Company: BSFC
Filing Date: 2025-06-23
Form Type: 10-K
Source: 0001641172-25-015976
Chunk: 177

Company: Blue Star Foods Corp.
Filing Date: 2025-06-23
Form: 10-K
Item: Item 10
Chunk 177
---
 10th anniversary
of the effective date of the 2018 Plan, and no additional annual share increases to the 2018 Plan’s aggregate share limit will
occur from and after such anniversary. Any award that is outstanding on the termination date of the 2018 Plan will remain in force according
to the terms of the 2018 Plan and the applicable award agreement.

Director
Compensation 

The
following table sets forth certain information concerning compensation earned by the Company’s non-employee directors for services
rendered as a director during the year ended December 31, 2024:

Director
Compensation Table

    Name 
    Fees
    Earned or Paid in Cash  
    Stock
    Awards(1)  
    Option
    Awards(1)  
    Non-Equity
    Incentive Plan Compensation  
    Nonqualified
    Deferred Compensation Earnings  
    All
    Other Compensation  
    Total 

    Nubar Herian 
    $     -  
    $60,000  
    $     -  
          -  
          -  
          -  
    $60,000 
  
    Jeffrey Guzy 
    $-  
    $180,000  
    $-  
     -  
     -  
     -  
    $180,000 
  
    Timothy McLellan 
    $-  
    $120,000  
    $-  
     -  
     -  
     -  
    $120,000 
  
    Trond Ringstad 
    $-  
    $120,000  
    $-  
     -  
     -  
     -  
    $120,000 

(1)
The aggregate grant date fair value is computed in accordance with FASB ASC Topic 718.

53

ITEM
12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Security
Ownership of Certain Beneficial Owners and Management

The
following table sets forth, as of June 20, 2025, the number of shares of common stock beneficially owned by (i) each person, entity or group
(as that term is used in Section 13(d)(3) of the Securities Exchange Act of 1934) known to