Cytosorbents (CTSO) executive compensation, 2026 proxy

Phillip P. Chan, MD, PhD, Chief Executive Officer, was paid $808,431 in 2025, down 10% from $899,695 the year before.

Filed
June 25, 2026
Annual meeting
August 13, 2026
Pay year
2025
Named executives
4
CEO total pay
$808,431-10% vs prior year
CEO pay in equity
26%$206,462 in awards
PEO compensation actually paid
$723,1642025 pay-versus-performance disclosure
Average non-PEO total
$679,233Summary Compensation Table total
Average non-PEO paid
$564,7192025 pay-versus-performance disclosure
Total shareholder return
$11.73Value of initial fixed $100 investment
Net loss
($8,197,439)2025 net income/(loss)
Bonus payment timing
DeferredPending sufficient liquidity

How PhD was paid

$808,431 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.

Salary62%Bonus11%Stock awards13%Option awards12%All other compensation1%

Named executive officers

ExecutiveTotal
Phillip P. Chan, MD, PhDChief Executive Officer$808,431
Peter J. MarianiChief Financial Officer$659,872
Vincent J. Capponi, MSPresident and Chief Operating Officer$714,372
Efthymios N. Deliargyris, MDChief Medical Officer$663,455

What changed and why

  • $808K$808,431 CEO total compensation in 2025 declined from $899,695 in 2024.
  • $106K$105,600 in restricted stock units and $100,862 in stock options were awarded to the CEO.
  • $87,804$87,804 CEO bonus was earned and accrued, but payment was deferred pending sufficient liquidity.
  • $679K$679,233 was the average 2025 Summary Compensation Table total for non-PEO named executives.
  • 2025 equity awards vested over multiple years, with restricted stock units vesting on the first and second anniversaries.
  • $12,000$12,000 annual car allowance continued for the CEO; the Chief Medical Officer also received $12,500 in other compensation.

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.