---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-023025"
form_type: "8-K"
ticker: "ZSTK"
cik: "0001790169"
company_name: "ZeroStack Corp."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:16:30.815889+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Flora Growth Corp. enters new CEO/CFO agreements with SARs tied to share price milestones

## Summary
- CEO Clifford Starke base salary $420k; SARs valued at 12% of outstanding shares vest in 12 tranches tied to 50% share price increases each.
- CFO Dany Vaiman base salary $275k; SARs valued at 4% of outstanding shares vest in 8 tranches tied to 50% share price increases each.
- SARs expire 10 years from grant; exercisable only after shareholder approval at annual meeting.
- Both agreements provide severance of 1.5x base salary upon termination without cause or for good reason.
- Agreements have indefinite term and are retroactive to date of appointment as CEO/CFO.

## SEC filing metadata
- accession: 0001062993-23-023025
- form_type: 8-K
- ticker: ZSTK
- cik: 0001790169
- company_name: ZeroStack Corp.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1790169/000106299323023025/0001062993-23-023025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1790169/000106299323023025/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-023025
- JSON: https://secwatch.observer/filing/0001062993-23-023025.json
- Plain text: https://secwatch.observer/filing/0001062993-23-023025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.