Electromed (ELMD) executive compensation, 2025 proxy

James L. Cunniff, President and Chief Executive Officer, was paid $1.5M in 2025, down 50% from $3M the year before.

Filed
September 30, 2025
Annual meeting
November 14, 2025
Pay year
2025
Named executives
2
CEO total pay
$1.5M-50% vs prior year
CEO pay in equity
37%$547,298 in awards
CEO compensation actually paid
$4,853,665Pay-versus-performance table
CFO total compensation
$756,674Fiscal 2025 SCT total
CEO 2025 stock awards
$274,275Grant-date fair value
CEO 2025 option awards
$273,023Grant-date fair value
CEO 2025 incentive pay
$405,6002025 Bonus Plan payments
Director annual equity award
3,000 sharesRestricted stock

How Cunniff was paid

$1.5M 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.

Salary35%Stock awards18%Option awards18%Non-equity incentive27%All other compensation1%

Named executive officers

ExecutiveTotal
James L. CunniffPresident and Chief Executive Officer$1,486,329
Bradley M. NagelChief Financial Officer$756,674

What changed and why

  • $1.5M$1,486,329 CEO total compensation decreased from $3,002,607 in fiscal 2024.
  • $519K$519,231 CEO salary increased from $500,000 in fiscal 2024.
  • $406K$405,600 CEO non-equity incentive compensation reflected payments under the 2025 Bonus Plan.
  • $274K$274,275 CEO stock awards and $273,023 option awards were granted in fiscal 2025.
  • $757K$756,674 CFO total compensation included $202,800 in non-equity incentive compensation.
  • 3,000 restricted shares comprised each non-employee director’s fiscal 2025 annual equity award.

Other Electromed 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.