AvidXchange Executive Compensation Details Revealed
| Field | Detail |
|---|---|
| Company | Avidxchange Holdings, Inc. |
| Form Type | DEF 14A |
| Filed Date | Apr 30, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, equity-awards
Related Tickers: AVDX
TL;DR
AvidXchange dropped its 2024 exec comp details - equity awards are the big story.
AI Summary
AvidXchange Holdings, Inc. filed a DEF 14A on April 30, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards granted and vested to both "PEO" (Principal Executive Officer) and "Non-PEO" (Non-Principal Executive Officer) members, with specific values for vesting dates and year-end valuations.
Why It Matters
This filing provides transparency into how AvidXchange compensates its top executives, which can influence investor perception and employee morale.
Risk Assessment
Risk Level: low — This is a routine filing detailing executive compensation and does not present immediate financial risks.
Key Players & Entities
- AvidXchange Holdings, Inc. (company) — Filer of the DEF 14A
- 0001858257 (company) — Central Index Key for AvidXchange Holdings, Inc.
- 2024-12-31 (date) — Fiscal year end for compensation data
- 20250430 (date) — Filing date of the DEF 14A
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
What fiscal year does the compensation data in this filing primarily cover?
The compensation data in this filing primarily covers the fiscal year ending December 31, 2024.
What types of compensation elements are detailed for executives?
The filing details elements such as the fair value of equity awards granted and vested, changes in fair value of prior year equity awards, and year-end fair value of outstanding equity awards.
Who are the two main categories of individuals for whom compensation data is presented?
The compensation data is presented for "PEO" (Principal Executive Officer) and "Non-PEO Neo" (Non-Principal Executive Officer) members.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on April 30, 2025.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 30, 2025 regarding AvidXchange Holdings, Inc..