Castellum, Inc. — Form 8-K
Filed July 2, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Castellum extended Glen R. Ives' employment agreement through December 31, 2027 (from July 1, 2026), maintaining base salary of $375,000/year. Ives receives new stock options valued at 106.6% of base salary (~$399,750) vesting quarterly, acceleration of 500,000 existing options at $1.07/share, and acquisition bonuses of 25-100% of base salary if company reaches $70M-$100M net sales targets post-acquisition.
Why this rating
Routine executive renewal with market-rate compensation. CEO incentives align with growth, but modest absolute size (~$375K salary + ~$400K options) relative to $97.9M market cap (~0.8% of company value annually).
View original filing on SEC.gov ↗
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