NeoVolta Inc. entered into RSU Cancellation Agreements with CEO Ardes Johnson and CFO Steve Bond to cancel previously granted RSUs covering 1,280,000 and 240,000 shares, respectively. In exchange, the company granted new stock options for 1,880,166 shares to Johnson and 352,531 shares to Bond at an exercise price of $3.54 per share, with vesting in four tranches starting with 25% on issuance and the remainder on scheduled dates through 2028 for Johnson and 2029 for Bond. Both option awards expire on February 23, 2031.
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. NeoVolta Inc. 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: 0001683168-26-001303), on February 25, 2026, and is solely responsible for the information contained therein.
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