How Baer was paid
$10.1M in total for fiscal Year 2025, 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 | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Matt BaerChief Executive Officer | $850,000 | $7,821,663 | $1,443,369 | $14,000 | $10,129,032 |
| David AufderhaarChief Financial Officer | $585,769 | $2,865,277 | $498,928 | — | $3,949,974 |
| Casey O'ConnorChief Legal Officer | $500,000 | $1,650,393 | $424,520 | $13,800 | $2,588,713 |
| Anthony BacosChief Product & Technology Officer | $600,000 | $2,865,277 | $509,424 | $12,923 | $3,987,624 |
What changed and why
- $10.1M$10,129,032 was CEO total compensation in 2025 versus $1,464,928 in 2024.
- $7.8M$7,821,663 of CEO compensation consisted of stock awards.
- $1.4M$1,443,369 was the CEO’s fiscal 2025 non-equity incentive compensation.
- 100%Annual bonus targets were 100% of CEO salary and 50% of other NEO salaries.
- Performance awards used Active Clients, net revenue, Adjusted EBITDA, and stock-price targets.
- $34,045298:1 was the CEO-to-median-employee pay ratio, based on median compensation of $34,045.
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.