Daniel Drees compensation by year
AvidXchange Summary Compensation Table · all 3 fiscal years held| Component | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Salary | $390,385 | $428,846 | $443,077 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $2,100,000 | $2,940,561 | $3,454,361 |
| Option awards | $899,741 | $1,260,764 | $0 |
| Non-equity incentive | $425,972 | $532,266 | $196,245 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $5,594 | $13,812 | $7,679 |
| Total | $3,821,691 | $5,176,249 | $4,101,362 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: AvidXchange Holdings, Inc. DEF 14A filed April 30, 2025, accession 0001193125-25-107131, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 279,932 | $2,894,497 | — |
| RSU | 183,786 | $1,900,347 | — |
| RSU | 81,624 | $843,992 | — |
| RSU | 5,104 | $52,775 | — |
| Option | 12,020 | — | $12.11 |
| Option | 91,020 | — | $8.04 |
| Option | 153,409 | — | $9.00 |
Per the Outstanding Equity Awards at Fiscal Year-End table in AvidXchange Holdings, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
17 Form 4 lines since the FY2024 proxy (filed April 30, 2025)current to 2026-09-24 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2025-10-15 | Disposition to the issuer | — | 927,429 | — | 0 |
| 2025-10-15 | Disposition to the issuer derivative | — | 272,727 | — | 0 |
| 2025-10-15 | Other | — | 232,377 | — | 927,429 |
| 2025-10-15 | Disposition to the issuer derivative | — | 32,650 | — | 0 |
| 2025-10-15 | Disposition to the issuer derivative | — | 67,744 | — | 0 |
| 2025-10-15 | Disposition to the issuer derivative | — | 291,262 | — | 0 |
| 2025-10-15 | Disposition to the issuer derivative | — | 38,600 | — | 0 |
| 2025-08-15 | Tax withholding | — | 7,646 | $9.90 | 1,159,806 |
The 8 most recent of 17 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments AvidXchange discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Disability | $222,500 | $3,097,748 | $13,449 | $3,333,697 |
| Involuntary termination without cause | $222,500 | $3,097,748 | $13,449 | $3,333,697 |
| Death | $222,500 | $3,097,748 | $13,449 | $3,333,697 |
| Change in control and involuntary termination | $445,000 | $6,106,526 | $26,898 | $7,023,424 |
Per the Potential Payments Upon Termination or Change in Control table in AvidXchange Holdings, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
AvidXchange’s named executive officers, FY2024
as the company reported each| Named executive officer | Role | FY2024 total |
|---|---|---|
| Michael Praeger | Chief Executive Officer and Chairman of the Board | $7,701,587 |
| Daniel Drees · this page | President | $4,101,362 |
| Joel Wilhite | Chief Financial Officer, Senior Vice President | $3,887,870 |
| Angelic Gibson | Chief Information Officer, Senior Vice President | $3,184,184 |
| Ryan Stahl | General Counsel and Secretary, Senior Vice President | $2,569,164 |
The full AvidXchange compensation record
free company briefThis page is one person within AvidXchange's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are AvidXchange's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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