Flyexclusive (FLYX) executive compensation, 2025 proxy

Jim Segrave, Founder, Chairman of the Board and Chief Executive Officer, was paid $8.7M in 2024, flat from $8.8M the year before.

Filed
December 2, 2025
Annual meeting
December 30, 2025
Pay year
2024
Named executives
4
CEO total pay
$8.7Mflat vs prior year
CEO Base Salary
$8,500,000Paid as distributions in lieu of salary
CEO All Other Compensation
$244,699Includes aircraft use and insurance benefits
Option Grant Shares
1,600,000Granted to new NEOs in September 2024
Option Exercise Price
$2.78Per share

How Segrave was paid

$8.7M 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.

Salary97%All other compensation3%

Named executive officers

ExecutiveTotal
Jim SegraveFounder, Chairman of the Board and Chief Executive Officer$8,744,699
Matthew LesmeisterChief Operating Officer$275,492
Mike GuinaChief Operating Officer$398,551
Brad GarnerChief Financial Officer$135,427

What changed and why

  • $8.7MCEO total compensation decreased slightly to $8,744,699 for fiscal year 2024.
  • $8.5MJim Segrave received $8,500,000 in salary delivered as distributions from LGM.
  • New executives Matthew Lesmeister, Mike Guina, and Brad Garner received stock options in September 2024.
  • 100%Annual non-equity incentive bonuses are structured at 100% of base salary for the CEO and 50% for other named executives.

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.