Company: BSFC
Filing Date: 2025-06-23
Form Type: 10-K
Source: 0001641172-25-015976
Chunk: 726

Company: Blue Star Foods Corp.
Filing Date: 2025-06-23
Form: 10-K
Item: Item 1B
Chunk 726
---
 Incentive Plan Compensation  
    Nonqualified
    Deferred Compensation Earnings  
    All
    Other Compensation  
    Total 

    Nubar Herian 
    $     -  
    $60,000  
    $     -  
          -  
          -  
          -  
    $60,000 
  
    Jeffrey Guzy 
    $-  
    $180,000  
    $-  
     -  
     -  
     -  
    $180,000 
  
    Timothy McLellan 
    $-  
    $120,000  
    $-  
     -  
     -  
     -  
    $120,000 
  
    Trond Ringstad 
    $-  
    $120,000  
    $-  
     -  
     -  
     -  
    $120,000 

(1)
The aggregate grant date fair value is computed in accordance with FASB ASC Topic 718.

53

ITEM
12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Security
Ownership of Certain Beneficial Owners and Management

The
following table sets forth, as of June 20, 2025, the number of shares of common stock beneficially owned by (i) each person, entity or group
(as that term is used in Section 13(d)(3) of the Securities Exchange Act of 1934) known to the Company to be the beneficial owner of
more than 5% of its outstanding shares of common stock; (ii) each of the Company’s directors (iii) each Named Executive Officer
and (iv) all of the Company’s executive officers and directors as a group. The information relating to beneficial ownership of
Common Stock by our principal stockholders and management is based upon information furnished by each person using “beneficial
ownership” concepts under the rules of the SEC. Under these rules, a person is deemed to be a beneficial owner of a security if
that person directly or indirectly has or shares voting power, which includes the power to vote or direct the voting of the security,
or investment power, which includes the power to dispose or direct the disposition of the security. The person is also deemed to be a
beneficial owner of any