Former CEO Austin Russell was paid $497,253 in fiscal year 2024, ↓ down 32.3% from fiscal year 2023, the 1st percentile of its disclosed peer group (SEC filing 0001628280-25-029810 ↗): 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.
$4,925,096 Thomas Fennimore total, FY2024 Chief Financial Officer — highest-paid officer; CEO Austin Russell: $497,253 | 1st CEO (Austin Russell) pay percentile vs peers | — CEO-to-median pay ratio | 6.44% Say-on-pay support, latest vote |
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| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Thomas Fennimore | $300,000 | $3,125,100 | $1,499,996 | $0 | $0 | $0 | $0 | $4,925,096 |
| Chief Financial Officer | ||||||||
| Alan Prescott | 300,000 | 1,850,000 | 1,754,098 | 0 | 0 | 0 | 0 | 3,904,098 |
| Former Chief Legal Officer and Secretary | ||||||||
| Austin Russell | 0 | 0 | 0 | 0 | 0 | 0 | 497,253 | 497,253 |
| Former President and 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.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Thomas Fennimore | $4,925,096 | $2,843,142 | — | ↑ +2,081,954 |
| Alan Prescott | 3,904,098 | 2,131,097 | — | ↑ +1,773,001 |
| Austin Russell | 497,253 | 734,499 | — | ↓ −237,246 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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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 |
|---|---|---|
| Alan Prescott | Executive | $3,904,098 |
| Austin Russell | CEO | $497,253 |
| Thomas Fennimore | CFO | $4,925,096 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2024 total |
|---|---|---|
| Alec E. Gores | Independent Director | $243,638 |
| Daniel D. Tempesta | Independent Director | $257,530 |
| Dominick Schiano | Independent Director | $499,387 |
| Jun Hong Heng | Former director (through FY2024) | $264,745 |
| Katharine A. Martin | Independent Director | $268,638 |
| Mary Lou Jepsen | Independent Director | $263,638 |
| Matthew J. Simoncini | Lead Independent Director | $280,030 |
| Paul Ricci | Director | — |
| Shaun Maguire | Independent Director | $247,245 |
Every insider equity transaction reported on Form 4 after the 2024 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Mary Lou Jepsen | Director | 2025-07-03 | A | 61,576 | $0 | $0 | Common | Form 4 ↗ |
| Daniel D. Tempesta | Director | 2025-07-03 | A | 61,576 | 0 | 0 | Common | Form 4 ↗ |
| Dominick Schiano | Director | 2025-07-03 | A | 61,576 | 0 | 0 | Common | Form 4 ↗ |
| Katharine A. Martin | Director | 2025-07-03 | A | 61,576 | 0 | 0 | Common | Form 4 ↗ |
| Matthew J. Simoncini | Director | 2025-07-03 | A | 61,576 | 0 | 0 | Common | Form 4 ↗ |
| Shaun Maguire | Director | 2025-07-03 | A | 61,576 | 0 | 0 | Common | Form 4 ↗ |
| AEG Holdings, LLC | Director | 2025-07-03 | A | 61,576 | 0 | 0 | Common | Form 4 ↗ |
| Austin Russell | Director | 2025-07-03 | A | 61,576 | 0 | 0 | Common | Form 4 ↗ |
| Paul Ricci | Director | 2025-07-28 | D | 239,193 | 3 | 794,121 | Common | Form 4 ↗ |
| Paul Ricci | Director | 2025-07-28 | A | 2,109,546 | 0 | 0 | Common | Form 4 ↗ |
| Paul Ricci | Director | 2025-12-05 | D | 69,431 | 1 | 64,543 | Common | Form 4 ↗ |
| Dominick Schiano | Director | 2026-03-10 | D | 266 | 0 | 15 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Thomas Fennimore | RSU | 2024-12-05 | — | — | 183,598 | — | $1,499,996 |
| Alan Prescott | PRSU | 2024-12-12 | — | 55,000 | — | — | 254,102 |
| Alan Prescott | RSU | 2024-12-05 | — | — | 183,598 | — | 1,500,000 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Thomas Fennimore | $1,499,996 | $0 | $0 | 0.0% |
| Alan Prescott | 1,500,000 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Austin Russell | RSU | 720,000 | — | $3,873,600 |
| Alan Prescott | RSU | 55,000 | — | 295,900 |
| Thomas Fennimore | RSU | 33,333 | — | 179,332 |
| Thomas Fennimore | RSU | 15,180 | — | 81,668 |
The company's compensation program is designed to attract and retain highly qualified executives, with a strong focus on pay-for-performance. Compensation is structured to align executive interests with long-term stockholder value through equity awards and to reward the achievement of specific operational and financial goals.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | not disclosed |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-07-03 | 3,544,018 | 51,497,754 | 135,767 | 6.44% | Failed |
| 2023 | 2023-06-07 | 997,218,441 | 30,002,221 | 484,352 | 97.03% | Passed |
| 2022 | 2022-06-07 | 1,010,271,695 | 3,152,237 | 343,087 | 99.69% | 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 |
|---|---|---|
| 2025 | 2025-07-03 | 6.44%a |
| 2023 | 2023-06-07 | 97.03%b |
| 2022 | 2022-06-07 | 99.69%c |
a. Approved under the standard stated in the filing — “Abstentions have no effect on Proposals One, Two, Three, Four or Five.”.
b. Approved under the standard stated in the filing — “Abstentions have no effect on Proposal One, Two or Three.”.
c. Approved under the standard stated in the filing — “Abstentions have no effect on Proposal One, Two, Three, Four or Five.”.
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 |
|---|---|---|---|---|---|---|
| Dominick SchianoIndependent · Audit · Partial-year service | $12,500 | $486,887 | $0 | $0 | $0 | $499,387 |
| Matthew J. SimonciniIndependent · Lead Independent Director · Audit · Compensation & Human Capital Management | 87,785 | 192,245 | 0 | 0 | 0 | 280,030 |
| Katharine A. MartinIndependent · Compensation & Human Capital Management (Chair) · Nominating & ESG | 76,393 | 192,245 | 0 | 0 | 0 | 268,638 |
| Jun Hong HengIndependent · Departed during FY | 72,500 | 192,245 | 0 | 0 | 0 | 264,745 |
| Mary Lou JepsenIndependent · Compensation & Human Capital Management · Nominating & ESG (Chair) | 71,393 | 192,245 | 0 | 0 | 0 | 263,638 |
| Daniel D. TempestaIndependent · Audit (Chair) | 65,285 | 192,245 | 0 | 0 | 0 | 257,530 |
| Shaun MaguireIndependent · Nominating & ESG | 55,000 | 192,245 | 0 | 0 | 0 | 247,245 |
| Alec E. GoresIndependent · ESG | 51,393 | 192,245 | 0 | 0 | 0 | 243,638 |
| Paul RicciEmployee director · ESG · Partial-year service | 0 | 0 | 0 | 0 | 0 | 0 |
| Austin RussellEmployee director · ESG · Departed during FY | 0 | 0 | 0 | 0 | 0 | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $492,249 |
| Equity awards (grant-date value) | $1,832,602 |
| All other compensation | $0 |
| Total cost of the board | $2,324,851 |
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 | Luminar Technologies | 2024 | Austin Russell | $0 | $0 | $0 | $0 | $497,253 |
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, Thomas Fennimore | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Executive Compensation”. As printed: 4,925,096. Filing ↗machine: r7 · c42 · span 378254–378263 |
| 2 | Section 01, Alan Prescott | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Executive Compensation”. As printed: 3,904,098. Filing ↗machine: r11 · c42 · span 385862–385871 |
| 3 | Section 01, Austin Russell | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Executive Compensation”. As printed: 497,253. Filing ↗machine: span 370514–370521 |
| 4 | Section 03, Thomas Fennimore RSU | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 377040–377049 |
| 5 | Section 03, Alan Prescott PRSU | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 398129–398137 |
| 6 | Section 03, Alan Prescott RSU | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 7 | Section 08, Dominick Schiano | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 499,387. Filing ↗machine: span 261898–262135 |
| 8 | Section 08, Matthew J. Simoncini | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 280,030. Filing ↗machine: span 252933–253170 |
| 9 | Section 08, Katharine A. Martin | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 268,638. Filing ↗machine: span 256462–256699 |
| 10 | Section 08, Jun Hong Heng | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 264,745. Filing ↗machine: span 258224–258461 |
| 11 | Section 08, Mary Lou Jepsen | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 263,638. Filing ↗machine: span 254698–254935 |
| 12 | Section 08, Daniel D. Tempesta | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 257,530. Filing ↗machine: span 263661–263898 |
| 13 | Section 08, Shaun Maguire | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 247,245. Filing ↗machine: span 259976–260213 |
| 14 | Section 08, Alec E. Gores | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 243,638. Filing ↗machine: span 251252–251379 |
| 15 | Section 08, Paul Ricci | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 16 | Section 08, Austin Russell | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 17 | Section 02, Mary Lou Jepsen 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094675 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Daniel D. Tempesta 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094676 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Dominick Schiano 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094678 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Katharine A. Martin 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094679 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Matthew J. Simoncini 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094677 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Shaun Maguire 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094680 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, AEG Holdings, LLC 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094681 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Austin Russell 2025-07-03 | Form 4 | 2025-07-08 | 0000950170-25-094700 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Paul Ricci 2025-07-28 | Form 4 | 2025-07-29 | 0000950170-25-099846 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Paul Ricci 2025-07-28 | Form 4 | 2025-07-29 | 0000950170-25-099846 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Paul Ricci 2025-12-05 | Form 4 | 2025-12-09 | 0001193125-25-313191 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Dominick Schiano 2026-03-10 | Form 4 | 2026-03-13 | 0001140361-26-009440 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 06, 2025 vote | Form 8-K | 2025-07-08 | 0001628280-25-034521 | Item 5.07 · say-on-pay result. As reported: 6.44% (votes for as printed: 3,544,018). Filing ↗ |
| 30 | Section 06, 2023 vote | Form 8-K | 2023-06-09 | 0001628280-23-021717 | Item 5.07 · say-on-pay result. As reported: 97.03% (votes for as printed: 997,218,441). Filing ↗ |
| 31 | Section 06, 2022 vote | Form 8-K | 2022-06-08 | 0001628280-22-016598 | Item 5.07 · say-on-pay result. As reported: 99.69%. Filing ↗ |
| 32 | 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) |
| 33 | Section 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 |
| 34 | Section 09b board cost (computed) | Computed | — | — | Cash 492,249 + equity 1,832,602 + all other 0 = 2,324,851, summed across the director compensation table rows.machine: formula: Σ = 2,324,851 |
| 35 | Luminar Technologies (subject), Section 10b CEO total | DEF 14A | 2025-06-06 | 0001628280-25-029810 | CEO total compensation as printed in Luminar Technologies's own proxy. As printed: 497,253. Filing ↗machine: span 370514–370521 |
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