GridAI Technologies Unveils New CEO Compensation Package with Equity and Performance Bonuses

Reuters
2025/12/24
GridAI Technologies Unveils New CEO Compensation Package with Equity and Performance Bonuses

GridAI Technologies Corp. has entered into a new consulting agreement with Interim CEO Jason D. Sawyer, effective December 19, 2025. Under the agreement, Sawyer will receive a base compensation of $25,000 per month, retroactive to October 1, 2025, and a quarterly fee of $20,000 for each quarter the company meets specific criteria, beginning January 1, 2026. Additionally, Sawyer is eligible for a one-time payment of $150,000 and 400,000 shares upon shareholder approval of the company’s acquisition of Grid AI Corp. The agreement also includes an equity grant of 1,000,000 restricted stock units, with 25% vesting each calendar quarter of 2026 upon achieving set objectives, and provisions for immediate vesting in certain circumstances such as termination without cause or a change in control.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GridAI Technologies Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-124213), on December 23, 2025, and is solely responsible for the information contained therein.

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