How Mats was paid
$550,000 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.
Named executive officers
| Executive | Salary | Bonus | Total |
|---|---|---|---|
| Vadim MatsChief Executive Officer | $400,000 | $150,000 | $550,000 |
| Steven ShorrChief Financial Officer | $60,000 | $0 | $60,000 |
What changed and why
- $550K$550,000 CEO total compensation in 2024 compared with $861,869 in 2023.
- $150K$150,000 CEO bonus compensation was reported for 2024.
- Twice base salary is the maximum annual cash bonus permitted under Mats’s employment agreement.
- $60,000$60,000 CFO total compensation was reported for 2024.
- $02024 reported $0 in stock and option awards for Mats and no equity award amount for Shorr.
Other Gaxos.ai proxy statements
- 2026 proxy statement
Vadim Mats paid $815,385 (+48% on the year).
Filed Jul 02, 2026
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.