Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 526

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 4
Chunk 526
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 since September 2021. Mr. Saglio was a valued member of the Company’s executive management team and will
be greatly missed. Prior to his passing, Mr. Saglio served as Chief Financial Officer pursuant to a consulting agreement with the Company
that provided for annual compensation of $270,000. Under the agreement, Mr. Saglio was also entitled to a cash bonus and to participate
in the Company’s stock incentive plan, each as determined by the Board.

On
December 12, 2024, the Board of Directors appointed Josh Blacher to serve as the Company’s Chief Financial Officer. In such capacity,
Mr. Blacher will serve as the principal financial officer and principal accounting officer of the Company. Mr. Blacher provides services
to the Company as an independent contractor pursuant to a master services agreement entered into on December 13, 2024 (the “Consulting
Agreement”) by the Company and Danforth Advisors, LLC (“Danforth”). Pursuant to the Consulting Agreement, the Company
will pay Danforth cash compensation at a rate of $525 per hour for Mr. Blacher’s services, which is subject to an optional increase
by Danforth of up to 5% on January 1 of each year. Mr. Blacher will receive no compensation directly from the Company.

 37 

Director
Compensation

The
following table summarizes the compensation paid to our executive and non-executive directors during the year ended December 31, 2024.

    Name 
    Fees
    Earned or Paid in Cash (1)  
    Stock Awards  
    Option
    Awards (2)  
    All Other Compensation  
    Nonequity Incentive Plan Compensation  
    Nonqualified Deferred Compensation
    Earnings  
    Total Compensation 
  
    Vininder Singh(3) 
    $-  
    $-  
    $-  
    $-  
    $-  
    $-  
    $- 
  
    R. Donald Elsey 
    $45,000  
    $-  
    $34,050  
    $-  
    $-  
    $-  
    $79,050 
  
    William Enright 
    $45,000  
    $-  
    $34,050  
    $-  
    $-  
    $-  
    $79,050 
  
    Jason D