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.
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.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| 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 Hoyt | 549,383 | 2,757 | 1,515,810 | 0 | 511,301 | 0 | 47,020 | 2,626,271 |
| Chief Executive Officer and Director | ||||||||
| Michael Moore | 463,205 | 2,757 | 1,045,669 | 0 | 431,097 | 0 | 76,429 | 2,019,157 |
| President | ||||||||
| Jeremy Trahan | 296,568 | 2,757 | 447,680 | 0 | 205,659 | 0 | 34,427 | 987,091 |
| General Counsel | ||||||||
| Trae Fitzgerald | 271,244 | 2,757 | 406,978 | 0 | 190,558 | 0 | 43,289 | 914,826 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| W. Todd Zehnder | $4,051,078 | $1,998,975 | $1,935,105 | +2,052,103 |
| Casey Hoyt | 2,626,271 | 2,616,985 | 2,512,214 | +9,286 |
| Michael Moore | 2,019,157 | 2,013,354 | 1,950,413 | +5,803 |
| Jeremy Trahan | 987,091 | 947,226 | — | +39,865 |
| Trae Fitzgerald | 914,826 | 872,178 | 826,390 | +42,648 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Michael Moore | RSU | 2025-01-21 | — | — | 25,661 | — | $209,137 |
| Trae Fitzgerald | RSU | 2025-01-21 | — | — | 39,949 | — | 325,584 |
| Casey Hoyt | RSU | 2025-01-21 | — | — | 148,791 | — | 1,212,647 |
| Trae Fitzgerald | RSU | 2025-01-21 | — | — | 9,987 | — | 81,394 |
| Casey Hoyt | RSU | 2025-01-21 | — | — | 37,198 | — | 303,163 |
| Michael Moore | RSU | 2025-01-21 | — | — | 102,642 | — | 836,532 |
| Jeremy Trahan | RSU | 2025-01-21 | — | — | 43,944 | — | 358,144 |
| Jeremy Trahan | RSU | 2025-01-21 | — | — | 10,986 | — | 89,536 |
| W. Todd Zehnder | RSU | 2025-01-21 | — | — | 352,642 | — | 2,874,032 |
| W. Todd Zehnder | RSU | 2025-01-21 | — | — | 25,661 | — | 209,137 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michael Moore | $1,045,669 | $0 | $0 | 0.0% |
| Trae Fitzgerald | 406,978 | 0 | 0 | 0.0% |
| Casey Hoyt | 1,515,810 | 0 | 0 | 0.0% |
| Jeremy Trahan | 447,680 | 0 | 0 | 0.0% |
| W. Todd Zehnder | 3,083,169 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Michael Moore | RSU | 128,303 | — | $953,291 |
| W. Todd Zehnder | RSU | 378,303 | — | 2,810,791 |
| Casey Hoyt | RSU | 185,989 | — | 1,381,898 |
| Casey Hoyt | RSU | 106,120 | — | 788,472 |
| Michael Moore | RSU | 71,578 | — | 531,825 |
| Jeremy Trahan | RSU | 28,729 | — | 213,456 |
| W. Todd Zehnder | RSU | 71,578 | — | 531,825 |
| Jeremy Trahan | RSU | 54,930 | — | 408,130 |
| Casey Hoyt | RSU | 50,085 | — | 372,132 |
| Trae Fitzgerald | RSU | 49,936 | — | 371,024 |
| Michael Moore | RSU | 33,674 | — | 250,198 |
| W. Todd Zehnder | RSU | 33,674 | — | 250,198 |
| Trae Fitzgerald | RSU | 26,117 | — | 194,049 |
| Trae Fitzgerald | RSU | 11,987 | — | 89,063 |
| Jeremy Trahan | RSU | 6,105 | — | 45,360 |
| Casey Hoyt | Option | 134,166 | 1.81 | — |
| Casey Hoyt | Option | 305,802 | 4.13 | — |
| Casey Hoyt | Option | 231,201 | 5.7 | — |
| Casey Hoyt | Option | 162,178 | 8.57 | — |
| Michael Moore | Option | 156,673 | 5.7 | — |
| Casey Hoyt | Option | 127,034 | 5.21 | — |
| Michael Moore | Option | 156,449 | 4.13 | — |
| Michael Moore | Option | 85,410 | 5.21 | — |
| Michael Moore | Option | 120,584 | 8.57 | — |
| W. Todd Zehnder | Option | 126,913 | 1.81 | — |
| W. Todd Zehnder | Option | 201,470 | 4.13 | — |
| W. Todd Zehnder | Option | 152,321 | 5.7 | — |
| W. Todd Zehnder | Option | 120,584 | 8.57 | — |
| W. Todd Zehnder | Option | 85,410 | 5.21 | — |
| Trae Fitzgerald | Option | 27,075 | 1.81 | — |
| Trae Fitzgerald | Option | 71,954 | 4.13 | — |
| Trae Fitzgerald | Option | 54,400 | 5.7 | — |
| Trae Fitzgerald | Option | 42,930 | 8.57 | — |
| Trae Fitzgerald | Option | 30,407 | 5.21 | — |
| Jeremy Trahan | Option | 26,125 | 6.34 | — |
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 consultant | Arthur J. Gallagher & Co. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-04 | 20,863,084 | 1,388,461 | 132,006 | 93.76% | Passed |
| 2025 | 2025-06-05 | 25,027,453 | 470,787 | 79,506 | 98.15% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-04 | 93.76%a |
| 2025 | 2025-06-05 | 98.15%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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Randy DobbsIndependent · Board Chair · Audit · Compensation | $131,625 | $145,002 | $0 | $0 | $0 | $276,627 |
| Nitin KaushalIndependent | 124,000 | 129,999 | 0 | 0 | 0 | 253,999 |
| Sabrina HeltzIndependent | 121,625 | 129,999 | 0 | 0 | 0 | 251,624 |
| Timothy SmokoffIndependent | 119,000 | 129,999 | 0 | 0 | 0 | 248,999 |
| Dr. William FrazierEmployee director | 0 | 103,921 | 0 | 53,044 | 0 | 156,965 |
| Bruce GreensteinNot independent · Departed during FY | 0 | 0 | 0 | 0 | 0 | 0 |
| W. Todd ZehnderEmployee director | — | — | — | — | — | 0 |
| Casey HoytEmployee director | — | — | — | — | — | 0 |
| 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 | — |
| Component | FY2025 |
|---|---|
| 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.
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 | Viemed Healthcare | 2025 | Casey 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.
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, W. Todd Zehnder | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation”. As printed: 4,051,078. Filing ↗machine: r8 · c54 · span 483123–483132 |
| 2 | Section 01, Casey Hoyt | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation”. As printed: 2,626,271. Filing ↗machine: r2 · c54 · span 460498–460507 |
| 3 | Section 01, Michael Moore | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation”. As printed: 2,019,157. Filing ↗machine: r5 · c54 · span 471838–471847 |
| 4 | Section 01, Jeremy Trahan | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation”. As printed: 987,091. Filing ↗machine: r14 · c54 · span 505909–505916 |
| 5 | Section 01, Trae Fitzgerald | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation”. As printed: 914,826. Filing ↗machine: r11 · c54 · span 494433–494440 |
| 6 | Section 03, Michael Moore RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 7 | Section 03, Trae Fitzgerald RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 8 | Section 03, Casey Hoyt RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 9 | Section 03, Trae Fitzgerald RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 10 | Section 03, Casey Hoyt RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 11 | Section 03, Michael Moore RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 12 | Section 03, Jeremy Trahan RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 13 | Section 03, Jeremy Trahan RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 14 | Section 03, W. Todd Zehnder RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 15 | Section 03, W. Todd Zehnder RSU | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 16 | Section 08, Randy Dobbs | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 276,627. Filing ↗machine: span 899661–899668 |
| 17 | Section 08, Nitin Kaushal | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 253,999. Filing ↗machine: span 895104–895111 |
| 18 | Section 08, Sabrina Heltz | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 251,624. Filing ↗machine: span 913454–913461 |
| 19 | Section 08, Timothy Smokoff | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 248,999. Filing ↗machine: span 904196–904203 |
| 20 | Section 08, Dr. William Frazier | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 156,965. Filing ↗machine: span 908921–908928 |
| 21 | Section 08, Bruce Greenstein | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 22 | Section 08, W. Todd Zehnder | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 23 | Section 08, Casey Hoyt | DEF 14A | 2026-04-22 | 0001729149-26-000022 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 24 | Section 06, 2026 vote | Form 8-K | 2026-06-04 | 0001729149-26-000034 | Item 5.07 · say-on-pay result. As reported: 93.76% (votes for as printed: 20,863,084). Filing ↗ |
| 25 | Section 06, 2025 vote | Form 8-K | 2025-06-05 | 0001729149-25-000098 | Item 5.07 · say-on-pay result. As reported: 98.15% (votes for as printed: 25,027,453). Filing ↗ |
| 26 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 27 | Section 03b vehicle mix (computed) | 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 |
| 28 | Section 09b board cost (computed) | 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 |
| 29 | Viemed Healthcare (subject), Section 10b CEO total | DEF 14A | 2026-04-22 | 0001729149-26-000022 | CEO total compensation as printed in Viemed Healthcare's own proxy. As printed: 2,626,271. Filing ↗machine: r2 · c54 · span 460498–460507 |