PULSE BIOSCIENCES, INC.
For the period ended Jun 11, 2026. Filed May 11, 2026.
View on SEC.govAbout this filing
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.
Jun 11, 2026 · Filed May 11, 2026
Contents
Pay Versus Performance
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 401(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid (as defined by SEC rules) and certain financial performance of the Company. The Compensation Committee did not consider the pay versus performance information presented in this section when making its compensation decisions for either of the years shown. For further information about how we align executive compensation with the Company’s performance, please refer to the Compensation Discussion and Analysis, above. The amounts in the tables below are calculated in accordance with SEC rules and do not represent amounts actually earned or realized by our NEOs.
The following table sets forth the compensation for our principal executive officers (our “PEOs”) and the average compensation for certain of our other NEOs, each as reported in the Summary Compensation Table and with certain adjustments to reflect Compensation Actually Paid (“CAP”), as defined under the SEC rules. The table also provides information with respect to Cumulative Total Shareholder Return (“TSR”) and Net Income.
| Year | Summary Compensation Table Total for PEO Burke T. Barrett ($) | Compensation Actually Paid to PEO Burke T. Barrett ($) | Summary Compensation Table Total for PEO Kevin Danahy ($) | Compensation Actually Paid to PEO Kevin Danahy ($) | Summary Compensation Table Total for PEO Paul A. LaViolette ($) | Compensation Actually Paid to PEO Paul A. LaViolette ($) | Average Summary Compensation Table Total for non-PEO NEOs ($) | Average Compensation Actually Paid to non-PEO NEOs ($) | PLSE Total Shareholder Return ($) | Net Loss ($ in thousands) |
|---|---|---|---|---|---|---|---|---|---|---|
| (a) | (b) | (c) | (b) | (c) | (b) | (c) | (d) | (e) | (f) | (h) |
| 2025 | — | — | 854,577 | (4,679,472) | 7,427,899 | 4,584,925 | 1,856,445 | (743,231) | 57.54 | (72,781) |
| 2024 | 9,137,576 | 2,161,332 | 1,936,098 | 8,698,360 | — | — | 616,410 | 5,508,580 | 72.97 | (53,585) |
| 2023 | — | — | 6,167,404 | 18,404,374 | — | — | 3,518,706 | 7,757,424 | 51.30 | (42,210) |
| 2022 | — | — | 1,567,001 | 1,927,003 | — | — | 424,287 | (193,680) | 11.61 | (58,505) |
| (1) | Messrs. Paul A. LaViolette and Kevin Danahy were our PEOs during 2025. Mr. Danahy served as our interim Chief Executive Officer from January 1, 2025 through January 9, 2025, upon which Mr. LaViolette assumed the role subsequent to his appointment as Chief Executive Officer. Our non-PEO NEOs for 2025 were Mr. Darrin R. Uecker, our Chief Technology Officer, and Mr. Jon Skinner, our Chief Financial Officer, subsequent to his appointment on February 3, 2025. Messrs. Danahy and Burke T. Barrett were our PEOs during 2024. Mr. Danahy served as our Chief Executive Officer from January 1, 2024 through May 12, 2024, upon which Mr. Barrett assumed the role subsequent to his appointment as Chief Executive Officer. Our non-PEO NEO for 2024 was Mr. Uecker. Mr. Danahy was our PEO for 2023 and 2022. Our non-PEO NEOs for 2023 and 2022 were Mr. Uecker and Mr. Mitchell E. Levinson, our former Chief Strategy Officer. |
| (2) | The amounts shown for Compensation Actually Paid have been calculated in accordance with 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the PEOs and non-PEO NEOs. The amounts reflect the Summary Compensation Table with certain adjustments as detailed in the table below. |
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| Year | Executives | Summary Compensation Table Total ($) (1) | Grant Date Fair Value of Option Awards Granted in Fiscal Year ($) | Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards Granted in Fiscal Year ($) | Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Fiscal Years ($) | Change in Fair Value as of Vesting Date of Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year ($) | Fair Value at Vesting of Option Awards Granted in Fiscal Year That Vested During Fiscal Year ($) | Fair Value as of Prior Fiscal Year-End of Option Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year ($) | Total Equity Award Adjustments ($) | Compensation Actually Paid ($) |
|---|---|---|---|---|---|---|---|---|---|---|
| (a) · (b) · (i) · (ii) · (iii) · (iv) · (v) · (c) = (i) + (ii) + (iii) + (iv) + (v) · (a) + (b) + (c) | ||||||||||
| 2025 | PEO: Kevin Danahy | 854,577 | — | — | (5,620,374) | 86,325 | — | — | (5,534,049) | (4,679,472) |
| PEO: Paul A. LaViolette | 7,427,899 | (6,717,960) | 4,617,545 | (608,104) | (134,455) | — | — | 3,874,986 | 4,584,925 | |
| non-PEO NEOs | 1,856,445 | (1,209,518) | 726,932 | (2,121,016) | 3,926 | — | — | (1,390,158) | (743,231) | |
| 2024 | PEO: Burke T. Barrett | 9,137,576 | (8,700,311) | — | — | — | 1,724,067 | — | 1,724,067 | 2,161,332 |
| PEO: Kevin Danahy | 1,936,098 | (1,319,688) | — | 7,479,732 | 602,218 | — | — | 8,081,950 | 8,698,360 | |
| non-PEO NEO | 616,410 | — | — | 4,913,882 | (21,712) | — | — | 4,892,170 | 5,508,580 | |
| 2023 | PEO: Kevin Danahy | 6,167,404 | (5,332,679) | 12,239,432 | 4,949,944 | 380,273 | — | — | 17,569,649 | 18,404,374 |
| non-PEO NEOs | 3,518,706 | (2,809,061) | 6,684,038 | 224,107 | 66,128 | 73,506 | — | 7,047,779 | 7,757,424 | |
| 2022 | PEO: Kevin Danahy | 1,567,001 | (1,215,760) | 1,575,762 | — | — | — | — | 1,575,762 | 1,927,003 |
| non-PEO NEOs | 424,287 | — | — | (445,513) | (172,454) | — | — | (617,967) | (193,680) | |
| (1) | The Summary Compensation Table Total for non-PEO NEOs represents the average of the total compensation paid to each of our non-PEO NEOs as shown in our Summary Compensation Table. Our non-PEO NEOs for 2025 were Messrs. Uecker and Skinner, our non-PEO NEO for 2024 was Mr. Uecker, and our non-PEO NEOs for 2023 and 2022 were Messrs. Uecker and Levinson. |
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