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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Tracey Massey | $1,000,000 | $0 | $10,012,374 | $0 | $957,000 | $0 | $43,632 | $12,013,006 |
| Former Chief Operating Officer | ||||||||
| Michael Burwell | 690,385 | 600,000 | 7,000,007 | 0 | 609,000 | 0 | 36,217 | 8,935,608 |
| Chief Financial Officer | ||||||||
| Steen Lomholt-Thomsen | 514,975 | 0 | 3,551,502 | 0 | 448,028 | 0 | 151,263 | 4,665,768 |
| Chief Commercial Officer | ||||||||
| Shaun Zitting | 465,000 | 0 | 1,854,690 | 0 | 404,550 | 0 | 38,500 | 2,762,739 |
| Chief Human Resources Officer | ||||||||
| James Peck | 1,000,000 | 0 | 0 | 0 | 1,522,500 | 0 | 101,117 | 2,623,617 |
| 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 | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Tracey Massey | $12,013,006 | — | — | — |
| Michael Burwell | 8,935,608 | — | — | — |
| Steen Lomholt-Thomsen | 4,665,768 | — | — | — |
| Shaun Zitting | 2,762,739 | — | — | — |
| James Peck | 2,623,617 | — | — | — |
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 | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Michael Burwell | RSU | 2025-08-20 | — | — | 405,093 | — | $7,000,007 |
| Steen Lomholt-Thomsen | RSU | 2025-08-20 | — | — | 202,546 | — | 3,499,995 |
| Steen Lomholt-Thomsen | PSU | 2025-02-06 | — | 1,498 | — | — | 51,507 |
| Tracey Massey | PSU | 2025-05-21 | — | 173,701 | — | — | 5,612,367 |
| Tracey Massey | RSU | 2025-08-20 | — | — | 254,630 | — | 4,400,006 |
| Shaun Zitting | RSU | 2025-08-20 | — | — | 32,407 | — | 559,993 |
| Shaun Zitting | PSU | 2025-05-21 | — | 40,047 | — | — | 1,294,697 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michael Burwell | $7,000,007 | $0 | $0 | 0.0% |
| Steen Lomholt-Thomsen | 3,499,995 | 51,507 | 0 | 1.5% |
| Tracey Massey | 4,400,006 | 5,612,367 | 0 | 56.1% |
| Shaun Zitting | 559,993 | 1,294,697 | 0 | 69.8% |
% 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 |
|---|---|---|---|---|
| James Peck | PSU | 5,216,845 | — | $86,025,774 |
| Michael Burwell | RSU | 405,093 | — | 6,679,984 |
| Tracey Massey | RSU | 303,959 | — | 5,012,284 |
| Michael Burwell | RSU | 331,919 | — | 5,473,344 |
| James Peck | PSU | 306,169 | — | 5,048,727 |
| Tracey Massey | RSU | 254,630 | — | 4,198,849 |
| Steen Lomholt-Thomsen | RSU | 43,701 | — | 720,629 |
| Tracey Massey | RSU | 245,844 | — | 4,053,968 |
| Shaun Zitting | RSU | 32,407 | — | 534,391 |
| Steen Lomholt-Thomsen | RSU | 202,546 | — | 3,339,984 |
| Shaun Zitting | RSU | 145,072 | — | 2,392,237 |
| Shaun Zitting | RSU | 70,117 | — | 1,156,229 |
| Steen Lomholt-Thomsen | RSU | 1,967 | — | 32,436 |
Our compensation programs are designed to reward our executive officers for achieving long-term financial and strategic goals without creating an incentive for unnecessary risk.
| CEO STI target (% of salary) | — |
|---|---|
| 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 | 2026-05-21 | 253,515,628 | 3,094,187 | 83,174 | 98.79% | 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 | 2026-05-21 | 98.79%a |
a. 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.
| Ratio (CEO : median employee) | 100 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $26,305 |
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 15,000 / 15,000 / 20,000 |
| Stock ownership guideline | $450,000 |
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies NIQ Global Intelligence 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 NIQ Global Intelligence.
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 | MSCI Inc. | 2025 | Henry A. Fernandez | $1,000,000 | $4,380,024 | $25,220,304 | $1,346,950 | $33,320,590 |
| 2 | Global Payments Inc. | 2025 | Cameron Bready | 1,050,000 | 12,129,964 | 4,002,022 | 2,903,553 | 20,307,392 |
| 3 | Broadridge Financial Solution, Inc. | 2025 | Timothy Gokey | 1,076,667 | 6,459,215 | 6,953,485 | 1,552,705 | 17,188,658 |
| 4 | TransUnion | 2025 | Christopher Cartwright | 1,058,250 | 12,665,149 | — | 2,852,447 | 16,731,398 |
| 5 | Dun & Bradstreet Holdings, Inc. | 2023 | Anthony Jabbour | 250,000 | 10,000,008 | 0 | 600,000 | 11,303,648 |
| 6 | FactSet Research Systems Inc. | 2025 | F. Philip Snow | 775,000 | 3,750,162 | 3,750,093 | 1,171,376 | 9,460,930 |
| 7 | NIQ Global Intelligence | 2025 | James Peck | 1,000,000 | 0 | 0 | 1,522,500 | 2,623,617 |
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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| NIQ Global Intelligence | not disclosed | not disclosed | not disclosed | not disclosed |
| Broadridge Financial Solution, Inc. | 96% | Options 50 · PSU 50 | No | FW Cook |
| Dun & Bradstreet Holdings, Inc. | 120% | PSU 100 | No | Mercer |
| FactSet Research Systems Inc. | 101% | Options 50 · PSU 50 | No | Meridian Compensation Partners |
| Global Payments Inc. | not disclosed | PSU 50 · Options 25 · RSU 25 | Yes — Relative TSR | FW Cook |
| MSCI Inc. | 96.21% | PSO 70 · PSU 30 | Yes — Absolute TSR CAGR | Semler Brossy |
| TransUnion | 154.0% | RSU 50 · PSU 50 | Yes — Relative TSR | FW Cook |
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.
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, Tracey Massey | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Summary Compensation Table” · page 31. As printed: 12,013,006. Filing ↗machine: r6 · c42 · span 446312–446322 |
| 2 | Section 01, Michael Burwell | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Summary Compensation Table” · page 31. As printed: 8,935,608. Filing ↗machine: r4 · c42 · span 441208–441217 |
| 3 | Section 01, Steen Lomholt-Thomsen | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Summary Compensation Table” · page 31. As printed: 4,665,768. Filing ↗machine: r8 · c42 · span 451420–451429 |
| 4 | Section 01, Shaun Zitting | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Summary Compensation Table” · page 31. As printed: 2,762,739. Filing ↗machine: r9 · c42 · span 454165–454174 |
| 5 | Section 01, James Peck | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Summary Compensation Table” · page 31. As printed: 2,623,617. Filing ↗machine: r2 · c42 · span 436025–436034 |
| 6 | Section 03, Michael Burwell RSU | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 505066–505075 |
| 7 | Section 03, Steen Lomholt-Thomsen RSU | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 522667–522676 |
| 8 | Section 03, Steen Lomholt-Thomsen PSU | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 519682–519688 |
| 9 | Section 03, Tracey Massey PSU | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 510701–510710 |
| 10 | Section 03, Tracey Massey RSU | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 513689–513698 |
| 11 | Section 03, Shaun Zitting RSU | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 532008–532015 |
| 12 | Section 03, Shaun Zitting PSU | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 528296–528305 |
| 13 | Section 07, pay ratio | DEF 14A | 2026-04-09 | 0002054696-26-000009 | Section “CEO Pay Ratio”. As printed: 100 : 1. Filing ↗ |
| 14 | Section 06, 2026 vote | Form 8-K | 2026-05-26 | 0002054696-26-000018 | Item 5.07 · say-on-pay result. As reported: 98.79% (votes for as printed: 253,515,628). Filing ↗ |
| 15 | Section 03b vehicle mix (computed) | 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 |
| 16 | MSCI Inc., Section 10b CEO total | DEF 14A | 2026-03-11 | 0001408198-26-000023 | CEO total compensation as printed in MSCI Inc.'s own proxy. As printed: 33,320,590. Filing ↗machine: r2 · c24 · span 1659848–1659858 |
| 17 | Global Payments Inc., Section 10b CEO total | DEF 14A | 2026-03-17 | 0001104659-26-029453 | CEO total compensation as printed in Global Payments Inc.'s own proxy. As printed: 20,307,392. Filing ↗ |
| 18 | Broadridge Financial Solution, Inc., Section 10b CEO total | DEF 14A | 2025-10-02 | 0001140361-25-037069 | CEO total compensation as printed in Broadridge Financial Solution, Inc.'s own proxy. As printed: 17,188,658. Filing ↗machine: r2 · c28 · span 1255591–1255602 |
| 19 | TransUnion, Section 10b CEO total | DEF 14A | 2026-03-24 | 0001193125-26-121876 | CEO total compensation as printed in TransUnion's own proxy. As printed: 16,731,398. Filing ↗machine: r3 · c34 · span 858177–858187 |
| 20 | Dun & Bradstreet Holdings, Inc., Section 10b CEO total | DEF 14A | 2024-04-25 | 0001104659-24-051611 | CEO total compensation as printed in Dun & Bradstreet Holdings, Inc.'s own proxy. As printed: 11,303,648. Filing ↗machine: r1 · c34 · span 1013399–1013409 |
| 21 | FactSet Research Systems Inc., Section 10b CEO total | DEF 14A | 2025-10-27 | 0001628280-25-046442 | CEO total compensation as printed in FactSet Research Systems Inc.'s own proxy. As printed: 9,460,930. Filing ↗machine: span 790783–790792 |
| 22 | NIQ Global Intelligence (subject), Section 10b CEO total | DEF 14A | 2026-04-09 | 0002054696-26-000009 | CEO total compensation as printed in NIQ Global Intelligence's own proxy. As printed: 2,623,617. Filing ↗machine: r2 · c42 · span 436025–436034 |
| 23 | Section 10a, TransUnion reciprocity | DEF 14A | — | 0001193125-24-073865 | TransUnion's most recent proxy was read; its disclosed peer group does not include NIQ Global Intelligence. Filing ↗ |
| 24 | Section 10a, Dun & Bradstreet Holdings, Inc. reciprocity | DEF 14A | — | 0001104659-24-051611 | Dun & Bradstreet Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include NIQ Global Intelligence. Filing ↗ |
| 25 | Section 10a, Global Payments Inc. reciprocity | DEF 14A | — | 0001104659-25-023451 | Global Payments Inc.'s most recent proxy was read; its disclosed peer group does not include NIQ Global Intelligence. Filing ↗ |
| 26 | Section 10a, MSCI Inc. reciprocity | DEF 14A | — | 0001408198-26-000023 | MSCI Inc.'s most recent proxy was read; its disclosed peer group does not include NIQ Global Intelligence. Filing ↗ |