Velarion Observations
Short, decision-grade studies drawn from the same verified dataset behind the platform — 1,184 public companies across 12 industries, benchmarked against the peers they actually disclose. Every figure traces to a live value.
Across 1,184 public companies and four fiscal years, special equity awards quietly reshape executive pay. Most benchmarks miss them — or worse, miscount them by a factor of nearly two.
Who sits on the most proxy peer lists in America — a universe-scale read of the directed graph of executive-pay peer selection: who names whom, who reciprocates, who benchmarks up.