Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 955

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 9A
Chunk 955
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 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. Hanson 
    $45,000  
    $-  
    $34,050  
    $-  
    $-  
    $-  
    $79,050 

(1)
Represents cash compensation for service as a director and as chair of a board committee during the fiscal year 2024.

(2)
Represents annual value of stock options issued during fiscal year 2024 under our 2022 Equity Incentive Plan.

(3)
Mr. Singh did not receive additional compensation