Velarion · Company Intelligence
Compensation Brief
Fiscal year 2022 · Filings through 2026-04-30

Black Knight (BKI)

Fiscal year 2022 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.

$50,175,251
Anthony Jabbour total, FY2022
Executive Chairmanhighest-paid officer; CEO Joseph Nackashi: $8,345,320
15th
CEO (Joseph Nackashi) pay percentile vs peers
85:1
CEO-to-median pay ratio
32.64%
Say-on-pay support, latest vote
Companies that benchmark against BKI
3 companies name BKI as a compensation peer

Each company listed discloses BKI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BKI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2022

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Anthony Jabbour$600,000$40,898,457$7,500,015$0$602,145$0$574,634$50,175,251
Executive Chairman
Joseph Nackashi694,521673,0726,000,0970752,6810224,9498,345,320
Chief Executive Officer
Kirk Larsen528,767387,0163,875,0690432,792079,4845,303,128
President and Chief Financial Officer
Michael Gravelle148,00066,409750,030074,265011,1001,049,804
Executive Vice President and General Counsel
Michele Meyers57,115000008,83765,952
Former Chief Accounting Officer and Treasurer

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 officerFY2022 totalFY2021 totalFY2020 totalΔ FY20212022
Anthony Jabbour$50,175,251$11,562,556$16,061,435+38,612,695
Joseph Nackashi8,345,3205,862,5458,103,474+2,482,775
Kirk Larsen5,303,1284,421,5605,911,877+881,568
Michael Gravelle1,049,8041,108,3101,040,501−58,506
Michele Meyers65,952968,889−902,937

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 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael GravelleRSA2022-03-1013,117$750,030
Joseph NackashiRSA2022-03-1061,2113,500,045
Anthony JabbourRSA2022-03-10131,1657,500,015
Joseph NackashiRSA2022-05-1635,7612,500,052
Kirk LarsenRSA2022-05-1612,517875,063
Kirk LarsenRSA2022-03-1052,4663,000,006
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 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Joseph NackashiPSU61,211$3,779,779
Kirk LarsenPSU52,4663,239,776
Kirk LarsenPSU3,003185,435
Michael GravellePSU13,117809,975
Anthony JabbourPSU15,574961,695
Anthony JabbourRSU1,33082,128
Joseph NackashiPSU13,349824,301
Kirk LarsenPSU12,517772,925
Joseph NackashiPSU26,3161,625,013
Kirk LarsenRSU42626,306
Anthony JabbourPSU87,4435,399,605
Kirk LarsenPSU5,921365,622
Joseph NackashiPSU35,7612,208,242
Joseph NackashiRSU63839,397
Anthony JabbourPSU30,7021,895,849
05

Incentive-plan design — the Compensation Discussion & Analysis

Black Knight designs its executive compensation programs to link a significant portion of each NEO's total compensation to pre-defined performance goals, with a substantial majority of pay tied to at-risk, performance-based incentives. The committee seeks to set total compensation at competitive levels (targeting the 50th percentile of the market, with the opportunity to achieve the 75th percentile or higher for superior performance) to attract, motivate, and retain highly qualified executives while discouraging excessive risk-taking and aligning executives' interests with long-term shareholder value creation.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantMercer
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-07-1234,220,36969,716,988913,90232.64%Failed
20212021-06-16119,967,01613,788,450317,91989.48%Passed
20202020-06-10121,881,64111,332,827342,77691.26%Passed
20192019-06-1267,610,73958,175,0472,610,98152.66%Passed
20182018-06-13119,953,1076,989,464250,31994.49%Passed
20162016-06-15148,804,22123,15554,06899.95%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 yearMeeting dateApproval — company's computation
20232023-07-1232.64%a
20212021-06-1689.48%b
20202020-06-1091.26%c

a. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against this proposal and broker non-votes will have no effect.”.

c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against this proposal and broker non-votes will have no effect.”.

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)85 : 1
CEO total compensation$8,400,799
Median employee compensation$98,734
08

Director compensation — fiscal year 2022

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas M. HagertyIndependent · Lead Independent Director · Compensation (Chair) · Corporate Governance and Nominating · Not standing for re-election$0$367,003
David K. HuntIndependent · Corporate Governance and Nominating (Chair) · Compensation · Risk0353,003
John D. RoodIndependent · Audit · Risk (Chair)0351,003
Joseph M. OttingIndependent · Lead Independent Director · Audit (Chair)0340,003
Nancy L. ShanikIndependent · Audit0330,003
Catherine L. BurkeIndependent · Corporate Governance and Nominating0316,003
Ganesh B. RaoIndependent · Risk0316,003
Anthony M. JabbourEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$225,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)40,000 / 21,000 / 21,000
Stock ownership guideline5x annual cash retainer
09b

Total cost of the board

ComponentFY2022
Cash retainers and fees$0
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$0

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

10

Disclosed peer group — fiscal year 2022

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 Black Knight 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 Black Knight.

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
1CoStar Group, Inc.2025Andrew Florance$1,000,000$28,318,400$3,425,382$3,000,000$36,431,936
2Fair Isaac Corporation2025William Lansing750,00034,091,86001,100,00036,045,267
3MSCI Inc.2025Henry A. Fernandez1,000,0004,380,02425,220,3041,346,95033,320,590
4ANSYS, Inc.2024Ajei Gopal850,00029,379,50702,550,00032,810,655
5The Trade Desk, Inc.2025Jeff Green1,350,00011,589,47111,590,8642,804,77527,431,583
6PTC Inc.2025Neil Barua800,00021,720,45601,620,00024,315,129
7Paycom Software, Inc.2025Chad Richison858,88018,386,22601,730,56022,837,152
8Transunion2025Christopher Cartwright1,058,25012,665,1492,852,44716,731,398
9Verisk Analytics, Inc.2025Lee Shavel1,000,0008,800,0862,199,8811,500,00013,540,847
10WEX Inc.2024Melissa Smith955,76910,529,3400966,71312,594,328
11Tyler Technologies, Inc.2025H. Lynn Moore, Jr.675,0008,173,649008,858,370
12Black Knight2022Joseph Nackashi694,5216,000,0970752,6818,345,320
13Jack Henry & Associates, Inc.2025Gregory Adelson750,0005,306,7490938,9067,016,992
14Envestnet, Inc.2023William Crager650,0003,520,568004,880,843
Ceridian HCM Holding, 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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Black Knight50.2%Performance-based Restricted Stock 100NoMercer
ANSYS, Inc.200.0%RSU 100not disclosedCompensia
Ceridian HCM Holding, Inc.not disclosednot disclosednot disclosednot disclosed
CoStar Group, Inc.200%RSU 45 · PSU 40 · Options 15NoWillis Towers Watson
Envestnet, Inc.100%PSU 50 · RSU 50Yes — Relative TSR vs. Russell 2000 Index constituentsWillis Towers Watson US LLC
Fair Isaac Corporation147%PSU 33 · RSU 33 · Other 33NoCompensia, Inc.
Jack Henry & Associates, Inc.not disclosedPSU 60 · RSU 40NoMeridian Compensation Partners, LLC
MSCI Inc.96.21%PSO 70 · PSU 30Yes — Absolute TSR CAGRSemler Brossy
Paycom Software, Inc.200%PSU 50 · RSU 50NoMeridian Compensation Partners, LLC
PTC Inc.135%PSU 60 · RSU 40Yes — Three Year Relative TSRPearl Meyer & Partners, LLC
The Trade Desk, Inc.not disclosedRSU 50 · Options 50not disclosedCompensia, Inc.
Transunion154.0%RSU 50 · PSU 50Yes — Relative TSRFW Cook
Tyler Technologies, Inc.120%PSU 80 · RSU 20NoRadford
Verisk Analytics, Inc.100%PSU 60 · RSU 20 · Options 20Yes — Relative TSR versus S&P 500 Index constituentsFW Cook
WEX Inc.66.1%PSU 65 · MSU 35NoCompensation Advisory Partners LLC

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.

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, Anthony JabbourDEF 14A2023-05-260001104659-23-065012Section “Summary Compensation Table”. As printed: 50,175,251. Filing ↗machine: t212 · r4 · c7 · span 700037–700047
2Section 01, Joseph NackashiDEF 14A2023-05-260001104659-23-065012Section “Summary Compensation Table”. As printed: 8,345,320. Filing ↗machine: t212 · r7 · c7 · span 707640–707649
3Section 01, Kirk LarsenDEF 14A2023-05-260001104659-23-065012Section “Summary Compensation Table”. As printed: 5,303,128. Filing ↗machine: t212 · r10 · c7 · span 715253–715262
4Section 01, Michael GravelleDEF 14A2023-05-260001104659-23-065012Section “Summary Compensation Table”. As printed: 1,049,804. Filing ↗machine: t212 · r13 · c7 · span 722871–722880
5Section 01, Michele MeyersDEF 14A2023-05-260001104659-23-065012Section “Summary Compensation Table”. As printed: 65,952. Filing ↗machine: t212 · r16 · c7 · span 730489–730495
6Section 03, Michael Gravelle RSADEF 14A2023-05-260001104659-23-065012Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t229 · r18 · c4 · span 848293–848299
7Section 03, Joseph Nackashi RSADEF 14A2023-05-260001104659-23-065012Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t229 · r10 · c4 · span 834896–834902
8Section 03, Anthony Jabbour RSADEF 14A2023-05-260001104659-23-065012Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t212 · r4 · c4 · span 699090–699099
9Section 03, Joseph Nackashi RSADEF 14A2023-05-260001104659-23-065012Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t229 · r11 · c2 · span 836067–836073
10Section 03, Kirk Larsen RSADEF 14A2023-05-260001104659-23-065012Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t229 · r15 · c2 · span 842734–842740
11Section 03, Kirk Larsen RSADEF 14A2023-05-260001104659-23-065012Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t229 · r14 · c4 · span 841563–841569
12Section 07, pay ratioDEF 14A2023-05-260001104659-23-065012Section “CEO Pay Ratio”. As printed: 85 : 1. Filing ↗machine: span 9878–9880
13Section 08, Thomas M. HagertyDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 367,003. Filing ↗machine: t300 · r4 · c4 · span 1192201–1192203
14Section 08, David K. HuntDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 353,003. Filing ↗machine: t300 · r6 · c4 · span 1194120–1194122
15Section 08, John D. RoodDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 351,003. Filing ↗machine: t300 · r12 · c4 · span 1199878–1199880
16Section 08, Joseph M. OttingDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 340,003. Filing ↗machine: t300 · r8 · c4 · span 1196042–1196044
17Section 08, Nancy L. ShanikDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 330,003. Filing ↗machine: t300 · r14 · c4 · span 1201799–1201801
18Section 08, Catherine L. BurkeDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 316,003. Filing ↗machine: t300 · r2 · c4 · span 1190278–1190280
19Section 08, Ganesh B. RaoDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 316,003. Filing ↗machine: t300 · r10 · c4 · span 1197960–1197962
20Section 08, Anthony M. JabbourDEF 14A2023-05-260001104659-23-065012Section “Director Compensation”. As printed: 0. Filing ↗
21Section 06, 2023 voteForm 8-K2023-07-130001627014-23-000032Item 5.07 · say-on-pay result. As reported: 32.64% (votes for as printed: 34,220,369). Filing ↗
22Section 06, 2021 voteForm 8-K2021-06-170001627014-21-000020Item 5.07 · say-on-pay result. As reported: 89.48% (votes for as printed: 119,967,016). Filing ↗machine: span 40684–44178
23Section 06, 2020 voteForm 8-K2020-06-120001627014-20-000019Item 5.07 · say-on-pay result. As reported: 91.26%. Filing ↗
24Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
25Section 09b board cost (computed)ComputedcomputedCash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0
26CoStar Group, Inc., Section 10b CEO totalDEF 14A2026-04-300001193125-26-197205CEO total compensation as printed in CoStar Group, Inc.'s own proxy. As printed: 36,431,936. Filing ↗machine: t304 · r4 · c34 · span 1267602–1267613
27Fair Isaac Corporation, Section 10b CEO totalDEF 14A2026-01-270001193125-26-024403CEO total compensation as printed in Fair Isaac Corporation's own proxy. As printed: 36,045,267. Filing ↗machine: r3 · c35 · span 1413656–1413666
28MSCI Inc., Section 10b CEO totalDEF 14A2026-03-110001408198-26-000023CEO total compensation as printed in MSCI Inc.'s own proxy. As printed: 33,320,590. Filing ↗machine: r2 · c24 · span 1659848–1659858
29ANSYS, Inc., Section 10b CEO totalDEF 14A2025-04-290001104659-25-041176CEO total compensation as printed in ANSYS, Inc.'s own proxy. As printed: 32,810,655. Filing ↗machine: span 1192289–1192299
30The Trade Desk, Inc., Section 10b CEO totalDEF 14A2026-04-090001671933-26-000034CEO total compensation as printed in The Trade Desk, Inc.'s own proxy. As printed: 27,431,583. Filing ↗machine: r2 · c54 · span 418098–418108
31PTC Inc., Section 10b CEO totalDEF 14A2025-12-230001104659-25-124170CEO total compensation as printed in PTC Inc.'s own proxy. As printed: 24,315,129. Filing ↗machine: span 1634675–1634685
32Paycom Software, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140064CEO total compensation as printed in Paycom Software, Inc.'s own proxy. As printed: 22,837,152. Filing ↗machine: r3 · c32 · span 673559–673569
33Transunion, Section 10b CEO totalDEF 14A2026-03-240001193125-26-121876CEO total compensation as printed in Transunion's own proxy. As printed: 16,731,398. Filing ↗machine: r3 · c34 · span 858177–858187
34Verisk Analytics, Inc., Section 10b CEO totalDEF 14A2026-04-030001193125-26-141398CEO total compensation as printed in Verisk Analytics, Inc.'s own proxy. As printed: 13,540,847. Filing ↗machine: r3 · c28 · span 887453–887463
35WEX Inc., Section 10b CEO totalDEF 14A2025-04-170001309108-25-000073CEO total compensation as printed in WEX Inc.'s own proxy. As printed: 12,594,328. Filing ↗machine: span 840532–840542
36Tyler Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-230000860731-26-000022CEO total compensation as printed in Tyler Technologies, Inc.'s own proxy. As printed: 8,858,370. Filing ↗machine: t205 · r9 · c16 · span 1010313–1010322
37Black Knight (subject), Section 10b CEO totalDEF 14A2023-05-260001104659-23-065012CEO total compensation as printed in Black Knight's own proxy. As printed: 8,345,320. Filing ↗machine: t212 · r7 · c7 · span 707640–707649
38Jack Henry & Associates, Inc., Section 10b CEO totalDEF 14A2025-10-020000779152-25-000079CEO total compensation as printed in Jack Henry & Associates, Inc.'s own proxy. As printed: 7,016,992. Filing ↗machine: r6 · c24 · span 564431–564440
39Envestnet, Inc., Section 10b CEO totalDEF 14A2024-04-050001104659-24-044267CEO total compensation as printed in Envestnet, Inc.'s own proxy. As printed: 4,880,843. Filing ↗machine: r1 · c48 · span 863945–863954
40Section 10a, MSCI Inc. reciprocityDEF 14A0001408198-26-000023MSCI Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
41Section 10a, Verisk Analytics, Inc. reciprocityDEF 14A0001193125-26-141398Verisk Analytics, Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
42Section 10a, CoStar Group, Inc. reciprocityDEF 14A0001193125-26-197205CoStar Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
43Section 10a, WEX Inc. reciprocityDEF 14A0001309108-25-000073WEX Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
44Section 10a, Envestnet, Inc. reciprocityDEF 14A0001104659-24-044267Envestnet, Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
45Section 10a, Transunion reciprocityDEF 14A0001193125-24-073865Transunion's most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
46Section 10a, Paycom Software, Inc. reciprocityDEF 14A0001193125-26-140064Paycom Software, Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
47Section 10a, Tyler Technologies, Inc. reciprocityDEF 14A0000860731-26-000022Tyler Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
48Section 10a, The Trade Desk, Inc. reciprocityDEF 14A0001671933-26-000034The Trade Desk, Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
49Section 10a, ANSYS, Inc. reciprocityDEF 14A0001104659-25-041176ANSYS, Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗
50Section 10a, PTC Inc. reciprocityDEF 14A0001104659-25-124170PTC Inc.'s most recent proxy was read; its disclosed peer group does not include Black Knight. Filing ↗