Company: PETVW
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001641172-25-018617
Chunk: 59

Company: PetVivo Holdings, Inc.
Filing Date: 2025-07-10
Form: 10-K
Item: Item 1
Chunk 59
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 and stock awards.

ITEM
11. EXECUTIVE COMPENSATION

The
Company qualifies as a “smaller reporting company” under rules adopted by the SEC. Accordingly, the Company has provided
scaled executive compensation disclosure that satisfies the requirements applicable to the Company in its status as a smaller reporting
company. Under the scaled disclosure obligations, the Company is not required to provide, among other things, a compensation discussion
and analysis or a compensation committee report, and certain other tabular and narrative disclosures relating to executive compensation.

Our
named executive officers (“Named Executive Officers” or “NEO’s”) for fiscal year ended March 31, 2025 (“fiscal
2025”) were as follows:

●John
                                            Lai, our Chief Executive Officer and President;

●Garry
                                            Lowenthal, our Chief Financial Officer; and

Certain
information regarding the compensation of our Named Executive Officer for our fiscal years ended March 31, 2025 (“fiscal 2025”)
and March 31, 2024 (“fiscal 2024”) is provided on the following pages.

37

SUMMARY
COMPENSATION TABLE

The
following table sets forth information regarding the compensation paid to or earned by our Named Executive Officers for fiscal 2025
and 2024.

    Name
and Principal Position 
    Year  
    Salary
 ($)(1)  
    Bonus
 ($)  
    Stock Awards
 ($)(2)  
    Non-Equity Incentive Plan Compensation
 ($)  
    All Other Compensation
 ($)(3)  
    Total 
($) 

    John Lai 
    2025  
     166,667  
     25,000  
     297,700  
     —  
    $3,912  
    $493,279 
  
    CEO and President 
    2024  
     350,000  
     —  
     143,500  
     —  
    $3,912  
    $497,412 

    Garry Lowenthal 
    2025  
     200,000  
     25,000  
     257,950  
     —  
     8,220  
    $491,170 
  
    Chief Financial Officer(6) 
    2024  
     22,778  
     10,000(