NextPlat Corporation Issues Correction Detailing CEO David Phipps’ Compensation Arrangement

Reuters10-03

<a href="https://laohu8.com/S/NXPL">NextPlat</a> Corporation Issues Correction Detailing CEO David Phipps' Compensation Arrangement

NextPlat Corporation has issued an amendment to its previously filed Form 8-K, clarifying the compensation arrangements for newly appointed CEO David Phipps. The correction confirms that Mr. Phipps's annual base salary has been increased to $450,000 and includes a one-time grant of 200,000 fully vested shares of common stock under the company's 2021 Incentive Plan. No other changes were made to his compensation.

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. NextPlat Corporation 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: 0001437749-25-030380), on October 03, 2025, and is solely responsible for the information contained therein.

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