Axe Compute (AGPU) executive compensation, 2025 proxy

Raymond F. Vennare, Chief Executive Officer, was paid $525,000 in 2024, flat from $525,000 the year before.

Filed
October 27, 2025
Annual meeting
November 25, 2025
Pay year
2024
Named executives
3
CEO total pay
$525,000flat vs prior year
CEO base salary
$525,000
CEO bonus opportunity
Up to 50% of salary
Blacher total compensation
$453,940
Bush total compensation
$392,592
Bush severance payments
$324,583Paid in 2024

How Vennare was paid

$525,000 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary100%

Named executive officers

ExecutiveTotal
Raymond F. VennareChief Executive Officer$525,000
Josh BlacherChief Financial Officer$453,940
Pamela BushChief Business Officer$392,592

What changed and why

  • $525K$525,000 was CEO Raymond Vennare’s 2024 total compensation, unchanged from 2023.
  • $454K$453,940 paid for CFO services was reported as all other compensation for consultant Josh Blacher.
  • $341K$341,342 was Pamela Bush’s 2024 all other compensation, including $324,583 in severance payments.
  • No bonuses or stock option awards were provided to named executives for fiscal 2024.
  • September 2025 restricted stock units for Vennare and Blacher vested fully on October 31, 2025, subject to continued service.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.