Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-14

TriSalus Life Sciences (TLSI)

Fiscal year 2025 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.

$4,823,349
Mary Szela total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
96.43%
Say-on-pay support, latest vote
Companies that benchmark against TLSI
No companies currently name TLSI as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Mary Szela$600,920$153,120$2,570,750$1,482,762$0$0$15,797$4,823,349
Chief Executive Officer and President
David Patience268,462239,1881,136,7501,721,5490077,6793,443,628
Chief Financial Officer
Richard Marshak435,329113,535399,250592,2800015,6061,556,000
Chief Commercial 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Mary Szela$4,823,349
David Patience3,443,628
Richard Marshak1,556,000

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mary SzelaRSU300,000$2,094,000
David PatienceRSU200,0001,396,000
Mary SzelaRSU125,000872,500
David PatienceRSU65,000453,700
Richard MarshakRSU60,000418,800
Mary SzelaRSU63,674444,445
Mary SzelaRSU40,000279,200
Mary SzelaRSU21,089147,201
Richard MarshakRSU12,50087,250
Mary SzelaRSU9,19364,167
Richard MarshakRSU11,06377,220
Richard MarshakRSU5,15635,989
Richard MarshakRSU1,0327,203
Richard MarshakRSU9556,666
Mary SzelaRSU17,3020
Mary SzelaOption18,5362.43
Mary SzelaRSU101,3450
Mary SzelaOption20,68910.3
Mary SzelaOption71,87511.51
Mary SzelaOption156,4069.4
Mary SzelaOption240,0005.3
Mary SzelaOption250,0005.55
David PatienceOption290,0003.88
David PatienceOption130,0005.55
Richard MarshakOption2,97410.3
Richard MarshakOption16,66712
Richard MarshakOption20,8349.28
Richard MarshakOption30,0784.01
Richard MarshakOption120,0005.55
Richard MarshakOption34,5319.5
Richard MarshakOption75,0005.3
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1432,625,0821,206,105176,36996.43%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1496.43%a

a. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 7,500 / 15,000
Stock ownership guideline
10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1TriSalus Life Sciences2025Mary Szela$600,920$2,570,750$1,482,762$0$4,823,349

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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Mary SzelaDEF 14A2026-03-310001628280-26-022124Section “Summary Compensation Table” · page 31. As printed: 4,823,349. Filing ↗machine: span 364930–364939
2Section 01, David PatienceDEF 14A2026-03-310001628280-26-022124Section “Summary Compensation Table” · page 31. As printed: 3,443,628. Filing ↗machine: span 378031–378040
3Section 01, Richard MarshakDEF 14A2026-03-310001628280-26-022124Section “Summary Compensation Table” · page 31. As printed: 1,556,000. Filing ↗machine: span 389943–389952
4Section 06, 2026 voteForm 8-K2026-05-140001628280-26-035068Item 5.07 · say-on-pay result. As reported: 96.43% (votes for as printed: 32,625,082). Filing ↗
5TriSalus Life Sciences (subject), Section 10b CEO totalDEF 14A2026-03-310001628280-26-022124CEO total compensation as printed in TriSalus Life Sciences's own proxy. As printed: 4,823,349. Filing ↗machine: span 364930–364939