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 |
|---|---|---|---|---|---|---|---|---|
| Deanna White | $550,000 | $457,008 | $1,909,000 | $0 | $0 | $0 | $17,200 | $2,933,208 |
| Chief Executive Officer | ||||||||
| Oliver Reeves | 500,000 | 430,463 | 708,000 | 0 | 0 | 0 | 0 | 1,638,463 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Deanna White | $2,933,208 | $984,646 | — | +1,948,562 |
| Oliver Reeves | 1,638,463 | 1,997,016 | — | −358,553 |
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 |
|---|---|---|---|---|---|---|---|
| Oliver Reeves Chief | PSU | 2024-01-01 | 430,463 | 500,000 | — | 708,000 | $1,638,463 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Oliver Reeves Chief | $0 | $1,638,463 | $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 |
|---|---|---|---|---|
| Deanna White | RSU | 400,000 | — | $776,000 |
| Oliver Reeves | RSU | 300,000 | — | 582,000 |
| Deanna White | Option | 78,571 | 6.17 | — |
| Deanna White | Option | 83,434 | 2.63 | — |
| Oliver Reeves | Option | 171,428 | 9.24 | — |
| Oliver Reeves | Option | 53,571 | 6.17 | — |
| Sudhin Shahani | Option | 100,411,448 | 8.07 | — |
| Sudhin Shahani | Option | 50,205,724 | 16.14 | — |
| Sudhin Shahani | Option | 33,470,482 | 24.21 | — |
| Sudhin Shahani | Option | 25,102,862 | 32.28 | — |
| Sudhin Shahani | Option | 20,082,289 | 40.35 | — |
| Sudhin Shahani | Option | 16,735,241 | 48.42 | — |
The Company's compensation program is designed to attract, motivate, retain, and reward employees and other eligible persons, with a focus on aligning the interests of executive officers with those of stockholders through equity-based incentives and performance-based bonuses.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | — |
| Anti-pledging | — |
| Ratio (CEO : median employee) | 2 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Sudhin ShahaniNot independent · Governance | — | — | — | — | $593,752 | $593,752 |
| Carl AlbertIndependent · Board Chair · Audit (Chair) · Compensation (Chair) · Nominating and Corporate Governance (Chair) · Not standing for re-election | 117,000 | 329,341 | — | — | — | 446,341 |
| John D'Agostino | 67,500 | 329,341 | — | — | — | 396,841 |
| Bruce HackIndependent · Audit · Compensation | 57,500 | 329,341 | — | — | — | 386,841 |
| Ed MadyIndependent · Compensation Committee | 45,000 | 329,341 | — | — | — | 374,341 |
| Tyler PainterIndependent · Audit | 35,000 | 329,341 | — | — | — | 364,341 |
| Shawn PelsingerIndependent · Nominating and Corporate Governance | 8,750 | 313,592 | — | — | — | 322,342 |
| David AndermanNot independent · Governance | 35,000 | — | — | — | 247,942 | 282,942 |
| Annual cash retainer | $35,000 |
|---|---|
| Annual equity retainer | $115,500 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 15,000 |
| Stock ownership guideline | $5 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $365,750 |
| Equity awards (grant-date value) | $1,960,297 |
| All other compensation | $841,694 |
| Total cost of the board | $3,167,741 |
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.
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 | SURF AIR MOBILITY INC. | 2025 | Deanna White | $550,000 | $1,909,000 | $0 | $0 | $2,933,208 |
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.
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, Deanna White | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Summary Compensation Table - Fiscal Years 2025 and 2024” · page 19. As printed: 2,933,208. Filing ↗machine: r2 · c22 · span 372637–372646 |
| 2 | Section 01, Oliver Reeves | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Summary Compensation Table - Fiscal Years 2025 and 2024” · page 19. As printed: 1,638,463. Filing ↗machine: r4 · c22 · span 382541–382550 |
| 3 | Section 03, Oliver Reeves Chief PSU | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 382541–382550 |
| 4 | Section 07, pay ratio | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “CEO Pay Ratio”. As printed: 2 : 1. Filing ↗ |
| 5 | Section 08, Sudhin Shahani | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 593,752. Filing ↗machine: span 325110–325302 |
| 6 | Section 08, Carl Albert | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 446,341. Filing ↗machine: span 298206–298385 |
| 7 | Section 08, John D'Agostino | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 396,841. Filing ↗machine: span 308769–308948 |
| 8 | Section 08, Bruce Hack | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 386,841. Filing ↗machine: span 312275–312454 |
| 9 | Section 08, Ed Mady | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 374,341. Filing ↗machine: span 315778–315957 |
| 10 | Section 08, Tyler Painter | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 364,341. Filing ↗machine: span 319287–319466 |
| 11 | Section 08, Shawn Pelsinger | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 322,342. Filing ↗machine: span 322765–322944 |
| 12 | Section 08, David Anderman | DEF 14A | 2026-06-10 | 0001140361-26-024787 | Section “Director Compensation”. As printed: 282,942. Filing ↗machine: span 301730–301909 |
| 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 365,750 + equity 1,960,297 + all other 841,694 = 3,167,741, summed across the director compensation table rows.machine: formula: Σ = 3,167,741 |
| 16 | SURF AIR MOBILITY INC. (subject), Section 10b CEO total | DEF 14A | 2026-06-10 | 0001140361-26-024787 | CEO total compensation as printed in SURF AIR MOBILITY INC.'s own proxy. As printed: 2,933,208. Filing ↗machine: r2 · c22 · span 372637–372646 |