Cadrenal Therapeutics (CVKD) executive compensation, 2025 proxy

Quang X. Pham, Chief Executive Officer, was paid $1.2M in 2024, up 27% from $967,000 the year before.

Filed
July 31, 2025
Annual meeting
September 24, 2025
Pay year
2024
Named executives
3
CEO total pay
$1.2M+27% vs prior year
CFO total compensation
$868,2792024 total
COO total compensation
$726,3012024 total
CFO option awards
$155,5032024 award value
COO option awards
$154,9502024 award value
CEO target bonus
50%Of base salary
CMO option grant
60,000 sharesGranted in 2025

How Pham was paid

$1.2M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary58%Bonus33%Option awards8%All other compensation1%

Named executive officers

ExecutiveTotal
Quang X. PhamChief Executive Officer$1,223,381
Matthew SzotChief Financial Officer$868,279
Jeffrey ColeChief Operating Officer$726,301

What changed and why

  • $1.2M$1,223,381 was CEO Quang X. Pham’s total compensation for 2024, compared with $967,000 in 2023.
  • $408K$407,531 in 2024 bonuses were accrued by year-end and paid during the first quarter of 2025.
  • $93,300$93,300 was the CEO’s 2024 option award value; no stock award was reported.
  • $47,250$47,250 was COO Jeffrey Cole’s other compensation, including $33,750 in pre-appointment consulting fees.
  • 50%50% of base salary was the annual target bonus opportunity for the CEO and CFO.
  • 40%40% of base salary was the annual target bonus opportunity for the COO.

Other Cadrenal Therapeutics proxy statements

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.