Chief Financial Officer, Senior Vice President · AvidXchange Holdings, Inc. (AVDX)

Joel Wilhite

For fiscal year 2024, Joel Wilhite, Chief Financial Officer and Senior Vice President of AvidXchange Holdings, Inc., received total compensation of $3,887,870. This included a base salary of $430,192, cash bonus or incentive of $134,285, and stock-based compensation of $3,256,970.

A named executive officer of AvidXchange in every fiscal year CompBrief holds from FY2022 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2024

$3,887,870

FY2023: $3,621,991

Compensation figures as of the proxy filed April 30, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Joel Wilhite compensation by year

AvidXchange Summary Compensation Table · all 3 fiscal years held
In US dollars, as AvidXchange reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2024
Salary$405,385$410,000$430,192
Bonus$0$0$0
Stock awards$2,100,000$1,960,371$3,256,970
Option awards$899,741$840,509$0
Non-equity incentive$369,780$351,173$134,285
Pension and deferred compensation$0$0$0
All other$51,188$59,938$66,422
Total$3,826,093$3,621,991$3,887,870

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.

$3.8M
$3.6M
$3.9M
FY22
FY23
FY24
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU263,936$2,729,098—
RSU122,524$1,266,898—
RSU81,624$843,992—
RSU7,652$79,122—
Option102,273—$9.00
Option18,032—$12.11
Option91,020—$8.04

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
DateTransactionPlanSharesPriceHeld after
2025-10-15Disposition to the issuer derivative—35,637—0
2025-10-15Disposition to the issuer derivative—85,347—0
2025-10-15Disposition to the issuer derivative—32,650—0
2025-10-15Disposition to the issuer derivative—158,572—0
2025-10-15Disposition to the issuer derivative—291,262—0
2025-10-15Disposition to the issuer—804,014—0
2025-10-15Disposition to the issuer derivative—181,818—0
2025-08-15Exercise or conversion derivative—16,324$0.0032,650

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
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Disability$217,500$2,739,744$10,251$2,967,495
Involuntary termination without cause$217,500$2,739,744$10,251$2,967,495
Death$217,500$2,739,744$10,251$2,967,495
Change in control and involuntary termination$435,000$5,265,502$20,503$6,025,505

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 officerRoleFY2024 total
Michael PraegerChief Executive Officer and Chairman of the Board$7,701,587
Daniel DreesPresident$4,101,362
Joel Wilhite · this pageChief Financial Officer, Senior Vice President$3,887,870
Angelic GibsonChief Information Officer, Senior Vice President$3,184,184
Ryan StahlGeneral Counsel and Secretary, Senior Vice President$2,569,164

The full AvidXchange compensation record

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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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