Nexalin Technology (NXL) executive compensation, 2025 proxy

Mark White, Chief Executive Officer/Chief Financial Officer, was paid $1M in 2024, up 51% from $679,815 the year before.

Filed
June 17, 2025
Annual meeting
July 15, 2025
Pay year
2024
Named executives
4
CEO total pay
$1M+51% vs prior year
CEO pay in equity
48%$490,470 in awards
CEO salary
$318,0002024 reported salary
CEO bonus
$220,000Payable during 2025
CEO equity awards
$490,470Combined stock/option awards
Owens total
$873,1402024 total compensation
Shelton total
$288,534Partial-year compensation
Nketiah total
$158,173Through August 15

How White was paid

$1M 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.

Salary31%Bonus21%Stock awards48%

Named executive officers

ExecutiveTotal
Mark WhiteChief Executive Officer/Chief Financial Officer$1,028,470
David Owens, M.D.Chief Medical Officer$873,140
Michael NketiahSenior Vice-President of Quality, Clinical and Regulatory$158,173
Carolyn SheltonSenior Vice-President of Quality, Clinical and Regulatory$288,534

What changed and why

  • $1M$1,028,470 was Mark White’s 2024 total compensation, up from $679,815 in 2023.
  • $220K$220,000 bonus was awarded to White in 2024, payable during 2025.
  • $490K$490,470 was reported for White’s combined stock/option awards in 2024.
  • $196K$196,088 was David Owens’s 2024 board fee and consulting compensation.
  • $661K$661,452 was Owens’s combined stock/option awards in 2024.
  • $20,000$20,000 bonus was earned by Carolyn Shelton in 2024, payable during 2025.

Other Nexalin Technology 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.