Senior Vice President and Chief Financial Officer · FARO Technologies, Inc. (FARO)

Matthew Horwath

Matthew Horwath, Senior Vice President and Chief Financial Officer of FARO Technologies, Inc., received total compensation of $1661883 for fiscal year 2024. His compensation included a base salary of $348077, a cash bonus of $182683, and stock-based compensation of $799992.

FY2024 is the first fiscal year CompBrief holds for Matthew Horwath as a named executive officer of FARO Technologies; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2024

$1,661,883

Compensation figures as of the proxy filed April 10, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Matthew Horwath compensation by year

FARO Technologies Summary Compensation Table · the one fiscal year held
In US dollars, as FARO Technologies reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024
Salary$376,864
Bonus$60,000
Stock awards$1,028,457
Option awards$0
Non-equity incentive$182,683
Pension and deferred compensation$0
All other$13,879
Total$1,661,883

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FARO Technologies, Inc. DEF 14A filed April 10, 2025, accession 0001628280-25-017330, and prior-year filings. Open the filing on EDGAR.

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU21,573$547,091—
RSU14,382$364,728—
RSU5,264$133,495—
RSU2,830$71,769—
RSU1,415$35,884—
RSU655$16,611—

Per the Outstanding Equity Awards at Fiscal Year-End table in FARO Technologies, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2024 proxy (filed April 10, 2025)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2025-07-21Disposition to the issuer—39,264$44.000
2025-07-21Disposition to the issuer derivative—41,018$44.000

The 2 most recent of 2 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 →

FARO Technologies’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Peter LauPresident and Chief Executive Officer$4,008,421
Matthew Horwath · this pageSenior Vice President and Chief Financial Officer$1,661,883
Jeff SextonFormer Senior Vice President of Sales$1,042,341
Yuval WassermanExecutive Chairman$670,977
Allen MuhichFormer Chief Financial Officer$594,384
Phillipe DelnickSenior Vice President, Global Sales$459,592

The full FARO Technologies compensation record

free company brief

This page is one person within FARO Technologies's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order FARO Technologies's full Executive Compensation Report with peer benchmarking.

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 FARO Technologies'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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