Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1050

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 1050
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 from, any provision of the code.

63

ITEM
11. EXECUTIVE COMPENSATION

Summary
Compensation Table

The
following table provides certain summary information concerning compensation awarded to, earned by or paid to our Principal Executive
Officer and our other highest paid executive officers whose total annual salary and bonus exceeded $100,000 (collectively, the “named
executive officers”) for fiscal years December 31, 2024 and 2023.

    All Other  

    Salary  
    Compensation  
    Total 
  
    Name and Principal Position 
    Year  
    ($)  
    ($)  
    ($) 

    Carol Craig 
     2024  
     325,000  
     234,000(1) 
     559,000 
  
    President & Chief Executive Officer 
     2023  
     217,425  
     -  
     217,425 

    Bill White (2) 
     2024  
     226,875  
     54,667(3) 
     281,542 
  
    Former Chief Financial Officer 

    (1)
    Ms.
    Craig received a cash bonus for July 1 2023 to June 30 2024 and a 6-month bonus for July 1,2024 to Dec 31, 2024.
  
    (2)
    Mr.
    White became our Chief Financial Officer on February 6, 2024 and left his position as CFO in January 2025.
  
    (3)
    Mr.
    White was paid a % of his annual compensation in the form of restricted stock units. Mr. White earned a partial cash bonus for 2024.

Outstanding
Equity Awards at December 31, 2024

There
were equity awards held by our named executive officers as of December 31, 2024. Mr. White held 25,000 options as per his employment
agreement dated Feb 6, 2024, vesting over 3 years. These options became 100% vested upon Mr. Whites termination of employment.

Non-Employee
Director Compensation

The
following table presents the total compensation for each person who served as a non-employee member of our Board and received compensation
for such service during the fiscal year ended December 31, 2024. Other than as set forth in the table and described more fully below,