Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 674

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 7
Chunk 674
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 June 14, 2024 and the sale of shares from July 2, 2024 to July 17, 2024. The delinquent
filing was inadvertent.

78

Item
11. Executive Compensation

Fiscal
2024 Summary Compensation Table

The
following table summarizes the compensation earned by or paid to our principal executive officer and our principal financial officer,
who constitute all of our executive officers, for fiscal 2024 and fiscal 2023. We have no defined benefit or actuarial pension plan,
and no deferred compensation plan.

    NAME AND PRINCIPAL POSITION 
    FISCAL YEAR  
    SALARY
 (1) ($)  
    STOCK AWARDS
 (2) ($)  
    OPTION AWARDS
 (3) ($)  
    NONEQUITY INCENTIVE PLAN COMPENSATIONS
 ($)  
    ALL OTHER COMPENSATION
 (4)    
    TOTAL
 ($) 
  
    David Tapolczay 
     2024  
    $558,578  
    $-  
    $58,800  
    $       -  
    $-  
    $617,378 
  
    Chief Executive Officer and Director 
     2023  
    $139,933  
    $-  
    $1,203,239  
    $-  
    $-  
    $1,343,172 
  
    James Bligh, Interim Chief Financial Officer 
     2024  
    $438,060  
    $105,852  
    $132,300  
    $-  
    $16,732  
    $692,944 
  
    Adam Sragovicz (5) 
     2024  
    $143,333  
    $-  
    $-  
    $-  
    $103,300  
    $246,333 
  
    Chief Financial Officer 
     2023  
    $116,667  
    $410,743  
    $-  
    $-  
    $-  
    $527,410 

    (1)
    Salaries
    converted from British Pounds to US Dollars based on the following exchange rate in effect as of December 31, 2024: 1.2549.

    (2)
    Reflects
    the grant