Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-24

Xponential Fitness (XPOF)

CEO Michael Nuzzo was paid $4,691,109 in fiscal year 2025 (SEC filing 0001140361-26-016695 ↗): 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.

$4,691,109
Michael Nuzzo 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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XPOF's next annual pay disclosure, estimated April 23, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Nuzzo$324,627$800,000$3,566,482$0$0$0$0$4,691,109
Chief Executive Officer
John Kawaja289,23101,143,712000318,7501,751,693
Former President, North America
Timothy Weiderhoft376,23196,2501,072,23000011,5861,556,297
Chief Operating Officer, North America
Gavin O'Connor72,992330,000817,45600001,220,448
Chief Legal Counsel, Chief Administrative Officer and Secretary
Mark King519,900000000519,900
Former Chief Executive 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
Michael Nuzzo$4,691,109———
John Kawaja1,751,693———
Timothy Weiderhoft1,556,297———
Gavin O'Connor1,220,448———
Mark King519,9004,886,671—↓ −4,366,771

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 XPOF

The list of companies that name XPOF as a peer is temporarily unavailable — recheck shortly.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Gavin O'ConnorGeneral Counsel$1,220,448
John KawajaPresident, North America$1,751,693
Mark KingChief Executive Officer$519,900
Michael NuzzoCEO$4,691,109
Timothy WeiderhoftCOO$1,556,297
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
Brenda MorrisFormer director (through FY2025)$70,000
Bruce HaaseFormer director (through FY2025)$212,760
Chelsea A. GraysonFormer director (through FY2025)$229,091
Jair ClarkeFormer director (through FY2025)$225,591
Jeffrey LawrenceFormer director (through FY2025)$51,703
Lily YangIndependent Director$148,892
Mark GrabowskiChair of the Board$234,733
Nicole Parent HaugheyIndependent Director—
Rachel H. LeeLead Independent Director$109,464
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
Gavin O'ConnorRSU137,851—$1,134,514
Michael NuzzoRSU216,369—1,780,717
Michael NuzzoPSU216,369—1,780,717
Timothy WeiderhoftRSU71,482—588,297
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-20—————

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
20262026-05-20—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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mark GrabowskiNot independent · Board Chair$0$234,733———$234,733
Chelsea A. GraysonIndependent · Departed during FY125,500103,591———229,091
Jair ClarkeIndependent · Departed during FY122,000103,591———225,591
Bruce HaaseIndependent · Departed during FY0212,760———212,760
Lily YangIndependent · Audit (Chair) · Human Capital Management · Nominating and Corporate Governance (Chair)0148,892———148,892
Rachel H. LeeIndependent · Lead Independent Director · Audit · Human Capital Management · Nominating and Corporate Governance0109,464———109,464
Brenda MorrisIndependent · Departed during FY70,0000———70,000
Jeffrey LawrenceIndependent · Departed during FY26,00025,703———51,703
Michael NuzzoEmployee director—————0
Nicole Parent HaugheyIndependent · Audit · Human Capital Management (Chair) · Nominating and Corporate Governance0—————
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$110,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 12,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$343,500
Equity awards (grant-date value)$938,734
All other compensation$0
Total cost of the board$1,282,234

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
1Xponential Fitness2025Michael Nuzzo$324,627$3,566,482$0$0$4,691,109

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 Xponential Fitness in fiscal 2025?
As disclosed, Michael Nuzzo (Chief Executive Officer) was the highest-paid executive at Xponential Fitness in fiscal 2025, with total compensation of $4,691,109.
How much does Xponential Fitness spend in total on board compensation for fiscal 2025?
As disclosed, Xponential Fitness reported total board compensation of $1,282,234 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, Michael NuzzoDEF 14A2026-04-240001140361-26-016695Section “Executive Compensation”. As printed: 4,691,109. Filing ↗machine: r2 · c18 · span 218686–218695
2Section 01, John KawajaDEF 14A2026-04-240001140361-26-016695Section “Executive Compensation”. As printed: 1,751,693. Filing ↗machine: r7 · c18 · span 236475–236484
3Section 01, Timothy WeiderhoftDEF 14A2026-04-240001140361-26-016695Section “Executive Compensation”. As printed: 1,556,297. Filing ↗machine: r6 · c18 · span 232711–232720
4Section 01, Gavin O'ConnorDEF 14A2026-04-240001140361-26-016695Section “Executive Compensation”. As printed: 1,220,448. Filing ↗machine: r5 · c18 · span 229240–229249
5Section 01, Mark KingDEF 14A2026-04-240001140361-26-016695Section “Executive Compensation”. As printed: 519,900. Filing ↗machine: r3 · c18 · span 220261–220268
6Section 08, Mark GrabowskiDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 234,733. Filing ↗machine: span 322132–322313
7Section 08, Chelsea A. GraysonDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 229,091. Filing ↗machine: span 324607–324790
8Section 08, Jair ClarkeDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 225,591. Filing ↗machine: span 320830–321013
9Section 08, Bruce HaaseDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 212,760. Filing ↗machine: span 325906–326087
10Section 08, Lily YangDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 148,892. Filing ↗machine: span 333638–333819
11Section 08, Rachel H. LeeDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 109,464. Filing ↗machine: span 329808–329989
12Section 08, Brenda MorrisDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 70,000. Filing ↗machine: span 331186–331407
13Section 08, Jeffrey LawrenceDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 51,703. Filing ↗machine: span 328471–328693
14Section 08, Michael NuzzoDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Nicole Parent HaugheyDEF 14A2026-04-240001140361-26-016695Section “Director Compensation”. As printed: —. Filing ↗
16Section 06, 2026 voteForm 8-K2026-04-240001140361-26-016695Item 5.07 · say-on-pay result. As reported: —. Filing ↗
17Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 09b board cost (computed)Computed——Cash 343,500 + equity 938,734 + all other 0 = 1,282,234, summed across the director compensation table rows.machine: formula: Σ = 1,282,234
19Xponential Fitness (subject), Section 10b CEO totalDEF 14A2026-04-240001140361-26-016695CEO total compensation as printed in Xponential Fitness's own proxy. As printed: 4,691,109. Filing ↗machine: r2 · c18 · span 218686–218695

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