Director Compensation”. As printed: 0. Filing ↗
17Section 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).machine: formula: sums + PSU ratio
18Section 09b board cost (computed)Computed——Cash 428,500 + equity 850,100 + all other 0 = 1,278,600, summed across the director compensation table rows.machine: formula: Σ = 1,278,600
19Ribbon Communications Inc., Section 10b CEO totalDEF 14A2026-04-170001104659-26-044643CEO total compensation as printed in Ribbon Communications Inc.'s own proxy. As printed: 17,457,675. Filing ↗machine: t160 · r1 · c42 · span 1626864–1626874
20PagerDuty, Inc., Section 10b CEO totalDEF 14A2026-05-040001568100-26-000020CEO total compensation as printed in PagerDuty, Inc.'s own proxy. As printed: 15,268,028. Filing ↗machine: r4 · c45 · span 603528–603538
21Inseego Corp., Section 10b CEO totalDEF 14A2026-04-230001683168-26-003150CEO total compensation as printed in Inseego Corp.'s own proxy. As printed: 11,988,776. Filing ↗machine: r1 · c26 · span 232920–232930
22Rapid7, Inc., Section 10b CEO totalDEF 14A2026-04-220001560327-26-000019CEO total compensation as printed in Rapid7, Inc.'s own proxy. As printed: 10,058,576. Filing ↗machine: r2 · c42 · span 505425–505435
23Cerence, Inc., Section 10b CEO totalDEF 14A2026-01-020001628280-26-000012CEO total compensation as printed in Cerence, Inc.'s own proxy. As printed: 8,544,306. Filing ↗machine: r2 · c42 · span 627290–627299
24Bandwidth Inc., Section 10b CEO totalDEF 14A2026-04-140001514416-26-000027CEO total compensation as printed in Bandwidth Inc.'s own proxy. As printed: 7,558,096. Filing ↗machine: r2 · c42 · span 519644–519653
25A10 Networks, Inc., Section 10b CEO totalDEF 14A2026-03-100001140361-26-008793CEO total compensation as printed in A10 Networks, Inc.'s own proxy. As printed: 6,974,141. Filing ↗machine: r2 · c21 · span 490057–490066
26Harmonic Inc., Section 10b CEO totalDEF 14A2026-04-240001140361-26-016701CEO total compensation as printed in Harmonic Inc.'s own proxy. As printed: 6,163,092. Filing ↗machine: r3 · c19 · span 1385330–1385340
27Ooma, Inc., Section 10b CEO totalDEF 14A2026-04-150001193125-26-156970CEO total compensation as printed in Ooma, Inc.'s own proxy. As printed: 5,028,580. Filing ↗machine: t17 · r2 · c29 · span 845378–845387
28Digi International Inc., Section 10b CEO totalDEF 14A2025-12-170001104659-25-122033CEO total compensation as printed in Digi International Inc.'s own proxy. As printed: 5,002,124. Filing ↗machine: r1 · c6 · span 312252–312261
29Aviat Networks, Inc., Section 10b CEO totalDEF 14A2026-10-020001628280-26-064519CEO total compensation as printed in Aviat Networks, Inc.'s own proxy. As printed: 4,417,472. Filing ↗machine: r3 · c24 · span 439883–439892
30Anterix (subject), Section 10b CEO totalDEF 14A2026-06-250001304492-26-000029CEO total compensation as printed in Anterix's own proxy. As printed: 3,808,874. Filing ↗machine: span 673503–673512
31Comtech Telecommunications Corp., Section 10b CEO totalDEF 14A2026-01-300000023197-26-000017CEO total compensation as printed in Comtech Telecommunications Corp.'s own proxy. As printed: 3,753,789. Filing ↗machine: t120 · r4 · c7 · span 650720–650729
32NetScout Systems, Inc., Section 10b CEO totalDEF 14A2026-07-240001193125-26-316095CEO total compensation as printed in NetScout Systems, Inc.'s own proxy. As printed: 3,206,287. Filing ↗machine: r4 · c25 · span 2186913–2186922
33Lantronix, Inc., Section 10b CEO totalDEF 14A2026-09-220001140361-26-037329CEO total compensation as printed in Lantronix, Inc.'s own proxy. As printed: 2,115,193. Filing ↗machine: r2 · c24 · span 621598–621607
34Clearfield, Inc., Section 10b CEO totalDEF 14A2026-01-150001171843-26-000288CEO total compensation as printed in Clearfield, Inc.'s own proxy. As printed: 1,613,404. Filing ↗machine: t49 · r1 · c8 · span 425387–425396
35Section 10a, Harmonic Inc. reciprocityDEF 14A—0001140361-26-016701Harmonic Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
36Section 10a, Cerence, Inc. reciprocityDEF 14A—0001628280-26-000012Cerence, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
37Section 10a, Comtech Telecommunications Corp. reciprocityDEF 14A—0000023197-24-000125Comtech Telecommunications Corp.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
38Section 10a, NetScout Systems, Inc. reciprocityDEF 14A—0001193125-25-165434NetScout Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
39Section 10a, Clearfield, Inc. reciprocityDEF 14A—0001171843-26-000288Clearfield, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
40Section 10a, Lantronix, Inc. reciprocityDEF 14A—0001140361-26-037329Lantronix, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
41Section 10a, PagerDuty, Inc. reciprocityDEF 14A—0001568100-26-000020PagerDuty, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
42Section 10a, Ooma, Inc. reciprocityDEF 14A—0001193125-26-156970Ooma, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
43Section 10a, Bandwidth Inc. reciprocityDEF 14A—0001514416-26-000027Bandwidth Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
44Section 10a, Digi International Inc. reciprocityDEF 14A—0001104659-25-122033Digi International Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
45Section 10a, A10 Networks, Inc. reciprocityDEF 14A—0001140361-26-008793A10 Networks, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
46Section 10a, Ribbon Communications Inc. reciprocityDEF 14A—0001104659-26-044643Ribbon Communications Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
47Section 10a, Rapid7, Inc. reciprocityDEF 14A—0001560327-26-000019Rapid7, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗
48Section 10a, Aviat Networks, Inc. reciprocityDEF 14A—0001628280-26-064519Aviat Networks, Inc.'s most recent proxy was read; its disclosed peer group does not include Anterix. Filing ↗

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.