Boxabl appoints Martin Noe Costas as CFO with $5M stock grant

BOXABL Inc.

$325,000 annual salary, $5M stock grant (7,142,857 RSUs), and $27,500 relocation.
RSUs vest fully on Oct 2, 2026, but payable only upon a Qualifying Transaction (change of control, IPO, or Company tender).
If employment terminates before a Qualifying Transaction, all RSUs are cancelled with no payment.
Costas previously served as CFO of Honeywell Process Solutions ($4B+ division) from 2022 to Oct 2023.

item 5.02 item 9.01

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Appointed

Martin Noe Costas

Chief Financial Officer

BOXABL Inc.

Effective: 2023-10-02
Filed: October 13, 2023, 7:59 PM ET

On October 2, 2023, Martin Noe Costas was appointed as the new Chief Financial Officer of Boxabl Inc.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Martin Noe Costas was appointed as Chief Financial Officer at BOXABL Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On October 2, 2023, Martin Noe Costas was appointed as the new Chief Financial Officer of Boxabl Inc.

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Source: SEC EDGAR

accession 0001096906-23-001983

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