How Frank was paid
$414,087 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.
Named executive officers
| Executive | Salary | Bonus | Options | Other | Total |
|---|---|---|---|---|---|
| Morgan FrankChief Executive Officer | $3,704 | — | $410,383 | — | $414,087 |
| Daniel CoyleChief Operating Officer | $199,280 | $10,391 | $1,330,844 | $6,962 | $1,547,478 |
| David Timothy WernExecutive Vice President, Sales | $177,955 | $69,015 | $767,550 | $98,171 | $1,112,690 |
What changed and why
- $414KMorgan Frank received a total compensation of $414,087 for fiscal year 2025.
- $225KDaniel Coyle was promoted to Chief Operating Officer in September 2025 with a base salary of $225,000.
- $180KDavid Timothy Wern joined as Executive Vice President of Sales in January 2025 with an annual base salary of $180,000.
- Stock options granted to executives represent the predominant portion of overall executive compensation for 2025.
Other Sanuwave Health proxy statements
- 2025 proxy statement
Morgan Frank paid $1.4M.
Filed Jul 10, 2025
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.