Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Fred P. Lampropoulos earned $6.01M in total compensation at Merit Medical Systems, including $1.89M salary, $1.34M bonus and $2.77M in stock. Most recently sold 68,639 shares in Mar 2025. Currently holds stock worth $85.84M. Has donated $994.40K in stock to charitable causes. Has led Merit Medical Systems for over 10 years.

Compensation History

Annual executive compensation data for Fred P. Lampropoulos, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$6.01M

Salary

$1.89M

Bonus

$1.34M

Other

$8.70K

Salary

$1.89M

Board Justification

The compensation philosophy is to align the interests of management and shareholders for the purpose of maximizing shareholder value, while considering the interests of other significant stakeholders such as employees, patients, customers, business partners and the communities in which we operate.

Bonus

$1.34M

Board Justification

Based on the Company’s achievement of goals established by the Compensation Committee, the Compensation Committee determined to award and pay the annual cash bonus at 118.12% of the target payment amount for 2023.

Other Compensation

$8.70K

Board Justification

Includes matching contributions made by the Company for the benefit of Mr. Lampropoulos to the Company’s 401(k) Plan.

Restricted Stock

$2.77M18.96K RSU

Board Justification

Represents the number of shares of stock that vested in 2023 under the performance stock units (PSUs) granted in prior years, based on the achievement of performance metrics.

Performance Metrics

The performance metrics for determining the compensation of the CEO include total shareholder return, net sales, non-GAAP operating margin, non-GAAP earnings per share, and adjusted free cash flow.

M

Fred P. Lampropoulos

Founder and CEO of Merit Medical Systems

Field of Expertise

Business & Management

Sector of Economy

Healthcare

CEO of Merit Medical Systems for

10 years 0 months (Dec 2015 - Present)

Previous Experience

President of Merit Medical Systems Inc.

Holdings

Track Fred P. Lampropoulos's stock holdings and portfolio value over time.

Total Stock Sold

$18.38M

MMSI

$18.38M

396,889.484 MMSI shares

What if they kept their stock?

If Fred P. Lampropoulos didn't sell their stock, today they would have:
Extra MMSI396,889.484 shares worth $33.40M.
This is 81.67% and $15.01M more than what they got when they sold the stock.

Charitable Transactions

MMSI

11,817 shares

MMSI

Recent Charitable Transactions

MMSI

11,817 shares

MMSI

Mar 6, 2015

Charity

Insider Trading

Fred P. Lampropoulos's recent stock transactions, purchases, and sales filed with the SEC.

MMSI

$7.13M

MMSI at $103.82/share

Mar 5, 2025

Sale

MMSI

102,278 shares

MMSI

Feb 27, 2025

Received

MMSI

43,534 shares

MMSI

Mar 4, 2024

Received

MMSI

$1.70M

MMSI at $68.04/share

Mar 14, 2023

Sale

MMSI

$1.45M

MMSI at $70.02/share

Feb 28, 2023

Sale

MMSI

27,159 shares

MMSI

Feb 28, 2023

Received

MMSI

17,680 shares

MMSI

Feb 26, 2022

Received

MMSI

$294.84K

MMSI at $59.60/share

Mar 12, 2021

Sale

MMSI

8,840 shares

MMSI

Feb 26, 2021

Received

MMSI

$220.00K

MMSI at $44.00/share

May 20, 2020

Sale

Rivals

Compare Fred P. Lampropoulos with competitor CEOs and industry peers.