Luminar Technologies Executive Compensation (FY24)
LAZR · Executive and director compensation, fiscal 2023 to 2024
The paid brief on Luminar Technologies
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 7, 2026Latest filing (8-K): July 8, 2025
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
85 figures on this page: 82 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
More on Luminar Technologies
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Austin Russell: $734,499 → $497,253 (32.3% lower)
Frequently asked questions
Answers drawn from the data on this page.
What was Luminar Technologies' say-on-pay result?
Shareholders recorded 6.4% support for the say-on-pay proposal at the meeting held July 3, 2025 for fiscal 2024.
Which companies are in Luminar Technologies' peer group?
The disclosed peer group names Aeva Technologies, Allegro MicroSystems, Ambarella, Appian and Aurora Innovation, among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Fennimore Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | — | ◇ |
Alan Prescott Chief Legal Officer and Secretary | ◇ | ◇ | ◇ | — | — | — | — | ◇ |
Austin Russell Chairperson, Director, President and Chief Executive Officer | — | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Fennimore Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | — | ◇ |
Alan Prescott Former Chief Legal Officer and Secretary Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | — | ◇ |
Austin Russell Former President and Chief Executive Officer Departed during or after this year | — | — | — | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2023
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Alan Prescott | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas J. Fennimore | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Alan Prescott | RSU | ◇ | ◇ | — | — |
| Austin Russell | RSU | ◇ | ◇ | — | — |
| Thomas Fennimore | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 5/13/2030 | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Thomas Fennimore
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Equity acceleration on change in control | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Dominick Schiano | ◇ | ◇ | — | — | — | — | ◇ |
Matthew J. Simoncini Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Katharine A. Martin | ◇ | ◇ | — | — | — | — | ◇ |
Jun Hong Heng | ◇ | ◇ | — | — | — | — | ◇ |
Mary Lou Jepsen | ◇ | ◇ | — | — | — | — | ◇ |
Daniel D. Tempesta | ◇ | ◇ | — | — | — | — | ◇ |
Shaun Maguire | ◇ | ◇ | — | — | — | — | ◇ |
Alec E. Gores | ◇ | ◇ | — | — | — | — | ◇ |
Paul Ricci and Austin Russell served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
- Aeva Technologies AEVA
- Allegro MicroSystems ALGM
- Ambarella AMBA
- Appian APPN
- Aurora Innovation AUR
- C3.ai AI
- Canoo symbol not shown
- Cerence CRNC
- Fisker symbol not shown
- Gentex GNTX
- indie Semiconductor INDI
- JFrog FROG
- Lyft LYFT
- Matterport MTTR
- Navitas Semiconductor NVTS
- Ouster OUST
- QuantumScape QS
- Solid Power SLDP
- TuSimple Holdings TSPH
- Virgin Galactic Holdings SPCE
- Virgin Orbit Holdings symbol not shown
- Wolfspeed WOLF
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | July 3, 2025 | = | ◇ | ◇ | ◇ |
| 2022 | June 7, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 7, 2022 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Luminar Technologies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Luminar Technologies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceSay-on-pay responsiveness
Luminar Technologies recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysisAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
85 figures on this page: 82 cited to the filing that reported them, 3 calculated from figures it prints.
82 cited to the filing
3 calculated from the filing
Documents cited
- 0001628280-25-034521
- 0001628280-25-0298102024 Summary Compensation Table · Compensation Discussion and Analysis · Director Compensation · EXECUTIVE COMPENSATION · and 2 more sections
- 0001628280-24-0182742023 Summary Compensation Table · Grants of Plan-Based Awards
- 0001628280-23-021717
- 0001628280-22-016598
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Luminar Technologies executive compensation, FY2023–FY2024.” https://intel.velarion.ai/comp/LAZR (accessed 2026).
Short form: data: Velarion
The paid brief for Luminar Technologies
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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The headline figures, each with its citation.
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Peers Luminar Technologies discloses
The companies named in LAZR's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}