President, Chief Executive Officer and Chairman · ZYNEX INC (ZYXI)

Thomas Sandgaard

A named executive officer of ZYNEX in every fiscal year CompBrief holds from FY2020 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$991,810

FY2023: $1,217,895

1st of 3 named executive officers at Zynex by FY2024 total.

3 named officers on file for ZYNEX, FY2024

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What this number hides

The filing gives the total. ZYNEX’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 28, 2025 (DEF 14A).

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Thomas Sandgaard compensation by year

ZYNEX Summary Compensation Table · all 5 fiscal years held
In US dollars, as ZYNEX reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024
Salary$480,000$495,833$575,000$650,000$700,000
Bonus$0$0$0$0$0
Stock awards$0$0$223,350$225,065$112,458
Option awards$847,000$135,640$0$0$0
Non-equity incentive$0$342,438$549,844$304,688$170,625
Pension and deferred compensation$0$0$0$0$0
All other$20,953$14,440$10,639$38,142$8,727
Total$1,347,953$988,351$1,358,833$1,217,895$991,810

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ZYNEX INC DEF 14A filed March 28, 2025, accession 0001558370-25-004019, and prior-year filings. Open the filing on EDGAR.

How this page was built: the ZYNEX INC filed document, accession 0001558370-25-004019. Every figure is read from that document and cited to the page and table it appears in. Filed March 28, 2025.

$1.3M
$988K
$1.4M
$1.2M
$992K
FY20
FY21
FY22
FY23
FY24
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU6,912$55,365—
RSU4,589$36,758—
RSU2,415$19,344—
RSU2,283$18,287—
RSU1,922$15,395—
RSU737$5,903—
RSU623$4,990—

Per the Outstanding Equity Awards at Fiscal Year-End table in ZYNEX INC's FY2024 proxy; value at the fiscal year-end close, as the company printed it.

ZYNEX’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Thomas Sandgaard · this pagePresident, Chief Executive Officer and Chairman$991,810
Daniel MoorheadChief Financial Officer$909,805
Anna LucsokChief Operating Officer$709,109

Board service

ZYNEX board · FY2022–FY2024

How this board is paid

Company policy: ZYNEX pays directors a $40,000 cash retainer and $10,000 in RSUs. As stated in ZYNEX's FY2024 proxy.

The full ZYNEX compensation record

free company brief

This page is one person within ZYNEX's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the ZYNEX proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order ZYNEX's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ZYNEX's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Thomas Sandgaard's compensation dossier