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.
Each company listed discloses BLZE 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 BLZE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Gleb Budman | $550,000 | $0 | $2,113,504 | $0 | $0 | $0 | $10,500 | $2,674,004 |
| Chief Executive Officer and Chairperson | ||||||||
| Marc Suidan | 453,125 | 0 | 154,701 | 0 | 0 | 0 | 10,500 | 618,326 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Gleb Budman | $2,674,004 | — | $467,215 | — |
| Marc Suidan | 618,326 | 2,184,586 | — | −1,566,260 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Marc Suidan | Chief Financial Officer | 2026-05-14 | D | 2,555 | $7 | $18,575 | Common | Form 4 ↗ |
| Gleb Budman | Director | 2026-05-14 | D | 3,833 | 7 | 27,866 | Common | Form 4 ↗ |
| Marc Suidan | Chief Financial Officer | 2026-05-19 | D | 18,000 | 7 | 133,740 | Common | Form 4 ↗ |
| Marc Suidan | Chief Financial Officer | 2026-05-19 | A | 2,500 | 4 | 9,200 | Common | Form 4 ↗ |
| Marc Suidan | Chief Financial Officer | 2026-05-19 | D | 269 | 7 | 1,999 | Common | Form 4 ↗ |
| Gleb Budman | Director | 2026-05-20 | D | 18,000 | 7 | 133,740 | Common | Form 4 ↗ |
| Gleb Budman | Director | 2026-05-20 | D | 13,256 | 7 | 98,492 | Common | Form 4 ↗ |
| Gleb Budman | Director | 2026-05-20 | D | 18,000 | 7 | 133,740 | Common | Form 4 ↗ |
| Gleb Budman | Director | 2026-05-20 | D | 13,177 | 7 | 97,905 | Common | Form 4 ↗ |
| Barbara Nelson | Director | 2026-05-26 | A | 19,306 | 0 | 0 | Common | Form 4 ↗ |
| Miller Jocelyn Carter | Director | 2026-05-26 | A | 19,306 | 0 | 0 | Common | Form 4 ↗ |
| An Evelyn D | Director | 2026-05-26 | A | 19,306 | 0 | 0 | Common | Form 4 ↗ |
| Earl E. Fry | Director | 2026-05-26 | A | 19,306 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Marc Suidan | RSU | — | — | — | — | — | $154,701 |
| Gleb Budman | RSU | — | — | — | — | — | 2,113,504 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Marc Suidan | $154,701 | $0 | $0 | 0.0% |
| Gleb Budman | 2,113,504 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Gleb Budman | RSU | 163,059 | — | $1,893,117 |
| Marc Suidan | RSU | 206,250 | — | 961,125 |
The base salaries of all of our named executive officers are reviewed at least annually and adjusted when our Compensation Committee (or Board) determines an adjustment is appropriate.
| CEO STI target (% of salary) | 75% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jocelyn Carter-MillerIndependent · Lead Independent Director · Audit · Compensation (Chair) · Nominating and Corporate Governance | $76,000 | $150,000 | $0 | — | $0 | $226,000 |
| Evelyn D'AnIndependent · Audit (Chair) · Compensation | 61,000 | 150,000 | 0 | — | 0 | 211,000 |
| Earl E. FryIndependent · Audit · Compensation · Nominating and Corporate Governance | 55,000 | 150,000 | 0 | — | 0 | 205,000 |
| Barbara NelsonIndependent · Audit · Nominating and Corporate Governance (Chair) | 53,000 | 150,000 | 0 | — | 0 | 203,000 |
| Gleb BudmanEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $35,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 12,000 / 8,000 |
| Stock ownership guideline | 5x annual cash retainer |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $245,000 |
| Equity awards (grant-date value) | $600,000 |
| All other compensation | $0 |
| Total cost of the board | $845,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Backblaze | 2025 | Gleb Budman | $550,000 | $2,113,504 | $0 | $0 | $2,674,004 |
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Gleb Budman | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Summary Compensation Table”. As printed: 2,674,004. Filing ↗machine: t82 · r2 · c18 · span 335635–335644 |
| 2 | Section 01, Marc Suidan | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Summary Compensation Table”. As printed: 618,326. Filing ↗machine: t82 · r5 · c18 · span 345831–345838 |
| 3 | Section 03, Marc Suidan RSU | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t82 · r5 · c12 · span 344819–344826 |
| 4 | Section 03, Gleb Budman RSU | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t82 · r2 · c12 · span 334500–334509 |
| 5 | Section 07, pay ratio | 10-K | 2026-03-10 | 0001628280-26-016395 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 6 | Section 08, Jocelyn Carter-Miller | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Director Compensation”. As printed: 226,000. Filing ↗machine: t77 · r2 · c15 · span 285846–285853 |
| 7 | Section 08, Evelyn D'An | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Director Compensation”. As printed: 211,000. Filing ↗machine: t77 · r4 · c15 · span 291661–291668 |
| 8 | Section 08, Earl E. Fry | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Director Compensation”. As printed: 205,000. Filing ↗machine: t77 · r5 · c15 · span 294196–294203 |
| 9 | Section 08, Barbara Nelson | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Director Compensation”. As printed: 203,000. Filing ↗machine: t77 · r3 · c15 · span 288521–288528 |
| 10 | Section 08, Gleb Budman | DEF 14A | 2026-04-15 | 0001140361-26-014778 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 02, Marc Suidan 2026-05-14 | Form 4 | 2026-05-18 | 0001628280-26-035906 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 12 | Section 02, Gleb Budman 2026-05-14 | Form 4 | 2026-05-18 | 0001628280-26-035908 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 13 | Section 02, Marc Suidan 2026-05-19 | Form 4 | 2026-05-21 | 0001628280-26-037500 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 14 | Section 02, Marc Suidan 2026-05-19 | Form 4 | 2026-05-21 | 0001628280-26-037500 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Marc Suidan 2026-05-19 | Form 4 | 2026-05-21 | 0001628280-26-037500 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, Gleb Budman 2026-05-20 | Form 4 | 2026-05-26 | 0001628280-26-038269 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Gleb Budman 2026-05-20 | Form 4 | 2026-05-21 | 0001628280-26-037510 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Gleb Budman 2026-05-20 | Form 4 | 2026-05-21 | 0001628280-26-037510 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Gleb Budman 2026-05-20 | Form 4 | 2026-05-26 | 0001628280-26-038269 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Barbara Nelson 2026-05-26 | Form 4 | 2026-06-01 | 0001628280-26-039496 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Miller Jocelyn Carter 2026-05-26 | Form 4 | 2026-06-01 | 0001628280-26-039495 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, An Evelyn D 2026-05-26 | Form 4 | 2026-06-01 | 0001628280-26-039493 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Earl E. Fry 2026-05-26 | Form 4 | 2026-06-01 | 0001628280-26-039494 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 25 | Section 03b vehicle mix (computed) | 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 |
| 26 | Section 09b board cost (computed) | Computed | — | computed | Cash 245,000 + equity 600,000 + all other 0 = 845,000, summed across the director compensation table rows.machine: formula: Σ = 845,000 |
| 27 | Backblaze (subject), Section 10b CEO total | DEF 14A | 2026-04-15 | 0001140361-26-014778 | CEO total compensation as printed in Backblaze's own proxy. As printed: 2,674,004. Filing ↗machine: t82 · r2 · c18 · span 335635–335644 |