CEO Kevin Hykes was paid $3,905,801 in fiscal year 2025, ↓ down 55.4% from fiscal year 2024 (SEC filing 0001140361-26-015657 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$3,905,801 ↓ Kevin Hykes total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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CVRX's next annual pay disclosure, estimated April 17, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Kevin Hykes | $660,533 | $0 | $1,270,080 | $1,516,896 | $444,492 | $0 | $13,800 | $3,905,801 |
| President and Chief Executive Officer | ||||||||
| Robert John | 485,313 | 0 | 712,800 | 389,473 | 160,998 | 0 | 13,800 | 1,762,384 |
| Chief Revenue Officer | ||||||||
| Philip Adamson | 549,539 | 0 | 259,200 | 307,479 | 231,125 | 0 | 13,800 | 1,361,143 |
| Chief Medical Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Kevin Hykes | $3,905,801 | $8,756,626 | — | ↓ −4,850,825 |
| Robert John | 1,762,384 | 1,487,502 | — | ↑ +274,882 |
| Philip Adamson | 1,361,143 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses CVRX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CVRX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Philip Adamson | Chief Medical Officer | $1,361,143 |
| Kevin Hykes | CEO | $3,905,801 |
| Robert John | Chief Revenue Officer | $1,762,384 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Joseph Slattery | Independent Director | $210,492 |
| Kevin Ballinger | Independent Director | $156,617 |
| Kirk Nielsen | Independent Director | $168,992 |
| Martha Shadan | Independent Director | $158,367 |
| Mitch Hill | Independent Director | $167,992 |
| Mudit Jain | Independent Director | $170,492 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Philip Adamson | Option | 114,918 | 7.82 | — |
| Robert John | Option | 76,370 | 11.7 | — |
| Kevin Hykes | RSU | 98,000 | — | 695,800 |
| Philip Adamson | Option | 50,000 | 12.96 | — |
| Philip Adamson | RSU | 20,000 | — | 142,000 |
| Robert John | RSU | 55,000 | — | 390,500 |
| Kevin Hykes | Option | 195,000 | 23.61 | — |
| Kevin Hykes | Option | 116,250 | 8.55 | — |
| Kevin Hykes | Option | 246,000 | 12.96 | — |
| Robert John | Option | 93,000 | 12.96 | — |
| CEO STI target (% of salary) | NaN% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Aon |
| Clawback policy | — |
| Anti-hedging | The policy prohibits short-sales, transactions in put or call options or other derivative transactions, hedging transactions or other inherently speculative transactions in CVRx stock. |
| Anti-pledging | The policy prohibits pledging CVRx stock in any circumstance, including by purchasing CVRx stock on margin or holding CVRx stock in a margin account. |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Joseph SlatteryIndependent · Audit · Compensation | $105,000 | $0 | $105,492 | — | $0 | $210,492 |
| Mudit JainIndependent · Compensation (Chair) · Nominating and Corporate Governance | 65,000 | 0 | 105,492 | — | 0 | 170,492 |
| Kirk NielsenIndependent · Nominating and Corporate Governance (Chair) | 63,500 | 0 | 105,492 | — | 0 | 168,992 |
| Mitch HillIndependent · Audit (Chair) · Compensation | 62,500 | 0 | 105,492 | — | 0 | 167,992 |
| Martha ShadanIndependent · Audit | 52,875 | 0 | 105,492 | — | 0 | 158,367 |
| Kevin BallingerIndependent · Compensation · Nominating and Corporate Governance | 51,125 | 0 | 105,492 | — | 0 | 156,617 |
| Kevin HykesEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $45,000 |
|---|---|
| Annual equity retainer | $130,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $400,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $400,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | CVRx Inc | 2025 | Kevin Hykes | $660,533 | $1,270,080 | $1,516,896 | $444,492 | $3,905,801 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Kevin Hykes | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Executive Compensation”. As printed: 3,905,801. Filing ↗ |
| 2 | Section 01, Robert John | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Executive Compensation”. As printed: 1,762,384. Filing ↗ |
| 3 | Section 01, Philip Adamson | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Executive Compensation”. As printed: 1,361,143. Filing ↗machine: r3 · c24 · span 316779–316788 |
| 4 | Section 08, Joseph Slattery | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Director Compensation”. As printed: 210,492. Filing ↗machine: span 198329–198408 |
| 5 | Section 08, Mudit Jain | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Director Compensation”. As printed: 170,492. Filing ↗machine: span 191275–191354 |
| 6 | Section 08, Kirk Nielsen | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Director Compensation”. As printed: 168,992. Filing ↗machine: span 193522–193601 |
| 7 | Section 08, Mitch Hill | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Director Compensation”. As printed: 167,992. Filing ↗machine: span 188722–188801 |
| 8 | Section 08, Martha Shadan | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Director Compensation”. As printed: 158,367. Filing ↗machine: span 196078–196157 |
| 9 | Section 08, Kevin Ballinger | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Director Compensation”. As printed: 156,617. Filing ↗machine: span 186477–186556 |
| 10 | Section 08, Kevin Hykes | DEF 14A | 2026-04-20 | 0001140361-26-015657 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 12 | Section 09b board cost (computed) | Computed | — | — | Cash 400,000 + equity 0 + all other 0 = 400,000, summed across the director compensation table rows.machine: formula: Σ = 400,000 |
| 13 | CVRx Inc (subject), Section 10b CEO total | DEF 14A | 2026-04-20 | 0001140361-26-015657 | CEO total compensation as printed in CVRx Inc's own proxy. As printed: 3,905,801. Filing ↗ |
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