Company: PTHS
Filing Date: 2025-11-14
Form Type: PRE 14A
Source: 0001753926-25-001803
Chunk: 22

Company: Pelthos Therapeutics Inc.
Filing Date: 2025-11-14
Form: PRE 14A
Chunk 22
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Under the securities laws of the United States, our directors, executive (and certain other) officers, and any persons holding ten percent or more of our Common Stock must report on their ownership of the Common Stock and any changes in that ownership to the SEC. Specific due dates for these reports have been established. During the fiscal year ended December 31, 2024, all reports required to be filed by such persons pursuant to Section 16(a) were filed on a timely basis.

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DIRECTOR COMPENSATION</div>

We have not implemented a formal policy with respect to compensation payable to our non-employee directors. From time to time, we have granted equity awards to attract individuals to join our Board and for their continued service thereon. In 2024, independent directors of Channel Therapeutics Corporation (“Channel”) received $14,396 in cash compensation. In addition, in 2024 directors were granted options to purchase 9,000 shares of Common Stock at fair market value as of the date of issuance, expiring ten years from issuance and RSUs representing 35,667 shares of Common Stock. In addition, we reimburse our directors for expenses associated with attending meetings of our Board and its committees. Our Board is still in the process of considering the non-employee director compensation policy.

| Name      |     | Fees       
 Earned     
 or Paid in 
 Cash       
 ($)        |        |     | Stock  
 Awards 
 ($)    |        |     | Stock  
 Option 
 Awards 
 ($)(1) |         |     | Non-Equity   
 Incentive    
 Plan         
 Compensation 
 ($)          |   |     | Nonqualified 
 Deferred     
 Compensation 
 Earnings     
 ($)          |        |     | All          
 Other        
 Compensation 
 ($)          |   |     | Total 
 ($)   |         |
| Todd      
 Davis     |     |            | 14,396 |     |        | 52,258 |     |        | 299,215 |     |              | — |     |              | 20,000 |     |              | — |     |       | 385,869 |
| Ezra      
 Friedberg |     |            | 14,396 |     |        | 26,111 |     |        | 149,608 |     |              | — |     |              | 20,000 |     |              | — |     |       | 210,115 |
| Richard   
 Malamut   |     |