Jeff Enslin
Glimpse GroupAbout Jeff Enslin
Jeff Enslin, 59, is an independent director of The Glimpse Group, Inc. (VRAR), serving on the Board since July 2018. He is a former senior partner and senior portfolio manager at Caxton Associates LP (1995–2018) and since 2018 has been founder/managing member of Perimetre Capital LLC, focused on early-stage technology investments; he holds an MBA in finance and international business from NYU Stern and a B.S. in Finance from Lehigh University . The Board has affirmatively determined he is independent under Nasdaq standards; he attended at least 75% of Board/committee meetings in FY2025 and attended the 2024 annual meeting .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Caxton Associates LP | Senior Partner and Senior Portfolio Manager | 1995–2018 | Macro-focused investment leadership |
| The Glimpse Group, Inc. | Director (Class II) | July 2018–present | Standing Board member; nominated for re-election in 2025 |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Perimetre Capital LLC | Founder and Managing Member | 2018–present | Manages portfolio of early-stage tech investments |
| Lehigh University | Investment Committee Member | 2010–2019 | Endowment oversight (investment committee) |
| The Peddie School | Investment Committee – Advisory Trustee | 2010–present | Investment oversight (advisory trustee) |
| Creative Destruction Labs | Mentor | Not disclosed | Startup mentorship |
| Endless Frontier Labs | Mentor | Not disclosed | Startup mentorship |
Board Governance
- Independence and attendance: Independent per Nasdaq standards; no director attended fewer than 75% of Board/committee meetings (Board met 5x in FY2025). Enslin attended the 2024 annual meeting .
- Board structure: CEO also serves as Chair; no Lead Independent Director .
| FY2025 Committees | Role | Committee Meetings FY2025 |
|---|---|---|
| Audit | Member (Chair: Ian Charles) | 4 meetings |
| Compensation | Member (Chair: Alexander Ruckdaeschel) | 3 meetings |
| Nominating & Corporate Governance | Member (Chair: Tamar Elkeles) | 1 meeting |
| Strategy | Member (Chair: Lemuel Amen) | 9 meetings |
| Committee Roles by Year | FY2024 | FY2025 |
|---|---|---|
| Nominating & Corporate Governance | Chair (Enslin) | Member (Chair: Elkeles) |
Fixed Compensation
- Policy: “Directors do not receive any cash compensation other than reimbursement of expenses.”
| Component | FY2024 | FY2025 |
|---|---|---|
| Annual cash retainer | $0 | $0 |
| Committee/Chair fees | $0 (not paid in cash) | $0 (not paid in cash) |
| Meeting fees | $0 | $0 |
Performance Compensation
| Equity Component | FY2024 | FY2025 | Notes |
|---|---|---|---|
| Stock awards (fair value) | $340,352 | — | FY2024 common shares issued in lieu of cancelation of fully vested stock options and Board compensation |
| Option awards (grant-date fair value) | — | $81,788 | Company provides valuation assumptions in 10-K notes |
| Options held (as of June 30) | 0 (2024) | 37,500 (2025) | Shift from zero options at FY2024-end to options by FY2025-end |
No director-specific performance metrics (e.g., TSR, revenue) are disclosed for director equity; awards are service-based under the Equity Plan .
Other Directorships & Interlocks
| Company | Exchange | Role | Committee Roles | Notes |
|---|---|---|---|---|
| None disclosed | — | — | — | No current public company directorships disclosed for Enslin in VRAR proxies . |
Expertise & Qualifications
- Capital markets and portfolio management: 20+ years as senior PM at Caxton; founder/operator of early-stage tech investment firm .
- Governance experience: Chaired Nominating & Corporate Governance Committee in FY2024; broad multi-committee service including Audit and Compensation in FY2025 .
- Education: MBA (NYU Stern, finance & international business); B.S. Finance (Lehigh) .
Equity Ownership
| As of Record Date | Common Stock Beneficially Owned | % of Outstanding | Breakdown/Notes |
|---|---|---|---|
| Oct 24, 2024 (FY2025 proxy) | 335,405 | 1.85% | Includes 332,405 shares via Perimetre Capital LLC (entity owned/managed by Enslin); no options reported at that date |
| Oct 24, 2025 (FY2026 proxy) | 369,780 | 1.75% | Includes 332,405 via Perimetre; 28,125 vested options and 6,250 options vesting within 60 days |
Related-party transactions: None reported; Audit Committee reviews/approves related-party transactions .
Governance Assessment
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Strengths
- Independence and engagement: Independent director; served on key oversight committees (Audit, Compensation, Nominating), with Board disclosure of strong attendance (≥75%) and annual meeting participation .
- Alignment: Material share ownership (majority via Perimetre Capital LLC) plus equity-only director compensation; FY2025 option grant ($81,788) supports equity alignment; no cash fees .
- Clean related-party profile and compliance: No related-party transactions; Section 16(a) filings up to date .
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Watch items
- Governance structure: Company combines CEO/Chair with no Lead Independent Director, concentrating authority; independent directors (including Enslin) populate all committees, partially mitigating this .
- Role rotation: Enslin moved from Chair (Nominating & Governance) in FY2024 to member in FY2025—neutral to positive as part of committee leadership refresh; monitor continuity of governance priorities .
- Stockholder communications: No formal policy for direct communications with the Board (management email/LinkedIn access provided); investors may view this as a minor governance gap .
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Signals for investors
- Equity-only director pay and meaningful beneficial ownership suggest “skin-in-the-game” alignment; option resumption in FY2025 after FY2024 stock issuance (in lieu of canceled options) reflects evolving equity mix and cost-conscious cash policy .
- Broad committee participation (including Audit and Compensation) indicates active oversight involvement; no attendance or compliance red flags disclosed .