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 VELO 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 VELO 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 |
|---|---|---|---|---|---|---|---|---|
| Hull Xu | $375,202 | $2,000 | $709,141 | $0 | $0 | $0 | $10,820 | $1,097,163 |
| Former Chief Financial Officer | ||||||||
| Arun Jeldi | 415,609 | 2,000 | 664,343 | 0 | 0 | 0 | 12,080 | 1,094,032 |
| Chief Executive Officer | ||||||||
| Michelle Sidwell | 368,125 | 2,000 | 418,004 | 0 | 285,938 | 0 | 12,752 | 1,086,819 |
| Chief Revenue Officer | ||||||||
| Bradley Kreger | 157,247 | 0 | 602,815 | 0 | 0 | 0 | 205,895 | 965,957 |
| Former Chief Operating Officer | ||||||||
| Bernard Chung | 147,049 | 2,000 | 312,342 | 0 | 0 | 0 | 5,354 | 466,745 |
| Controller and Former Acting 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 |
|---|---|---|---|---|
| Hull Xu | $1,097,163 | — | — | — |
| Arun Jeldi | 1,094,032 | — | — | — |
| Michelle Sidwell | 1,086,819 | — | — | — |
| Bradley Kreger | 965,957 | — | — | — |
| Bernard Chung | 466,745 | — | — | — |
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 | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Bernard Chung | RSU | 47,253 | — | $649,256 |
| Arun Jeldi | RSU | 50,329 | — | 691,521 |
| Bernard Chung | RSU | 31,667 | — | 435,105 |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-10 | 11,417,043 | 96,435 | 26,666 | 99.16% | 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 | 2026-06-10 | 99.16%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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Adrian KepplerIndependent · AUDIT COMMITTEE · COMPENSATION COMMITTEE · NOMINATING AND GOVERNANCE COMMITTEE (Chair) | $71,000 | $93,918 | — | — | — | $164,918 |
| Stefan KrauseIndependent · AUDIT COMMITTEE (Chair) | 60,500 | 93,918 | — | — | — | 154,418 |
| Jason LloydIndependent · Lead Independent Director · AUDIT COMMITTEE · COMPENSATION COMMITTEE (Chair) · NOMINATING AND GOVERNANCE COMMITTEE | 48,167 | 105,604 | — | — | — | 153,771 |
| Kenneth ThienemanNot independent · Nominating and Governance | 34,167 | 105,604 | — | — | — | 139,771 |
| Michael IdelchikIndependent · Compensation · Departed during FY | 23,667 | 0 | — | — | — | 23,667 |
| Arun JeldiEmployee director · Board Chair · Nominating and Governance | — | — | — | — | — | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,500 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $237,501 |
| Equity awards (grant-date value) | $399,044 |
| All other compensation | $0 |
| Total cost of the board | $636,545 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Velo3D | 2025 | Arun Jeldi | $415,609 | $664,343 | $0 | $0 | $1,094,032 |
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, Hull Xu | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Executive Compensation”. As printed: 1,097,163. Filing ↗machine: r6 · c25 · span 736470–736479 |
| 2 | Section 01, Arun Jeldi | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Executive Compensation”. As printed: 1,094,032. Filing ↗machine: r2 · c25 · span 697432–697441 |
| 3 | Section 01, Michelle Sidwell | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Executive Compensation”. As printed: 1,086,819. Filing ↗machine: r10 · c25 · span 775543–775552 |
| 4 | Section 01, Bradley Kreger | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Executive Compensation”. As printed: 965,957. Filing ↗machine: r4 · c25 · span 716950–716957 |
| 5 | Section 01, Bernard Chung | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Executive Compensation”. As printed: 466,745. Filing ↗machine: r8 · c25 · span 755996–756003 |
| 6 | Section 08, Adrian Keppler | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Director Compensation”. As printed: 164,918. Filing ↗machine: span 372096–372103 |
| 7 | Section 08, Stefan Krause | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Director Compensation”. As printed: 154,418. Filing ↗machine: span 376912–376919 |
| 8 | Section 08, Jason Lloyd | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Director Compensation”. As printed: 153,771. Filing ↗machine: span 367279–367286 |
| 9 | Section 08, Kenneth Thieneman | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Director Compensation”. As printed: 139,771. Filing ↗machine: span 381893–381900 |
| 10 | Section 08, Michael Idelchik | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Director Compensation”. As printed: 23,667. Filing ↗machine: span 362305–362311 |
| 11 | Section 08, Arun Jeldi | DEF 14A | 2026-04-27 | 0001825079-26-000007 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 12 | Section 06, 2026 vote | Form 8-K | 2026-06-15 | 0001193125-26-271070 | Item 5.07 · say-on-pay result. As reported: 99.16% (votes for as printed: 11,417,043). Filing ↗ |
| 13 | Section 09b board cost (computed) | Computed | — | computed | Cash 237,501 + equity 399,044 + all other 0 = 636,545, summed across the director compensation table rows.machine: formula: Σ = 636,545 |
| 14 | Velo3D (subject), Section 10b CEO total | DEF 14A | 2026-04-27 | 0001825079-26-000007 | CEO total compensation as printed in Velo3D's own proxy. As printed: 1,094,032. Filing ↗machine: r2 · c25 · span 697432–697441 |