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 VOYG 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 VOYG 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 |
|---|---|---|---|---|---|---|---|---|
| Dylan Taylor | $400,000 | $0 | $1,395,000 | $2,787,648 | $0 | $0 | $96,808 | $4,679,456 |
| Chairman and Chief Executive Officer | ||||||||
| Matthew Kuta | 382,198 | 0 | 1,550,000 | 2,090,736 | 600,000 | 0 | 38,000 | 4,660,934 |
| President | ||||||||
| Filipe De Sousa | 408,879 | 0 | 930,000 | 696,912 | 400,000 | 0 | 10,462 | 2,446,253 |
| 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 |
|---|---|---|---|---|
| Dylan Taylor | $4,679,456 | $1,274,853 | — | +3,404,603 |
| Matthew Kuta | 4,660,934 | 960,000 | — | +3,700,934 |
| Filipe De Sousa | 2,446,253 | 855,511 | — | +1,590,742 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| William Shelton | Director | 2026-05-29 | A | 3,130 | $0 | $0 | Common | Form 4 ↗ |
| Cheryl Shavers | Director | 2026-05-29 | A | 3,130 | 0 | 0 | Common | Form 4 ↗ |
| Gabe Finke | Director | 2026-05-29 | A | 3,130 | 0 | 0 | Common | Form 4 ↗ |
| Alan Stern | Director | 2026-05-29 | A | 3,130 | 0 | 0 | Common | Form 4 ↗ |
| Marian Joh | Director | 2026-05-29 | A | 3,130 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Dylan Taylor | Option | — | — | — | — | — | $2,787,648 |
| Filipe De Sousa | Option | — | — | — | — | — | 696,912 |
| Filipe De Sousa | RSA | — | — | — | — | — | 930,000 |
| Dylan Taylor | RSA | — | — | — | — | — | 1,395,000 |
| Matthew Kuta | Option | — | — | — | — | — | 2,090,736 |
| Matthew Kuta | RSA | — | — | — | — | — | 1,550,000 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Dylan Taylor | $0 | $0 | $2,787,648 | 0.0% |
| Filipe De Sousa | 0 | 0 | 696,912 | 0.0% |
| Matthew Kuta | 0 | 0 | 2,090,736 | 0.0% |
% 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 |
|---|---|---|---|---|
| Dylan Taylor | Option | 150,000 | 21.76 | — |
| Matthew Kuta | Option | 112,500 | 21.76 | — |
| Dylan Taylor | RSU | 45,000 | — | 1,176,300 |
| Filipe De Sousa | RSU | 30,000 | — | 784,200 |
| Matthew Kuta | RSU | 50,000 | — | 1,307,000 |
| Filipe De Sousa | Option | 37,500 | 21.76 | — |
For the year ended December 31, 2025, the compensation for our NEOs generally consisted of a base salary, cash bonuses and equity awards. These elements (and the amounts of compensation and benefits under each element) were selected because we believe they are necessary to help us attract and retain the executive talent that is fundamental to our success.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Marian JohIndependent · Audit (Chair) · Nominating/Governance | $135,000 | $232,500 | $278,765 | — | $0 | $646,265 |
| Alan SternIndependent · Audit · Compensation · Nominating/Governance | 130,000 | 232,500 | 278,765 | — | 0 | 641,265 |
| Gabe FinkeIndependent · Audit · Compensation (Chair) | 125,000 | 232,500 | 278,765 | — | 0 | 636,265 |
| William SheltonIndependent · Compensation · Nominating/Governance (Chair) | 125,000 | 232,500 | 278,765 | — | 0 | 636,265 |
| Cheryl ShaversIndependent · Compensation · Nominating/Governance | 120,000 | 232,500 | 278,765 | — | 0 | 631,265 |
| Matthew KutaEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Dylan TaylorEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $511,265 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 10,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $635,000 |
| Equity awards (grant-date value) | $1,162,500 |
| All other compensation | $0 |
| Total cost of the board | $1,797,500 |
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 | Voyager Technologies | 2025 | Dylan Taylor | $400,000 | $1,395,000 | $2,787,648 | $0 | $4,679,456 |
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, Dylan Taylor | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “Summary Compensation Table” · page 24. As printed: 4,679,456. Filing ↗machine: r2 · c48 · span 350635–350644 |
| 2 | Section 01, Matthew Kuta | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “Summary Compensation Table” · page 24. As printed: 4,660,934. Filing ↗machine: r4 · c48 · span 357668–357677 |
| 3 | Section 01, Filipe De Sousa | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “Summary Compensation Table” · page 24. As printed: 2,446,253. Filing ↗machine: t36 · r6 · c22 · span 364568–364577 |
| 4 | Section 03, Dylan Taylor Option | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r2 · c13 · span 349251–349260 |
| 5 | Section 03, Filipe De Sousa Option | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r6 · c13 · span 363342–363349 |
| 6 | Section 03, Filipe De Sousa RSA | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r6 · c10 · span 362933–362940 |
| 7 | Section 03, Dylan Taylor RSA | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r2 · c10 · span 348788–348797 |
| 8 | Section 03, Matthew Kuta Option | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r4 · c13 · span 356440–356449 |
| 9 | Section 03, Matthew Kuta RSA | DEF 14A | 2026-04-17 | 0001628280-26-025842 | Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r4 · c10 · span 356029–356038 |
| 10 | Section 07, pay ratio | 10-K | 2026-03-10 | 0001628280-26-016543 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 11 | Section 08, Marian Joh | DEF 14A | 2026-04-21 | 0001628280-26-026273 | Section “Director Compensation”. As printed: 646,265. Filing ↗machine: t27 · r6 · c8 · span 273429–273436 |
| 12 | Section 08, Alan Stern | DEF 14A | 2026-04-21 | 0001628280-26-026273 | Section “Director Compensation”. As printed: 641,265. Filing ↗machine: t27 · r4 · c8 · span 270405–270412 |
| 13 | Section 08, Gabe Finke | DEF 14A | 2026-04-21 | 0001628280-26-026273 | Section “Director Compensation”. As printed: 636,265. Filing ↗machine: t27 · r3 · c8 · span 267385–267392 |
| 14 | Section 08, William Shelton | DEF 14A | 2026-04-21 | 0001628280-26-026273 | Section “Director Compensation”. As printed: 636,265. Filing ↗machine: t27 · r2 · c8 · span 267385–267392 |
| 15 | Section 08, Cheryl Shavers | DEF 14A | 2026-04-21 | 0001628280-26-026273 | Section “Director Compensation”. As printed: 631,265. Filing ↗machine: t27 · r5 · c8 · span 271919–271926 |
| 16 | Section 08, Matthew Kuta | DEF 14A | 2026-04-21 | 0001628280-26-026273 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 17 | Section 08, Dylan Taylor | DEF 14A | 2026-04-21 | 0001628280-26-026273 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 02, William Shelton 2026-05-29 | Form 4 | 2026-06-01 | 0001628280-26-039634 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Cheryl Shavers 2026-05-29 | Form 4 | 2026-06-01 | 0001628280-26-039630 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Gabe Finke 2026-05-29 | Form 4 | 2026-06-01 | 0001628280-26-039643 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Alan Stern 2026-05-29 | Form 4 | 2026-06-01 | 0001628280-26-039628 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Marian Joh 2026-05-29 | Form 4 | 2026-06-01 | 0001628280-26-039637 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | 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) |
| 24 | 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 |
| 25 | Section 09b board cost (computed) | Computed | — | computed | Cash 635,000 + equity 1,162,500 + all other 0 = 1,797,500, summed across the director compensation table rows.machine: formula: Σ = 1,797,500 |
| 26 | Voyager Technologies (subject), Section 10b CEO total | DEF 14A | 2026-04-17 | 0001628280-26-025842 | CEO total compensation as printed in Voyager Technologies's own proxy. As printed: 4,679,456. Filing ↗machine: r2 · c48 · span 350635–350644 |