Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-11

CANTALOUPE, INC. (CANT)

CEO Ravi Venkatesan was paid $957,707 in fiscal year 2025, the 1st percentile of its disclosed peer group (SEC filing 0001628280-25-044777 ↗): 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.

$957,707
Ravi Venkatesan total, FY2025
1st
CEO pay percentile vs peers
12:1
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

CANT's next annual pay disclosure, estimated October 10, 2026.est. Filing ↗

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Companies that benchmark against CANT
1 company names CANT as a compensation peer

Each company listed discloses CANT 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 CANT 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 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ravi Venkatesan$300,000$450,000$172,238$0$0$0$35,469$957,707
Chief 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Ravi Venkatesan$957,707———

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 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Ravi VenkatesanPSU2024-09-20—26,745——$172,238
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Ravi Venkatesan$0$172,238$0100.0%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Ravi VenkatesanRSU52,684—$578,997
Ravi VenkatesanOption400,0003.48—
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy is designed to attract and retain key executives, reflect pay-for-performance, and align management's interests with the creation of long-term shareholder value by tying a significant portion of compensation to the achievement of performance goals and equity incentives.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantAon
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
07

CEO pay ratio

Ratio (CEO : median employee)12 : 1
CEO total compensation—
Median employee compensation$80,000
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Douglas G. BergeronIndependent · Board Chair · Compensation · Finance$85,000$100,000———$185,000
Shannon S. WarrenIndependent · Audit and Risk (Chair)75,000100,000———175,000
Ellen RicheyIndependent · Audit and Risk · Finance60,000100,000———160,000
Michael K. PassillaIndependent · Compensation (Chair)60,000100,000———160,000
Anne M. SmallingIndependent · Audit and Risk · Nominating and Corporate Governance (Chair)57,500100,000———157,500
Jacob LammIndependent · Nominating and Corporate Governance · Finance (Chair)57,500100,000———157,500
Lisa P. BairdIndependent · Compensation · Nominating and Corporate Governance50,000100,000———150,000
Ian HarrisIndependent · Finance · Compensation50,000100,000———150,000
Ravi VenkatesanEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$150,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 10,000 / 7,500
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$495,000
Equity awards (grant-date value)$800,000
All other compensation$0
Total cost of the board$1,295,000

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

10

Disclosed peer group — fiscal year 2025

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 CANTALOUPE, INC. 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 CANTALOUPE, INC..

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
1Bakkt Holdings, Inc.2025Akshay Naheta$77,800$8,046,648$27,092,620$0$35,217,068
2PAR Technology Corporation2025Savneet Singh645,00012,875,7020615,03414,164,778
3Flywire Corporation2025Michael Massaro450,0007,732,0550610,0008,803,495
4Repay Holdings Corporation2025John Morris500,0007,293,0000340,0008,143,500
5Priority Technology Holdings, Inc.2025Thomas Priore1,200,0002,996,498008,004,152
6AvidXchange Holdings, Inc.2024Michael Praeger520,1924,836,1082,099,998231,5257,701,587
7International Money Express, Inc.2024Robert Lisy1,000,0004,200,0000837,5006,042,098
8Cardlytics, Inc.2025Amit Gupta550,0023,996,0000166,1005,030,252
9CPI Card Group, Inc.2025John Lowe648,3652,611,9440520,0003,794,309
10PaySign, Inc.2025Mark Newcomer1,050,0001,398,000002,754,265
11Sezzle, Inc.2024Charles Youakim536,510463,920682,642540,7502,224,113
12Atlanticus Holding Corporation2025Jeffrey Howard850,000238,503002,099,003
13Cass Information Systems, Inc.2025Martin Resch683,675860,6260453,7002,046,984
14Usio, Inc.2025Louis Hoch878,846462,240001,371,589
15CANTALOUPE, INC.2025Ravi Venkatesan300,000172,23800957,707

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
CANTALOUPE, INC.not disclosednot disclosednot disclosedAon
Atlanticus Holding Corporationnot disclosedRSU 100not disclosednot disclosed
AvidXchange Holdings, Inc.44.1%RSU 70 · Option 30not disclosedCompensia, Inc.
Bakkt Holdings, Inc.not disclosednot disclosedNoMercer
Cardlytics, Inc.30%not disclosedNoMeridian Compensation Partners
Cass Information Systems, Inc.not disclosedPSU 60 · RSU 40NoPay Governance
CPI Card Group, Inc.80%RSU 67 · Cash LTI 33Yes — Relative TSRWillis Towers Watson
Flywire Corporation122%RSU 100not disclosedClearBridge Compensation Group LLC
International Money Express, Inc.not disclosedPSU 50 · RSA 25 · RSU 25NoFW Cook
PAR Technology Corporation95.4%RSU 50 · PSU 50Yes — Relative TSR compared to the Information Technology sector of the Russell 2000 Index companiesFW Cook
PaySign, Inc.not disclosednot disclosedNonot disclosed
Priority Technology Holdings, Inc.not disclosednot disclosedNonot disclosed
Repay Holdings Corporationnot disclosedRSU 50 · PSU 50Yes — relative TSRFrederic W. Cook & Co., Inc.
Sezzle, Inc.not disclosednot disclosednot disclosedFW Cook
Usio, Inc.not 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.

FAQ

Frequently asked questions

Who was the highest-paid executive at CANTALOUPE, INC. in fiscal 2025?
As disclosed, Ravi Venkatesan, the Chief Executive Officer, was the highest-paid executive at CANTALOUPE, INC. in fiscal 2025 with total compensation of $957,707.
How does CANTALOUPE, INC.'s chief executive pay compare to its disclosed peer group?
The filing shows that the chief executive's pay ranked at the 1st percentile of the disclosed peer group.
What is CANTALOUPE, INC.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 12:1.
How did shareholders vote on CANTALOUPE, INC.'s executive compensation?
The latest say-on-pay support vote is not disclosed in this filing.
How much does CANTALOUPE, INC. spend in total on board compensation for fiscal 2025?
The company reported total board compensation of $1,295,000 for fiscal 2025.

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, Ravi VenkatesanDEF 14A2025-10-100001628280-25-044777Section “Summary Compensation Table” · page 62. As printed: 957,707. Filing ↗
2Section 03, Ravi Venkatesan PSUDEF 14A2025-10-100001628280-25-044777Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 849423–849430
3Section 07, pay ratioDEF 14A2025-10-100001628280-25-044777Section “CEO Pay Ratio”. As printed: 12 : 1. Filing ↗
4Section 08, Douglas G. BergeronDEF 14A2025-10-100001628280-25-044777Section “Director Compensation”. As printed: 185,000. Filing ↗machine: span 561231–561354
5Section 08, Shannon S. WarrenDEF 14A——Section “Director Compensation”. As printed: 175,000.
6Section 08, Ellen RicheyDEF 14A2025-10-100001628280-25-044777Section “Director Compensation”. As printed: 160,000. Filing ↗machine: span 571400–571523
7Section 08, Michael K. PassillaDEF 14A2025-10-100001628280-25-044777Section “Director Compensation”. As printed: 160,000. Filing ↗machine: span 569367–569490
8Section 08, Anne M. SmallingDEF 14A——Section “Director Compensation”. As printed: 157,500.
9Section 08, Jacob LammDEF 14A2025-10-100001628280-25-044777Section “Director Compensation”. As printed: 157,500. Filing ↗machine: span 567327–567450
10Section 08, Lisa P. BairdDEF 14A2025-10-100001628280-25-044777Section “Director Compensation”. As printed: 150,000. Filing ↗machine: span 563265–563388
11Section 08, Ian HarrisDEF 14A2025-10-100001628280-25-044777Section “Director Compensation”. As printed: 150,000. Filing ↗machine: span 565296–565419
12Section 08, Ravi VenkatesanDEF 14A——Section “Director Compensation”. As printed: 0.
13Section 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
14Section 09b board cost (computed)Computed——Cash 495,000 + equity 800,000 + all other 0 = 1,295,000, summed across the director compensation table rows.machine: formula: Σ = 1,295,000
15Bakkt Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-300001628280-26-029018CEO total compensation as printed in Bakkt Holdings, Inc.'s own proxy. As printed: 35,217,068. Filing ↗machine: r2 · c21 · span 331553–331563
16PAR Technology Corporation, Section 10b CEO totalDEF 14A2026-04-160000708821-26-000048CEO total compensation as printed in PAR Technology Corporation's own proxy. As printed: 14,164,778. Filing ↗machine: t104 · r3 · c14 · span 575281–575291
17Flywire Corporation, Section 10b CEO totalDEF 14A2026-04-230001193125-26-173788CEO total compensation as printed in Flywire Corporation's own proxy. As printed: 8,803,495. Filing ↗machine: span 529916–529925
18Repay Holdings Corporation, Section 10b CEO totalDEF 14A2026-05-110001193125-26-215760CEO total compensation as printed in Repay Holdings Corporation's own proxy. As printed: 8,143,500. Filing ↗machine: r4 · c35 · span 1897314–1897323
19Priority Technology Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-280001653558-26-000090CEO total compensation as printed in Priority Technology Holdings, Inc.'s own proxy. As printed: 8,004,152. Filing ↗machine: t5 · r2 · c19 · span 192936–192945
20AvidXchange Holdings, Inc., Section 10b CEO totalDEF 14A2025-04-300001193125-25-107131CEO total compensation as printed in AvidXchange Holdings, Inc.'s own proxy. As printed: 7,701,587. Filing ↗machine: r2 · c69 · span 488054–488064
21International Money Express, Inc., Section 10b CEO totalDEF 14A2025-05-120001683695-25-000065CEO total compensation as printed in International Money Express, Inc.'s own proxy. As printed: 6,042,098. Filing ↗machine: r2 · c24 · span 577739–577749
22Cardlytics, Inc., Section 10b CEO totalDEF 14A2026-04-090001628280-26-024446CEO total compensation as printed in Cardlytics, Inc.'s own proxy. As printed: 5,030,252. Filing ↗machine: span 289415–289424
23CPI Card Group, Inc., Section 10b CEO totalDEF 14A2026-04-080001104659-26-040936CEO total compensation as printed in CPI Card Group, Inc.'s own proxy. As printed: 3,794,309. Filing ↗machine: t60 · r6 · c25 · span 604980–604989
24PaySign, Inc., Section 10b CEO totalDEF 14A2026-03-260001683168-26-002222CEO total compensation as printed in PaySign, Inc.'s own proxy. As printed: 2,754,265. Filing ↗machine: span 152267–152276
25Sezzle, Inc., Section 10b CEO totalDEF 14A2025-04-300001662991-25-000081CEO total compensation as printed in Sezzle, Inc.'s own proxy. As printed: 2,224,113. Filing ↗machine: span 332930–332939
26Atlanticus Holding Corporation, Section 10b CEO totalDEF 14A2026-04-100001437749-26-012028CEO total compensation as printed in Atlanticus Holding Corporation's own proxy. As printed: 2,099,003. Filing ↗machine: r5 · c23 · span 228717–228726
27Cass Information Systems, Inc., Section 10b CEO totalDEF 14A2026-03-060000708781-26-000013CEO total compensation as printed in Cass Information Systems, Inc.'s own proxy. As printed: 2,046,984. Filing ↗machine: r2 · c21 · span 469313–469322
28Usio, Inc., Section 10b CEO totalDEF 14A2026-04-290001437749-26-013853CEO total compensation as printed in Usio, Inc.'s own proxy. As printed: 1,371,589. Filing ↗machine: r1 · c6 · span 254821–254830
29CANTALOUPE, INC. (subject), Section 10b CEO totalDEF 14A2025-10-100001628280-25-044777CEO total compensation as printed in CANTALOUPE, INC.'s own proxy. As printed: 957,707. Filing ↗
30Section 10a, CPI Card Group, Inc. reciprocityDEF 14A—0001558370-25-004598CPI Card Group, Inc.'s most recent proxy was read; its disclosed peer group does not include CANTALOUPE, INC.. Filing ↗
31Section 10a, AvidXchange Holdings, Inc. reciprocityDEF 14A—0001193125-25-107131AvidXchange Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include CANTALOUPE, INC.. Filing ↗
32Section 10a, International Money Express, Inc. reciprocityDEF 14A—0001683695-25-000065International Money Express, Inc.'s most recent proxy was read; its disclosed peer group does not include CANTALOUPE, INC.. Filing ↗
33Section 10a, Cass Information Systems, Inc. reciprocityDEF 14A—0000708781-26-000013Cass Information Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include CANTALOUPE, INC.. Filing ↗
34Section 10a, Repay Holdings Corporation reciprocityDEF 14A—0001193125-26-215760Repay Holdings Corporation's most recent proxy was read; its disclosed peer group does not include CANTALOUPE, INC.. Filing ↗
35Section 10a, PAR Technology Corporation reciprocityDEF 14A—0000708821-26-000048PAR Technology Corporation's most recent proxy was read; its disclosed peer group does not include CANTALOUPE, INC.. Filing ↗
36Section 10a, Flywire Corporation reciprocityDEF 14A—0001193125-26-173788Flywire Corporation's most recent proxy was read; its disclosed peer group does not include CANTALOUPE, INC.. Filing ↗

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