Powerus Corp — Form 8-K
Filed October 22, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Powerus Corporation hired Leah Lunger as Chief Accounting Officer effective November 16, 2026, at an annual base salary of $235,000 plus a $50,000 guaranteed annual bonus (starting FY2027). Lunger receives 150,000 non-qualified stock options (10-year term, quarterly vesting over 4 years) and 50,000 RSUs (same vesting), with exercise price at fair market value. Severance upon termination without cause: 3 months base salary plus prorated bonus; change-of-control severance: 1.0x base + guaranteed bonus. Standard restrictions on competition (12 months post-separation), confidentiality, and intellectual property assignment apply.
Why this rating
Routine C-suite executive hire; material compensation ~$285K annually (~1% of $26.7M market cap) plus equity dilution (~200K shares); no business change, standard employment terms.
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