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 CMBM 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 CMBM 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 |
|---|---|---|---|---|---|---|---|---|
| John Waldron | $540,500 | $0 | $0 | $0 | $0 | $0 | $0 | $540,500 |
| Former Acting Chief Financial Officer | ||||||||
| Morgan Kurk | 500,000 | 0 | 0 | 0 | 0 | 0 | 3,846 | 503,846 |
| President and Chief Executive Officer and Director | ||||||||
| Vibhu Vivek | 413,700 | 0 | 0 | 0 | 0 | 0 | 14,300 | 428,000 |
| Senior Vice President, Products | ||||||||
| Sally Rau | 337,080 | 0 | 0 | 0 | 0 | 0 | 11,423 | 348,503 |
| Chief Legal and HR 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 |
|---|---|---|---|---|
| John Waldron | $540,500 | — | — | — |
| Morgan Kurk | 503,846 | — | 4,269,028 | — |
| Vibhu Vivek | 428,000 | — | — | — |
| Sally Rau | 348,503 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Morgan Kurk | RSU | 43,750 | — | $63,000 |
| Vibhu Vivek | Option | 12,500 | 5.01 | — |
| Sally Rau | Option | 12,500 | 5.01 | — |
| Morgan Kurk | Option | 218,750 | 9.11 | — |
| Vibhu Vivek | RSU | 27,500 | — | 39,600 |
| Vibhu Vivek | Option | 16,875 | 4.26 | — |
| Sally Rau | Option | 16,875 | 4.26 | — |
| Morgan Kurk | Option | 312,500 | 3.6 | — |
| Vibhu Vivek | Option | 6,000 | 14.51 | — |
| Sally Rau | Option | 5,500 | 14.51 | — |
Our current executive compensation program is intended to align executive compensation with our business objectives and with the interests of our shareholders, and to enable us to attract, retain and reward executive officers who contribute to our long-term success.
| CEO STI target (% of salary) | 100% |
|---|---|
| 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 |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-25 | 16,123,519 | 438,677 | 28,592 | 97.35% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-25 | 97.35%a |
a. Approved under the standard stated in the filing — “An abstention on Proposal Two 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.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Bruce FeltIndependent · Audit (Chair) | $75,000 | $0 | $0 | $0 | $0 | $75,000 |
| Alexander R. SluskyIndependent · Compensation (Chair) | 65,000 | 0 | 0 | 0 | 0 | 65,000 |
| Vikram VermaIndependent · Audit · Compensation | 60,000 | 0 | 0 | 0 | 0 | 60,000 |
| Kevin LynchIndependent · Audit | 60,000 | 0 | 0 | 0 | 0 | 60,000 |
| Robert AmenIndependent · Board Chair · Audit | 50,000 | 0 | 0 | 0 | 0 | 50,000 |
| Atul BhatnagarNot independent | 0 | 0 | 0 | 0 | 0 | 0 |
| Morgan KurkEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 15,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $310,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $310,000 |
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 | Cambium Networks | 2025 | Morgan Kurk | $500,000 | $0 | $0 | $0 | $503,846 |
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, John Waldron | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “2025 Summary Compensation Table” · page 24. As printed: 540,500. Filing ↗machine: t10 · r8 · c5 · span 612956–612963 |
| 2 | Section 01, Morgan Kurk | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “2025 Summary Compensation Table” · page 24. As printed: 503,846. Filing ↗machine: t10 · r2 · c29 · span 558880–558887 |
| 3 | Section 01, Vibhu Vivek | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “2025 Summary Compensation Table” · page 24. As printed: 428,000. Filing ↗machine: t10 · r4 · c29 · span 580600–580607 |
| 4 | Section 01, Sally Rau | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “2025 Summary Compensation Table” · page 24. As printed: 348,503. Filing ↗machine: t10 · r6 · c29 · span 602001–602008 |
| 5 | Section 07, pay ratio | 10-K | 2026-05-01 | 0001193125-26-201759 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 6 | Section 08, Bruce Felt | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t7 · r4 · c3 · span 460161–460167 |
| 7 | Section 08, Alexander R. Slusky | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “Director Compensation”. As printed: 65,000. Filing ↗machine: t7 · r3 · c3 · span 454178–454184 |
| 8 | Section 08, Vikram Verma | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t7 · r5 · c3 · span 466147–466153 |
| 9 | Section 08, Kevin Lynch | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t7 · r6 · c3 · span 472131–472137 |
| 10 | Section 08, Robert Amen | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “Director Compensation”. As printed: 50,000. Filing ↗machine: t7 · r2 · c3 · span 448159–448165 |
| 11 | Section 08, Atul Bhatnagar | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t7 · r7 · c11 · span 480889–480890 |
| 12 | Section 08, Morgan Kurk | DEF 14A | 2026-05-22 | 0001193125-26-236836 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 13 | Section 06, 2026 vote | Form 8-K | 2026-06-26 | 0001193125-26-285442 | Item 5.07 · say-on-pay result. As reported: 97.35% (votes for as printed: 16,123,519). Filing ↗ |
| 14 | Section 09b board cost (computed) | Computed | — | computed | Cash 310,000 + equity 0 + all other 0 = 310,000, summed across the director compensation table rows.machine: formula: Σ = 310,000 |
| 15 | Cambium Networks (subject), Section 10b CEO total | DEF 14A | 2026-05-22 | 0001193125-26-236836 | CEO total compensation as printed in Cambium Networks's own proxy. As printed: 503,846. Filing ↗machine: t10 · r2 · c29 · span 558880–558887 |