Nexalin Technology (NXL) executive compensation, 2026 proxy

Mark White, Chief Executive Officer, was paid $839,476 in 2025, down 18% from $1M the year before.

Filed
July 10, 2026
Annual meeting
August 11, 2026
Pay year
2025
Named executives
3
CEO total pay
$839,476-18% vs prior year
Owens total compensation
$500,677Option awards and vehicle allowance
Shelton total compensation
$391,180First full year in role
Owens option awards
$450,0772025 grant-date fair value
Shelton option awards
$51,1802025 grant-date fair value
CEO vehicle allowance
$18,000$1,500 monthly allowance
Shelton annual bonus
$40,000Employment agreement amount

How White was paid

$839,476 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.

Salary36%Bonus33%Option awards29%All other compensation2%

Named executive officers

ExecutiveTotal
Mark WhiteChief Executive Officer$839,476
David Owens, M.D.Chief Medical Officer$500,677
Carolyn SheltonSenior Vice-President of Quality, Clinical and Regulatory$391,180

What changed and why

  • $839K$839,476 CEO total compensation in 2025, down from $1,028,470 in 2024.
  • $241K$241,476 CEO option awards represented the primary equity component of 2025 compensation.
  • $1M$1,000,000 contingent stock options were approved for both White and Owens, pending stockholder approval.
  • $100K$100,000 contingent stock options were approved for Shelton, pending stockholder approval.
  • $300K$300,000 Shelton salary reflected her first full year after joining in September 2024.
  • 2026 compensation consulting support was provided by Willis Towers Watson.

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.