Electromed, Inc.
For the period ended Nov 14, 2025. Filed Sep 30, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Nov 14, 2025 · Filed Sep 30, 2025
ELMD$27.17+1.5%Stored close · as of Nov 6, 2026
Contents
Pay Versus Performance Table
The following table sets forth additional compensation information of our principal executive officers (“PEO”) and averaged compensation information for our other named executive officers (“Other NEOs”) along with total shareholder return (“TSR”) and net income for fiscal 2025, 2024 and 2023.
| Fiscal Year · Summary Compensation Table Total for PEOs(a) ($) · Compensation Actually Paid to PEOs(b) ($) · Average Summary Compensation Table Total for Other NEOs(a) ($) · Average Compensation Actually Paid to Other NEOs(b) ($) · Value of Initial Fixed $100 Investment Based on TSR(c) ($) · Net Income ($ in thousands) | ||||||||
|---|---|---|---|---|---|---|---|---|
| James L. Cunniff (PEO 1) · Kathleen S. Skarvan (PEO 2) · James L. Cunniff (PEO 1) · Kathleen S. Skarvan (PEO 2) | ||||||||
| 2025 | $1,486,329 | - | $4,853,665 | - | $756,674 | $903,214 | $228.11 | $7,537 |
| 2024 | $3,002,607 | - | $4,396,790 | - | $552,903 | $607,362 | $155.91 | $5,150 |
| 2023 | - | $1,076,956 | - | $857,968 | $394,344 | $291,508 | $111.10 | $3,166 |
| a. | James L. Cunniff (PEO 1) served as President and Chief Executive Office for fiscal 2025 and 2024 and Kathleen S. Skarvan (PEO 2) served as President and Chief Executive Officer of the Company for fiscal 2023. The Other NEOs consisted of Bradley M. Nagel for fiscal 2025 and 2024, and, Christopher G. Holland and Bradley M. Nagel for fiscal 2023. |
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| b. | None of our named executive officers participate in a pension plan; therefore, no adjustment from the Summary Compensation Table (“SCT”) total related to pension value was made. A reconciliation of Total Compensation from the SCT to Compensation Actually Paid to our PEO and our Other NEOs (as an average) is shown below: |
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| Adjustments | PEO 1 ($) | Average of Other NEOs ($) |
|---|---|---|
| Total Compensation from SCT | 1,486,329 | 756,674 |
| (Subtraction): SCT amounts of Stock and Option awards | (547,298) | (209,338) |
| Addition: Fair value as of the end of the covered fiscal year of all awards granted during the covered fiscal year that are outstanding and unvested as of the end of the covered fiscal year | 713,283 | 273,400 |
| Addition (Subtraction): Amount equal to the difference in fair value from the end of the prior fiscal year to the end of the covered fiscal year of any awards granted in any prior fiscal year that are outstanding and unvested as of the end of the covered fiscal year | 525,756 | 41,236 |
| Addition: Fair value as of the vesting date, for awards that are granted and vest in the same year | - | - |
| Addition (Subtraction): Amount equal to the difference in fair value from the end of the prior fiscal year to the vesting date of any awards granted in any prior fiscal year for which all applicable vesting conditions were satisfied at the end of or during the covered fiscal year | 2,675,595 | 41,242 |
| (Subtraction): Amount equal to the fair value at the end of the prior fiscal year for any awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year | - | - |
| Addition: Dividends or other earnings paid on stock or option awards in the covered year prior to vesting if not otherwise included in the total compensation for the covered year | - | - |
| Compensation Actually Paid (as calculated) | 4,853,665 | 903,214 |
| c. | TSR as calculated based on a fixed investment of one hundred dollars measured from the market close on June 30, 2022 (the last trading day of fiscal 2022) through and including the end of the fiscal year for each year reported in the table. |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.