Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-11-06

Brand Engagement Network (BNAI)

Fiscal year 2024 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.

$1,420,250
Paul Chang total, FY2024
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against BNAI
No companies currently name BNAI 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 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Paul Chang$420,000$250,250$750,000$0$0$0$0$1,420,250
Chief Executive Officer
Michael Zacharski345,865294,423000091,667731,995
former Chief Executive Officer
Bill Williams458,334150,00000000608,334
former Chief Financial Officer
James Richard Howard350,000150,25000000500,250
Chief Information and Data Officer
Tyler Luck167,160100,00012,84000024,786304,786
Chief Product Officer and former principal executive 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Paul Chang$1,420,250
Michael Zacharski731,995
Bill Williams608,334
James Richard Howard500,250
Tyler Luck304,786

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.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael ZacharskiRSU337,625$337,625
Bill WilliamsOption7,5028.11
05

Incentive-plan design — the Compensation Discussion & Analysis

To achieve our goals, we have designed our compensation and benefits program to attract, retain, incentivize and reward deeply talented and qualified executives who share its philosophy and desire to work towards achieving our goals. We believe our compensation program should promote our success and align executive incentives with the long-term interests of its stockholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Christopher GaertnerIndependent · Departed during FY$0$120,899$120,899
Jon LeibowitzIndependent · Audit · Nominating and Corporate Governance (Chair) · Special Litigation0116,278116,278
Janine GrassoIndependent · Audit · Departed during FY0113,967113,967
Thomas Morgan JrIndependent0107,036107,036
Bernard PuckettIndependent · Board Chair · Audit097,79497,794
Richard IsaacsIndependent · Audit (Chair) · Nominating and Corporate Governance · Special Litigation092,26992,269
Tyler LuckEmployee director0
Paul ChangEmployee director · Not standing for re-election0
Ruy CarrascoIndependent · Compensation · Newly elected
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$45,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline$135,000
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$0
Equity awards (grant-date value)$648,243
All other compensation$0
Total cost of the board$648,243

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
1Brand Engagement Network2024Paul Chang$420,000$750,000$0$0$1,420,250

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, Paul ChangDEF 14A2025-11-060001493152-25-020967Section “Executive Compensation Tables” · page 41. As printed: 1,420,250. Filing ↗
2Section 01, Michael ZacharskiDEF 14A2025-11-060001493152-25-020967Section “Executive Compensation Tables” · page 41. As printed: 731,995. Filing ↗
3Section 01, Bill WilliamsDEF 14A2025-11-060001493152-25-020967Section “Executive Compensation Tables” · page 41. As printed: 608,334. Filing ↗
4Section 01, James Richard HowardDEF 14A2025-11-060001493152-25-020967Section “Executive Compensation Tables” · page 41. As printed: 500,250. Filing ↗
5Section 01, Tyler LuckDEF 14A2025-11-060001493152-25-020967Section “Executive Compensation Tables” · page 41. As printed: 304,786. Filing ↗
6Section 08, Christopher GaertnerDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 120,899. Filing ↗machine: span 385903–385910
7Section 08, Jon LeibowitzDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 116,278. Filing ↗machine: span 385342–385349
8Section 08, Janine GrassoDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 113,967. Filing ↗machine: span 384354–384361
9Section 08, Thomas Morgan JrDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 107,036. Filing ↗machine: span 386471–386478
10Section 08, Bernard PuckettDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 97,794. Filing ↗machine: span 387025–387031
11Section 08, Richard IsaacsDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 92,269. Filing ↗machine: span 384781–384787
12Section 08, Tyler LuckDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Paul ChangDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: 0. Filing ↗
14Section 08, Ruy CarrascoDEF 14A2025-11-060001493152-25-020967Section “Director Compensation”. As printed: —. Filing ↗
15Section 09b board cost (computed)ComputedcomputedCash 0 + equity 648,243 + all other 0 = 648,243, summed across the director compensation table rows.machine: formula: Σ = 648,243
16Brand Engagement Network (subject), Section 10b CEO totalDEF 14A2025-11-060001493152-25-020967CEO total compensation as printed in Brand Engagement Network's own proxy. As printed: 1,420,250. Filing ↗