Company: BSFC
Filing Date: 2025-06-23
Form Type: 10-K
Source: 0001641172-25-015976
Chunk: 435

Company: Blue Star Foods Corp.
Filing Date: 2025-06-23
Form: 10-K
Item: Item 1
Chunk 435
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”) to file reports of ownership and changes in ownership with the
SEC. Based solely on our review of copies of such reports and representations from the Reporting Persons, we believe that during the
year ended December 31, 2024, all of the Reporting Persons timely filed all such reports.

47

Code
of Ethics

We
have adopted a code of ethics that applies to our executive officers, directors and employees. We have filed a copy of our Code of Ethics
as an exhibit to this Annual Report. Our Code of Ethics and the charters of the committees of our board of directors are available on
our website www.bluestarfoods.com. In addition, a copy of the Code of Ethics will be provided without charge upon request from
us.

Insider
Trading Policy

Our
Insider Trading Policy governs the purchase, sale, trade, and other dispositions of our securities by our officers, directors, and employees,
to promote compliance with the insider trading laws, rules and regulations and listing standards
applicable to us.

Change
in Procedures for Recommending Directors

There
have been no material changes to the procedures by which our stockholders may recommend nominees to our Board of Directors from those
procedures set forth in our Proxy Statement for our 2024 Annual Meeting of Stockholders, filed with the SEC on November 12, 2024.

ITEM
11. EXECUTIVE COMPENSATION

EXECUTIVE
COMPENSATION

The
table below sets forth certain information about the compensation awarded to, earned by or paid to our Chief Executive Officer and our
other two most highly compensated executive officers whose total compensation exceeded $100,000 during 2024 (each, a “Named Executive
Officer”).

Summary
Compensation Table 

    Name and Principal Position 
    Year  
    Salary
    ($)  
    Stock
    awards ($)  
    Option
    awards ($)(1)  
    All
    other compensation ($)  
    Total
    ($) 
  
    John Keeler - 
     2024  
     76,878  
     60,000(5) 
     -  
     49,730(3) 
     186,608 
  
    Executive Chairman and Chief Executive Officer
    and Director 
     2023  
     76,878  
     500(2) 
     -  
     43,831(3) 
     121