Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-02

NFT (MI)

CEO Vadim Mats was paid $815,385 in fiscal year 2025, ↑ up 48.3% from fiscal year 2024 (SEC filing 0001140361-26-027426 ↗): 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.

$815,385 ↑
Vadim Mats total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Sample answer — “What is the CEO’s total compensation?”
- Vadim Mats (Chief Executive Officer), FY2025 total compensation $815,385 (base salary $415,385) [exec_comp, SEC accession 0001140361-26-027426, filed 2026-07-02]

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01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Vadim Mats$415,385$400,000$0$0$0$0$0$815,385
Chief Executive Officer
Steven Shorr77,30800000077,308
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
Vadim Mats$815,385$550,000—↑ +265,385
Steven Shorr77,30860,000—↑ +17,308

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 MI
No companies currently name MI as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Steven ShorrRSU489,553—$38,765,813
Steven ShorrRSU50,000,000—9,065,987,613
Steven ShorrRSU244,777—44,382,905
Steven ShorrRSU19,582—3,550,603
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Scott A. GraysonIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance$24,000—$24,354—$0$48,354
Adam HolzerIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance24,000—24,354—048,354
Roman FeldmanIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair)20,000—24,354——44,354
Alex KisinNot independent · Departed during FY4,000—0—04,000
Vadim MatsEmployee director · Board Chair—————0
09

Board fee structure and ownership guideline

Annual cash retainer$24,000
Annual equity retainer$24,354
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$72,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$72,000

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

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
1NFT2025Vadim Mats$415,385$0$0$0$815,385

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.

10d

Frequently asked questions

Who was the highest-paid executive at NFT in fiscal 2025?
As disclosed, Vadim Mats (Chief Executive Officer) was the highest-paid executive at NFT in fiscal 2025, with total compensation of $815,385.
How much does NFT spend in total on board compensation for fiscal 2025?
As disclosed, NFT reported total board compensation of $72,000 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, Vadim MatsDEF 14A2026-07-020001140361-26-027426Section “Executive Compensation”. As printed: 815,385. Filing ↗machine: r2 · c27 · span 219552–219560
2Section 01, Steven ShorrDEF 14A2026-07-020001140361-26-027426Section “Executive Compensation”. As printed: 77,308. Filing ↗
3Section 08, Scott A. GraysonDEF 14A2026-07-020001140361-26-027426Section “Director Compensation”. As printed: 48,354. Filing ↗machine: span 181168–181349
4Section 08, Adam HolzerDEF 14A2026-07-020001140361-26-027426Section “Director Compensation”. As printed: 48,354. Filing ↗machine: span 176290–176471
5Section 08, Roman FeldmanDEF 14A2026-07-020001140361-26-027426Section “Director Compensation”. As printed: 44,354. Filing ↗machine: span 183187–183367
6Section 08, Alex KisinDEF 14A2026-07-020001140361-26-027426Section “Director Compensation”. As printed: 4,000. Filing ↗machine: span 178581–178801
7Section 08, Vadim MatsDEF 14A2026-07-020001140361-26-027426Section “Director Compensation”. As printed: 0. Filing ↗
8Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
9Section 09b board cost (computed)Computed——Cash 72,000 + equity 0 + all other 0 = 72,000, summed across the director compensation table rows.machine: formula: Σ = 72,000
10NFT (subject), Section 10b CEO totalDEF 14A2026-07-020001140361-26-027426CEO total compensation as printed in NFT's own proxy. As printed: 815,385. Filing ↗machine: r2 · c27 · span 219552–219560

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