Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-13

Voyager Technologies (VOYG)

CEO Dylan Taylor was paid $4,679,456 in fiscal year 2025, ↑ up 267.1% from fiscal year 2024 (SEC filing 0001628280-26-025842 ↗): 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.

$4,679,456 ↑
Dylan Taylor total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Dylan Taylor (Chairman and Chief Executive Officer), FY2025 total compensation $4,679,456 (base salary $400,000) [exec_comp, SEC accession 0001628280-26-025842, filed 2026-04-17]

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VOYG's next annual pay disclosure, estimated April 17, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Dylan Taylor$400,000$0$1,395,000$2,787,648$0$0$96,808$4,679,456
Chairman and Chief Executive Officer
Matthew Kuta382,19801,550,0002,090,736600,000038,0004,660,934
President
Filipe De Sousa408,8790930,000696,912400,000010,4622,446,253
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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Dylan Taylor$4,679,456$1,274,853—↑ +3,404,603
Matthew Kuta4,660,934960,000—↑ +3,700,934
Filipe De Sousa2,446,253855,511—↑ +1,590,742

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

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Companies that benchmark against VOYG
1 company names VOYG as a compensation peer

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.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alan SternIndependent Director$641,265
Cheryl ShaversIndependent Director$631,265
Gabe FinkeIndependent Director$636,265
Marian JohIndependent Director$646,265
William SheltonIndependent Director$636,265
02

Equity transactions since the proxy statement was filed

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
William SheltonDirector2026-05-29A3,130$0$0CommonForm 4 ↗
Gabe FinkeDirector2026-05-29A3,13000CommonForm 4 ↗
Cheryl ShaversDirector2026-05-29A3,13000CommonForm 4 ↗
Alan SternDirector2026-05-29A3,13000CommonForm 4 ↗
Marian JohDirector2026-05-29A3,13000CommonForm 4 ↗
Matthew KutaDirector2026-08-11D1,7934478,954CommonForm 4 ↗
Matthew KutaDirector2026-08-11D38,241431,629,969CommonForm 4 ↗
Matthew KutaDirector2026-08-11D146,303436,317,422CommonForm 4 ↗
Matthew KutaDirector2026-08-11D13,47042559,796CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Dylan TaylorOption—————$2,787,648
Filipe De SousaRSA—————930,000
Matthew KutaOption—————2,090,736
Filipe De SousaOption—————696,912
Dylan TaylorRSA—————1,395,000
Matthew KutaRSA—————1,550,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Dylan Taylor$0$0$2,787,6480.0%
Filipe De Sousa00696,9120.0%
Matthew Kuta002,090,7360.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Filipe De SousaRSU30,000—$784,200
Matthew KutaRSU50,000—1,307,000
Dylan TaylorRSU45,000—1,176,300
Dylan TaylorOption150,00021.76—
Matthew KutaOption112,50021.76—
Filipe De SousaOption37,50021.76—
05

Incentive-plan design — the Compensation Discussion & Analysis

Compensation is designed to attract and retain executive talent fundamental to the company's success, consisting of base salary, cash bonuses, and equity awards.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedging—
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-29—————

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.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-29—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.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Marian JohIndependent · Audit · Nominating and Corporate Governance$135,000$232,500$278,765——$646,265
Alan SternIndependent · Audit · Compensation · Nominating and Corporate Governance130,000232,500278,765——641,265
William SheltonIndependent · Compensation · Nominating and Corporate Governance (Chair)125,000232,500278,765——636,265
Gabe FinkeIndependent · Audit · Compensation (Chair)125,000232,500278,765——636,265
Cheryl ShaversIndependent · Compensation · Nominating and Corporate Governance120,000232,500278,765——631,265
Matthew KutaEmployee director—————0
Dylan TaylorEmployee director · Board Chair—————0
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$155,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 5,000 / 15,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
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.

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
1Voyager Technologies2025Dylan 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.

10d

Frequently asked questions

Who was the highest-paid executive at Voyager Technologies in fiscal 2025?
As disclosed, Dylan Taylor (Chairman and Chief Executive Officer) was the highest-paid executive at Voyager Technologies in fiscal 2025, with total compensation of $4,679,456.
How much does Voyager Technologies spend in total on board compensation for fiscal 2025?
As disclosed, Voyager Technologies reported total board compensation of $1,797,500 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, Dylan TaylorDEF 14A2026-04-170001628280-26-025842Section “Summary Compensation Table” · page 24. As printed: 4,679,456. Filing ↗machine: r2 · c48 · span 350635–350644
2Section 01, Matthew KutaDEF 14A2026-04-170001628280-26-025842Section “Summary Compensation Table” · page 24. As printed: 4,660,934. Filing ↗machine: r4 · c48 · span 357668–357677
3Section 01, Filipe De SousaDEF 14A2026-04-170001628280-26-025842Section “Summary Compensation Table” · page 24. As printed: 2,446,253. Filing ↗machine: r6 · c48 · span 364568–364577
4Section 03, Dylan Taylor OptionDEF 14A2026-04-170001628280-26-025842Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r2 · c13 · span 349251–349260
5Section 03, Filipe De Sousa RSADEF 14A2026-04-170001628280-26-025842Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r6 · c10 · span 362933–362940
6Section 03, Matthew Kuta OptionDEF 14A2026-04-170001628280-26-025842Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r4 · c13 · span 356440–356449
7Section 03, Filipe De Sousa OptionDEF 14A2026-04-170001628280-26-025842Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r6 · c13 · span 363342–363349
8Section 03, Dylan Taylor RSADEF 14A2026-04-170001628280-26-025842Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r2 · c10 · span 348788–348797
9Section 03, Matthew Kuta RSADEF 14A2026-04-170001628280-26-025842Section “PROXY STATEMENT” · grants of plan-based awards table. Filing ↗machine: t36 · r4 · c10 · span 356029–356038
10Section 07, pay ratio10-K2026-03-100001628280-26-016543Section “CEO Pay Ratio”. As printed: —. Filing ↗
11Section 08, Marian JohDEF 14A2026-04-170001628280-26-025842Section “Director Compensation”. As printed: 646,265. Filing ↗machine: span 271319–271549
12Section 08, Alan SternDEF 14A2026-04-170001628280-26-025842Section “Director Compensation”. As printed: 641,265. Filing ↗machine: span 268327–268557
13Section 08, William SheltonDEF 14A2026-04-170001628280-26-025842Section “Director Compensation”. As printed: 636,265. Filing ↗machine: span 265313–265569
14Section 08, Gabe FinkeDEF 14A2026-04-170001628280-26-025842Section “Director Compensation”. As printed: 636,265. Filing ↗machine: span 266833–267063
15Section 08, Cheryl ShaversDEF 14A2026-04-170001628280-26-025842Section “Director Compensation”. As printed: 631,265. Filing ↗machine: span 269825–270055
16Section 08, Matthew KutaDEF 14A2026-04-170001628280-26-025842Section “Director Compensation”. As printed: 0. Filing ↗
17Section 08, Dylan TaylorDEF 14A2026-04-170001628280-26-025842Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, William Shelton 2026-05-29Form 42026-06-010001628280-26-039634Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Gabe Finke 2026-05-29Form 42026-06-010001628280-26-039643Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Cheryl Shavers 2026-05-29Form 42026-06-010001628280-26-039630Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Alan Stern 2026-05-29Form 42026-06-010001628280-26-039628Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Marian Joh 2026-05-29Form 42026-06-010001628280-26-039637Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Matthew Kuta 2026-08-11Form 42026-08-130001628280-26-056726Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Matthew Kuta 2026-08-11Form 42026-08-130001628280-26-056726Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Matthew Kuta 2026-08-11Form 42026-08-130001628280-26-056726Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Matthew Kuta 2026-08-11Form 42026-08-130001628280-26-056726Insider equity transaction reported since the proxy statement. Filing ↗
27Section 06, 2026 voteForm 8-K2026-06-010001628280-26-039572Item 5.07 · say-on-pay result. As reported: —. Filing ↗
28Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
29Section 03b vehicle mix (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
30Section 09b board cost (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
31Voyager Technologies (subject), Section 10b CEO totalDEF 14A2026-04-170001628280-26-025842CEO total compensation as printed in Voyager Technologies's own proxy. As printed: 4,679,456. Filing ↗machine: r2 · c48 · span 350635–350644

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