Beam Global has announced a new compensation plan for its chief executive officer, Desmond Wheatley. On June 4, 2025, the company's Board of Directors approved a one-time stock award of 870,000 shares of common stock to Wheatley. This award is part of the company's 2021 Equity Incentive Plan and recognizes Wheatley's performance during the fiscal years ending December 31, 2023, and 2024. Additionally, the award acknowledges his role in the successful acquisitions of All Cell Technologies, LLC, Amiga DOO Kraljevo, and Telcom d.o.o Beograd.
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