Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-04

Viemed Healthcare (VMD)

CEO Casey Hoyt was paid $2,626,271 in fiscal year 2025, ↑ up 0.4% from fiscal year 2024 (SEC filing 0001729149-26-000022 ↗): 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.

$4,051,078
W. Todd Zehnder total, FY2025
Chief Operating Officer and Director — highest-paid officer; CEO Casey Hoyt: $2,626,271
—
CEO (Casey Hoyt) pay percentile vs peers
—
CEO-to-median pay ratio
93.76%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Casey Hoyt (Chief Executive Officer and Director), FY2025 total compensation $2,626,271 (base salary $549,383) [exec_comp, SEC accession 0001729149-26-000022, filed 2026-04-22]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

VMD's next annual pay disclosure, estimated April 22, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
W. Todd Zehnder$463,205$7,757$3,083,169$0$431,097$0$65,850$4,051,078
Chief Operating Officer and Director
Casey Hoyt549,3832,7571,515,8100511,301047,0202,626,271
Chief Executive Officer and Director
Michael Moore463,2052,7571,045,6690431,097076,4292,019,157
President
Jeremy Trahan296,5682,757447,6800205,659034,427987,091
General Counsel
Trae Fitzgerald271,2442,757406,9780190,558043,289914,826
Chief Financial 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 FY2024→2025
W. Todd Zehnder$4,051,078$1,998,975$1,935,105↑ +2,052,103
Casey Hoyt2,626,2712,616,9852,512,214↑ +9,286
Michael Moore2,019,1572,013,3541,950,413↑ +5,803
Jeremy Trahan987,091947,226—↑ +39,865
Trae Fitzgerald914,826872,178826,390↑ +42,648

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

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Companies that benchmark against VMD
1 company names VMD as a compensation peer

Each company listed discloses VMD 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 VMD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01b

Executives — the named officers

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.

ExecutiveRoleFY2025 total
Casey HoytCEO$2,626,271
Jeremy TrahanGeneral Counsel$987,091
Michael MoorePresident$2,019,157
Trae FitzgeraldCFO$914,826
W. Todd ZehnderCOO$4,051,078
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Bruce GreensteinFormer director (through FY2025)—
Dr. William FrazierDirector$156,965
Nitin KaushalIndependent Director$253,999
Randy DobbsChair of the Board$276,627
Sabrina HeltzIndependent Director$251,624
Timothy SmokoffIndependent Director$248,999
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael MooreRSU2025-01-21——102,642—$836,532
Michael MooreRSU2025-01-21——25,661—209,137
Trae FitzgeraldRSU2025-01-21——39,949—325,584
Casey HoytRSU2025-01-21——148,791—1,212,647
Trae FitzgeraldRSU2025-01-21——9,987—81,394
Jeremy TrahanRSU2025-01-21——10,986—89,536
W. Todd ZehnderRSU2025-01-21——25,661—209,137
Casey HoytRSU2025-01-21——37,198—303,163
Jeremy TrahanRSU2025-01-21——43,944—358,144
W. Todd ZehnderRSU2025-01-21——352,642—2,874,032
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Moore$1,045,669$0$00.0%
Trae Fitzgerald406,978000.0%
Casey Hoyt1,515,810000.0%
Jeremy Trahan447,680000.0%
W. Todd Zehnder3,083,169000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Michael MooreRSU128,303—$953,291
W. Todd ZehnderRSU378,303—2,810,791
Casey HoytRSU185,989—1,381,898
Casey HoytRSU106,120—788,472
Michael MooreRSU71,578—531,825
Jeremy TrahanRSU28,729—213,456
W. Todd ZehnderRSU71,578—531,825
Jeremy TrahanRSU54,930—408,130
Casey HoytRSU50,085—372,132
Trae FitzgeraldRSU49,936—371,024
Michael MooreRSU33,674—250,198
W. Todd ZehnderRSU33,674—250,198
Trae FitzgeraldRSU26,117—194,049
Trae FitzgeraldRSU11,987—89,063
Jeremy TrahanRSU6,105—45,360
Casey HoytOption134,1661.81—
Casey HoytOption305,8024.13—
Casey HoytOption231,2015.7—
Casey HoytOption162,1788.57—
Michael MooreOption156,6735.7—
Casey HoytOption127,0345.21—
Michael MooreOption156,4494.13—
Michael MooreOption85,4105.21—
Michael MooreOption120,5848.57—
W. Todd ZehnderOption126,9131.81—
W. Todd ZehnderOption201,4704.13—
W. Todd ZehnderOption152,3215.7—
W. Todd ZehnderOption120,5848.57—
W. Todd ZehnderOption85,4105.21—
Trae FitzgeraldOption27,0751.81—
Trae FitzgeraldOption71,9544.13—
Trae FitzgeraldOption54,4005.7—
Trae FitzgeraldOption42,9308.57—
Trae FitzgeraldOption30,4075.21—
Jeremy TrahanOption26,1256.34—
05

Incentive-plan design — the Compensation Discussion & Analysis

The primary objectives of the executive compensation program are to attract and retain highly qualified executives, encourage the achievement of short-term and long-term corporate goals, and align the interests of executives with those of shareholders by linking compensation to the performance of the Corporation and the value of its stock.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantArthur J. Gallagher & Co.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0420,863,0841,388,461132,00693.76%Passed
20252025-06-0525,027,453470,78779,50698.15%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
20262026-06-0493.76%a
20252025-06-0598.15%b

a. Voting standard not stated in the filing.

b. 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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Randy DobbsIndependent · Board Chair · Audit · Compensation$131,625$145,002$0$0$0$276,627
Nitin KaushalIndependent124,000129,999000253,999
Sabrina HeltzIndependent121,625129,999000251,624
Timothy SmokoffIndependent119,000129,999000248,999
Dr. William FrazierEmployee director0103,921053,0440156,965
W. Todd ZehnderEmployee director—————0
Casey HoytEmployee director—————0
Bruce GreensteinNot independent · Departed during FY000000
09

Board fee structure and ownership guideline

Annual cash retainer$92,000
Annual equity retainer—
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$496,250
Equity awards (grant-date value)$638,920
All other compensation$0
Total cost of the board$1,135,170

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

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
1Viemed Healthcare2025Casey Hoyt$549,383$1,515,810$0$511,301$2,626,271

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.

10d

Frequently asked questions

Who was the highest-paid executive at Viemed Healthcare in fiscal 2025?
As disclosed, W. Todd Zehnder (Chief Operating Officer and Director) was the highest-paid executive at Viemed Healthcare in fiscal 2025, with total compensation of $4,051,078.
How did shareholders vote on Viemed Healthcare's executive compensation?
As disclosed, 93.76% of shareholders supported Viemed Healthcare's executive compensation in the latest say-on-pay vote.
How much does Viemed Healthcare spend in total on board compensation for fiscal 2025?
As disclosed, Viemed Healthcare reported total board compensation of $1,135,170 for fiscal 2025.

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.

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, W. Todd ZehnderDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation”. As printed: 4,051,078. Filing ↗machine: r8 · c54 · span 483123–483132
2Section 01, Casey HoytDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation”. As printed: 2,626,271. Filing ↗machine: r2 · c54 · span 460498–460507
3Section 01, Michael MooreDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation”. As printed: 2,019,157. Filing ↗machine: r5 · c54 · span 471838–471847
4Section 01, Jeremy TrahanDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation”. As printed: 987,091. Filing ↗machine: r14 · c54 · span 505909–505916
5Section 01, Trae FitzgeraldDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation”. As printed: 914,826. Filing ↗machine: r11 · c54 · span 494433–494440
6Section 03, Michael Moore RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Michael Moore RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 03, Trae Fitzgerald RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
9Section 03, Casey Hoyt RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
10Section 03, Trae Fitzgerald RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
11Section 03, Jeremy Trahan RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
12Section 03, W. Todd Zehnder RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
13Section 03, Casey Hoyt RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
14Section 03, Jeremy Trahan RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
15Section 03, W. Todd Zehnder RSUDEF 14A2026-04-220001729149-26-000022Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
16Section 08, Randy DobbsDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 276,627. Filing ↗machine: span 899549–899681
17Section 08, Nitin KaushalDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 253,999. Filing ↗machine: span 894992–895124
18Section 08, Sabrina HeltzDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 251,624. Filing ↗machine: span 913342–913474
19Section 08, Timothy SmokoffDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 248,999. Filing ↗machine: span 904084–904216
20Section 08, Dr. William FrazierDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 156,965. Filing ↗machine: span 908809–908941
21Section 08, W. Todd ZehnderDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Casey HoytDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Bruce GreensteinDEF 14A2026-04-220001729149-26-000022Section “Director Compensation”. As printed: 0. Filing ↗
24Section 06, 2026 voteForm 8-K2026-06-040001729149-26-000034Item 5.07 · say-on-pay result. As reported: 93.76% (votes for as printed: 20,863,084). Filing ↗
25Section 06, 2025 voteForm 8-K2025-06-050001729149-25-000098Item 5.07 · say-on-pay result. As reported: 98.15% (votes for as printed: 25,027,453). Filing ↗
26Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
27Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
28Section 09b board cost (computed)Computed——Cash 496,250 + equity 638,920 + all other 0 = 1,135,170, summed across the director compensation table rows.machine: formula: Σ = 1,135,170
29Viemed Healthcare (subject), Section 10b CEO totalDEF 14A2026-04-220001729149-26-000022CEO total compensation as printed in Viemed Healthcare's own proxy. As printed: 2,626,271. Filing ↗machine: r2 · c54 · span 460498–460507