CEO Dinakar Munagala was paid $4,394,285 in fiscal year 2024, ↑ up 168.4% from fiscal year 2023 (SEC filing 0001193125-25-243771 ↗): 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.
$4,394,285 ↑ Dinakar Munagala total, FY2024 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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BZAI's next annual pay disclosure, estimated October 20, 2026.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Dinakar Munagala | $595,833 | $0 | $0 | $3,798,428 | $0 | $0 | $24 | $4,394,285 |
| Chief Executive Officer | ||||||||
| Val Cook | 397,570 | 0 | 0 | 781,714 | 0 | 0 | 24 | 1,179,308 |
| Chief Software Architect | ||||||||
| Santiago Fernandez-Gomez | 447,917 | 0 | 0 | 730,817 | 0 | 0 | 24 | 1,178,758 |
| Vice President of Platform Engineering | ||||||||
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 | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Dinakar Munagala | $4,394,285 | $1,637,167 | — | ↑ +2,757,118 |
| Val Cook | 1,179,308 | 701,749 | — | ↑ +477,559 |
| Santiago Fernandez-Gomez | 1,178,758 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses BZAI 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 BZAI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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.
| Executive | Role | FY2024 total |
|---|---|---|
| Dinakar Munagala | CEO | $4,394,285 |
| Santiago Fernandez-Gomez | Executive | $1,178,758 |
| Val Cook | Chief Software Architect | $1,179,308 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2024 total |
|---|---|---|
| Anthony Cannestra | Independent Director | $318,472 |
| Edward Frank | Lead Independent Director | $318,472 |
| Juergen Hambrecht | Independent Director | $318,472 |
| Lane M. Bess | Chair of the Board | $242,571 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Dinakar Munagala | RSU | 2,197,372 | — | $3,124,027 |
| Val Cook | RSU | 794,866 | — | 1,112,814 |
| Santiago Fernandez-Gomez | RSU | 654,484 | — | 916,278 |
| Dinakar Munagala | Option | 7,379,065 | 0.92 | — |
| Val Cook | Option | 1,517,044 | 0.92 | — |
| Santiago Fernandez-Gomez | Option | 104 | 20.7 | — |
| Santiago Fernandez-Gomez | Option | 1,418,448 | 0.92 | — |
Blaize's compensation philosophy is not explicitly detailed in the provided text, but the company provides base salaries and eligibility for annual incentive bonuses to executive officers, and grants equity awards to non-employee directors to align interests with stockholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-12-03 | — | — | — | — | — |
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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-12-03 | —a |
a. 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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Juergen HambrechtIndependent | — | — | $318,472 | — | — | $318,472 |
| Edward FrankIndependent · Lead Independent Director · Audit · Compensation (Chair) | — | — | 318,472 | — | — | 318,472 |
| Anthony CannestraIndependent · Audit · Compensation | — | — | 318,472 | — | — | 318,472 |
| Lane M. BessNot independent · Board Chair | — | — | 242,571 | — | — | 242,571 |
| Dinakar MunagalaEmployee director | — | — | — | — | — | 0 |
| George de UriosteIndependent · Audit (Chair) · Compensation | — | — | — | — | — | — |
| Yoshiaki Fujimori | — | — | — | — | — | — |
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 24,000 / 20,000 |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| 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.
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 | Blaize Holdings | 2024 | Dinakar Munagala | $595,833 | $0 | $3,798,428 | $0 | $4,394,285 |
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.
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.
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, Dinakar Munagala | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Executive Compensation”. As printed: 4,394,285. Filing ↗machine: r2 · c29 · span 203219–203228 |
| 2 | Section 01, Val Cook | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Executive Compensation”. As printed: 1,179,308. Filing ↗machine: r5 · c29 · span 207619–207628 |
| 3 | Section 01, Santiago Fernandez-Gomez | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Executive Compensation”. As printed: 1,178,758. Filing ↗machine: r8 · c29 · span 212029–212038 |
| 4 | Section 08, Juergen Hambrecht | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Director Compensation”. As printed: 318,472. Filing ↗ |
| 5 | Section 08, Edward Frank | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Director Compensation”. As printed: 318,472. Filing ↗ |
| 6 | Section 08, Anthony Cannestra | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Director Compensation”. As printed: 318,472. Filing ↗ |
| 7 | Section 08, Lane M. Bess | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Director Compensation”. As printed: 242,571. Filing ↗ |
| 8 | Section 08, Dinakar Munagala | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 9 | Section 08, George de Urioste | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 10 | Section 08, Yoshiaki Fujimori | DEF 14A | 2025-10-20 | 0001193125-25-243771 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 11 | Section 06, 2025 vote | Form 8-K | 2025-12-04 | 0001871638-25-000008 | Item 5.07 · say-on-pay result. As reported: — (votes for as printed: 41,675,545). Filing ↗ |
| 12 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 13 | Section 09b board cost (computed) | Computed | — | — | Cash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0 |
| 14 | Blaize Holdings (subject), Section 10b CEO total | DEF 14A | 2025-10-20 | 0001193125-25-243771 | CEO total compensation as printed in Blaize Holdings's own proxy. As printed: 4,394,285. Filing ↗machine: r2 · c29 · span 203219–203228 |
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