Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2025-12-29

Phoenix Education Partners (PXED)

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.

$10,654,989
Christopher Lynne total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against PXED
No companies currently name PXED as a compensation peer in their most recent disclosure.

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

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Christopher Lynne$895,703$3,276,480$0$0$1,883,520$0$4,599,286$10,654,989
Chief Executive Officer
Srini Medi427,4381,565,81600448,37201,931,3084,372,934
Chief Legal Officer and Secretary
Blair Westblom443,5441,603,68000706,32001,121,1573,874,701
Chief Financial Officer and Treasurer

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 FY20242025
Christopher Lynne$10,654,989
Srini Medi4,372,934
Blair Westblom3,874,701

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

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
Srini MediOption26,9728.58
Srini MediOption102,66910.61
Christopher LynneOption277,20010.61
Christopher LynneOption115,5845.23
Christopher LynneOption75,26011.04
Srini MediOption20,00010.9
Srini MediOption60,05211.04
Blair WestblomOption34,6803.79
Blair WestblomOption3,8525.23
Blair WestblomOption19,10811.04
Blair WestblomOption61,60210.61
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedging
Anti-pledging
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Christopher LynneEmployee director$0
Martin H. NesbittIndependent
Itai WallachIndependent · Compensation
Jeffrey DenhamIndependent · Audit
Johannes WorsoeIndependent
Theodore KwonIndependent · Compensation (Chair)
John SizerIndependent · Audit (Chair)
Peter CohenNot independent · Audit
Andrew BirdIndependent · Nominating and Corporate Governance (Chair)
Adnan A. NisarIndependent · Compensation
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$130,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 12,500
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
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.

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
1Phoenix Education Partners2025Christopher Lynne$895,703$0$0$1,883,520$10,654,989

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.

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, Christopher LynneDEF 14A2025-12-290001193125-25-335285Section “Executive Compensation”. As printed: 10,654,989. Filing ↗machine: r2 · c35 · span 220350–220360
2Section 01, Srini MediDEF 14A2025-12-290001193125-25-335285Section “Executive Compensation”. As printed: 4,372,934. Filing ↗machine: r4 · c35 · span 226315–226324
3Section 01, Blair WestblomDEF 14A2025-12-290001193125-25-335285Section “Executive Compensation”. As printed: 3,874,701. Filing ↗machine: r5 · c35 · span 229587–229596
4Section 08, Christopher LynneDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: 0. Filing ↗
5Section 08, Martin H. NesbittDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
6Section 08, Itai WallachDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
7Section 08, Jeffrey DenhamDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
8Section 08, Johannes WorsoeDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
9Section 08, Theodore KwonDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
10Section 08, John SizerDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
11Section 08, Peter CohenDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
12Section 08, Andrew BirdDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
13Section 08, Adnan A. NisarDEF 14A2025-12-290001193125-25-335285Section “Director Compensation”. As printed: —. Filing ↗
14Section 09b board cost (computed)ComputedcomputedCash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0
15Phoenix Education Partners (subject), Section 10b CEO totalDEF 14A2025-12-290001193125-25-335285CEO total compensation as printed in Phoenix Education Partners's own proxy. As printed: 10,654,989. Filing ↗machine: r2 · c35 · span 220350–220360