MedTech & Diagnostics
Neuraxis Executive Compensation (FY25)
NRXS · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Brian Carrico | Latest say-on-pay support = August 15, 2024 |
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The paid brief on Neuraxis
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of October 22, 2026Latest filing (DEF 14A): April 28, 2026
4 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Intel, one year, every company
91 figures on this page: 90 cited to the filing that reported them, 1 calculated from figures it prints. See the citations
This company is not required to report a chief executive pay ratio.
More on Neuraxis
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Brian Carrico: $578,376 → $936,439 (61.9% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Neuraxis' chief executive and what were they paid?
Total compensation for Brian Carrico, President, Chief Executive Officer, and Director, came to $936,439 in fiscal 2025. Carrico's total was 61.9% higher than the $578,376 reported for fiscal 2024.
What was Neuraxis' say-on-pay result?
The say-on-pay proposal drew 99.3% of votes cast for or against in favor at the meeting held August 15, 2024 for fiscal 2023.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Carrico Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Thomas Carrico Chief Regulatory Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Adrian Miranda Chief Medical Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Carrico President, Chief Executive Officer, and Director | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Thomas Carrico Chief Regulatory Officer, Compliance Officer and Privacy Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Adrian Miranda Chief Medical Officer, Senior Vice President of Science and Technology | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Timothy Henrichs Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Brian Carrico President, Chief Executive Officer, and Director | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Adrian Miranda Chief Medical Officer, Senior Vice President of Science and Technology | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Thomas Carrico Chief Regulatory Officer, Compliance Officer and Privacy Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Carrico President, Chief Executive Officer, and Director | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Timothy Henrichs Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Adrian Miranda Chief Medical Officer, Senior Vice President of Science and Technology | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Thomas Carrico Chief Regulatory Officer, Compliance Officer and Privacy Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Timothy Henrichs | RSA | — | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Timothy Henrichs | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Brian Carrico | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Adrian Miranda | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Thomas Carrico | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Kristin Ferge | ◇ | ◇ | — | — | — | — | ◇ |
Gilad Aharon | ◇ | ◇ | — | — | — | — | ◇ |
Bradley Mitch Watkins Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Beth Keyser | ◇ | ◇ | — | — | — | — | ◇ |
Timothy Henrichs, Christopher Robin Brown and Brian Carrico served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2023 | August 15, 2024 | = | ◇ | ◇ | ◇ |
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Brian Carrico (President, Chief Executive Officer, and Director), FY2025 total compensation $936,439 (base salary $345,102) [exec_comp, SEC accession 0001140361-26-017498, filed 2026-04-28]What this page does not include
Everything above is a fact Neuraxis disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
91 figures on this page: 90 cited to the filing that reported them, 1 calculated from figures it prints.
90 cited to the filing
1 calculated from the filing
Documents cited
- 0001140361-26-017498
- 0001140361-25-013641
- 0001493152-24-033444Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-24-031946
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Neuraxis executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/NRXS (accessed 2026).
Short form: data: Velarion
The paid brief for Neuraxis
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
4 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}