Kanwardev Bal compensation by year
indie Semiconductor Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $287,500 | $301,337 | $109,512 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $319,000 | $2,738,511 | $0 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $17,916 | $20,722 | $1,175,623 |
| Total | $624,415 | $3,060,570 | $1,285,135 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: indie Semiconductor, Inc. DEF 14A filed April 17, 2026, accession 0001193125-26-161644, and prior-year filings. Open the filing on EDGAR.
How this page was built: the indie Semiconductor, Inc. filed document, accession 0001193125-26-161644. Every figure is read from that document and cited to the page and table it appears in. Filed April 17, 2026.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 69,500 | $563,645 | — |
| PSU | 50,000 | $405,500 | — |
| RSU | 37,500 | $304,125 | — |
| RSU | 37,500 | $304,125 | — |
| PSU | 17,308 | $140,368 | — |
| PSU | 12,500 | $101,375 | — |
| RSU | 4,327 | $35,092 | — |
| Option | 16,558 | — | $7.58 |
Per the Outstanding Equity Awards at Fiscal Year-End table in indie Semiconductor, Inc.'s FY2023 proxy; value at the fiscal year-end close, as the company printed it.
indie Semiconductor’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Donald McClymont | Chief Executive Officer | $3,704,970 |
| Naixi Wu | Chief Financial Officer, Chief Accounting Officer and Executive Vice President | $2,015,576 |
| Michael Wittmann | Chief Operating Officer | $1,986,714 |
| Kanwardev Bal · this page | Former Chief Financial Officer, Chief Accounting Officer and Executive Vice President | $1,285,135 |
| Ichiro Aoki | President | $527,547 |
Kanwardev Bal's compensation dossier, indie Semiconductor
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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 indie Semiconductor'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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