---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-23-001983"
form_type: "8-K"
ticker: null
cik: "0001816937"
company_name: "BOXABL Inc."
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:08:36.887501+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0001096906-23-001983
- form_type: 8-K
- cik: 0001816937
- company_name: BOXABL Inc.
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816937/000109690623001983/0001096906-23-001983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816937/000109690623001983/box-20231009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-23-001983
- JSON: https://secwatch.observer/filing/0001096906-23-001983.json
- Plain text: https://secwatch.observer/filing/0001096906-23-001983.txt

## Key facts
- Executive change
  Martin Noe Costas was appointed as Chief Financial Officer at BOXABL Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On October 2, 2023, Martin Noe Costas was appointed as the new Chief Financial Officer of Boxabl Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816937/000109690623001983/0001096906-23-001983-index.htm

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