XERIANT INC
For the period ended Jun 30, 2025. Filed Oct 2, 2025.
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FY2025 · Filed Oct 2, 2025
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Item 11. Executive Compensation
For the year ended June 30, 2025, all officers and directors were compensated as independent contractors based upon respective consulting agreements as noted in Table below.
The following table shows information regarding the compensation earned for the years ended June 30, 2025 and 2024 by our named executive officers:
EXECUTIVE COMPENSATION TABLE
| Executive | Year | Salary($) | Bonus($) | Stock Awards ($) | Option Awards ($) (1) | Non-Equity Incentive Plan Compensation ($) | Non-Qualified Deferred Compensation Earnings ($) | All Other Compensation ($) | Total($) |
|---|---|---|---|---|---|---|---|---|---|
| Keith Duffy (1) | 2025 | $101,500 | - | - | - | - | - | - | $101,500 |
| 2024 | $103,750 | - | - | - | - | - | - | $103,750 | |
| Scott Duffy (1) | 2025 | $101,500 | - | - | - | - | - | - | $101,500 |
| 2024 | $103,750 | - | - | - | - | - | - | $103,750 | |
| Pablo Lavigna (2) | 2025 | $95,000 | - | - | - | - | - | - | $95,000 |
| 2024 | $67,000 | - | - | - | - | - | - | $67,000 | |
| Brian Carey (3) | 2025 | $60,000 | - | - | - | - | - | - | $60,000 |
| 2024 | $25,000 | - | - | - | - | - | - | $25,000 |
| (1) | Paid as consulting fees for the years ended June 30, 2025 and 2024 to Ancient Investments, LLC, a company owned by Keith Duffy, CEO and Scott Duffy, Executive Director of Operations. The Company recorded $0 in accrued liabilities related to unpaid compensation for Keith Duffy, for the year ended June 30, 2025. |
| (2) | Paid as consulting fees for the years ended June 30, 2025 and 2024 to AMP Web Services, LLC, a company owned by Pablo Lavigna, CIO. |
| (3) | Paid as consulting fees for the years ended June 30, 2025 and 2024 to Keystone Business Development Partners, LLC, a company owned by Brian Carey, CFO. The Company recorded $0 in accrued liabilities related to unpaid compensation for Brian Carey, for the year ended June 30, 2025. |
Director Compensation
The following table shows information regarding the compensation earned during the years ended June 30, 2025, and 2024 by the members of our board of directors.
| DIRECTOR COMPENSATION TABLE | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Executive · Year · Salary ($) · Bonus($) · Stock Awards ($) · Option Awards($) (1) · Non-Equity Incentive Plan Compensation ($) · Non-Qualified Deferred Compensation Earnings ($) · All Other Compensation ($) · Total($) | |||||||||||
| Keith Duffy · 2025 · - · - · - · - · - · - · - · - | |||||||||||
| Director · 2024 · - · - · - · - · - · - · - · - | |||||||||||
| Scott Duffy · 2025 · - · - · - · - · - · - · - · - | |||||||||||
| Director · 2024 · - · - · - · - · - · - · - · - | |||||||||||
| Edward C. DeFeudis (1) | 2025 | $80,000 | - | - | - | - | - | - | $80,000 | ||
| Director | 2024 | $78,500 | - | - | - | - | - | - | $78,500 | ||
| Mark Sternberg | 2025 | $ | - | - | - | - | - | - | - | $ | - |
| Director | 2024 | $ | - | - | - | - | - | - | - | $ | - |
| (1) | Paid as consulting fees for the years ended June 30, 2025, and 2024 to Edward C. DeFeudis, a member of the board of directors. The Company recorded $0 in accrued liabilities related to unpaid compensation for Edward DeFeudis, for the year ended June 30, 2025. |
Executive Compensation Policies as They Relate to Risk Management
Management has considered whether our compensation policies might encourage inappropriate risk taking by the Company’s executive officers and other employees. The Compensation Committee has determined that the current compensation structure aligns the interests of the executive officers with those of the Company without providing rewards for excessive risk taking by awarding a mix of fixed and performance-based or discretionary bonuses with the performance-based compensation focused on profits as opposed to revenue growth.
Option Exercises and Fiscal Year-end Option Value Table
None of the named executive officers exercised any stock options during the year ended June 30, 2025, or held any outstanding stock options as of June 30, 2025.
Incentive Plan
The Registrant does not have any equity compensation plans.
Consulting Agreements
None, although the officers are currently paid as related party consultants of the Company.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.