Company: ARTL
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001640334-25-000335
Chunk: 166

Company: ARTELO BIOSCIENCES, INC.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 10
Chunk 166
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 Board, and the qualifications of candidates in light of these needs. Candidates may come to the attention of the Corporate Governance and Nominating Committee through stockholders, management, current members of the Board or search firms. The evaluation of these candidates may be based solely upon information provided to the Corporate Governance and Nominating Committee or may also include discussions with persons familiar with the candidate, an interview of the candidate or other actions the Corporate Governance and Nominating Committee deems appropriate, including the use of third parties to review candidates.

Code of Ethics

The Board has adopted a Code of Business Conduct and Ethics that applies to our directors, officers, and employees, including our principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions and agents and representatives, including consultants. A copy of the Code of Business Conduct and Ethics is available on our website at www.artelobio.com. We intend to disclose future amendments to such code, or any waivers of its requirements, applicable to any principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions or our directors on our website identified above.

ITEM 11. EXECUTIVE COMPENSATION

Summary Compensation Table for the Fiscal Year Ended December 31, 2024

The following table shows the compensation earned by our named executive officer for the fiscal years ended December 31, 2024, and December 31, 2023: 

Name and   Salary   Bonus  StockAwards  OptionAwards  Non-Equity Incentive PlanCompensation  Nonqualified DeferredCompensation Earnings  AllOther Compensation  Total Principal Position Year ($)  ($)  ($)  ($)(1)  ($)  ($)  ($)   ($) Gregory D. Gorgas 2024  520,000  242,450   -   240,016(2)  -   -  58,004(3)  1,060,470 President, CEO, CFO,  2023  485,417   251,203   -   251,644   -   -   5,831   994,095 Secretary, Treasurer and Director                                  

 (1)In accordance with SEC rules, the amounts shown reflect the aggregate grant date fair value of stock awards granted to Non-E