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

Innovex International, Inc. (INVX)

CEO Adam Anderson was paid $3,283,511 in fiscal year 2025, ↑ up 14.2% from fiscal year 2024, the 20th percentile of its disclosed peer group (SEC filing 0001193125-26-129169 ↗): 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.

$3,283,511 ↑
Adam Anderson total, FY2025
20th
CEO pay percentile vs peers
45:1
CEO-to-median pay ratio
99.06%
Say-on-pay support, latest vote

Ask our research desk, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Adam Anderson (Chief Executive Officer), FY2025 total compensation $3,283,511 (base salary $550,969) [exec_comp, SEC accession 0001193125-26-129169, filed 2026-03-27]

INVX's next annual pay disclosure, estimated March 26, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Adam Anderson$550,969$0$2,222,492$0$495,000$0$15,050$3,283,511
Chief Executive Officer
Mark Reddout375,969333,333834,0030202,500032,0781,777,883
President-North America
Kendal Reed375,96950,000834,0030202,500010,9701,473,442
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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Adam Anderson$3,283,511$2,873,972—↑ +409,539
Mark Reddout1,777,8831,621,704—↑ +156,179
Kendal Reed1,473,4421,254,867—↑ +218,575

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against INVX
8 companies name INVX as a compensation peer

Each company listed discloses INVX 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 INVX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01b

Executives — the named officers

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.

ExecutiveRoleFY2025 total
Adam AndersonCEO$3,283,511
Kendal ReedCFO$1,473,442
Mark ReddoutEVP$1,777,883
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Angie SeditaIndependent Director$291,000
Benjamin M. FinkIndependent Director$311,000
Bonnie S. BlackIndependent Director$291,000
Carri A. LockhartIndependent Director$301,000
Jason TurowskyIndependent Director$291,000
John V. LovoiChair of the Board$391,000
Patrick ConnellyFormer director (through FY2025)—
Terence B. JuppIndependent Director$306,000
Will DonnellIndependent Director$291,000
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
Mark ReddoutPSU2025-05-306,3826,382—25,528$304,677
Mark ReddoutPSU2025-05-306,3826,382—25,528176,143
Adam AndersonPSU2025-05-3017,01917,019—68,074469,711
Adam AndersonPSU2025-05-3017,01917,019—68,074812,463
Kendal ReedPSU2025-05-306,3826,382—25,528304,677
Kendal ReedPSU2025-05-306,3826,382—25,528176,143
Kendal ReedRSU2025-05-30——25,527—352,273
Adam AndersonRSU2025-05-30——68,073—939,407
Mark ReddoutRSU2025-05-30——25,527—352,273
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Mark Reddout$352,273$480,820$057.7%
Adam Anderson939,4071,282,174057.7%
Kendal Reed352,273480,820057.7%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation program is designed to align executive compensation with Company and individual performance, produce long-term positive results for stockholders, and provide market-competitive compensation to attract, motivate, and retain a talented workforce. The program reflects a pay-for-performance philosophy, balancing immediate cash rewards for short-term goals with long-term equity awards to align executive interests with stockholders.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-0761,831,241586,796101,02899.06%Passed
20252025-05-1461,144,032966,60134,26398.44%Passed
20232023-05-1630,804,785533,88018,48798.3%Passed
20222022-05-1730,972,758982,11318,95696.93%Passed
20202020-05-1432,497,816834,7425,33997.5%Passed
20172017-05-1233,100,9161,398,66735,17695.95%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.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0799.06%a
20252025-05-1498.44%b
20232023-05-1698.3%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. 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.

07

CEO pay ratio

Ratio (CEO : median employee)45 : 1
CEO total compensation—
Median employee compensation$73,050
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John V. LovoiIndependent · Board Chair · Audit · Compensation · Nominating/Governance$175,000$216,000———$391,000
Benjamin M. FinkIndependent · Audit (Chair)95,000216,000———311,000
Terence B. JuppIndependent · Compensation (Chair)90,000216,000———306,000
Carri A. LockhartIndependent · Nominating and Governance · Audit85,000216,000———301,000
Jason TurowskyIndependent · Compensation291,0000———291,000
Will DonnellIndependent291,0000———291,000
Angie SeditaIndependent · Audit · Nominating/Governance75,000216,000———291,000
Bonnie S. BlackIndependent · Nominating/Governance · Compensation75,000216,000———291,000
Patrick ConnellyIndependent · Departed during FY000—00
Adam AndersonEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$216,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,177,000
Equity awards (grant-date value)$1,296,000
All other compensation$0
Total cost of the board$2,473,000

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 Innovex International, 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 Innovex International, 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
1Oceaneering International, Inc.2025Roderick Larson$910,000$2,027,796$0$4,282,425$7,735,670
2Expro Group Holdings N.V.2024Michael Jardon1,000,0005,246,0720690,6256,962,497
3Forum Energy Technologies, Inc.2025Neal Lux717,7694,232,10501,196,4636,163,337
4Tidewater, Inc.2025Quintin Kneen750,0003,892,45801,078,1255,732,208
5DMC Global Inc.2025James O’Leary654,2313,699,99201,233,3045,615,614
6TETRA Technologies, Inc.2025Brady Murphy735,0001,325,33303,061,8255,133,908
7Oil States International, Inc.2025Cindy Taylor925,0002,400,00301,654,2445,079,386
8Helix Energy Solutions Group, Inc.2025Owen Kratz800,0003,838,5190420,0005,067,269
9Core Laboratories N.V.2025Lawrence Bruno886,9123,505,1050351,2174,980,491
10Innovex International, Inc.2025Adam Anderson550,9692,222,4920495,0003,283,511
11RPC, Inc.2025Ben Palmer618,0001,388,26501,155,6603,192,075
12Cactus, Inc.2025Scott Bender450,0001,821,6340222,7882,524,459
—Newpark Resources, Inc.——————not in coverage universe
—KLX Energy Services Holdings, Inc.——————not in coverage universe

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
Innovex International, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Cactus, Inc.not disclosedPSU 50 · RSU 50not disclosedPearl Meyer & Partners, LLC
Core Laboratories N.V.not disclosednot disclosednot disclosednot disclosed
DMC Global Inc.not disclosedRSU 50 · PSU 50not disclosedPearl Meyer & Partners, LLC
Expro Group Holdings N.V.not disclosedPRSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Meridian Consultants, LLC
Forum Energy Technologies, Inc.not disclosedPSU 50 · RSU 50not disclosedMeridian Compensation Partners, LLC
Helix Energy Solutions Group, Inc.35%PSU 50 · RSU 50Yes — TSR relative to performance peer groupWTW (Willis Towers Watson)
KLX Energy Services Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Newpark Resources, Inc.not disclosednot disclosednot disclosednot disclosed
Oceaneering International, Inc.124%not disclosedYes — Relative TSRMeridian Compensation Partners, LLC
Oil States International, Inc.not disclosedRSU 50 · PRSU 25 · Cash Performance Award 25not disclosedMeridian Compensation Partners
RPC, Inc.187%RSU 75 · PSU 25NoMercer, LLC
TETRA Technologies, Inc.not disclosedRSU 50 · LTIP Units 50not disclosedPay Governance LLC
Tidewater, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC

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.

10d

Frequently asked questions

Who was the highest-paid executive at Innovex International, Inc. in fiscal 2025?
As disclosed, Adam Anderson (Chief Executive Officer) was the highest-paid executive at Innovex International, Inc. in fiscal 2025, with total compensation of $3,283,511.
How does Innovex International, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Adam Anderson's total compensation ranked at the 20th percentile of Innovex International, Inc.'s disclosed peer group.
What is Innovex International, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Innovex International, Inc.'s CEO-to-median employee pay ratio was 45:1.
How did shareholders vote on Innovex International, Inc.'s executive compensation?
As disclosed, 99.06% of shareholders supported Innovex International, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Innovex International, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Innovex International, Inc. reported total board compensation of $2,473,000 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, Adam AndersonDEF 14A2026-03-270001193125-26-129169Section “Summary Compensation Table” · page 32. As printed: 3,283,511. Filing ↗machine: r2 · c7 · span 475965–475974
2Section 01, Mark ReddoutDEF 14A2026-03-270001193125-26-129169Section “Summary Compensation Table” · page 32. As printed: 1,777,883. Filing ↗machine: r6 · c7 · span 488701–488710
3Section 01, Kendal ReedDEF 14A2026-03-270001193125-26-129169Section “Summary Compensation Table” · page 32. As printed: 1,473,442. Filing ↗machine: r4 · c7 · span 482333–482342
4Section 03, Mark Reddout PSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 551746–551753
5Section 03, Mark Reddout PSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 555348–555355
6Section 03, Adam Anderson PSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 518509–518516
7Section 03, Adam Anderson PSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 514906–514913
8Section 03, Kendal Reed PSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 533326–533333
9Section 03, Kendal Reed PSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 536928–536935
10Section 03, Kendal Reed RSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
11Section 03, Adam Anderson RSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Mark Reddout RSUDEF 14A2026-03-270001193125-26-129169Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 07, pay ratioDEF 14A2026-03-270001193125-26-129169Section “CEO Pay Ratio”. As printed: 45 : 1. Filing ↗
14Section 08, John V. LovoiDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 391,000. Filing ↗machine: span 292694–292923
15Section 08, Benjamin M. FinkDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 311,000. Filing ↗machine: span 301025–301254
16Section 08, Terence B. JuppDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 306,000. Filing ↗machine: span 294337–294566
17Section 08, Carri A. LockhartDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 301,000. Filing ↗machine: span 296098–296327
18Section 08, Jason TurowskyDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 291,000. Filing ↗machine: span 303548–303777
19Section 08, Will DonnellDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 291,000. Filing ↗machine: span 305195–305424
20Section 08, Angie SeditaDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 291,000. Filing ↗machine: span 297738–297967
21Section 08, Bonnie S. BlackDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 291,000. Filing ↗machine: span 299381–299610
22Section 08, Patrick ConnellyDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Adam AndersonDEF 14A2026-03-270001193125-26-129169Section “Director Compensation”. As printed: 0. Filing ↗
24Section 06, 2026 voteForm 8-K2026-05-110001193125-26-216895Item 5.07 · say-on-pay result. As reported: 99.06% (votes for as printed: 61,831,241). Filing ↗
25Section 06, 2025 voteForm 8-K2025-05-150000950170-25-071779Item 5.07 · say-on-pay result. As reported: 98.44% (votes for as printed: 61,144,032). Filing ↗
26Section 06, 2023 voteForm 8-K2023-05-180001193125-23-148118Item 5.07 · say-on-pay result. As reported: 98.3% (votes for as printed: 30,804,785). Filing ↗
27Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
28Section 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
29Section 09b board cost (computed)Computed——Cash 1,177,000 + equity 1,296,000 + all other 0 = 2,473,000, summed across the director compensation table rows.machine: formula: Σ = 2,473,000
30Oceaneering International, Inc., Section 10b CEO totalDEF 14A2026-04-020000073756-26-000073CEO total compensation as printed in Oceaneering International, Inc.'s own proxy. As printed: 7,735,670. Filing ↗machine: r2 · c14 · span 1452178–1452187
31Expro Group Holdings N.V., Section 10b CEO totalDEF 14A2025-04-110001193125-25-078440CEO total compensation as printed in Expro Group Holdings N.V.'s own proxy. As printed: 6,962,497. Filing ↗machine: r3 · c34 · span 806814–806823
32Forum Energy Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-270001401257-26-000021CEO total compensation as printed in Forum Energy Technologies, Inc.'s own proxy. As printed: 6,163,337. Filing ↗machine: r2 · c21 · span 343952–343961
33Tidewater, Inc., Section 10b CEO totalDEF 14A2026-04-280001104659-26-050441CEO total compensation as printed in Tidewater, Inc.'s own proxy. As printed: 5,732,208. Filing ↗machine: r1 · c53 · span 956319–956328
34DMC Global Inc., Section 10b CEO totalDEF 14A2026-03-310000034067-26-000022CEO total compensation as printed in DMC Global Inc.'s own proxy. As printed: 5,615,614. Filing ↗machine: span 888111–888120
35TETRA Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-090000844965-26-000026CEO total compensation as printed in TETRA Technologies, Inc.'s own proxy. As printed: 5,133,908. Filing ↗machine: span 841633–841642
36Oil States International, Inc., Section 10b CEO totalDEF 14A2026-03-270001121484-26-000017CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. Filing ↗machine: r2 · c21 · span 888287–888296
37Helix Energy Solutions Group, Inc., Section 10b CEO totalDEF 14A2026-04-010001140361-26-012501CEO total compensation as printed in Helix Energy Solutions Group, Inc.'s own proxy. As printed: 5,067,269. Filing ↗machine: r2 · c22 · span 1194229–1194239
38Core Laboratories N.V., Section 10b CEO totalDEF 14A2026-03-310001193125-26-134986CEO total compensation as printed in Core Laboratories N.V.'s own proxy. As printed: 4,980,491. Filing ↗machine: r2 · c20 · span 793587–793596
39Innovex International, Inc. (subject), Section 10b CEO totalDEF 14A2026-03-270001193125-26-129169CEO total compensation as printed in Innovex International, Inc.'s own proxy. As printed: 3,283,511. Filing ↗machine: r2 · c7 · span 475965–475974
40RPC, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-030766CEO total compensation as printed in RPC, Inc.'s own proxy. As printed: 3,192,075. Filing ↗machine: t142 · r9 · c14 · span 742140–742149
41Cactus, Inc., Section 10b CEO totalDEF 14A2026-03-310001628280-26-022453CEO total compensation as printed in Cactus, Inc.'s own proxy. As printed: 2,524,459. Filing ↗machine: span 346833–346842
42Section 10a, Oceaneering International, Inc. reciprocityDEF 14A—0000073756-26-000073Oceaneering International, Inc.'s most recent proxy was read; its disclosed peer group does not include Innovex International, Inc.. Filing ↗
43Section 10a, Core Laboratories N.V. reciprocityDEF 14A—0001193125-26-134986Core Laboratories N.V.'s most recent proxy was read; its disclosed peer group does not include Innovex International, Inc.. Filing ↗
44Section 10a, TETRA Technologies, Inc. reciprocityDEF 14A—0000844965-26-000026TETRA Technologies, Inc. names Innovex International, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
45Section 10a, Helix Energy Solutions Group, Inc. reciprocityDEF 14A—0001140361-26-012501Helix Energy Solutions Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Innovex International, Inc.. Filing ↗
46Section 10a, Expro Group Holdings N.V. reciprocityDEF 14A—0001193125-25-078440Expro Group Holdings N.V.'s most recent proxy was read; its disclosed peer group does not include Innovex International, Inc.. Filing ↗
47Section 10a, Tidewater, Inc. reciprocityDEF 14A—0001104659-26-050441Tidewater, Inc. names Innovex International, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
48Section 10a, Oil States International, Inc. reciprocityDEF 14A—0001121484-26-000017Oil States International, Inc. names Innovex International, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
49Section 10a, Forum Energy Technologies, Inc. reciprocityDEF 14A—0001401257-26-000021Forum Energy Technologies, Inc. names Innovex International, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
50Section 10a, Cactus, Inc. reciprocityDEF 14A—0001628280-26-022453Cactus, Inc.'s most recent proxy was read; its disclosed peer group does not include Innovex International, Inc.. Filing ↗

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