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 OSW 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 OSW 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 |
|---|---|---|---|---|---|---|---|---|
| Leonard Fluxman | $975,062 | $0 | $4,499,984 | $0 | $1,445,042 | $0 | $95,797 | $7,015,885 |
| Executive Chairman and Chief Executive Officer | ||||||||
| Stephen Lazarus | 683,663 | 0 | 2,499,987 | 0 | 829,920 | 0 | 83,721 | 4,097,291 |
| President, Chief Financial Officer and Chief Operating Officer | ||||||||
| Susan Bonner | 110,165 | 0 | 0 | 0 | 114,465 | 0 | 1,092,380 | 1,317,010 |
| Former Chief Commercial 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 |
|---|---|---|---|---|
| Leonard Fluxman | $7,015,885 | $6,066,502 | $5,884,805 | +949,383 |
| Stephen Lazarus | 4,097,291 | 2,855,847 | 2,745,449 | +1,241,444 |
| Susan Bonner | 1,317,010 | 2,355,774 | 2,034,364 | −1,038,764 |
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 |
|---|---|---|---|---|---|---|---|
| Leonard Fluxman | PSU | 2025-12-09 | 57,781 | 115,562 | — | 231,124 | $2,249,992 |
| Leonard Fluxman | RSU | 2025-12-09 | — | — | 115,562 | — | — |
| Stephen Lazarus | RSU | 2025-12-09 | — | — | 64,201 | — | — |
| Stephen Lazarus | PSU | 2025-12-09 | 32,101 | 64,201 | — | 128,402 | 1,249,993 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Leonard Fluxman | $0 | $2,249,992 | $0 | 100.0% |
| Stephen Lazarus | 0 | 1,249,993 | 0 | 100.0% |
% 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 |
|---|---|---|---|---|
| Leonard Fluxman | PSU | 231,124 | — | $4,793,512 |
| Leonard Fluxman | PSU | 153,846 | — | 3,190,766 |
| Stephen Lazarus | PSU | 128,402 | — | 2,663,057 |
| Leonard Fluxman | RSU | 115,562 | — | 2,396,756 |
| Leonard Fluxman | RSU | 82,103 | — | 1,702,816 |
| Stephen Lazarus | RSU | 64,201 | — | 1,331,529 |
| Stephen Lazarus | PSU | 64,102 | — | 1,329,475 |
| Leonard Fluxman | RSU | 51,282 | — | 1,063,589 |
| Stephen Lazarus | RSU | 33,058 | — | 685,623 |
| Stephen Lazarus | RSU | 21,367 | — | 443,152 |
Our compensation philosophy is centered around attracting and retaining high-performing talent aligned with our corporate culture, motivating performance, and aligning the interests of our executives with those of our shareholders. We employ a pay-for-performance philosophy, linking a significant portion of executive compensation to the achievement of targeted financial results driven by strong operational execution and leadership.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Mercer (US) LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-03 | 88,518,672 | 4,679,736 | 851,217 | 94.98% | Passed |
| 2025 | 2025-06-09 | 86,225,655 | 5,450,983 | 867,891 | 94.05% | Passed |
| 2024 | 2024-06-05 | 80,544,759 | 7,661,443 | 147,711 | 91.31% | 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 | 2026-06-03 | 94.98%a |
| 2025 | 2025-06-09 | 94.05%b |
| 2024 | 2024-06-05 | 91.31%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.
| Ratio (CEO : median employee) | 265 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $26,510 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Leonard FluxmanEmployee director · Board Chair | — | — | — | — | — | $0 |
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $125,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 25,000 / 25,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $0 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $0 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Onespaworld Holdings 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 Onespaworld Holdings.
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 | Travel + Leisure | 2025 | Michael Brown | $1,331,756 | $10,849,962 | $0 | $3,331,300 | $16,000,693 |
| 2 | Marriott Vacations Worldwide | 2025 | John Geller | 888,462 | 5,599,984 | 1,399,992 | 0 | 14,344,132 |
| 3 | Wyndham Hotels & Resorts | 2025 | Geoffrey Ballotti | 1,426,935 | 11,999,818 | 0 | 0 | 13,551,700 |
| 4 | e.l.f. Beauty | 2026 | Tarang Amin | 475,000 | 7,399,867 | 0 | 950,000 | 8,834,367 |
| 5 | Choice Hotels International | 2025 | Patrick Pacious | 1,288,462 | 4,000,098 | 0 | 2,464,423 | 8,074,700 |
| 6 | Onespaworld Holdings | 2025 | Leonard Fluxman | 975,062 | 4,499,984 | 0 | 1,445,042 | 7,015,885 |
| 7 | Olaplex | 2025 | Amanda Baldwin | 1,000,000 | 5,000,000 | 0 | 515,000 | 6,541,537 |
| 8 | Pursuit Attractions and Hospitality | 2025 | David Barry | 729,809 | 3,723,854 | 0 | 904,501 | 5,372,361 |
| 9 | National Vision Holdings | 2025 | Alexander Wilkes | 734,616 | 3,156,887 | 0 | 1,259,468 | 5,198,862 |
| 10 | Healthcare Services Group | 2025 | Theodore Wahl | 1,005,108 | 2,475,457 | 818,544 | 330,851 | 4,725,723 |
| 11 | USANA Health Sciences | 2025 | Jim Brown | 821,231 | 3,147,020 | 0 | 339,168 | 4,339,625 |
| — | Frontdoor | — | — | — | — | — | — | not in coverage universe |
| — | Life Time Group | — | — | — | — | — | — | 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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Onespaworld Holdings | not disclosed | RSU 50 · PSU 50 | not disclosed | Mercer (US) LLC |
| Choice Hotels International | 95.5% | PSU 100 | No | Meridian Compensation Partners |
| e.l.f. Beauty | 200% | PSU 50 · RSU 50 | No | Aon (Aon's Human Capital Solutions practice, a division of Aon plc.) |
| Frontdoor | not disclosed | not disclosed | not disclosed | not disclosed |
| Healthcare Services Group | not disclosed | not disclosed | Yes — relative Total Shareholder Return (TSR) | Independent compensation consultant (name not specified in provided text) |
| Life Time Group | not disclosed | not disclosed | not disclosed | not disclosed |
| Marriott Vacations Worldwide | 67.27% | PSU 50 · RSU 30 · Options 20 | No | Exequity LLP |
| National Vision Holdings | 196.6% | PSU 50 · RSU 50 | No | Meridian Compensation Partners, LLC |
| Olaplex | 103% | RSU 100 | not disclosed | Aon |
| Pursuit Attractions and Hospitality | not disclosed | not disclosed | not disclosed | not disclosed |
| Travel + Leisure | 142.8% | PSU 50 · RSU 50 | No | Aon |
| USANA Health Sciences | 14.6% of base salary for most NEOs; 41.3% for Jim Brown (CEO); 15% for Brent Neidig (whose bonus excluded the Hiya segment)% | not disclosed | Yes — Positive absolute Total Shareholder Return (TSR) | CODA |
| Wyndham Hotels & Resorts | not disclosed | RSU 50 · PSU 50 | No | Aon (Human Capital Solutions practice) |
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, Leonard Fluxman | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Executive Compensation”. As printed: 7,015,885. Filing ↗machine: r2 · c32 · span 1080096–1080105 |
| 2 | Section 01, Stephen Lazarus | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Executive Compensation”. As printed: 4,097,291. Filing ↗machine: r7 · c32 · span 1137834–1137843 |
| 3 | Section 01, Susan Bonner | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Executive Compensation”. As printed: 1,317,010. Filing ↗machine: r12 · c32 · span 1196063–1196072 |
| 4 | Section 03, Leonard Fluxman PSU | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1288883–1288892 |
| 5 | Section 03, Leonard Fluxman RSU | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1302577–1302584 |
| 6 | Section 03, Stephen Lazarus RSU | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1348865–1348871 |
| 7 | Section 03, Stephen Lazarus PSU | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1335171–1335180 |
| 8 | Section 07, pay ratio | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “CEO Pay Ratio”. As printed: 265 : 1. Filing ↗machine: span 1673673–1673676 |
| 9 | Section 08, Leonard Fluxman | DEF 14A | 2026-04-24 | 0001193125-26-177137 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 10 | Section 06, 2026 vote | Form 8-K | 2026-06-04 | 0001193125-26-257367 | Item 5.07 · say-on-pay result. As reported: 94.98% (votes for as printed: 88,518,672). Filing ↗ |
| 11 | Section 06, 2025 vote | Form 8-K | 2025-06-12 | 0000950170-25-085377 | Item 5.07 · say-on-pay result. As reported: 94.05% (votes for as printed: 86,225,655). Filing ↗ |
| 12 | Section 06, 2024 vote | Form 8-K | 2024-06-10 | 0000950170-24-071366 | Item 5.07 · say-on-pay result. As reported: 91.31% (votes for as printed: 80,544,759). Filing ↗ |
| 13 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 14 | 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 |
| 15 | Section 09b board cost (computed) | Computed | — | computed | Cash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0 |
| 16 | Travel + Leisure, Section 10b CEO total | DEF 14A | 2026-04-10 | 0001361658-26-000019 | CEO total compensation as printed in Travel + Leisure's own proxy. As printed: 16,000,693. Filing ↗machine: r2 · c21 · span 1085495–1085505 |
| 17 | Marriott Vacations Worldwide, Section 10b CEO total | DEF 14A | 2026-03-26 | 0001193125-26-125219 | CEO total compensation as printed in Marriott Vacations Worldwide's own proxy. As printed: 14,344,132. Filing ↗machine: t253 · r5 · c34 · span 833147–833157 |
| 18 | Wyndham Hotels & Resorts, Section 10b CEO total | DEF 14A | 2026-03-25 | 0001722684-26-000050 | CEO total compensation as printed in Wyndham Hotels & Resorts's own proxy. As printed: 13,551,700. Filing ↗machine: r2 · c48 · span 701393–701403 |
| 19 | e.l.f. Beauty, Section 10b CEO total | DEF 14A | 2026-07-08 | 0001600033-26-000030 | CEO total compensation as printed in e.l.f. Beauty's own proxy. As printed: 8,834,367. Filing ↗machine: r2 · c36 · span 1742102–1742112 |
| 20 | Choice Hotels International, Section 10b CEO total | DEF 14A | 2026-04-22 | 0001046311-26-000013 | CEO total compensation as printed in Choice Hotels International's own proxy. As printed: 8,074,700. Filing ↗machine: r2 · c27 · span 1071913–1071922 |
| 21 | Onespaworld Holdings (subject), Section 10b CEO total | DEF 14A | 2026-04-24 | 0001193125-26-177137 | CEO total compensation as printed in Onespaworld Holdings's own proxy. As printed: 7,015,885. Filing ↗machine: r2 · c32 · span 1080096–1080105 |
| 22 | Olaplex, Section 10b CEO total | DEF 14A | 2026-05-29 | 0001868726-26-000044 | CEO total compensation as printed in Olaplex's own proxy. As printed: 6,541,537. Filing ↗machine: t27 · r3 · c8 · span 629363–629372 |
| 23 | Pursuit Attractions and Hospitality, Section 10b CEO total | DEF 14A | 2026-04-15 | 0001193125-26-156063 | CEO total compensation as printed in Pursuit Attractions and Hospitality's own proxy. As printed: 5,372,361. Filing ↗machine: r6 · c9 · span 1560305–1560314 |
| 24 | National Vision Holdings, Section 10b CEO total | DEF 14A | 2026-05-04 | 0001140361-26-018642 | CEO total compensation as printed in National Vision Holdings's own proxy. As printed: 5,198,862. Filing ↗machine: r5 · c25 · span 1093143–1093152 |
| 25 | Healthcare Services Group, Section 10b CEO total | DEF 14A | 2026-04-15 | 0000731012-26-000021 | CEO total compensation as printed in Healthcare Services Group's own proxy. As printed: 4,725,723. Filing ↗machine: r3 · c16 · span 1104226–1104235 |
| 26 | USANA Health Sciences, Section 10b CEO total | DEF 14A | 2026-04-07 | 0000896264-26-000026 | CEO total compensation as printed in USANA Health Sciences's own proxy. As printed: 4,339,625. Filing ↗machine: span 527796–527806 |
| 27 | Section 10a, Choice Hotels International reciprocity | DEF 14A | — | 0001046311-26-000013 | Choice Hotels International's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 28 | Section 10a, Travel + Leisure reciprocity | DEF 14A | — | 0001361658-26-000019 | Travel + Leisure's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 29 | Section 10a, National Vision Holdings reciprocity | DEF 14A | — | 0001140361-26-018642 | National Vision Holdings's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 30 | Section 10a, e.l.f. Beauty reciprocity | DEF 14A | — | 0001600033-26-000030 | e.l.f. Beauty's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 31 | Section 10a, USANA Health Sciences reciprocity | DEF 14A | — | 0000896264-26-000026 | USANA Health Sciences's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 32 | Section 10a, Pursuit Attractions and Hospitality reciprocity | DEF 14A | — | 0001193125-26-156063 | Pursuit Attractions and Hospitality's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 33 | Section 10a, Healthcare Services Group reciprocity | DEF 14A | — | 0000731012-26-000021 | Healthcare Services Group's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 34 | Section 10a, Marriott Vacations Worldwide reciprocity | DEF 14A | — | 0001193125-26-125219 | Marriott Vacations Worldwide's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |
| 35 | Section 10a, Wyndham Hotels & Resorts reciprocity | DEF 14A | — | 0001722684-26-000050 | Wyndham Hotels & Resorts's most recent proxy was read; its disclosed peer group does not include Onespaworld Holdings. Filing ↗ |