Co-Diagnostics (CODX) executive compensation, 2026 proxy

Dwight Egan, President & Chief Executive Officer, was paid $528,750 in 2025, down 26% from $716,917 the year before.

Filed
July 21, 2026
Annual meeting
September 3, 2026
Pay year
2025
Named executives
3
CEO total pay
$528,750-26% vs prior year
CEO pay in equity
13%$68,750 in awards
CFO total compensation
$421,2502025 total compensation
President total compensation
$360,0002025 total compensation
CEO stock awards
$68,750Restricted stock units
CEO severance multiplier
3xChange-in-control plan
CFO severance multiplier
2xChange-in-control plan
Director RSU value
$31,250Per non-employee director

How Egan was paid

$528,750 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary76%Bonus11%Stock awards13%

Named executive officers

ExecutiveTotal
Dwight EganPresident & Chief Executive Officer$528,750
Brian BrownChief Financial Officer and Secretary$421,250
Richard AbbottPresident$360,000

What changed and why

  • $529K$528,750 CEO total compensation in 2025 compared with $716,917 in 2024.
  • $68,750$68,750 CEO stock awards in 2025 consisted of restricted stock units vesting over three years.
  • $400K$400,000 CEO salary and $60,000 bonus were reported for 2025.
  • No written employment agreements exist; named executives serve on an at-will basis.
  • 3x3x CEO and 2x CFO severance multipliers apply under the change-in-control severance plan.
  • $107K$106,500 annual cash compensation was paid to three non-employee directors, with $109,500 paid to the audit chair.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.