Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 258

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 258
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 person
pursuant to which any Officer or Director was or is to be selected as an officer or director.

Delinquent Section 16(a) Reports

Section 16(a) of the Securities Exchange Act of
1934, as amended, requires our directors, executive officers and persons who own more than 10% of our outstanding shares of common stock
(“Ten Percent Holders”) to file with the SEC reports of their share ownership and changes in their share ownership of our
common stock. Directors, executive officers and Ten Percent Holders are also required to furnish us with copies of all ownership reports
they file with the SEC. To our knowledge, none of our directors, executive officers and Ten Percent Holders failed to comply with any
Section 16(a) filing requirements during fiscal 2024.

51

Item 11. Executive Compensation

Summary Compensation Table

The following summary compensation table provides
information regarding the compensation paid during our fiscal years ended December 31, 2024, and

2023 to our Chief Financial Officer, Head of Strategic
Partnership and our Head of M&A. We refer to these individuals as our “named executive officers.”:

    Option  

    Name and Principal Position 
    Year  
      (Salary $)  
    (Bonus $)  
    Awards($)  
    Total ($) 
  
    Thyagarajan Ramachandran 
     2024  
     277,600  
     -  
     -  
     277,600 
  
    Chief Financial Officer 
     2023  
     217,500  
     50,000  
     27,803  
     295,303 
  
    Shibu Kizhakevilayil 
     2024  
     157,884  
     -  
     -  
     157,884 
  
    Head of M&A 
     2023  
     229,884  
     -  
     8,484  
     238,368 

Outstanding Equity Awards at Fiscal Year-End

The following table summarizes the number of shares
of common stock underlying outstanding equity incentive plan awards for each named executive officer as of December 31, 2024.

    Number of  
    Number of  

    Securities  
    Securities  

    Underlying  
    Underlying  

    Unex