VisionWave ties exec pay to UGV sales milestones, signals commercialization push

Filed May 11, 2026 · Period ending May 8, 2026 · ~1 min read

Key Changes

• high

  UK Managing Director can earn 150,000 additional stock options tied to unmanned ground vehicle sales: 50,000 for second UGV sold, 100,000 when invoices hit $1M total. Signals company is actively commercializing its UGV product line.

  Item 5.02 verify on EDGAR →
• medium

  Base salary raised to $200K effective May 1, with potential increase to $300K if company hits $10M revenue in any 90-day period. Creates performance-linked compensation structure tied to revenue growth.

  Item 5.02 verify on EDGAR →
• medium

  Executive already holds 250,000 options from prior agreement; new grants are incremental and vest only upon achieving specific sales targets.

  Item 5.02 verify on EDGAR →